FuelCell had to feel what it means to fall for smart investors (loan sharks?). The preference shares that could be converted into ordinary shares were probably used to push down the price via short selling and to receive more and more shares due to a conversion ratio. Did the analysts who evaluate and recommend FuelCell Energy simply overlook this? Now the capital has been merged. The number of artificially inflated shares via conversion of preference shares has now been significantly reduced. Unfortunately, all this seems to leave the management cold, otherwise they would at least make a press release.
On July 6, 2017, the same date as the 5th Annual Hydrogen Day, the German Aerospace Center, DLR, broke ground for the H2ORIZON project. Planning took seven years (see October 2016 issue of H2-international) – now, the objective is to get the first hydrogen station in Lampoldshausen up and running before the end of 2018.