News blog

Voller Energy

  • BY: Andrew Hore |
  • POSTED: 24/02/2008 |

Fuel cell systems developer Voller Energy is looking at options for its business.

Voller will need more funding to take advantage of its opportunities. Deloitte Corporate Finance will conduct a strategic review of the business and the options could include alliances or a sale of the business. The shares rose 1p to 8.75p.

The NAV is 16p a share - which is mainly cash. Voller still has £3.33m in cash. That should last at least 12 months.

Revenues remain negligible and they dipped slightly to £19,000 in the six months to December 2007. The loss increased from £1.16m to £1.28m.

© 2023 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds