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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (31)4/14/1998 9:05:00 PM
From: diddlysquatz  Read Replies (1) | Respond to of 6016
 
Stephen, that was my point. Most investors will wait until they have the units before they think of selling the stock. While I think the stock is still grossly undervalued based on their current business the new technology also increases the risk involved. This funding has a very dilutive effect in the short term and it is anybody's guess as to how successful the company will be with this new technology. However it certainly does add alot of sex appeal that the company appeared to be lacking up to a short time ago. I would prefer to see some price weakness before buying more and I think we may see it once the financing is closed.

Cheers,

Paul