US energy technology company Baker Hughes has made a US$3m (£2.4m) investment in ATOME representing a 6.6% holding. As with all such strategic stakes the information content of the investment is key, signalling a positive appraisal of the company from an industry insider. Specifically, we see the interest of this major player as pointing to the long-term development opportunities ATOME has in multiple geographies. ATOME has also announced that it will add a back end process in the Villeta design ....
22 May 2023
ATOME Energy - Strategic Stake And Fertiliser Move
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ATOME Energy - Strategic Stake And Fertiliser Move
ATOME PLC (ATOM:LON) | 61.0 0 0.0% | Mkt Cap: 27.4m
- Published:
22 May 2023 -
Author:
Adam Forsyth -
Pages:
8
US energy technology company Baker Hughes has made a US$3m (£2.4m) investment in ATOME representing a 6.6% holding. As with all such strategic stakes the information content of the investment is key, signalling a positive appraisal of the company from an industry insider. Specifically, we see the interest of this major player as pointing to the long-term development opportunities ATOME has in multiple geographies. ATOME has also announced that it will add a back end process in the Villeta design ....