BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Quadrise 'knows of no specific reason' for share price drop following rally

25 Aug 2017 14:39 GMT

Share value falls more than 20% on Friday, but is still up almost 50% since the start of the week.



Quadrise Fuels International Plc (QFI), the emerging supplier of MSAR emulsion technology and fuel, said on Friday that "it knows of no specific reason" for recent movements in the company's share value, which saw the price drop by around 20 percent prior to the release of the company's statement this morning.

At the time of writing (14:10 GMT), Quadrise shares were down almost 27 percent to 4.40 pence per share on the London Stock Exchange, having closed at 6.01 pence per share the previous day.

However, it also should be noted that between Monday and Thursday, the share price actually doubled from 3.0 pence to yesterday's closing figure, having peaked at 6.25 pence earlier that day; and Quadrise's value is still up around 47 percent since the start of the week.

Quadrise's 52-week trading range is currently 2.32 - 14.31 pence.

The UK firm is due to announce its final results for the year ended 30 June, 2017, in October.






Related Links:

Quadrise announces cost-cutting initiatives as chairman slashes salary by 50%
Quadrise receives MSAR trial inspection report
Wartsila confirms 'no detrimental effect' on engine during MSAR fuel trial: Quadrise
Wartsila produces draft MSAR interim LONO: Quadrise
Maersk pulls out of MSAR fuel trial

Latest News:

Project targets emissionless 'green corridor' with first electric inland boxship
UK's first LNG-fuelled passenger ferry launched in Glasgow
Wartsila to supply scrubber and engines for new cruise ship
Oil stocks, rig count and OPEC taking centre stage
Oil and fuel oil hedging market update
Petronas signs accord to provide STS LNG transfers
ECSA welcomes agreement on CO2 emissions trading system
Tallink achieves Q3 growth despite rise in bunker costs
Oil and fuel oil hedging market update
Jan Brent rose $0.47 to close at $62.57
Debmarine Namibia inks MoU to build bunker-saving mining vessel
Understanding 'about' in bunker consumption clauses




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events