1Mon·

From now on, we'll continue as Omterra!

$ENR (+1.64%)

(and 300 million more per year)

I have a hard time with this, but I can understand the decision.

5 Comments

Chris@Multibagger

1Mon

Unfortunately, the figure of 300 million is incorrect, since the license agreement with Siemens runs through 2030 and the decision has now been made not to renew it.

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Justus@StockFishing

1Mon

@Multibagger but the contract would then be terminated immediately and would not have to run through 2030

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Chris@Multibagger

1Mon

@StockFishing That's true, but the cost of changing the company name is probably higher than 300 million

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TradingHase@TradingHase

1Mon

Are these prospects specifically responsible for the price drop, or has some significant news come to light? 🤷🏼‍♂️

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Justus@StockFishing

1Mon

@TradingHase I think that's partly due to the current high valuation

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