Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in AFC Energy (AFC) have performed well of late, more than doubling since Roman Abramovich’s vehicle Ervington Investments acquired 15% of the company last October for the price of an ageing midfielder (£8.7 million). The shares trade at 38.75p today down from a recent high of 50p to give a market cap of around £90 million
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