Wednesday April 23, 2014


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Ceres Power – Target Price 0p.

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- Tom Winnifrith

Ceres Power (LSE:CWR) has been another AIM listed darling of the fuel cell/green pie in the sky sector. Over the past few years it has raised £65 million to fund its dreams but the dream is now a nightmare. There are some who think that this company still has £10 million and is worth something. They are wrong as I shall explain below. The shares have collapsed to 2.205p but my target price is 0p.

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