Note: There is much greater liquidity on the London Stock Exchange under the ticker PVCS.
Note: The company reports some figures in EUR and some in GBP. I’ve used a conversion factor GBP/EUR of 1.15.
Investment thesis
PV Crystalox Solar plc (PVCRF) has historically been a supplier to the global solar photovoltaic industry but is currently operating in cash conservation mode and returning cash to shareholders. This is a liquidation play with too many risk factors, which are hard to estimate the odds of.
About PV Crystalox Solar plc
PV Crystalox Solar was