Equipmake Holdings has developed electric vehicle drivetrain technology that has won some initial contracts. It is still early days and the cash raised will help to increase capacity if additional work is won.
The share price ended the first day at 5.875p (5.5p/6.25p). There were five trades at between 5.65p a share and 6.1p a share. Just over 69,000 shares were traded.
Revenues are currently modest, but there are more than £400m of opportunities that are being negotiated. These include active discussions, soe with existing customers, or proposals that have been sent.
Positive news a...
