RENEWABLES

1414 soars in first week

HAVING successfully raised A$16.3 million in its initial public offer, high-tech energy storage concern 1414 Degrees hit the local bourse this week, starting trading at a small premium and finishing up 31% at yesterday’s close just shy of 30c per share.

1414 soars in first week

This morning it added a further 11% to trade at 33c, capitalising the company at $35.3 million.   The company is "aiming to fill the critical gap for low cost, environmentally friendly energy storage"...

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