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The latest update is out from Inspirit Energy Holdings ( (GB:INSP) ).
Inspirit Energy Holdings Plc reported significant changes in its operations for the year ending June 2024, influenced by the departure of a key engineer. This has led the company to pause its commercial discussions and focus on cash preservation, transitioning into an AIM Rule 15 cash shell. The company faces financial challenges, having reported a substantial loss and a decrease in net asset value, with plans to possibly leverage existing intellectual property while exploring new opportunities.
More about Inspirit Energy Holdings
Inspirit Energy Holdings Plc operates in the renewable energy sector, focusing on the development of Stirling engine technology applications, including waste heat recovery systems. The company is involved in product development and aims to leverage its technology across various sectors.
YTD Price Performance: -9.09%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £230.9K
Find detailed analytics on INSP stock on TipRanks’ Stock Analysis page.
