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Minesto AB (MINEST) NPV

Sell:27.40 SEK Buy:27.60 SEK Change: 0.1 SEK (0.37%)
Market closed |  Prices as at close on 30 October 2020 | Switch to live prices |
Sell:27.40 SEK
Buy:27.60 SEK
Change: 0.1 SEK (0.37%)
Market closed |  Prices as at close on 30 October 2020 | Switch to live prices |
Sell:27.40 SEK
Buy:27.60 SEK
Change: 0.1 SEK (0.37%)
Market closed |  Prices as at close on 30 October 2020 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Minesto AB is a Sweden-based company engaged in the development of tidal energy devices. The Company's product Deep Green, is a power plant that converts energy from tidal stream flows into electricity by way somewhat similar to the posture of a wind kite. The kite assembly, consisting of a wing and turbine, is attached by a tether to a fixed point on the ocean bed. As water flows over the hydrodynamic wind, a lift force is generated which allows the device to move smoothly through the water and for the turbine to rotate hence generating electricity. The Company has offices in Sweden, North Ireland and the United Kingdom. The Company is co-owned by SAAB, BGA Invest, Verdane Capital, Encubator and Midroc.

Contact details

Address:
Vita gavelns vag 6
VAESTRA FROELUNDA
426 71
Sweden
Telephone:
+46 (31) 290060
Website:
https://www.minesto.com

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
MINEST
ISIN:
SE0007578141
Market cap:
3.50 billion SEK
Shares in issue:
125.75 million
Sector:
Heavy Electrical Equipment
Exchange:
Stockholm Stock Exchange
Country:
Sweden
Currency:
Swedish Krona
Indices:
n/a

Key personnel

  • Bengt Adolfsson
    Chairman of the Board
  • Martin Edlund
    Chief Executive Officer, Director
  • Fredrik Ahlstrom
    Chief Financial Officer
  • David Collier
    Chief Operating Officer
  • Bernt Westre
    Chief Technology Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.