Quadrise Fuels International plc (QFI) Ord 1p
Quadrise Fuels International plc is engaged in developing and marketing emulsion fuels, MSAR and bioMSAR for use in power generation plants, industrial and upstream oil applications, and marine diesel engines. It produces emulsion fuel (or supply the associated technology to third parties) as a low-cost substitute for conventional heavy fuel oil (HFO). The MSAR is a low viscosity oil-in-water emulsified synthetic HFO. It is manufactured using technology to mix heavy residual oils with small amounts of specialist chemicals and water to a bespoke formulation. The bioMSAR is a blend of heavy residual oils and glycerin with small amounts of specialist chemicals and water that are mixed using its MSAR technology. The bioMSAR is an oil-in-water emulsified synthetic biofuel, with lower emissions than conventional fuels. MSAR and bioMSAR is be used to generate energy for the extraction of crude oil from oil wells and oil sands deposits.
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'.