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Ballard closes $22 m deal for fuel cellsBallard Power Systems (TSX:BLD) announced Tuesday it will supply 2,900 of its Mark 9 SSL fuel cells to General Hydrogen Corp. by the end of 2008 under a US$22-million agreement. The market liked the news and the stock closed up over 8% at 6.1. Actually, Ballard could do with quite a lot of good news - just take a look at the 12 month chart. It looks more like a seismograph with an earthquake in the middle. This is when it peaked at just over 12 before May's alternative energy fallout. Categories:2 CommentsLeave a comment |
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