Peter Tertzakian: The stock market has turned against overhyped clean-tech companies — and it's about time

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

For now, the days of cheap money chasing expensive dreams are over

. Till those days come around again , here’s what happens next for technology companies championing clean energy solutions.Article contentThe era of assuming that the corporate budget is continually funded out of investors’ pockets is over. There are still some out there who deny this, but I give them no more than another quarterly board meeting before the new fiscal reality sets in.All that money raised over the past couple of years will have to last a lot longer than expected.

There is nothing like a dearth of capital to sharpen an accountant’s pencil.In a capital-constrained world, weak companies with marginal projects get taken out of the system. It’s survival of the fittest for management. CEOs who know how to clean up after the storm will survive, while fair-weather leaders may face extinction.Article contentCompanies of like technologies start merging to reduce costs, gain manufacturing efficiencies and achieve the corporate mass needed to scale up faster.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

PTertzakian wins best line of the day. ‘The bio-waste has hit the wind turbine.’

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 11 TSX dividend growth stocks appear undervaluedWe are looking for undervalued Canadian stocks growing their dividends
Source: globeandmail - 🏆 5. / 92 Read more »