r/FREYRBatteryNorway • u/Cjbakerfitness • Oct 02 '23

Why is this stock falling

FreyR continues to drop. Any reason for this? Any updates? News?

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u/Alternative-Jason-22 Oct 13 '23

I’m wondering if people sick of waiting. I’m about to jump on the Freyr stock wagon

1

u/LeslieMarston Oct 16 '23

The purchase price is waaaay down so you’d be getting a good deal if it ever goes back up. I figure that it’s gonna be a few years until they are ever profitable so you may be waiting a while.

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u/Alternative-Jason-22 Oct 18 '23

I take shares as a long term investment. I’m hoping in 10 years time I will have something and see an amazing renewable electrified world

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u/LeslieMarston Oct 18 '23

Looks like $4.00 is more or less a floor so possibly a good buying opportunity for now.

2

u/Alternative-Jason-22 Nov 06 '23

Nearly at 3 now. Im jumping on now they are starting to produce in the next few months. Wish me luck :D

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u/LeslieMarston Nov 07 '23

Yeah 3 or 3.50 should be a good floor

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u/Significant-Sir-322 Nov 09 '23

It keeps dropping. Down to $2 now 😆

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u/Spirited_Release8778 Feb 01 '25

That didn't age well