Quite a find, @bozz! The energy sector is the new tech sector! And you are getting in at the ground floor.

The technology appears to be world leading. The Chinese as well as the French tend to focus on the big scale plants leaving the field open for SMR.

In terms of valuation, the issue price appears quite high. Good for the SPAC sponsor. Less so for the investing public.

Paying more than 20 times 2024 EBITDA appears steep. And in my experience, the initial forecasts made at the time of listing are less than reliable. They paint a rosy picture to ensure the institutional investors buy in and support the whole listing.

Maybe it is best to wait until the they have released some "real earnings" numbers and the lock-up period for the sponsors has expired before adding more.

Posted Using LeoFinance ^Beta