Itochu Corporation - Freyr ?
https://www.itochu.co.jp/en/about/partner/index.html
Among the things I don't understand in the whole Eguana scene is "Itochu"
The company is huge and is significantly invested in EGT.
So.. That's Great, Right?
Ya.. but.. where is their contribution to market penetration in Asia? Anywhere?
Are they using Eguana products in their energy-related operations?
Surely there should be installations in Japan and similar markets.
I
And what about Freyr
https://www.freyrbattery.com/
Is there any continuing relationship with them?
It's a much newer company and appears to have developed strong investor value while EGT dies.
Is Itochu possibly waiting for the right moment to simply "absorb" Eguana into one of its divisions?
Too little explanation for the terrible performance.
Mr. Holland:
What is going on?
Eguana's investment market performance makes zero sense to ordinary shareholders.