Kjell Inge Røkke’s new green stock baby, Aker Clean Hydrogen, debuted on the stock exchange on Thursday and it was a particularly difficult start for shareholders. The share was by far the most traded and fell 15.5 percent from the opening price on the first trading day.
There was also no stock market upturn for the hydrogen company on Friday, and the share fell another 0.13 percent.
The weak start is in stark contrast to the listing of Aker Horizons a month and a half ago. Then the investors got a return of 20 percent in one day.
– I smile at it and just think it’s funny, but then people go for everything, Trygve Hegnar said in Friday’s TV broadcast.
He believes that those who have subscribed for shares have reason to be angry, or feel a little stupid, because you can not just put hydrogen in a company name and believe that the company will make a lot of money. Røkke has done this at several companies recently, according to Hegnar.
– Røkke is like 10 or 20 billion richer just on paper spills around, he says.
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