Posted by: notsomuchatreehugger | 28 July 2009

We’re hitting them where it hurts.

According to GreenWire,

“The share price of renewable energy company Vestas has fallen on the eve of a court appearance to gain the legal right to evict sit-in protesters at its Isle of Wight factory.

“After a short-lived rally over the weekend, the value of the company’s shares has dipped again this afternoon despite news of lucrative contract wins.

“Trading on Nasdaq’s Scandinavian OMX exchange, the Vestas share price slumped from an opening high of 392 yesterday to today’s mid-afternoon low of 375.

“Lawyers for Vestas will tomorrow petition a judge at Newport County Court to seek the legal authority to remove the protesters.

“Following the sit-in last week, the company’s stock market value slipped to a recent low of 364. This time last year the share price for the company was 619.”


Responses

  1. What did the management at Vestas expect?
    This is what this global company deserves?

    Power to the workers !


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: