VNP was recently trading at $5.47 (Cdn.) down a dime. The company went public in December 2007 at $3.00. First Solar is down for the third straight day (downgrades Monday and Tues.) at $131.87 -$9.23.
From PV Tech:
5N Plus, Inc., a major supplier of high purity cadmium telluride (CdTe) to First Solar, Inc., has reported record quarterly revenue of $18.1 million on the back of strong demand in the photovoltaics market and increases in prices. In markets other than PV, 5N Plus saw sales flat to slightly down. The materials specialist also benefited from the ramp of its new refining facility in Germany, which delivered a full quarter of revenue for the company....
...The company said that it was considering future plans to increase capacity and R&D efforts, indicating that it expects demand to remain strong, despite the current economic conditions and concern over the growth projections of the PV industry in 2009....MORE
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