One of the huge British conglomerates, Rolls-Royce has been declining in LSE since 2019. In the OTC market, it arrived not long ago after taking a serious hit in the 2020 lockdown which created stagnation in orders from airplane manufacturers.
Today OTC: RLLCF increased 18.06% to $0.0085 after four months’ losses. As the aerospace field has slowly emerged to demand new engines from Rolls Royce. However, the rise in revenue has not affected the stock positively.
If big news pops up regarding huge orders from airlines the stock may jump by 100x or even 1000x to $1, $10, or $100. So watching RLLCF could lead us to new fortunes.