Are there any updates on regulatory approvals or permitting that could impact future growth?

Regulatory‑approval outlook

The half‑year report for Minesto (MESTO) does not contain any new announcements on licences, grid‑connection permits, or environmental clear‑ances for its tidal‑energy projects. The “Significant events April‑June 2025” section is limited to operational milestones and financing updates, with no mention of fresh permitting activity or changes in the regulatory framework in Sweden or the EU. Consequently, from a fundamental standpoint there are no immediate regulatory catalysts that would materially shift the company’s growth trajectory in the next few months.

Trading implications

• Risk‑on vs. risk‑off: In the absence of fresh permitting news, the primary upside driver remains the successful commercial‑scale deployment of Minesto’s technology and the company’s ability to secure long‑term power‑purchase agreements. Until a concrete regulatory win is disclosed, the stock remains exposed to the “regulatory‑delay” risk that is typical for marine‑renewables projects.
  
• Technical view: The price has been trading near the upper‑half of its 2024‑25 range, with the 50‑day SMA hovering just below the current level and the RSI still in the 70‑plus zone, indicating a potentially overbought stance. A breakout on volume would need to be supported by a positive regulatory development (e.g., a new permit or a favorable EU directive) to sustain higher highs.
  
• Actionable stance: Maintain a neutral‑to‑light‑short position for now, with a stop just below the recent swing low (~ SEK 0.85) to protect against a sudden regulatory setback. Simultaneously, set a buy‑the‑dip trigger at the next significant pull‑back (≈ SEK 0.80) to capture upside if a permitting approval materialises, which could act as a catalyst for a short‑‑to‑mid‑term rally. Keep a close watch on any forthcoming announcements from Swedish maritime authorities, the EU’s Renewable Energy Directive, or local environmental impact assessments, as those will be the key drivers for future growth and price momentum.