Shares in IPL Plastics, formerly known as One51, have fallen to new lows this week and closed at C$10.13 (€6.73) on Tuesday. Shares are now down 25% since the company floated on the Toronto stock exchange in June.

This values an original old One51 share at €1.35. When IPL floated in June, shares were priced at the bottom end of its previously indicated range of $13.50-$16 per share.