What's the point of releasing news that states we are making progress towards contracts, that's what we always get? Either we have them or we don't - negotiations can break down in the final hours. We clearly do not have signed contracts hence no RNS. NDAs can often provide BODs with a convenient means of not having to provide information that would disappoint. That way the shareholders can create a positive or negative story around the silence that is in accord with their personality type. It is all conjecture. If the case for your investing has not changed, why worry. If your case has changed I would like to hear a better argument than "there has been no news" The world's markets are going through a significant adjustment just now due to the Chinese economy and currency devaluation, so expect most of your shares to lose value.
I agree with David I don't think the BOD will be taking too much notice of S/P and ratehr they will be concentrating on progressing the projects/contracts. As for the drop in S/P today just take a look at the markets its all a sea of red across the board pretty much.
Reassuring point. I'm not into financials compared to some, so I wonder what is the effect of the MCap on the company, it's not as though it's money that the company have access to, as in they could not actually use it. As you say it only comes into play in cases of a placement or takeover.
Very good point and one that I'm sure confuses most of us. It's not as though MSAR & MSAR2 are secrets, we know Maersk / AkzoNobel are partners in its R&D, Aramco is a potential client , what we don't know is the names of potential GOM's.
Maersk was quite open with regards to QFI and MSAR2 in their bankers day report of 2013, but since then, nothing I'm aware of actually naming QFI or mentioning MSAR2 has come to print from them.
You would think that companies supporting greener fuels and better technology would want to have their names firmly stamped on it . As for getting the first shout on MSAR2 pending success, I don't really buy that, Maersk have got first shout on any amounts they want.
5% drop this morning, not good, let's hope this drop in SP could be the catalyst for the BoD to say to their clients and partners were releasing news regardless of your NDA's........... But that's not going to happen is it.
Providing the BoD are happy with the progress of the business, then they can ignore the gyrations of the share price. The share price only matters if they wish to raise more capital with a placing - or a take-over !! The share price will follow the value of the business when the market can see that value.
I would have thought that the BOD must be getting concerned with the fall of the SP, I know that they have indicated they cannot provide a update due to contract rules etc however the other partners in QFI including Maersk must see what is happening and lots of punters are loosing interest and if the share price collapses we have no QFI
Morning DPE, good post, one thing puzzles me-amonst others-and that is why in these troubled times, would it suit Maersk to withold news? They are not impervious to falling fortunes, as has been displayed in the news. It shoulkd suit them to revive their flagging fortunes, so why ?
Thanks for informative replies.Much appreciated. I shall stay with it whatever,mainly because as Dpe said they are a very experienced Bod with a great piece of technology and also with an average of around 30p i dont really have much choice. A good week to All.xx
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