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52 week low coming?! Amazing few weeks.
Happy Monday from all at AEG.
Yes HK you are right . For somebody selling every day in million units it has to be a big shareholder. If it is Spinks based on his last announcement he would have had to sell a minimum of 20m to go below a 3% declared shareholding , and based on the AEG website he would then have about 30m left .The irony for the seller is when a large stake is finally liquidated through the market in a small AIM Company the price usually then goes up , as the overhang is cleared.
Of course license deals would be nice but they do take time, therefore my bet for the next announcement is an order for C/S.
Sadly, someone keeps selling around a million. Interesting to see when the next update comes from AEG. We will need some license deals ASAP if we want to look at sensibly funding the 50/t plant. Be nice if we had something positive before 2021 no matter how small.
I last bought around .9p (on the recent rise). Yes, I actually thought we had good news coming and would get above 1p.
I should have known that an AEG rise is followed by a heavily discounted placement with the promise of more to come. Yes, that what our leader is all about. People are selling due to continued delays and no profit for years. Anyway, after 5+ years of stupidly holding I'm allowed to state some honest opinions. GLA.
See the buys thats Hk.
HK have a nice cup of tea. You talk this up and down like a tarts knickers.
People are selling, it’s bad news regardless. This is almost back at 52 week low. MR is in charge not someone selling 1 million at a time. The fact Spinks has sold millions is very bad news. We’re all holding on desperate for some positive direction but it never arrives without some additional bad news.
We can keep dreaming of those 1p days but dilution and debt is the enemy here.
One wonders who is selling ? If you want to do maximum damage to a share price and your total return you keep selling every day for weeks in small units of a 1m , like this morning . A sophisticated investor places all the shares in one go .
Do AEG agree on that figure?
Be interesting to see what the next placing is at. You never know with AEG.
Dear Fordam — it is helpful to know the rules , if a shareholder informs the Company I /we now own less than 3% of the current share capital etc , that is all the company can announce .
Look at other companies announcements it is always the same ( not we still own 1% or 2.5% etc )
Allenby predict 8 million lumber revenue 2021 currently at 63% profit
Is he paying your wages? I wonder if the Allenby numbers factor in that our Board and listing costs need to have more than £5m of lumber turnover to make any real profit. Are we two years late in just moving an alleged production reactor destroying investors all the way? It has been this boards job long enough for them to have produced some coalswitch.
Spinks has gone so that excuse is no longer there.
RMDE income 18-24 months away (unsure how realistic this is). It will be interesting to see what the next 12 months brings everyone but revenue here and hopefully soon be enough to pay the bills.
In my opinion a word perfect presentation by MR at the AGM this afternoon . The future sounds exciting .
Spinks not attending. Not a fan of MR that is for sure.
I cant see spinks and rowan in the same building never mind the same room, he will never ever get the knives out if his back!
Well being a major shareholder in a company that your company is doing business with may be considered a conflict of interest.
Maybe he has been advised to reduce his position because of impending agreements?
He did sell millions under 1p, let's be honest Seattle it is not great news. However, RMDE looking strong so hopefully pulls AEG along.
I don’t think RS selling was a reflection on AEG’s future . People can sell for many reasons , eg tax , debt , divorce etc etc .
Still waiting about tomorrow and this all seems rather strange. Mr Spinks was sending out many positive messages/tweets and chats only recently.
Assuming the recent dilutions have reduced his % to under 3% but hopefully he has not sold any
I am reviewing my position in AEG but certainly not buying anymore until they start to produce coalswitch - another delay with starting production which is extremely frustrating but understandable on this occasion - will review at each RNS but I guess will need the CLNs to start converting to reduce the debt exposure, which means the share price needs to be over 1p!!!
Good luck all
Strange after the link up with RMDE and he also appointed the current leadership.