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This company was an R&D company when it floated with overly optimistic views about how long it would take to deliver.
The share price was destroyed over many years burdened by coming to the market to early.
DP who looks like a sharp chap seems to have taken over at the behest of the largest holder but he wouldn’t have done so if this stock wasn’t ready to deliver.
Fingers crossed and hopefully DP wants to take £50m personally off the table on EQT? That would be 25p a share! But maybe not in 2020?
But his options only run to 31st March 2023 so don’t be surprised if he is in a hurry.
davidblack, yes any churn of shares is good, you need a buyer for every seller but I would rather have a SP that builds on news rather than the sell on news brigade! I am here for the long run only if the company can keep producing the deals and deliver on what is a critical time for the `green` stocks IMO. The concept is fantastic but the company must still sell the product, like everything if it is that good then it will sell globally and we will all be very happy in the years to come down the line, and I will still be around to enjoy the companies success. However history speaks for itself with this company, lets just hope David Palumbo can deliver this company now for the potential it has.
Tuckman it’s actually good that these sells are coming through now ahead of any Greek news.
Just think what it might do if the market is nice and tight?
Then chip in a little progress on Billingham and we might see 1.25p-1.5p. Or am I dreaming?
Well, looks like 14.5m shares sold in chunks from 1516 to 1540, that is where the drop happened. Although I am bullish and invested here I am a little disappointed at the lack of a Greek update, 1 full week into July and no update (even a delay if needed). They are very tweet happy but an RNS update I believe should be soon. I am not going anywhere at all but if no update in the next few weeks or a further delay to the Billingham MOU I may de-risk a little and wait until RNS confirmation before coming in here a lot stronger.
Again promotion of the company is fine but keeping shareholders in the loop is better!
Oh dear spoke to soon, that was a whacking bid dropped from 0.72p to 0.66p in the time it took to make tea!
Well the recycling business is in good shape!
How does this black flag look today?
Ticking up nicely due to a quadruple bye bye birdie candlestick. Looks poised to pop with impending Greece news. Good luck folks great company this one - mcap still very low.
Not sure about your Golden Teapot, I think that’s a bit advanced for most here.
As to the actual price movement it looks like it bounced of that 38% retrace on the movement from 0.2p to 0.88p nicely.
And now set to move up once the volume returns?
Don't forget the Golden Cross and the Inverted Teacup. What a load of hocum.
Got a little excited there
Its a textbook bullish flag / pennant chart formation superbarnet.
Following the huge rise from the lows its standard market behaviour
I would hope that the second leg rise starts to commence soon
If you analyse the data, there was plenty of good news recently with no change.
The set up just needs to finalise before the next leg up hopefully!
Volume very low so a bit of news is really going to move this one.
In fact on the volume since the end of the two big sellers the volume has been coming down for weeks as the hot money left quickly behind.
So a period of further consolidation or an explosive move? Over to you Mr Palumbo.
90% sells today and this looks unloved just at present. Hope for news soon as that is what drives this share.
Perfect forming of a Bullish flag chart pattern. Next phase should be a breakout higher.
https://www.investopedia.com/stock-analysis/cotd/answ20090105.aspx