The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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https://www.hydrodec.com/investors/regulatory-news
Not showing up on here yet
Just re-reading yesterday's announcement ... no mention of Dinwoodie's confirmation as CEO ... Did I miss something? Anyone know anything?
Tend to agree, nastid. I was part of the 42% and hope that I don't regret my decision. Pleased to see Colin M buying, disappointed that David Dinwoodie hasn't followed suit. A great deal rests with his ability to turn it around. Be nice if he demonstrated some personal financial commitment.
I disagree, based on current market conditions, and the impact on LTHs, 42% is reasonably good. As I mentioned, if you are a new investor, apart from the time just before the fire, this seems the best period to be in. The supply chain improvements in the US look real. Divesting the AUS business, will reduce the administrative cost base. Healthier balance sheet, at the very least, securing (with sensible capex spend) the medium term future. The possible slicker collaboration, sounds good but I will discount that until details are fleshed out. Also, apart from some form of licensing/IP development, any project to build infrastructure, will need more funds than existing levels.
Market, not maret.
I don't think it's too bad in current maret conditions. And the fact we are below offer price. Just got another 500 quids worth myself.
Well that did not go to plan, only 42%.
Lots buys yesterday no sp movement .
No buys or sells today yet it drops again. I don’t understand ......
High probability for a dividend paying sustainable company to become investment candidate for many green/ethical focused investment funds....(that is if they can deliver their promise of dividend next year) These AIM companies over promise, and underdeliver......lets see..
Was too early at 2.30s....but seems a good entry now to top-up. Revenue from carbon credits could turn up to be the booster for post consolidation EPS growth.
Well on my open offer it states,as there will be fewer shares in circulation after the consolidation the price can increase significantly, yeah and pigs might fly, not having a good week this week on these lovely offers still hold a few cake shares as well, think I will leave the offer alone and wait for this nice rise Halifax have promised me, strange how yesterday appox 13million buys no movement ,today 4 million sells down we go.
Who is surely going to take up the open offer when the share price is lower than the offer price. Does this mean it may fail?
Still lots of sells why again sp drop more bloody things
Buys showing as sells though today....mine is one of them
Sells today
Coming in now and some a bit chunky compared to recent ones
And I am one of the unfortunate LTHs. I have bought over last 2 days to average down as I still think that this has great potential but disappointed that the tone of previous RNS info did not reflect true version of why there was a feedstock problem. The Slicker thing seems to be something they needed to do in order to placate our major shareholder. Short term is all about HoNA and this is where the focus needs to be. The list of new IIs is encouraging.
Agreed nastid - longterm holders have paid heavily for the privilege of being early investors. Can't help wondering why it has taken so long for the BoD to recognise that a). the Australian operation was not worth further investment ... and b). that the feedstock issue would be eased by greater cashflow. I'd have hoped that an alert BoD would have spotted these things much sooner. Plus I don't understand how cooperation with (UK based) Slicker helps with the stated focus on HoNA ... longer term, yes, there may well be synergies ... But let's get HoNA really showing that it can be stand-alone profitable, boost the SP via demonstrable results (not just EBITDA doodah), and then look at joint R&D with Slicker for the european sector ... If the BoD are serious about paying a dividend within 15 months, then the focus on executing the HoNA strategy must not be sidelined to help build a european centric relationship with Slicker ... unless of course Slicker plans a major move into NA ... at which point, synergy & cooperation become much more compelling in the near-term. There's a lot riding on our new (prospective) CEO and his ability to haul HYR around - hopefully he can succeed where his predecessors failed. GLA
So the good Lord was excited about the news that lay ahead for shareholders, shafting us for 45% drop,,in share price whilst having already lined up all these companies with a nice discount, this stinks and seems somewhat misleading,I think within 2 years Mr black will take this for £1 as part of his slicker group,the name says it all .
Yeah, it’s a good moment for new investors but unfortunately, it exacts a high cost to current holders. Transformed balance sheet, reduction in debt financing... 8-10% removed on the converted debt, should have an immediate material impact. Need more details on Slicker colab... what, in future revenue terms, does the different path of the colab mean. There is the feedstock side and the IP research, with I imagine the EU credits as a long term aspiration.
circular is out - shows the new 3%+ holders after the placing - some good names taking big stakes (Axa, Miton, Gresham House, Killik) in a tiny mkt cap company so they must see something in this, albeit they got in at a low price - i expect there are other decent names sub 3% too as the RNS said it was all institutions - existing holders can get in at same price in the open offer and reduce dilution effect
Finances was always the issue with HYR not producing enough to become profitable.
Looks a good deal for Andrew Black though. He gets some of his loan back and secures a contract for his Slickers which he paid £1 to HYR for.
Further to the announcement made earlier today, Hydrodec Group plc (AIM:HYR), the cleantech industrial oil re-refining group, is pleased to announce it has completed a conditional Placing. The Placing of 13,333,334 New Ordinary Shares will raise GBP10.0 million (before expenses) with institutional investors at an issue price of 75 pence per share ("the Issue Price"), following a proposed 100 for 1 share consolidation ("Consolidation").
I think SOU is the only one I can think of that consolidated 10:1 when there was 5bn shares @ 1p......so became 500m @ 10p...…… went all the way to 99p...….. doubled shares in circ to a 1bn and currently sits about 40p..... but was lucky with an oil strike in Morocco….otherwise it would probably still be a penny stock.....B