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What IES has going for it is being arguably the best placed non lithium battery manufacturer outside of China - when you realise just how much business there is to go after over the next 3-5 years you begin to see why now would be the ideal time to partner up with IES and why they shouldn’t be demanding a discount to do so.
I see the buying this morning is not moving the SP either, if this volume were sells, based on recent history, the SP would have crashed by 10% to 15% - so why not the opposite!
I am hopeful that a large dilution will be avoided and IES will negotiate a mixture of debt in, addition to raise some funds via a possible CLN offer (with hopefully a much higher SP if converted)
Didn't the last Share tip from The Times mention that IES would have debt on the books in 2025?
I know this is very frustrating, but I remain hopeful that whatever they are working on is pretty big for us SH's. The bigger the deal/s, sometimes the longer it takes.
Lets see how this one plays out...
The main benefit here is that there is no existing debt to restructure or take into account.
Think you are right HarChris. Also note an apparent line drawn over the SP since this morning despite biggest buying spree for some time.
I think they had to after giving the four to six week timeframe and the cash runway closing in on them - without this rns I'm sure the share price would have capitulated over the coming weeks which might have changed the strike price of these forthcoming deals
Why the RNS wouldn’t you just wait until the strategic partner is all agreed as it’s only a few weeks away! Then promote the hell out of it, sounds a bit like they are trying to drum up some support, hope I’m wrong…..
Whilst I intend to invest substantially more in IES, I’ve been invested here since 2016 (previously RedT) and I’m hanging tight until I get clarification and visibility on how any new strategic partnerships will impact current shareholders. Got £22k invested in IES thiugh currently well down on that but I intend to purchase at least another £10k of shares once the news we’re waiting for lands. I said before that hopefully IES can become the ‘ARM’ of the energy storage world with a licensing model and that looks like how it’s shaping up 😁 GLA
The game changer will be if other companies are making their batteries and paying a royalty then that provides a revenue stream for the company for no effort whatsoever from them. Straight to the bottom line. And the more batteries which are installed world wide, the more this will encourage sales. This will allow them to fund research, stay ahead of the competition and continue to develop new and better batteries. It's looking good, just need the the company to fill in the blanks!
I topped up this morning .. I’m very excited about the investment that’s now extremely likely to happen here soon .. the share price collapse is way over done versus this upcoming very positive outcome imho
Didn't see that fall coming!
Really tough to say but the share price was about 45p when this whole drawn out protracted process started. Seeing as IES are nearing cash flow positive as Mistral gets off the ground later this year it's likely we see some debt in the mix for the first time so debt, equity and warrants is my guess (will be happy as long as warrants are multiples of current price).
Not quite there yet but looks like on track to announce 1 or multiple strategic partners including a Biggy very soon 😁 Historically and in their opinion, can anyone suggest what shape the investment from strategic partners (and subsequent dilution to existing investors?) will look like?
That’s how I read it HarChris. Siemens for the tier one do you reckon? Doubt they’d let it slip through the pie hands after three years of co-development.
Some of the wording is certainly a bit odd but in general it’s put out to say ‘yes we’ve passed our own 4-6 week timeline but it’s coming and it’s worth the wait’
Indeed, surely that's inside information & at the very least shares should be suspended until the investment is concluded. The main reason for a suspension should be that the 'tier 1' investor will know exactly what they will pay per share & any rise in share price off the back of today's RNS is therefore a false market...
Hmm, very much a teaser, and a ‘please be patient’ RNS.
This bit had me laughing though…
‘The Directors believe that this proposed investment has stimulated further interest from other high quality strategic partners who have all indicated their willingness to proceed with an investment…’
Is there a group WhatsApp for this sort of thing? Or does the old boys’ network live and breathe?! It seems like everyone in industry knows about this, but not the poor retail investor. Ah well, nothing changes. Continue to trust the company and wait a few weeks.
Disappointed no RNS release this week re strategic partners update but hope something is released next week as this is worse then watching paint dry!!!!!!! Just want a ‘blow it out of the water’ RNS so I can go all in on IES and we really see that pivot in the company’s position that we’re all waiting for. Been here 8 years so I guess I’ll just have to sit on my hands for another week or two but come on IES!!!!! GLA
I assume the timelines were given because they had to, after all they’ve been working this financing from at least September of last year and the cash runway is narrowing.
Fingers crossed there’s no hiccups and it lands this week.
Hopefully so Serge_Farrar... you do wonder why they'd be so specific with a timeframe - why not give yourself a broader timeframe to avoid missing a two week window?
But it's largely academic. As you say, no news is good news, it doesn't take much for the sp to drift down, but equally so, good news works to the upside as well. Hopefully we'll hear something soon.
I personally think no news is good news.. it is hopefully suggestive that a deal is close within the 'approximate' timeframes.
If there was any material change to those approximate timeframes then they would need to notify the market.
Looks like one or two traders are trying to force the SP down in anticipation of the next RNS. Doesn’t take a lot to achieve that on AIM. It would therefore be helpful for IES to put out a teaser before we get too low!
Today is 6 weeks to the day that the last RNS suggested a further Strategic Partners update would be concluded but granted it was an estimated 4-6 weeks for this process to be concluded so I’m hopeful we get a big announcement this week and continued strong positivity RNS’s throughout the year - particularly gearing up to the commercial launch of Mistral.
Spanish Power is almost FREE due to record renewables set by the country with wind and solar so IES tech is a near guaranteed must for anywhere in the world with plenty of sun and wind for sustainable and efficient clean energy storage and longevity. Been invested since 2016 (and I’m not known for patience!!!) but really believe this is the year that IES will transform and the wider market will realise what it has to offer and just how important it will be in the clean energy transition globally. GLA
IES are the flow battery supplier for this project.
Anyone know about this:
https://en.portnews.ru/news/print/361270/
Very quiet on here for a bit, share price is flat over the month as well, very little trading going on. And we are now five weeks into the 4-6 weeks period during which further strategic agreements were to be expected we were told. I’m not going to hold them to such a timetable, though they imposed it themselves, but the more time passes, the more we can expect further strategic partnerships and the upcoming commercial launch of mistral. Hold Fast IES share holders!
I believe you can prevent your shares being loaned out by setting a limit order.