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Can't get burnt when you don't buy P&D spikes. I was just enquiring how Oil_beast has assessed fair value, given the company has no assets and the SP is at multiples of cash in bank. Anyway, looks like the crew are now dumping to bank their gains. Good days work!
You're in the wrong place Bob sounding like a burnt trader...Mentally affected by Lockdown ?
What is your FV based upon? The company has no assets and a few hundred grand in the bank. I guess it depends what value is ascribed to a rainbow.
Guys, this is a pump and dump, be careful.
Green energy is indeed a growth area, but margins are actually really tight on most projects at the moment - I work in the sector. Developers can make good returns by developing and commissioning projects which funds will then buy (but of course many projects come to nothing) - there is a real fight for renewable assets at the moment and yields are being compressed to not very exciting levels.
So high risk/reward for developers, and low risk/reward for funds.
I see this being pumped on twitter today. I am not at all tempted to chase the rainbow.
Charles Tatnall
CHAIRMAN
Charles is primarily involved in advising and raising funds for small and medium sized enterprises with varying business activities ranging from advising investment and family wealth companies to reviewing investments and business opportunities together with the management of personal investments.
Charles was a co-founder and principal of BioProgress Technology International, Inc. which was quoted on the NASDAQ and later migrated to AIM. His experience will help the Board in reviewing potential acquisitions.
Charles is currently Executive Chairman of Plutus PowerGen PLC, an AIM listed company in the flexible power generation sector, focusing on delivering 200MW of capacity by the end of 2017. It currently has a strong project pipeline of potential development sites with 700MW of power generation capacity.
https://www.fandangoholdingsplc.com/board
Worth a serious PUNT.
Could Go into GREEN ENERGY!!!!
1000% moving will come!!!