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Negative. Not like that. Compare it to a stock like AFC Energy.
SAE is simply a dead stock at the moment.
The spread is normal for a small cap company. That's the case for most of them.
Other stock exchanges: Stutgart, Frankfurt, Gettex
Is the none too insignificant debt that acted like a noose around its neck. Once this debt becomes better manageable, the stock should re-rate and hence, reward investors. Fingers crossed it's just a matter of time.
Tidal
You write
"You literally have situations like €0.005/€0.015 [ask/bid] which, imo, really says a lot. "
Where do those numbers come from? The current spread is 1.0 /0.9 ask / bid here and in practice when trading the spread is often less...
Flurry of very small trades this morning; 70 trades averaging less than £100.
We got a cash injection last week of 5 million and our market capitalization is still under 7 million and we expect to get a further 4.8 million within a year
There also seems to be more interest in tidal power too
Appears to be good value here
I can't shake of the thought that the stock itself is basically in a come.
How else can you explain such a spread? I've said it in the past and I still believe that there's just plenty of retail investors who never sold their shares and who are still sitting it out as well as some day-traders who, occasionally, manage to ramp up the stock a few pence on some minor news. Just enough to pat themselves on their back for having forseen a self-fulfilling prophesy.
Not that this fact changes anything.
All I want to highlight is that I believe that the day this spread disappears from exchanges other than the London stock exchange it'll only mean two things: SAE went somehow off the market or finally got a much higher valuation based on their fundamentals.
But as is stands today, the stock is not tradeable anywhere except the london stock exchange. You literally have situations like €0.005/€0.015 [ask/bid] which, imo, really says a lot.
But let's see. Speaking of fundamentals, SAE should be able to pay off almost all their debt thanks to Uskmouth. As such, their current market cap is perhaps really an under-valueation?
Great podcast; thanks for posting.
Thanks OT, very interesting!
Do I hear complaints about spread?
https://www.boerse-stuttgart.de/en/products/equities/stuttgart/a1xezf-simec-atlantis-energydi
Thanks for posting!
Great BBC podcast released today on Tidal energy starts with Meygen and Fraser Johnson of SAE well worth a listen
https://www.bbc.co.uk/sounds/play/w3ct4n0l
I've been here for some time now. Averaged down a little but didn't want to put to much equity in to this. This rns has to be the best news yet. A re-rate may be due here. I am now in the market to add more and an hoping the SP stays low. The critical infrastructure is now obviously up and running. Any cost to adding to the BESS has been mitigated. The rail line is up and running and now we are in repeat and rinse mode. Still a lot of work to be done but it's now become a while lot easier to attract further investment now the infrastructure is in place. I've seen good rns before with very little action on the sp for some reason our other, however this one does fill me with confidence. This company has come a long way since the planning rejection for the power station. We still have a debt issue but we also now have a brighter way out of it. I'm expecting the sp won't move much but this time I'm glad if it. That's my take.
Agree.
Will settle back to about 1p by end of play.
Then we go again.
Wow here we go...
The rampers are defo on board.
@critical minerals...
Your take and SP bull is laughable.
Obs you ain't been here like the rest of us poor souls...
@bill
They still have a long way to go and owe long term investors and the persons that sanction the abundance...
Cfd... Next all being well.
Please explain what you mean by re-rate cos I think you are bulling something with the necessary research?
I would like to agree but we need to see where this settles today and then over coming weeks...
I bought in on the IPO @ 70p (or thereabouts) - went higher than that before it all went south...
I think the spread is a 'tad' high!
I certainly hope so
Should have already been priced in. Some people have such short memories
Hasn’t this previously traded at nearly 40.00?
Great update - will re rate considerably from here
We should see a year high soon and a relatively slow but steady growth from there on in.