Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Nice to see a bit of positive news off the back of the options. I know what people are saying about directors not investing their own funds but putting yourself in their shoes why would you if you can do it via a cheaper route?
They may be confident that it will not effect shareholder confidence in the long run because their is a big pipeline of positive news flow.
Nice to see we are still working alongside top 10 pharmas.
Also I have a feeling the US department of defence might not be short of spare cash So hopefully we can take this partnership further!
Good point shear. Bunch of opportunistic wide boys if you ask me.
It's the 1p exercise price I have a real issue with, why not the current share price?
Looking at those holdings of the directors it appears they have virtually no skin in the game and keep on granting themselves options etc etc. Not a good sign of belief and faith in my book........
Lor-9: Can you confirm your statement about pre-emption rights still being in place????
According to the RNS on Resolutions it states that resolution 7 "disapplication of pre-emption rights" passed. My interpretation of "disapplication" is that they rights have been revoked???
Or am I misunderstanding that?
Anyone go?
Success for us littleuns at the AGM meaning we get to keep pre emption rights. No more cushy deals for institutions and mates rates for high net worth friends of the brokers with discounted placings. What a brilliant day!!!!
Something brewing today by looks of it. Big new somcong before the agm?
One may wonder but if they looked at the numbers they would wonder no longer ...... growing profitability , net cash, growing revenue and stable R&D spend.
Revenue R&D New Orders Order Backlog
2017 6.73 m 1.13m
2018 6.13m 1.41m
2019 5.00m 1.75m 4.90m 5.70m
2020 6.70m 1.45m 12.7m 11.2m
2021 10.10m 1.70m 15.7m 17.00m
Research and development is part of their product
One has to ask oneself, is COG an R & D company , or a business ?
Yeah I wasn’t saying that as gospel I just wondered what daltry meant. Anyhow got to be due an rns soon the drop backs in between are halting progress in the share price as we always have to break down the previous barriers. Hopefully a sustained rise above 170s before long.
they moved away from reporting like that several years ago...
Is it because they report new revenue for a year even if the contract may spread the payment over a longer term? I’m genuinely interested in your previous comment
Daltry has withdrawn his comments. DYOR.
I too would be interested to hear daltry explain his “creative accounting “ comment.
I certainly don’t get how he links a CFO resigning in January 2021 with an SP fall off the back of results in April 2022.
After the sudden rise from 120p to 180p, a pullback was inevitable and although I’m no chartist, I was fully expecting a drop to 150p before resuming upward momentum.
The SP was less than 120p when Panmure were appointed a new joint broker and Nomad only 3 weeks ago. With the S.Times then tipping them days later and the SP now circa 50% higher, I suspect a broker note/rating has already been issued.
I also note that the post from Beekeeper, in which he suggested the new broker appointment was bad news, hasn’t aged well!!
Well this will no doubt rerate much higher from here, I anticipate broker rerate will propel this above £2
Would be interested to hear what you meant by that daltry all knowledge is wealth and all that
Sounds a bit libellous imo.
we need a new broker rating
last one was 2017 !!!!!
Can you elaborate?
Perhaps one should enquire as to why the last CFO left the company? Not happy with the 'creative' accounting required ?
Bit strange the share price weakness yesterday. Great company doing great things - happy investor here. Keep up the good work guys!