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Is this not a sell?
Apologies Tricky. hahaha
2-May-24 12:29:27 0.918 2,175,792 Buy* 0.85 0.95 19.97k
oh err ya beat me to it bill
2m buy just went through!
Now Enet give us the news we have been awaiting for ,,, now you have Granted yourself cheap stock for the future ..
Red Dot contracts and who with please ?
Regards Enet team Castle
Wrong said Fred, am not to sexy for this share.
They want to keep there Exellent staff and 1.5p is chicken feed price !! With a vested period of three years ,, staff have to be there 3 years from vested date to benerfit , so work had for 3 years and you will be richly rewarded..
Exellent way of keeping staff from head hunting and taking potential customers away...
Castle
The process of turning a vested option grant into shares is called exercising. An option grant gives you the right to buy shares at a specific price; in purchasing the shares, you are exercising that right.
Fairly low today by the looks of things.
Odds of having any more chunky purchases this morning........... ?
Seems to have gone quiet.
Well said Fred.
What sh#t are you talking. The directors have received options to buy shares, they haven't bought and go read the original announcement. These vest over a number of years which means they cannot all be bought at once. F%*k, the posters on this board are financially illiterate and ignorant idiots.
You all critisize SKID, but he is the only person on this board with knowledge, financial acumen and who understand markets.
Hitting 1.0 by close of play?
Correct closing period only stops directors buying or selling shares
Investdonk.
A closed period doesnt prevent any news being issued, it fact this must actively be released.
It just stops Directors etc trading on better / worse results than market expectations, they still cannot trade on inside information
Castle.
Just so, so much misunderstanding here.
- gross cash irrelevant, look at net
- no the options are not bought at 1.5p so no cash inflow to ENET, they are FOC
- when I said there are no price targets for ENET and what you are looking at a 100% pile of rubbish why continue to believe and repeat it
They did yesterday in afternoon, think they want to try hold and see if they can get shares on the cheap,
Will they move the bid up to 0.95p as that would be a nice signal.
They published 2023 year ending accounts on thec19th April with 2 million quid in the bank ,, closed period has gone ,, the directors know and they better brake there pigy bankcto buy some stock at 1.5p ,, if true a 90 bag price target , I will be happy with 10 bags over the 12 months in my sipp ,,, looking interesting this contract news who is it to be ?
Castle
Question, why are they now out of a closed period when nothing has been announced
They trying best to not display 0.9p on the bid :p
Googled it:
The close period, in accounting, is the time span covering the completion of a company's finances and the subsequent release of those financials to the public. During the close period, insiders are prohibited from trading company shares or making any relevant information public before it is officially announced.
Would be nice to see a few directors buying shares, now they are out of the closed period. However if contracts are imminent, I don’t suppose they can.
What does it mean Hull?
RNS 16 th Apr
At the general meeting, resolutions were passed to approve the grant of 17,377,225 options to certain directors of the Company, details of which were announced on 1 March 2024. The options will be granted once the Company is no longer in a closed period, following the publication of the Company's annual report and accounts for the year ended 31 December 2023. A further announcement will be made at that time
That is 4.7 percent of shares in circulation, could push through 1p , should be another RNS tomorrow or next week