Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Does anyone have an opinion on the drop of 36% today...??
Incoming me thinks
Percent now
4.30
Clutching at straws.
What did you buy in at Ria?
Multi-bagger from today price,.......expect 8.00 +
Now
Now on the leaderboard
Upwards from here onwards....great time to buy
Fifth Development Milestone with Techem Agreement
Further to its announcement of 20 March 2023, FireAngel (AIM: FA.), a leading developer and supplier of home safety products, is pleased to announce that it has successfully delivered the fifth development milestone of its agreement with Techem Energy Services GmbH ("Techem") in connection with the new generation smoke alarm ("NGSA") being developed, primarily for the German market.
The fifth contractual NGSA development milestone, which was delivered on time, sees the project now 52 per cent. complete (up from 45 per cent. complete as at 6 June 2023) on a planned man-days basis. This also sees the electronics development component of the agreement now 95 per cent. complete (up from 91 per cent. complete as at 6 June 2023) and on schedule.
Neil Radley, Chief Executive Officer of FireAngel, commented:
"The Techem partnership remains of significant long-term strategic value to FireAngel and its stakeholders. I am pleased to be able to announce achievement of this latest milestone, which remains on schedule."
RNS out....nice
Great News
Didn't cost them as much as it looks like a trade debt arrangement from the narrative. Siterwell's product portfolio is quite impressive from their website and this would potentially give them a turnkey op in the UK and Europe with their own range - re-skin their products and fireangel have a complete new product line too - this German deal may generate cash without most of the fireangel overheads -- seems like a no-brainer to me
In Europe, Middle East and Africa is due. Please see last RNS MENTIONING THIS:
The FireAngel branded smoke alarms, which will utilise FireAngel's innovative Thermoptek® multi-sensor technology, are due to be launched in 2023 in certain countries within Europe, the Middle East and Africa.
John Conoley, Executive Chairman of FireAngel, commented: "This latest partnership with a highly experienced global partner further underpins our commitment to expanding our capability in IoT and connected technology and will support our strategy to build shareholder value by leveraging our differentiation in current and new customer markets.
Why would Siterwell take 17 percent in Fireangel that's some chunk to take?
This may be the bottom for this share. Could be a good time now to take a small position but still a long term hold to make a decent profit.... ria20 ramping it will now help much.
Interesting times ahead see company background below
https://www.linkedin.com/company/siterwell/
Siterwell Electronics Co., Ltd....now own over 17 percent and accumulating shares in the company.....possible takeover coming .....15.00+ me thinks
The 5.05 offer expect it should move upwards towards this price this week
Expect this will now start to rise later this week
I did.. thought why the heck not. I was thinking the SP would be nearer the offer price by now though!
Has anyone taken the offer up?
Thankyou Ria
If you look at APTA you can see how small bio techs can really rerate
I have added more FA
Good morning i will take a look