London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
for anyone still out there....and we get some news......keeping the comms open and running!
Here’s hoping!!
PC
Pinecone . It is a strange position to be for me.RED is now a pure play flow battery company that now has an apparent growth in potential sales opportunities compared to when I invested 3.5 years ago but a share price 7 percent of its peak under the RED share ticker. I guess the hope of those big sales by the investors in the short term are pretty well dashed and share price (before suspension) suggested few people believe it is a bankable proposition. The merger or reverse takeover wants the shareholders to stump up another 24 MILLION ponds or so . I think that is about the total of all the open offers and placing s in the last 3 1/2 years. The Vanadium price is at a lower and stable ? price. The intermittent renewables current and planned growth on the grid in the UK looks like it needs higher carbon spinning reserve or pumped hydro/ batteries to act as a belt and braces back up for grid power station failures. Radio silence for over a month from the company. The cash runs out in November . On my cynical days I wonder whether management will wind up the company and consider buying what remains for next to nothing.
I too am still around (intermittently). However, I think that I have mentally written off my entire RedT investment (not hard to do when 85% down), so anything more than a zero return would be a pleasant surprise!
"Trading on AIM for the under-mentioned securities has been temporarily suspended from 25/07/2019 7:30am, pending an announcement and publication of an admission document."
Well it's now been seven weeks "temporary" suspension waiting for an admission document. Does anyone believe this merger is going to happen?
I wait to be pleasantly surprised, in the interim my previous opinion stands. This will drift on to November, they will go bust and the "assets" pre-packed for a song. Lehman Brothers and the hope of Barclays riding to the rescue springs to mind - why pay over the odds for something you know is going to fail when you can pick it up for peanuts after the event?
mjb606 I think mentally writing this off is the best thing you can do. Even with current Vanadium prices being very supportive of VRFB where are the sales? Would you buy a proprietary VRFB with an expected 20-30 year life from a company on the verge of bankruptcy?
Investors have been continually shafted by management.
Glad to say I came out of this 18 months ago, because I needed to raise some cash, and never got back in.
But I do think the way management has behaved needs investigating.