Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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i think you will find the company pay an annual fee not per RNS
What does cost money is a bod who do sod all apart from producing pretty presentations and talking a load of hot air yet doing nothing to improve the shareholder value despite that being one of their first stated priorities.
Pretty sure they do AA!
Rns don't cost money.
Just viewed the presentation. I think there's some additional dialogue there from Tom Reynolds that doesn't come across if you just view a presentation (death by Powerpoint). However, actions speak louder than words, so let's judge the board on their ability to deliver and meet their stated objectives going forwards and, as frustrating as it has been for LTH, draw a line in the sand from here - you can't change the past.
Fell
RNS's cost money. Why didn't they have this prepared before the last announcement? Or announce a live webcast to go through the slides. that's what a real BOD would do.
I'm all for giving them the benefit of the doubt for now, it's the wasting of time that's annoyed me the most.
Have a good day guys.
Morning steve, I think it's the right thing to do personally, lots of people who can't be bothered to read a few slides, listening is easier for some.
Yep, I would say they have up to 3 months max to deliver something on their "New" stated objectives. They need to under promise and over deliver to gain trust after the 1D deal and their previous failed delivery.
Morning Chris.
Seems a bit pointless really.
Just telling us what we can look at on the website.
It’s real news we need.
Hopefully soon.
I'm guessing some will wake up and get excited that it's news.
Sorry chaps, just a fancy slideshow ;)
Looking at yesterdays book, there was hardly any volume and no trades of any size, so just a manipulated drop on no volume.
Anyway I see we have something to listen to this morning.
GL
Interesting on the IG comment Chris.
I use IG but to be honest it is barely worth it for SCIR and AIM in general. I think currently the largest position you can hold is around £4000 per point at 25% margin then it goes up to 40% for SCIR. Can make better use of leverage with 20% margin on a ftse share.
I have a small spreadbet on PMG for trading interest which thankfully is unaffected. It's another one that you can only risk a small amount at 25%.
Anyway it could be affecting the SP here. It will force sells or will dry up funds that might have come in here.
Yes I hope it will be a good one. I think unlikely to lead to 10 bags (maybe fund Ruvuma, which could?). Positive cash flow will be no bad thing for starters.
I think we all agree with that joelt!
Spot on Colin, until they deliver something the RNS last week means diddly. They have a plan, well they had a plan before.
I share your cynicism and hope they finally actually deliver something.
Hi Colin, that's a fair comment and one that I agree with, let's hope that this new deal leads to some direction out of this cesspool.
AA - I didn't blame the BOD for the spread. HOWEVER...if they had not destroyed so much value over the last 2 years we would not be in this ultra small cap very lightly traded category where the MMs can have such fun
I hardly think you can blame the Bod for the spread on the share price,
Yes it doesn't attract investors when you have a monster spread. Not to mention a management team taking out 20% of the market cap every year. A positive of equity / debt will be that they hopefully move into a new league that justifies having this expensive BOD.
So true Colin, only in the bag when bagged.
A lot of shares on the IG 100% margin list not doing so well it seems.
I thought there might of been profit taking but OMG, seesaw spring to mind, it shows how these small caps are treated nowadays, maybe something positive soon !!!
Chris - I have been a cynical voice since I joined LSE!
Also - the selling price is now only 5% above what anyone could have ever bought shares for! It's only 50% if you bank it
Well you have been ultra cynical since selling the week before the 50% rise Colin ;)
They need to under promise and over deliver, lets see if they can do it.
Chris - I think the problem is that they have not issued any news. Same old jam tomorrow pumpy pumpy. Maybe I am too cynical but this feels like it has been an attempt to pump the SP prior to a placing
It's been 3 working days without an update on their strategy, shocking stuff, they should all be shot or maybe beaten with some damp seaweed ;0)
Might be a few days or heaven forbid a few weeks before we see if their strategy has legs.