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I agree entirely Chilting. There has to be a mix of private & public funding imo.

The point I was making though is that Government (Tory or Labour) have to have an 'Industrial Strategy'. Where is the current government's one? What plans do they have for green energy? Laid out precisely & concisely. Where are we now, where do we want to be in 10 years time? What proportion of funding goes towards fossil fuels & the new green sector? What will governments role be? (Tory & Labour). At the moment politicians are following the narrative purely for political gain not for constructive action on green energy via funding pledges from both public & private capital. GLAH.

Does the technology exist to fill the gap though? Of course as CWR investors we want to say 'yes'. There also needs to be a 'paradigm shift' in political thinking backed up by guaranteed & sustained funding of this fledgling sector.

I think the reason this sector has bombed today is because of reports about Government failing to meet environmental financial objectives ie; question marks about potential funding of 'green energy'. Maybe I'm wrong. I intend topping up but not today. See how things shape up.

To say that this share is 'ridiculously undervalued' is based on what, exactly? Have you not looked at the last 12 months results? Most of these shares are based on 'potential' and 'expectation' not results, revenues or profit. Of course posters want to believe that the share is 'really worth £10' because all they have to do is sit back & wait for the golden apples to fall from the tree (which will inevitable turn out to be rotten). Ceres is worth what the supply, demand & equilibrium price of the market dictates. And at the moment its just over £3. IMO a risk worth taking but certainly not 'ridiculously undervalued'.

Bang on the money michaelkelly. Most of what's posted on here is flannel & regurgitation of old news unfortunately. I hold about 7000 CWR so I've got skin in the game but it will be years before CWR starts making money. The ONLY way the SP will move up & stay up is when the JV is signed. The last 12 months results were poor and professional investors know that. Individuals can ramp up as much as they like but markets don't lie.

The move to the FTSE irrespective of IHT had to happen imo to attract more global/institutional investment. Remember that anything under £1 is regarded as a 'penny share' which most institutional Investors will ignore. It's going to be a few years before Ceres makes any money & until then it's about 'jockeying for position' and locking into as many contracts as possible. The SP in all likelihood will remain a bit volatile until the JV is signed. Then imo the SP will take off. All share dealing carries risk. Nothing is certain or inevitable. GLAH.

40% IHT exemption lost now. Choose Life :)

The only predictable thing about Ceres is it's unpredictability. It reminds me of the time I used to travel from Manchester to Belfast City Airport on little tiny aeroplanes. Full of turbulence & volatility but without the hardboiled sweets.

Interesting table that Mick. Thanks for posting it. GLAH

Block 30 Row 19 Seat 602 COYMP

A move to the main market is a very positive step. However entrance/promotion to the FTSE 250 won't happen until at least September 2023. It will also depend on CWRs capitalisation. Ceteris-Paribus CWRs capitalisation should increase the closer we get to September-ish. Hopefully by then the JV will be inked along with, maybe, a few others. So far so good.

Sustain..Well spotted : )

Am I right in thinking that once Ceres joins the main market (leaving AIM which it joined 2004) it won't be eligible for the FTSE 250 until Autumn 2023? (when the re-shuffle takes place). Interestingly ARM are applying to the US for a placement but Phil Caldwell reckons the UK should be allocating more funding to the Green-Sector which puts Ceres in a very strong position. GLAH

The reason why the SP shot up for a few days was probably down to BNP Paribas. Same thing happened a few months ago. I also hold Glencore Easyjet & L&G. It's reasonably easy to predict their SPs (within 95% confidence limits) but the only predictable thing about Ceres is it's unpredictability. This time next week it could be £4 or sub £3. Who knows?

Sorry to spoil the party but since Qube opened up their short position last Friday the SP has dropped like a stone. As I said on Monday these people know what they're doing. Markets don't lie.

Sono d'accordo. 100%.

Just don't understand Qube shorting on this share at this particular time. Wallace et-al have been doing it for years but fresh skin in the game now? Unless they're hedging their bets elsewhere (not unknown for hedge-funds lol). We will see. Let's watch this mystery resolve together; )

Short position opened on Friday 16 June. Since then SP has been falling.

Qube Research etc are owned by Trident Capital Holdings. Their record on short-positions is actually quite impressive. They are involved in 'mathematical finance' & also hedge-funding. On the other hand CWR are due to move to the main market imminently, which means a bigger pool of bigger investors. Mmm... doesn't seem logical at all based on my calculations. But I've been wrong before & I'm sure I'll be wrong again.

Does seem a bit illogical imo. Perhaps they know something we don't? Hopefully they'll be regretting it very soon.

Good one Savvy. My wife has always wanted to go on a Caribbean cruise. When I inherited over a million pounds I told her to pack all her bags. "Are we going on that cruise darling?" she asked. "I'm going nowhere sweetheart" I said "but you can f#ck off". GLAH.