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Yes clarification on a refinance is the problem the second news it seems Was for a spike prior to refinance which has been the case in the past.At 2.25 pence before 40 to one we had the same then more shares issued at 1.6 pence the following week.The 57 pence issue giving a sense of growth followed by loss of contract news and non payment.Think people are wary now.l have seen my investment be eroded but always hope long term it will turn but lost so much will stay the course but confidence is eroded as with many.Lets hope we get clarification otherwise it will be further in the red for a long time.
Have looked at that puts some perspective on things.
Didn’t know they had finally paid the debt.All we do now it seems is wait for the new contract or should l say forecast.Thank you for the info Mjones.Lets hope the forecasts contain truth in the future.A year after Xmas since contract loss.Mr Foo said his forecast was a resolve within weeks months ago.A very poor prediction.What can we believe?
We can assume January will mean fund raising as contract problems not resolved.How are they going to sell that one after the last missed promises.They can’t dilute l hope l will have none of my funds left.20 pence is half a pence in the 40 to one cycle so what will be the move,Well hoped for the resolve but it becomes bleaker they have the product but without enough customers it seems.The grid still owes money can only hope for a resolution with the government at some point.Oh well let’s hope a boost for new year maybe things are resolving in the back ground good luck to all.
The problems are the obvious misleading info over the years financing the huge mistakes by devaluing share price.The company should be profitable by now but to issue a special share at 57 pence just before loss of the grid contract was very poor.The list is endless.The structure is there the management is poor to say the least my funds are still here and hoping for a financial resolve as with many others.If they try any more fund raising by dilution or issue of shares or whatever l will take what l have left as l don’t wish to continue to finance a failing company.Good luck to all.
l think it certainly dropped for a reason as per usual.
Plenty of them just need to find ones who pay.The last grid payment?.Just hope for a resolve get back to growth in the stock price.They have to sink or swim this time.
That’s been the case for years with a short break.Easy to be an expert with no shares for over a year wonder what he’s holding onto his Hat.
From an already solid investor.
What can anyone say?.News of what dilution consolidation the contract with eneo.Who don’t pay anyway it seems.Think they have run the course now.New people will be very reluctant to deal in this stock.
Facts and figures tell all.Huge wages for a loss making company our funds are plundered.The proper oil men who joined the company like Bob Scott from B.p had the wages but bought no shares.l found your post very informative.
Well the hole fiasco here l have watched is people devaluing the share price in order to prop a failing company great resources but no paying structure.The millions owed not resolved refinance after refinance nothing resolved.Think my money is gone now.This 57 pence bonus share before announcing the contract loss and 8 million owing a few weeks afterwards.No oil people like Bob Scott from Bp who was in the firm a while bought shares definitely a red light then said he had other commitments.Last straw was the chant about contract being resolved by a badly dressed bloke who looked like he had just come out the pub weeks go on nothing happens.Maybee next week is spike week we can all cash up.Dont think they can get away with another dilution or refinance just sorry for myself and others here.
Thanks for your reply very helpful with perspective of it all.
Grab on the drop maybe the drop will continue.Getting rather silly now in value terms l am in over 2 pounds stop loss as l said before 1.74.Last spike was 1.81 what’s the next one heading in the 1.60 region for next week?.Profits lost maybe for the spike and sell mob.
Looks like the proper people are buying in soma rise in hand.
who got the news early?
Break even at 42 pence good position.
Lady no luck and horse riden into the Sunset.
Well is it that long l have been here.l agree seems to be orchestrated posts investor or trader would not know when to buy on information as it’s mostly geared to spike the share to keep the company afloat.The release of shares before mention of contract loss.Not ethical.Probably the company use people to chant positives easy when you dont own shares it’s easy.
With his holdings over the years he must be registered as a major share holder?.Wonder if it’s the same P.B as when the posts were potty and Edna if you were here then.Not all is what it seems .