RE: Will the gap be filled?16 Nov 2021 04:40
Yes without news the gap will fill. Bearish shooting star candle today RSI overbrought & cop26 behind a temporary fall, is inevitible and natural buy in point is the bottom of the rising trend channel which would also fill the gap at 4.8p
Questions in meantime:
1) Why aren't PHE doing the work HUI are doing, themselves, so preserving more benefit for PHE shareholders, instead of giving exclusive rights to yet another new company HUI with Howard White as go between yet again in a way that reminds me of White's W2T?
2) Why have they done this without first agreeing the terms of any license fees payable by HUI or future SPV's, to PHE? I suspect it will be a lot less for Eastern Europe than in the UK.
3) What payments could or might White and/or HUI demand of PHE in order to allow PHE to participate in Eastern European projects? Will PHE have to give another 40% of its shares to White and/or HUI, just like they appear to me to have done to participate in the UK projects previously arranged by White's private company W2T with Peel?
4) Why have so many PHE Directors not been buying shares and staying in position for the long-term, but instead leaving in what looks to me like a mass exodus?
5) They have never managed to build or test a full size system, so it could still fail or need more development, time and money by the look of it. See these very recent warnings from the company:
a) Chairman Tim Yeo, PHE (Interview) 6/6/2021:
"I don't want to suggest everything will go smoothly for the first of the kind. It may spew out some things we didn't expect or didn't want"
b) PHE (Press release), 29/6/2021:
"the Company recognise that new sources of uncertainty may be discovered as qualification progresses"
And the word 'sources' is plural.
I make no accusation of wrong doing.
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