I am hoping for .50 so I can get it at the same rate as the £1m option taken up. Time to go large I do think as once DMG working model in place it will be happy days!
The message said TPI clients had taken up the shares. At the AGM someone needs to raise this as shareholders should benefit from cheap shares, not investment houses (although they probably take a hit if they can't place all the £1m).
Lets hope £1m is enough, if they can show a full scale working model and have the patents going through, this becomes a valuable stock. Only disappointment is that they didn't do a share offering to existing shareholders, we would have gone for .5p
Just looking at the fundamentals of PHE and their accounts. Think the goodwill right down (c.£40.5m+) in this years accounts caused the sp to stay low as it appears as a loss on the business fundamentals.
That said the annual losses are not that bad and we only need one take up for this stock to fly...
I have a lot in PHE as it is a great idea and solves two problems. Even with all the new battery storage coming online, hydrogen will be a much needed resource if we are to see a full shift to EV's and some car manufacturers are already planning the switch to smaller batteries with a hydrogen tank...
The great thing about hydrogen cars is that like with BMW, EV's will benefit significantly from Hydrogen fuel cells (a lot lighter and smaller batteries).
I brought a EQS for the range but with hydrogen that isn't so much of an issue and with solid state coming online as well, EV's will benefit significantly.