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People need to realise that it's good practice and traditionally encouraged to change auditors every 4-5 years, to mitigate any bias treatment.
PWC should have been replaced a couple of years ago, but it is happening now. Nothing untoward here.
Onwards and upwards, as all the cr*p seems to be surrounding the suppliers to Boohoo. Nothing whatsoever with the company itself.
9.56p to sell and 9.85p to buy
Can’t believe we are back into single digits here.
It’s ever so frustrating holding on here but patience will be rewarded. We have seen a rise of 20-30% in a day, so I’m banking on a similar daily rise once we have news of contracts being won this quarter.
Surely the 18/19 sales reps across the globe are aiming to secure contracts and not just twiddling their thumbs.
Solar / wind is the future and VDTK are going to be smashing it in this sector. A market cap this low is unbelievable
Good Morning all,
Bid on 12.0p and then dropped down to 11.5p.
Ask of 12.5p being paid in full.
People realising the potential here! Load up, it’s been a wonderful week.
50p at the end of this year would be absolutely brilliant.
I'm estimating this to reach 30p easily towards the end of this year, but happy to be proven wrong at 50p :-)
The market cap value at the moment is a bargain, and there is no risk of any dilution from cash funds required here. It's a win-win situation for all.
Haha, no lockdown for you then Sophie?
It's been a fantastic day here, and hopefully the trend can continue upwards. A massive rerate expected and onto 20p+ as the company makes news worldwide.
Transformational over the next few months towards the end of this year, and definitely will be mind-blowing in 2021. A long-term hold here!
Wow, fantastic news of the MOU in Thailand.
Onwards and upwards. Clearly there's alot of work being done behind the scenes. It's nice that the company is active on Twitter with these positive updates.
Clearly this has been way oversold and it’s just getting back to where it needs to - towards 18p.
Q4 is going to be a transformational quarter for the company as it’s changed from a R&D company into Commercialisation.
Wow, just wow!
Wish I had more funds to top up here!
Think we've now turned around and returning back to an upward trend
Stabilised in the 8-10p range, until the next set of news.
I'm banking on Q4 to be an amazing quarter, as all the sales reps won't be twiddling thumbs. They will no doubt be aiming to secure deals and earn their commission from the sales.
Patience required here. In a couple of years, I can genuinely see this towards £1, as the world comes towards solar / green energy.
Been oversold heavily without any substance.
We can expect this returning towards 20p in Q4.
Still quite a lot of other sales people scattered across the globe chasing after similar sales leads.
I’m hoping that this is the start of many new orders that come through over the coming months. This company has definitely indicated their intention of placing an order again in the next 12 months.
Very positive news and about time!
Verditek plc, (AIM:VDTK) the clean technology company is pleased to announce, in line with its stated strategy to target verticals in the Oil & Gas, Marine and Mining industries, that it has won its first order in the mining sector in Australia, this represents an important new territory for the Company.
Verditek has secured an order for its PowerMat solution from InterGroup Mining Limited ("InterGroup") to provide solar power to its exploration operations based in Queensland. InterGroup, which has already made a number of major gold discoveries is in the process of ramping up its operations significantly. The first order is for 75kW at their exploration camp but they anticipate a large increase in their power requirements over the coming 12-months, which provides the opportunity to the Company for further larger orders. The lightweight durable solar panels will be used as part of a diesel-solar hybrid system, with the solar panels significantly reducing the consumption of liquid fuel and hence offering financial savings to the operator as well as achieving a key objective for InterGroup, in wanting to make their mining operations as green as possible. InterGroup have chosen Verditek's rapidly deployable PowerMat solution that can be easily moved to any of their sites. The unit is expected to be shipped to Australia in December 2020 and first stage payment has been received.
Steve White - MD of InterGroup commented , "As we expand our operations significantly, we have been looking for a cost-effective way to adopt green technology, that will move us towards our aim of being a leader in ecologically friendly gold production. Given our projected power demands as we ramp up our mine development, we believe there is scope to increase our take-up for Verditek PowerMat to between 1.5-2MW over the next 12-months."
Robert Richards - Verditek CEO commented "I am extremely pleased that we continue to deliver on the strategy of delivering solar solutions to off grid installations and converting wet fuel users to dry. This first sale of our mobile power solution to the Australian mining sector, through InterGroup marks a significant achievement. Although the starting order is relatively modest in size we are confident of the potential for much larger repeat orders. This contract win demonstrates that we are on the right track as we expand our business.
Awful for TW to continually badmouth the company.
He’s probably been bullied badly and got it against someone in the company to do well.
Man needs to find a hobby to keep himself busy.
Anyone seen SPI Energy’s price today in US?
And we continue the downward trajectory again today.
From highs of 18p to less than half that now!
We either are going to double up from here very quickly or just remain stuck in the single digits till the end of the year.
I’m hoping that we can move rapidly towards 20p WHEN the company decides to write a decent RNS to blow up the share price.
Sophie - you’re spot on!
Even a simple RNS saying that we are still trading despite Covid would assure shareholders that all is well, and possibly reverse this downward trend.
I’d like an update on what orders they’re securing and what’s in the pipeline for the remaining year, and projection forecast for next year.
Even if it’s a repetition of a previous RNS, having it reiterated again would definitely be a positive thing.
Another disappointing start to the week.
The company desperately needs to provide a positive update as we are back in the single digits. It shot up to 18p and we are now half that to £28m market capitalisation.
BOD need to sort out their communication here.
Thanks Sophie1 for checking this too.
It seemed weird and very tempting to actually go ahead and buy, and then immediately sell at the higher price. Or even sell my current stake and buy again immediately at the lower price.
I didn't go through with it, incase it locked me out with the glitch.
I seem to be able to buy for 11.69p and sell for 12.0p on HL.
Is anyone getting these dummy quotes too?
That’s right.
Raises £100k and wipes off £3m off the market value from panic selling.
Still another £70k left to convert.
Fantastic buying opportunity.