Member Info for Andy96

Don't agree Staylong.

If someone had sold £1.5m then they would have held well over 3% so would have to notify.

The bod have said they would raise again for AIM listing so that may be the reason.

If Boughtwood had not sold the raise would have been about .0020 instead of .0010 so we have all lost out with her actions

It will not be up to the bod to decide. The FCA will say if the rules have been broken and if an offence has occured. If so then it will be passed to the relevant authority to prosecute.

The FCA is not known for speedy action.

Hey

I am with you all for the long haul. Thats why i added 3.69m first thing this morning

Looks like the sp is stuck here for the forseeable as the last RNS indicated the move to AIm will have an associated fund raise.

So who will buy with a fund raise on the horizon.

HL happy to take 10m for .001056 so dont thimk it will go below .0010

I will pay more attention to what Rsenal123 says in the future.

So thats the 'K' gone for services to industry. Pity as he is a brilliamt engineer and is now not going to get full credit for his work.

Must be a bit frrosty over the breakfast table.

I think the sp will hover round here until big news.

It was trailed several times in the Annual Report that a cash raise would be required this financial year.

It all depends on which comes first, the news or the raise, as to how much will be raised and at what price

Hi Fred

Look in from time to time here after losing a lot.

Surprised you are still thrashing this dog.

You are an engineer so go look at DGI and cut your losses here.

Borgie

Wonder why the SP is being held down.

Could it be to do with the shares held by the directors and the outcome when the options are taken.

At present the directors and trust hold approx 38% of 10.258m shares in issue. Options are outstanding of 8.245m shares with the directors the beneficiaries.

When options are exercised the directors will own over 65% of the company so if the market cap is £1bn the directors walk off with £650m.

Nice work if you can get it.

However at 5.5p per share i will be well satisfied with my holding so go for it guys.

Hope it does not take too long my forecast is 2p at year end.

Looks like perhaps some investors gave been spooked by Tesla news and lost some faith in EVs.

All the more and a better buyin price for those who keep the faith

Should read Marker Cap not sp doh

When a cpmpany gets to this stage of developement the only criteria for the sp is profit.

The sp will go to 10 times annual peofit. It just takes time.

I am not at all sure the bod will want the warrants exercised as their percentage of shares will be badly diluted. But we will see

So not much longer to wait for good news. Should be along about 15th or 16th April

The directors and trusts own 37% of the company so a substantial holding of approx 3.7bn shares. The directots have options on 6bn at .003p and 1bn at .006p which if converted would mean the directors having to put up £24m to convert the options.

The shares would have to be at a sustantial price before they would do that as they would probably have to pre sell a fair amount to fund it.

Much more likely the options are there for cashng in on a takeover.

Only my opinion

Agree tsbs1 all should just ignore his posts. Dont feed his ego and he will go.

I am lth so not fussed with his comments

Thanks StayLong

Got my points mixed up again

Interesting that warrants are purchased at 3 times the existing sp. If they wanted 16m shares why not buy in the market for .0017 todays price for £28k. Must be confident. Or have i got it wrong.

If i win the competition and i think i will the options will have been exercised and thee will be 17bn shares in issue at 2p giving a mcap of £340m.

If the shares are diluted by 125 this would give 135m shares in issue at £2.50 per share that would be 3.25 dollars at todays rate so would that qualify for NASDAQ?

By the by i think India is the fastest growing economy at present. Do they have an EV battery plant. Perhaps someone with more knowledge than me would know