Member Info for Apeirogon

Market cap is 14m @1.2p

Market cap at 42m will be 3x or 3.6p

The maths is pretty simple.

It was £200 cash return to shareholders not FCF.

The shareholder meeting said that for the rump business (clean air + pgm) they would produce £2bn sales and £250m FCF. Something in that range. Worth listening to. Anyway, I think this whole business rerates higher.

£250m FCF per year should be what ? EV of £5bn ? Plus the £1.4 bn CT sale is £6.4bn or a share price today of £30.6

When does somebody come in for the Clean Air division?

50p catch a grip. How many shares were outstanding back when it traded at 50p ? The charts are meaningless since the dilution.

50p would be a £600m market cap.

Bloomberg TOP story today all about how amazing Doosan is at Nuclear power.

Philips media team to thank. Not an RNS.

I always had £200m in mind which would be 16.5p.

Will have to do a fund raise before then though. If I get out at 10p I’ll be happy enough.

Is there an agreement to pay BASF an off-market price ?

US NIH restrictions bad. Needs to do another funding round before Q2.

Possible good news on gas exchange.

I can see why it’s down. Needs a sugar daddy not the AIM market.

Investormeetcompany…. Got it

Do you have a link ?

3x oversubscribed corp bond is nothing unusual. Iberdrola was 3.7x yesterday, Ellevio 3.6x

Interest on the Hybrid doubles from £21m to c£40m next year

Given the explosive growth of Siemens Energy in the past 18 months … this company really needs to get a move on. So many data centres out there want power solutions.

Thanks. Still concerned about cash until Q1 26 only and also general lack of sales momentum.

Do you have a link ?

FX moves can be roughly equivalent to the tariff moves. The market will adjust. It’s not a black swan.

Market cap is now below the net cash position