Member Info for Bananaman2

ITM on verge of £1.4bn MCap

CWR had another go at and broken £1bn MCap

AFC MCap still only £135m

Mmmmmm.

Media storm required..... urgently

So what you are inferring then is that if profits on 55Mw are close to the current SP then we could assume PE of 10 (conservative) and the SP should 10 fold from here at least.

If you mean funding the growth for graphene based production facility then funding for that would be positive and any dilution as a result would be positive.

The revenue which could be generated by such a product would far out way the dilutive value of funding.

Anyway. If we have free cash flow by the end of the year I will for go any dividend and understand if Verditek wish to invest back into the business for future growth projects such as this.

292m shares is really not a very high number and the market cap is still incredibly low. Some AIM shares have billions in issue so a rise of 1p is hard to justify as it can add 10 or £20m to an MCap.

Verditek are in a fantastic position and appear to be very considerate of shareholder value. This is only supported by the fact that the leadership have a significant interest in the business.

They have the facility and clearly the space to expand. I don't know what equipment is required but to set the last line up it didn't cost the earth. It was around 650k

Sometimes a raise will accelerate growth when used for the right reasons as I believe Feeks was saying.

Result of Fundraising states

Application has been made to the London Stock Exchange for the Tax Qualifying Shares to be admitted to trading on AIM. It is expected that the Tax Qualifying Shares will be admitted to trading on AIM at 8.00 a.m. on or around 3 July 2020 (or such later date as may be agreed between the Company and the Joint Bookrunners, but no later than 10 July 2020).

Fundraising RNS states

It is expected that First Admission of the Tax Qualifying Shares will take place on or before 8.00 a.m. on 3 July 2020 and that dealings in the Tax Qualifying Shares on AIM will commence at the same time.

And also states

The Firm Placing is conditional upon (amongst other things) the Placing Agreement not having been terminated and, in the case of the Tax Qualifying Shares, First Admission occurring on or before 8.00 a.m. on 3 July 2020 (or such later date and/or time as the Joint Bookrunners and the Company may agree, being no later than 8.00 a.m. on 10 July 2020)

So can be a little misleading

Not sure how something can be admitted to trading on or before but also after. Perhaps the RNS was written by Boris Johnson amidst lockdown rules

Actually. That may not be the case. Each RNS released in relation states something different.

My apologies.

Daz. Its already factored in. The shares hit the market this morning at 0800.

Massive.

Hold them tight.

I have a good feeling that it will work out for you.

Do you hold anything else in the Aim market or green tech sector of Aim ?

Potential is exciting but scares the 5hit out of me to be honest.

How about you feeks ? Roughly ?

If I had got in at 2.5p instead of 5p it would be closer to 500k

At the time it felt like a big risk but now I am adding on the way up and feel comfortable doing so.

AFC is my largest holding. Built that up over 10 years.

Into the 100s of thousands.

Agree.

Offered 10.08p to sell my entire holding.

SP moving up today.

You may need to consider that there is the order for SAF in production for an August Delivery so maybe only 1 month of capacity for the September delivery to Endeco. Regardless it is still 'material' and at least 1Mw you can assume. If you take out the Marine and agricuture orders also.

Anyway. It is a very positive step and clearly expecting much more hence the increase in the Italian factory capacity.

Sorry to hear that Aputure. Maybe you will be lucky and get in on a retrace.

Who knows whats going on. Never had it like this an hour after opening.

Better still. Reinstate the dividend for this year.

Same again this morning on HL. Cannot get these at the moment. Can sell the lot but cannot get a price to buy any at all.

Midas.

You need to read some of the latest RNS'. A lot has happened since December 2019

Midas. VDTK do now have revenues. They have commercialised since RR taking the reigns CEO.

First contracts have been signed with Oil & Gas, Marine and Agriculture, whilst trials are being completed with one of the worlds largest truck companies.

Capacity being increased due to projected orders.

7-8mw per annum is break even

Sounds like you may not have done any research and taking a punt?