Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Excellent news and can only get better from here. This must be the best recovery play out there!
GLA
THG now valued 825 mil - over twice as much as Asos.
Boo valued 448 mil
Asos valued 404 mil
Madness! This has to turn soon
GLA
Yes, my thoughts also. Looks like it’s a bit of an up yours from MA to the Board for not allowing him to take part in the recent fund raise.
If reports are true he wanted 5% and they refused, then he’s got his own way on the open market. How they are managing to keep the price so low is beyond me though, unless an ii is offloading to him??
Added more, great opportunity to grab some more at 356p.
The big boys are filling their boots, once they have accumulated this will move. All part of the game imo.
The free float is getting smaller and smaller.
If a bid lands it’s game on! If a bid doesn’t land this will recover in time, so no brainier for me.
GLA
Glad I’m long, looking for a THG style rise here. Back to £10 will do in the coming weeks for starters. I can’t see the board entertaining anything below £15 imo
Interesting times.
GLA
This is now imo similar to THG when they dragged it around to the 30p mark.
Expecting this to bounce back from here, and it’ll be swift. All imo.
Gla
Shares have been battered some to the lowest levels for some time.
The fact they can issue them with no discount shows the price is way too low as it is, and it will be fully subscribed for sure.
Great they have restructured the debt to 2026, risk has now gone imo and SP can build from here.
It would not surprise me to see the SP gain in strength throughout the day, historic for the company!
Fantastic RNS! 250M MCAP! Haha way way undervalued!
GLA
Positive news, market now has a forward plan to work with. Uncertainty removed,
GLA, long hold.
Yep noticed that its moved buy price to 279 from 274??
I suspect there is a large sell order in the background, once this clears it'll be off to the races imo
Starting to pick up now, lets have a happy Friday :-)
Very similar drop to DOCS, will bounce soon no doubt imo Bought and holding.
Gla
Surely a buy out target at this level imo
All looking good! Nice cash level.
MCAP the same as cash in the back.
Undervalued imo
GLA
I'm new to IOG, but I can see they aren't a one trick pony. Current MCAP 38M, in October they had 35m in cash - not sure of figure now.
How much revenue are they generating with the current producing assets? I saw a figure of 30M of first revenue with 11M profit?
Debt around 40M?
So all in all I think this current MCAP seems rather cheap.
Can another confirm above figures.
Thanks
Yep, cant buy a bean on HL
50 million FCF! Excellent stuff.
I think at this SP the business is priced to fail, however that trading update shows a great positive outlook for the business. Hopefully it has caught out a few shorts, who were anticipating a more negative outlook. Time to close!
Onwards and upwards, no matter what happens today, a hold into 2024 will be rewarded imo.
GLA