RE: Moagi20 Jan 2022 10:11
Jackal, it is the popular belief and is correct when it comes to major investors for sure.
But the smaller PI , of which there are many , provides the majority of the trades by count rather than size. It takes very few trades , one sometimes , to impact on the price.
Moagi and Whizzer spouted negatives the whole time might well produce those sells at stupidly low prices.
There was a flurry of posts when the price ws 5p+ and the 'almost secretive' placing to raise the 2.6M for poles from a few UK major investors at 3.5p with no options at 8c or 4.4p , as we were offered on the previous offer.
Imho, that placing was unusual and should not have affected the 5p price.
Traditionally the placing price always drives the sp down and there was enough posts saying it was going to happen then. Out 4.4p options were looking rosy at over 5p which should have stopped selling imho , but look where we are now, the options are worthless today and the secret few got a brilliant deal at 3.5p
That is not the end of the story though!
TLOU set a deadline for the options as June/July and 4.4p might be exceeded by then to revive the options.
How? I don't think poles and wires and the expenditure on them will help at all!
But I are think there is another possibility or two which can arrive in time.
Gas flows or hydrogen announcements!
An increase in electricity prices looks inevitable but TLOU may be committed to a much lower price! How clever was TG to agree a PPA for very few MW ? Moagi has derided the low MW for as long as I remember - it was always in TG's mind that the price was going to rise with time.
And that is fact!