Member Info for CaptNemo

The shorters would not be able to close their positions if the stock was suspended now - just another example of ''protecting shareholder valve''

Well, no RNS on EoY numbers this morning. IF they are going be released in April, there are just two more days left.

What's the betting??

- that we'll get a brief and ambiguous RNS on the 30th April saying they are delayed, or

- we get an RNS saying that it was a bad year (which we all know, just not how bad yet) and here is a plan with asset sales, D4E, etc....

I'm included to think they will be delayed, but I'd love to be proved wrong.

- Talies

I've been prepared to give our current BoD the benefit of the doubt, they are between 'a rock and a hard place' - mainly of their own making, but after last Fridays reckless RNS I no long have faith in the BoD and would fully support a vote of no confidence. You can count on my 0.02% of the shares :)

Performance shares awarded - what a joke.

Re Dave

That makes two of us. I can see no obvious reason for the release of the RNS last Friday - the SP was not under relentless pressure like it was back in early Dec 23 when they eventually released an RNS. And, as has been said by others on here and in the media, there was nothing new in the most recent RNS.

So, why release it. I can see only two reasons.

- Total and utter incompetence from the BOD & senior management - in that they did not know it would have a big negative impact on the share price. Now they may not be 'master minds' but I seriously doubt that they are that incompetent.

- Which leaves only one conclusion. It was released with the full understanding of the effect that it would have and was designed to suppress the share price. Unfortunately I have no idea why they would want to depress the SP and neither does anyone else - which is why the SP is down by 1/3rd since the RNS - uncertainly breeds fear and people get out of the stock.

All I know is that It makes an absolute joke of "A key aim of this review is to protect the interests of Petrofac’s shareholders, creditors and employees while the Group continues its focus on safe and effective delivery for its clients."

Re Maverick - I'd settle for a £1 a share take over right now - today, just to get out of this cluster f**k .

DK2020 - The 24th - it's my birthday - lol.

In the last two days our CEO Ken Gilmartin has purchased 437,178 shares at a total cost of £557k, not including over 8000 shares purchased in Jan & Mar - looks like a solid vote of confidence and an expectation of better things in the future - and he should know.

Great numbers from the RNS, onwards and upwards folks.

It's just 0.5% additional shares, only a very minor dilution or 1/200th if you like fractions - can't see that it will have any material effect on the current SP.

Could make for an interesting start on Monday, most of the shorts piled in with a 'herd' mentality - lets hope they exit the same way, and my guess is that no one wants to be last out....

Indeed:

15,392,202 is just over 3% of the shares

8,674,150 is approximately 1.6615% of the shares

My guess is that we'll see a significant reduction in the short position of both Helikon & Astairs on Monday evening - as the late trades will not make it to tomorrows short data - due to the days delay.

We are not at 25p yet - Mac - but we are well on our way and the continued de-leveraging of debt is a sound business plan which will have a positive impact on the SP.

And, once the debt is substantially reduced, maybe by the end of 2025 - then what are they to do with all that spare cash? Did I hear someone say dividend??

Third time in a week that Helikon has reduced their exposure - did someone just blink?

Could an orderly exit turn into a disorderly exit? Now that would be fun :)

DBN - We'll have to wait and see of if there is a reduction in tomorrows ShortTracker - but no one reduced yesterday!

Ouch! But, nothing goes up forever (except Gov debt maybe). We've had a good run up and some profit taking is to be expected - but not sold my holdings.

Just read the latest RNS - not good news at all, yet another AIM stock being diluted to death.....

Ans where the **** is the bond deal, if it really was that good and or immanent - then why do the dilution??????????

It's nice to Ceres pick up again, and the last few days have brought a smile to my face.

I've been in CWR many years, bought in at 6p before the 10:1 consolidation, watched is go up and up and up - sold half my holding at the end of 2020 and paid off my mortgage - that really brought a smile to my face. But, I've kept the other half and topped up recently into my ISA - because I think there is a fantastic opportunity with this Company.

The technology was what originally interested me in CWR, there was enormous potential in just the original SOFC technology and now we also have SOEC as well. Both fantastic technologies that answer many of the current climate worries.

I attended a technical briefing recently from Johnson Matthey (JMAT) about their electrolyser technologies and catalysts. The used of limited rare earths, the high pressures and temperatures needed to make the systems run well - all present very significant engineering challenges.

New to here but not new to Ceres and this could easy 10 Bag from here ( in a few years) - foxhat you might even get your money back :)

Now that's what I call a good RNS, happy with GMS this morning.

Morning Mary, plenty to like indeed - music to my ears :) If only we could get a similar RNS for PFC...