Member Info for carlotowl

You mean the bit that says the investor isn't allowed to own over a certain percentage of the shares which makes it even more likely they'll sell them?

Neither do I. But relentless selling by Blackstone will limit the MCAP in the short/medium term.

No, this is carbon storage. We aren't storing carbon.

Ok mate. Keep buying at these prices then.

No faulty calculators here. The 2p post consolidation warrant price is the equivalent to 0.0016p (13x less than today's price).

Eventually, yes. But only from the post conversion warrant price which is more than 10x less than today's price. Once they have access to those warrants they will aggressively sell their shares and drive the price down to the 2p post conversion price. Any good news will just provide liquidity events for them to continue to sell. Only once they're done selling will it rise and even then it will take more than a 10x move to get back to today's price. This process will take months and months. Like I said, look to buy back once the selling has ended or if you managed to buy last week in the 1s, bank profit now.

It's just in the pre warrant dilution hope phase. Post 17th December once Blackstone have access to those warrants it'll be a different story. There's a good chance the company is successful but the only people making profit will be the ones either selling now who bought in the 1s or those buying at the post conversion price that Blackstone can convert warrants at. I'd look to get back in then.

Calm down son. These things don't play out on our desired timings. Company is doing everything right in a very supportive policy environment. Licence is binary but extremely likely to go their way with everything we know. Til then investors will get bored/panic/trade it and the price will go down. But when the licence and subsequent financing lands, it's to the moon.

I think you are all confused. They have lent the money, yes but they will be making a huge profit on anything over 0.17p (current sp) or 2p (after consolidation). They will convert the warrants and sell sell sell til the cows come home! Even selling at 0.2p makes them a profit! The RNS even says they expect sufficient liquidity for the investor to be able to trade the shares! I do think they will eventually be successful, but only for those who can buy at or around 0.17p (current) or 2p (after consolidation). 10 X from there is still only 1.7p! I will be waiting for them to stop selling before I even consider buying back in.

You're right Early Bird, there's no way to know something like this is coming. All the signs were positive around the leather and signposting to non-dilutive funding. Just last night I re-read recent RNS' and listened to the most recent interview and reassured myself there were no red flags.

Massive kick in the teeth for holders. Thankfully I bought 90% of my shares below 2p and have sold up roughly evens. Knew I should have sold up when it was hitting 3.8p a few weeks back.

Just the CEO confirming they're making a T-Rex handbag. https://x.com/Towlie1981/status/1994505428202655787?t=i7RxFqg7lR8mD5YlSzRzrQ&s=19

Of course there's a funding requirement you fool. They're going to need 100s of millions. But there will be no shortage of funders once the licence lands and it'll be at a much higher price than this.

BSF own 100% of the various subsidiaries. Which means any funds or revenue those subsidiaries get is ultimately owned by BSF and is their asset, so increases the value of the company without diluting shareholders.

BSF own 100% of the various subsidiaries. Which means any funds or revenue those subsidiaries get is ultimately owned by BSF and is their asset increases their value as it

I personally think this is a great price to get in (and I did, having sold just under 10p on the spike in Sept). Seems to be bouncing off support, plus significant news can land any day.

Because most investors are clueless or they're trading it.

All the panic here makes me laugh. Also makes me laugh that every stock Myles is in investors blame him when it goes down but don't credit him when it goes up.

I'm so confused. Can't see any encouraging price action....

Hardly any volume, but any volume is good with no news. https://www.otcmarkets.com/stock/BSFAF/quote#trade-data