Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
What do you suggest they do?
Raid the DMIRS offices and demand the buerocrats pull thier finger out?
They have no means of applying pressure on them. Patience dear boy, Patience.
I may have been misleading here
"This morning during the pre-trade period a more realistic opening price will be offered. And we start again. "
The spread will remain the same (if no RNS).. Then yesterday's close will be adjusted down to form a more realistic view of what really took place.
Hope this helps. There is no big money being made here. At least not yet :-) :-)
@pebsi
" 6 percent up for the last three closes"
The price displayed throught the day is the last traded value. The spread is very wide .15 to .17 13% aprox
Late trade yesterday at 16:26 was price .1696p The value, a masive £10.02. This trade pushed up the close % to 6%
You have to look at the actual trades to form an accurate view :-)
This morning during the pre-trade period a more realistic opening price will be offered. And we start again.
Perhaps the most encouraging thing at the moment is the very small volumes. Most share holders are happy to
Patiently wait for the DMIRS decision which must come any day now.
PS. Before the derampers get excited, the decision is due. I accept that it could be negative. But it is imminently due.
Now derampers, if you have any sensable reason to offer why it should or could be negative I am 'all ears'.
Mining lease application
https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M47%2F1633
@myipa
"so i guess it's the funding partner news that we are waiting for -"
No... We await the permission to mine from DMIRS. It should be granted very soon.
From that many things will follow . Not least a funding partner and start of road building etc.
Real investors don't divulge their shareholdings or how many they are buying, they just do it.
I agree. That's why you don't know my holding.
Nervouse PI's are influenced by negativity on here. Look at the share sales recently. They are predominently many small value trades.
As Buffet observed 'The market is a voting machine. Not a weighing machine'.
@uncljim
"I think most people would take 0.6p or above."
I shall correct this.. ..I think SOME people would take 0.6p or above.
The main investors would not. Neither would LTH's who see the value of UFO.
It would require a shareholder vote. And fail.
A hostile bid would follow, but that may pull in counter offers.
@Huldiii
There are a number of very small trades in the last couple of days. The SP has responded by drifting down.
Some of that negativity will be caused by comments on here.
The fundamentals are very solid. DMIRS permission is a matter of process. That will come any day.
As Warren Buffet said “Be fearful when others are greedy and greedy when others are fearful”
Dip
I wasn't suggesting that the broker note was to be seen as accurate.
Simply that Max was quoting the source of the figure complete with links. Not plucking a figure out of the air.
Myavian :-
"And then you have Max111 and his army of ridiculous clowns shouting ‘fair value of 2,7p’ a"