In just a few days the fate of the company changes and we find out who Pinnacle really is.
And judging by Alan Hollis comments, they have some serious backers if they plan to relist on the main market.
In which case, looking forward to a massive pay out from this level.
And guess who has the first EU certificate for safety = AMTE
And guess who is about to get the UN Certificate for Safety = AMTE
AMTE has the IP, expertise, factory, and safety certificates in place to dominate the sodium battery market
Indeed, reviewing everything posted today, it does look like AMTE are about to be bought out to move the company to the US.
Pinnacle have got themselves a great deal for £2.5m:
50% of the company with immediate placing, plus the 880m warrants for 80% holding potential.
And getting the sodium battery IP, plus the UN and EU Safety Certificates for only £2.5m!
As you said, on the plus side, to buy in for 1p a share with the potential for £2 a share in a couple of years even with dilution is amazing.
Pinnacle support is in place and the company is saved.
UK government funding coming to build Dundee and speed up production.
£200m deals line up, and expecting £200m a year battery output.
Looking at 50p short term, and £8 long term.
If just stop oil and their legions of activists care about the world, how about they do a whip around and offer more money than pinnacle to support an actual solution to the oil crisis
If any of you moneybags on here can sell one of your Mayfair flats, you too could easily afford to beat the Pinnacle offer and own half the company ready for the sodium battery revolution to make 100x on your investmet
This is all becoming very interesting:
counter offers expected
new UK Gov grants possible
and the still on track for the company to get extra funding from pinnicle
Massive deals are being done to get Sodium batteries made, and the massive market opportunity, all clear for everyone to see.
Alan only became CEO in Oct 2022, this guy has the pedigree and connections to turn this into a multi-billion £ company.
Considering he is aiming to get the company listed in the main market, I believe he has some aces up his sleeve.
Just glad I've managed to get into this company ground floor, going to be buying more tomorrow and looking forward to the insane payday.
I vote that Pinnacle puts a better deal on the table.
considering they have done the due diligence, that makes it easier now for third parties to place new offers on the table.
I look forward to seeing more realistic offers at the start of this week, and finally seeing a Great British company get the support it needs to become a jewel in the crown of the next industrial revolution of energy!!!!
2 weeks until the vote.
Would expect new offers to land start of next week in order to have time to counter any counter.
Considering the opportunity and the fact that the company is set up and ready to go, this will be a very very lucrative investment.
When the International Energy Agency says the following, you know this is going to be a massive opportunity:
"In recent years, alternatives to Li-ion batteries have been emerging, notably sodium-ion (Na-ion). This battery chemistry has the dual advantage of relying on lower cost materials than Li-ion, leading to cheaper batteries, and of completely avoiding the need for critical minerals. It is currently the only viable chemistry that does not contain lithium."
If saudi then they will have deep pockets, so its worth holders asking for more money and better terms.
Also, I would expect this this week will see a rush to buy shares ready for the vote at the GM.
If there is a US fund looking at this they will pounce now to table a great offer to ensure they will.
Far cheaper to spend £15m for half of the shares of AMTE now compared to the massive costs to get the IP and factories built from scratch.
Reading through everything, it's clear that Sodium Batteries are the next big tech.
The fact is that AMTE has the IP, safety compliance certificates, and factories already in production.
I suspect that there were already a few companies knocking on the door with offers and Alan moved forward with the pinnacle offer as a way to make it all public and force other official offers to get tabled.
I would expect a more reasonable offer in the £10-£15m region to land for better terms.
Any share subscription is cash to fund mass production, so this is a win-win situation with the share price expected to re-rate hard.
Based on Alans's comments for main market relist at a minimum even for the larger 250m shares that still is a price of 11p, which is 11x the current price. So that person that bought £50k will be getting £500k profit!
Positives and why we are now seeing a turning to a good time:
1) Sodium Batteries are where the industry and market are heading globally
2) Oil usage stopping - due to A) environmental reasons B) UK/EU are cutting ties with MEA energy dependence
3) The new(ish) CEO Alan started in Oct 2022, and has a legacy of turning businesses around
4) AMTE are the first battery company with EU safety approval, which takes time and money, and they have completed
5) AMTE are now in phase 4 - mass production of sodium batteries
6) offer from Pinnacle will get a counteroffer, giving funds and support to develop mass production
Why this company is about to become a multi-billion £ enterprise:
"Battery Market Size to be Worth Around USD 475.37 Billion by 2032"
Source: https://www.globenewswire.com/en/news-release/2023/07/07/2701036/0/en/Battery-Market-Size-to-be-Worth-Around-USD-475-37-Bn-by-2032.html
"global market for sodium-ion batteries is expected to be worth over $11 billion by 2033."
Source: https://www.cnbc.com/2023/05/10/sodium-ion-batteries-shaping-up-to-be-big-technology-breakthrough.html
"Sodium Battery Forecast Period 2029 US $ 24.10 Billion ."
Source: https://www.maximizemarketresearch.com/market-report/sodium-ion-battery-market/147535/
Investment funds will be looking to clean up any shares from now until the vote.
Pinnacle will have plans in place to fund the new factory and scale up manufacturing.
as such, when this goes main market the price will be 500 - 3000 % more than now.
Why this company could have an MCAP of £billions fast with their sodium-ion cell batteries
October 2023
"Based on the £4.6 trillion of current insurance and pension fund assets in the UK, these proposals together could potentially unlock £5 billion in private investment for public policy priorities at the time of the funds’ launch, and at least £50 billion in the next five to 10 years."
Source: https://www.lse.ac.uk/granthaminstitute/publication/investing-in-our-future-practical-solutions-for-the-uk-government-to-mobilise-private-investment-for-economic-environmental-and-social-policy-priorities/
Insurance cover concerns over lithium batteries: November 2023
https://www.pbo.co.uk/all-latest-posts/insurance-cover-concerns-over-lithium-batteries-82249
Telecommunications Battery Market In Latin America to increase by USD 190.36 million from 2023 to 2028
https://finance.yahoo.com/news/telecommunications-battery-market-latin-america-183000147.html
CDPQ investing $200M in Swedish battery company Northvolt: November 16, 2023
https://globalnews.ca/news/10096158/cdpq-200-million-swedish-battery-company-northvolt/
Samsung SDI, GM to raise Indiana battery investment to $4.4B
https://koreajoongangdaily.joins.com/news/2023-11-17/business/industry/EXCLUSIVE-Samsung-SDI-GM-to-raise-Indiana-battery-investment-to-44B/1914798
Redwood Materials will supply Toyota with cathode material and anode copper foil for battery cells produced at the automaker’s $13.9 billion factory in North Carolina that’s slated to go into production in 2025
https://techcrunch.com/2023/11/16/toyota-turning-to-redwood-materials-critical-battery-materials-us-factory/
Look at Alan Hollis Linkedin, his job is to make the company into a £350m operation, and he has a lot of experience in achieving this kind of growth. Add this to his comments today, that he is looking to go to the main market.
1) UK gov could be about to give a massive grant and support to the building of the new Scotland Giga factory
2) AMTE Power has become the first European business to receive UN38.3 transportation testing certification for a sodium-ion cell. The accreditation for its Ultra Safe sodium-ion product marks another important step forward in AMTE Power’s commercialisation plans, allowing it to access global markets.
3) Compared to lithium-ion batteries, sodium-ion batteries have somewhat lower cost, better safety characteristics, and similar power delivery characteristics, but also a lower energy density.
Basically, the IPO price was correct, and the share price is about to re-rate fast.
GLA DYOR
Check out Focusrite, same pattern of trades and looks like they might get a takeover offer soon
Yeah, the trading pattern on here and hotel chocolat are are same.
Also I would expect that Phil is looking to retire and get a big payoff to gift to the family before inheritance tax affects it.
And also expect that Lion Trust will support the takeover as they will want a profit on their holding considering the year they have had.
To give some context to the numbers, and why a takeover of Focusrite for £1b is reasonable =
BandLab Technologies raised USD $25 million in its Series B1 financing round, valuing the company at $425 million.
Avid was acquired by STG for $1.4 Billion in September 2023
Francisco Partners owns Native Instruments and tried to buy Avid in August 2023 for $1.2 billion, but was beaten by STG
Focusrite now has 8 leading music tech brands within its portfolio.
It seems realistic that Francisco Partners will put in an offer to buy Focusrite to wrap Focusrite into their group with Native Instruments.
Focusrite Takeovers since 2019 =
Martin Audio = £40m
Sonnox = £9m
Adam Audio = €18m
Sequential = £18m
Linea Research Holdings = £12.6m
Oberheim = £4.5M
This is together with the Focusrite product lines and the Novation product lines.
Total for everything: Whole brand portfolio, market reach, customer base, set up sales channels = £1billion