Member Info for closettrader

Ask up to 2.2p......but nothing available again..............

NT to buy and upping the bid.....and even after all this time there are still less than 200m shares in issue .........any significant demand and this could sweep north.....

The Ask is now moving up with any small buy.....any concerted buying and this could shift quickly. We are sitting on $100bn of coal and there is seemingly mounting political pressure to at last use local mined coal for their power stations.....imagine what the share price would do with any hint of the fabled 'Green Light'!

Selling now at over 34p.........

Sudden string of decent trades towards the end of the day.....good to see with price ticking up as well....

....and, for the believers, Zak Mir featured Plexus in this weekend's Bulletin Board Heroes saying the chart upturn shows a test of 3.3p (blown through that then!) moving onto 5p by the end of next month.......with a sniff of another new contract I think that might happen a little earlier!

Has fallen steadily from 22p in Nov 2020 (disregarding the previous highs of £1 in 2017 and £3 in 2014!) but now looks to be on the upturn. So few shares in circulation (100m) with 43% credited to Mutual Holdings who hold on behalf of a dormant company, BBHISL Nominees, which in turn is held by Brown Brothers Harriman & Co. (BBH) which is the oldest and one of the largest private investment banks in the United States - they took out their investment in Feb 2019 when the POS share price was 50p! Jeff Thrall, non-executive Chairman of Plexus, has an indirect beneficial interest in Mutual Holdings.

This morning's news of a contract for over £5m (with £2.5m to be recognised in 22-23 and the remainder in 23-24) is fantastic for a Company with a market cap of only £4m (even after today's rise). Plexus are a market leader in wellhead seals for reducing pollution from new and decommissioned oil drilling - they are in partnership with the renowned company Schlumberger in a market forecast to reach almost $12billion by 2020. As CEO, Ben van Bilderbeek, says today, 'I believe Plexus is finally turning the corner and will prosper in the coming years, both organically, and with major technology licensees such as TechnipFMC and SLB, who have recognised and adopted the unique benefits of the ESG and NetZero compliant POS-GRIP method of wellhead engineering.'

Off we go again....can we break 4p by the close....?

It's going into auction every few minutes on a steady rise.....summat's up!

This certainly starting to Cizzle!....can't buy now on Barcs

Just sprung back up.....3.09 to Buy

Some decent buys....and you can now sell for higher than you can buy.....looks like they want your shares......

That was a hugely impressive presentation and Q&A session with Clifford Gross........well worth catching up on if you missed it

Can anyone remember the adjective that Cliff/Rick used to describe Microsalt's potential in an interview last year? It was something like 'immeasurable' or 'infinite'.....it looks like he may be right!

It's good that we now know what the recent raise was for....which always goes down well with the Markets. I think the Board at TEK have done an extraordinary job. They have selected 4 University start-up projects out of the 1000's that are available: Lucyd is now listed on Nasdaq (we have 70% ownership) and have just lauched a new range of innovative smart eyewear, Belluscura is on the London Market (12% ownership) and have just announced an arrangement with GoodRx a marketing leader of medical devices in the US, Microsalt (97% ownership) whose potential is huge, are expanding in the US and have recently appointed Judith Batchelar OBE, former Director of Sainsburys, to expand the product in the UK and are anticipated to IPO in the near future, and Guident (100% ownership) who have just announced a partnership with global leader NovelSat in a market forecast to reach $41billion by 2028. Amazing achievements so far ..........and the Board have stated that the potential of each of these portfolio companies is $1billion......I certainly think it's worth staying for the ride.......

Why were you expecting much better Miles5? RNS of Dec 22 stated: 'The Company remains on track to deliver its full year production forecast of 1,900-1,950 boepd'. They have achieved 1898 boepd, despite having some equipment failures in H1, and production is increasing, with Dec 22 at 2221 boepd and 2 possible further wells (Corringham and Glentworth) to come in 2023 giving a forecast of 2000 boepd for 2023. They are also working with SSE on a geothermal project for Stoke-on-Trent and the funding news on Green Heat Network Fund Investment Committee is expected in the next few weeks.....and there's the lure of 630bcf per square mile of shale gas in their Gainsborough Trough prospect if the Gov. decides to do another U-turn on fracking! Excellent time to be invested here..........

New interview....Company increasingly cash generative and BM now talking about shareholder dividends (or share buybacks)

Excellent update - debt halved, production increasing, reserves increased

Is that right........I phoned twice in the last week....first time (last Friday) the receptionist said she forward the enquiry onto somebody who would know and would contact me shortly. Phoned again Monday and she remembered our conversation and confirmed Trading Update this week.

I contacted the Company and they definitely said it would be this week........