Member Info for Crocqman

red,
Legal and General launched one recently, but I have not looked into it further

https://www.legalandgeneralgroup.com/media-centre/press-releases/lgim-launches-first-pure-hydrogen-economy-etf-in-europe/

MrC,
Not with Barclays, but i was looking to participate in an IPO a couple of months back with my own provider (HSBC), but could not do so as the hoops to jump through to register through them were too onerous (much like their coroporate action events which I only get paper notification for, and usually after deadlines have passed).
I asked them to add the security once listed, so that I could invest, but they had to submit a request to their security admin people do so, which was not a given, and it took more than a week for the company to be available on their platform.

I get what I pay for with them, to be fair (lowish trading fees for small voulumes), but my investing requirements have changed (they don't offer funds, or allow dividend reinvestment), so I will be changing providers later this year.

Not surprised that similar 'high street' offerings are similar

Not an accurate indicator though, Klunk, and many AIM company sites are out of date with this type of info.
'Information is correct as at 15 January 2021'

The official LSE site would not update this detail unless the shares had been admitted to trading as they provide the official listing detail, prices, etc, and sites like this LSE, and HL will take feeds from official data, not updating them on a whim, so all correct on official platforms for me.
MCAP back over 500m too!

Not EQTEC specific, but an example of the gathering momentum in the move to produce cleaner energy:

https://www.standard.co.uk/esmoney/energy/king-s-cross-green-gas-b931879.html

I am sure that last night LSE was showing shares in issue as 676m.
Today, they are showing 733m.

Looks like the SP is holding up well with the new shares added
gla

SS,
The shares will be added to the register in one go

I agree that the final furlong has been a particularly long one. The Going must have changed from 'heavy' to ''treacle', or maybe they forgot there was still one more circuit to go.

If the bod remain true to their IQ set-up, we will get answers for 2 funding related questions by end of Friday, if not an RNS sooner.
Given that these could both be considered 'awkward', and not so flattering towards the bod in light of recent milestones, promises made, this means something must be happening soon imo.
Putting up the 2 funding questions may be becasue they are confident they can be dismissed with a funding RNS before then. I can think of no other benefit for them to put those up, otherwise, as anything else the may say on any further delays would not look good at all (they didn't more 3 months ago, or with any update seen since then).

Wishful thinking?
We should know by the end of the week. Even if this is after market close ahead of a long weekend in the case of the IQ deadline. And it will at least give me something recent and in writing to make any investment decision for the following week.
A big week ahead for the bod to restore some trust in order for me to retain my full holding here.
gla.

Slightly off-topic, but did anyone watch last night?
It was pretty much all Scotland-centric coming from Edinburgh and being a pre-election event , but when they weren't continually fighting over the Independence vote (yawn), blatant electioneering and the childish one upmanship that always happens, there were some interesting comments along the lines of renewables and the transition away from O&G reliance.

One of the party leaders (Liberals) did specifically mention Hydrogen for charging amongst plenty of other general talk on carbon capture, wind, etc for job creaion, training, etc on the move away from reliance on O&G.
Wind power does seem very much the focus in Scotland, but the menion of Hydrogen was good to hear.
If only they could stop the petty bickering, especially SNP, Greens and Conservative who seemed more intent on point scoring.
Of the 5 represented parties, the Liberals were the only ones who came out with any credit for me.

Short-sighted, perhaps, but I guess that their (NatWest) stance is mainly down to the content of the last 2 main paragraphs of the article, namely, financial crime and money laundering regs together with the lack of coverage for cryptocurrencies under the FSCS.
Financial crime, kyc checks, etc are quite onerous for financial institutions as it is.
Would not be too surprised to see other UK banks make similar announcements.
The BofE review into a UK digital coin could result in a change to the current regs, but how long could that all take?

Bline,
It does not mean you are a clueless investor.
It is perhaps just that you don't understand the way that markets work (irrationally, at times) as well as you may understand the business you are invested in. They do not always operate in the same plain, and for too many reasons to list.

If you have dyor, then as long as there is nothing about the fundamentals of the company to make you change your mind, then short term SP movements should not really be of concern (frustrating at times, of course). Unless you are looking to trade that is, then volatility in the SP is your friend.
gla

L2analyst, "these institutions want at least double or more return from their investment not few pence"

What evidence do you have of this?
There is none to support this.
Institutions have multiple different reasons for investing, different time horizons, risk profiles, sector limits, weight allowances per holding, etc.
All will enter, hold and exit in line with their portflio requirements rather than be looking at a fixed profit figure, indeed they may be forced to take profits much lower than they would like just to avoid breaching their portfolio guidelines.

II's do not think, or operate as a PI does, and cannot due to their imposed investment constraints, hence why PI's constantly think that II's, or anyone else are 'crazy to be selling' when they are seen to be doing so, regardless of what the prevailing SP is at the time. It may just be they have no choice in the matter.

What will be interesting is any TR1's seen on the admission of these new shares, either on Friday, or early next week.
gla

You certainly can't knock this company fors news updates and comms!
I had already decided after close last night to add some more today. Will be paying a little but more now, but average will come down.
gla

I would hazard a guess that all those participating in the placing were aware of the ABB and Dutco investment as part of the details they were given when made insiders as part of the placing process.
Could be wrong, but feels likely to me that any placees were aware of 2 collaborators taking a stake, perhaps they were even the reason for the placing in the first place, an approach made to AFC that was too good to turn down.

Norfolk,
That's how I read it too, but it just seemed a bit of a strange way of presenting it, and those share-based payment costs can't have come from nowhere (or just in the 4 weeks since the trading update), which means the actual reported loss could be interpreted as being up to 45% higher than guidance.
I may be reading too much into it, and the market seems to have reacted positively to the figures, so no biggie.
I am more than happy with the progress being made here

Not had a proper read through yet, but one small observation:

In the 22/03 Trading update, they note an end of year loss expected as 'not lower than 4m'.
Actual reported loss 5.8m. It says this includes 1.8m of share-based payment costs, but surely this would have been known just 4 weeks ago? Seems quite a big change compared to guidance.

As I said, just an observation, particularly due to the slightly odd way they put this in the trading update (not lower than). From a quick scan, there is a lot of positives to take, especially with the post-results highlights and the outlook statements.

gla

For me, it will need further good news to get past 80p this week, but at the rate we have been seeing good news of late, who's to say this won't happen?
With the news last week, and the positions taken by 2 prominent collaborators, I do feel it is less likely to slip back too much under 70p again now. Further dips still likely, of course, so dyor.
I am here for the lomg term regardless, so short term SP less important to me than news and ongoing signs of progress which I am more than happy with over the past few months
Exciting times here
gla

Agree Sageman.
Have always considered anything around 2p to 2.5p a reasonable target for SF, but would seriously consider taking 1.5p to exit level here now with the funding issue dragging on. And on.
I think many are resigned to being disappointed compared to earlier expectations given the past 2-3 months of delay and lack of clarity as to what is really going on
2 weeks with no more news on this and I will likely sell my non-ISA position regardless.

Come on GL, the clock has been ticking for far too long and you need to restore some credibility with your shareholders.
gla

Slightly off-topic, but some relevance due to our Jan 2021 Strategic Collaboration RNS.

Article in ThisisMoney today. No AFC mention, but it shows the scope of their business, which is pretty far reaching, and can only be good for AFC

https://www.thisismoney.co.uk/money/investing/article-9482371/MIDAS-SHARE-TIPS-Ricardo-helping-turn-army-green.html

Thanks Jim.

This is the bit of the article that is not behind their paywall:

"A British developer of hydrogen fuel-cell technology has received a £3.2 million cash injection from ABB and has expanded its partnership with the giant Swedish-Swiss engineer.

AFC Energy said yesterday that it had raised about £36 million altogether from an oversubscribed fundraising that would provide it with cash to develop products. The Aim-listed group is working on electric vehicle charging products alongside ABB, as well as alkaline fuel-cell technology that could power data centres"

Nothing that we don't know there in this bit, but at least it is visible, even to those who do not have a subscription, and gets AFC's name out there even more.
I don't expect anything 'new' in the rest of the piece, but good to see and enough within this bit to pique the interest for some to look into AFC further, imo

Another couple of articles here, all saying pretty much the same thing (mostly taken from the RNS):

https://www.engineeringnews.co.za/article/afc-energy-extends-partnership-with-abb-sets-out-to-raise-35m-2021-04-16

https://uk.investing.com/news/stock-market-news/afc-energy-shares-jump-amid-new-investment-from-abb-2348240

Good weekend all

Alwaysone,
What was it that put you off investing here to date, was it someone on this board or elsewhere?
These boards are useful for sharing info and research (until the share becomes popular and the bickering starts), but I would not base any investment decision on anything posted.
DYOR and good luck whatever you decide