Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
No, I don't suspect that an investment fund which has been running for over 35 years and has hundreds of millions of pounds in its portfolio would commit fraud in a tiny aim company which they owned 5% in to slightly reduce their loss.
I think that covers it.
Buys!* auto complete is on a roll this morning...
They started selling on the rise, like most holder would do, and continued to reduce their risk as top said.
Personally I think they are going to go fully out rather than keep a smaller holding but we will never know now that they are below 3%.
It's good, because as i literally just said, it removes the large selling pressure from the last few days and allows the price to rise more with the guys.
Cretin*
It's good you absolute creation.
It means the background seller is either finished or close to, and there should now be an easier move upward.
Although you probably already knew that.
That's a fair point prionace. More than happy to admit when I've missed something. But they still started selling before the **** up with the finance was announced And now that they will either be out or very near it buying pressure should send this upwards.
Just to throw it out there, they actually started selling around the 3rd of January for massive profit. If you bother to read the holdings RNS'
A placing is ridiculous because they would need to pretty much raise more than the entire market cap of the company. Which isn't going to happen.
In which case the two remaining options are another deal, or selling the asset.
If they were looking for £5 million then maybe your posts would hold some merit. As things stand. They don't.
Award for most inaccurate and misleading statement of the year goes to Thunder2040
I dont realistically see a placing as an option given the amount they would have to raise. So it would either be another agreement for funding, or selling off the asset and focusing on their other ones. Both would be positive at this point.
Well Rocket you have already proven your share dealing ability by losing money in the space of an hour, i guess we should all listen to you by selling and buying back in at 0.5p when it gets there too...
Wouldn't be surprised if you were the 16,965 sell for 2.730.
You seem like the £500 trade kind of guy...
Yeah i'd sell for a loss Rocket.
That way we wont have to look at your brain cell killing posts...
Woodstock yesterday: "I say again. The sp can go either way."
Woodstock today after absolutely no new information what so ever: "The sp will remain at current sp of 2.75/ 3.00p for months."
*Yawn*
Expect 3p might take a while to break.
I imagine plenty will have got in on the crash and look at that as an exit point.
Happy to be proved wrong though. Means more money for me.
I dont believe that at all sunrise. Every shareholder has a right.
I just think hes talking absolute *******s.
"Hi I have 3 shares for 24 hours plz sack board k thanks"
I mean, you can literally just read the RNS. Jesus Christ...
Most of it has been rather conservative to be honest (in terms of ramping).
Fact is that the company has a market cap of 3.5 million, when it has over 6 million of cash coming in, no debt, cash in the back and a gold asset.
Happy to wait a bit longer for it to start moving back to where it should be.
Actually looking at the short position changes quite a few of the big short holders increased or opened around the 3.5p level, so there could well be a few of those with clenched buttocks this morning.