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Very bullish sign

Bit of desperate ramping from ALRT side.

This is a tiny company, they only have to publish total exemption full accounts

https://find-and-update.company-information.service.gov.uk/company/07314773/filing-history

Looks like there is a very big risk that PDL equity is going to zero.

With Finsch gone, a 1/3 of the business is gone. Run-rate revenue is now just over $100m and loss making. There is no way the remaining business will support $350m of gross debt.

The company will need new cash to fix the lack of liqudity and cure issues with the bank.

So far not a word on GBA development

Being sold down, now 1.088. This will likely get pushed sub 1p.

What part of the presentation was impressive? That they tried to make you think that you were watching a spy movie?

Nice touch with the text in the beginning of the webcast being written like it’s from Spy movie

They are uploading a longer verion, just a bigger salad

Was that all? 8 min of nothing.

He even spent every woke moment thinking about their customer. LOL

The new CEO taking word sallad to whole different level

As I suggested

"The Company also confirms it has been engaged in discussions with certain existing shareholders and prospective new investors regarding a potential equity capital raise to support the next phase of technical and commercial development following completion of the FAT. In light of the incident during testing, these discussions have been paused pending greater technical clarity. As a result, the Company has a constrained working capital position and the Board is actively evaluating potential funding and strategic options to resolve the immediate liquidity requirement."

When flagging for equity raise and ppl think its a decent update, its grim.

"As previously announced, the Group requires short term funding and the Board is actively exploring a range of financing options, including by way of an equity fundraising"

2p placing? Or lower?

They had a meeting at 3 Whitehall and after taking a photo on the sign, started to think lets take a 6 min walk to 10 Downing Street and take another photo. Put that on X. Next week I m waiting for the third photo from Buckingham Palace.

https://x.com/energy_pathways/status/2059523461450772970

A theory why the spike is so strong today, could be that most of the bigger investor are inside for a possible raise as we know that they are tight on cash. Turner Pope did this 23 page piece 22 April and they rarely write so much unless they think they can be part of placing.

Its a theory.

Its $11m not £11m

The stock should trade at around 3p with $11m in cash. Most cash corp trades even below the cash value.

Is there a Telegram group for this stock?