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Thinking of topping up myself Phat. We have at least 2 major chunks of positive news before yr end (main market + Electrolyser). Just waiting to see how other stocks in portfolio stand early doors. This silly low ball price @ £5.36 cannot be ignored.
Make hay while the sun shines.
Damers.
Benefit of moving to the main market:
'For the company itself, the increase in passive investment by tracker funds, and the stronger reputation of the Main Market amongst US investors is expected to improve liquidity in the shares. April 2021 was the third consecutive month of net inflows into passive products, with investors pouring $105.37bn into ETFs and ETPs according to research consultant ETFGI. Similarly, the Main Market can provide access to a deeper pool of capital to fund further growth.'
I see a lot of funds wanting to jump on board both due to the Eco credentials + business model with low overheads & huge potential uplift.
From these levels I can se a 50% - 100% uplift in the SP once the move is made.
CWR will not delay (as there is no reason to), so hopefully we can see some action by end of September at the latest.
The Futures Green.
Damers.
An interesting day ahead folks. S&P 500 up +1.46%, but it did drop from highs earlier in the day.
Now the Fed has declared 0.75 percentage points interest rate hike hopefully the markets will settle down, but who knows?
A blue day would be nice...............
'Against a backdrop of steadily worsening inflation, the Fed’s Open Market Committee is expected to raise interest rates by a full 0.75 percentage points at its meeting this week – the first time it has increased rates by this amount since 1994'.
This will not help our cause..............
https://hydrogen.live.ft.com/home
Phil Caldwell will be speaking................
You may have spoken too soon Phat. However, I am pretty confidant we are near the base. I could see it go to £4.50 but any lower would be bonkers IMO.
You haven't heard any murmurings regarding when we are going to float on main market by any chance? - when that happens we should expect a 50% boost at least (if still at these levels).
Also, once the Ukrainian war ends we are going to get a nice lift (that's if China doesn't invade Taiwan in the mean time!!)
Damers.