Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
As a sell , surprise surprise!!
Sock it to ‘em Sir David
Reading the annual report the small print at the end of the accounts does state a number of caveats and points out the financial forecast has been prepared to adjust to risks and uncertainties on a worst case scenario. There are no assurances that commercial agreements will arrive but the company believe it will be able to enter into new commercial contracts. So seems as if The Times picked on these statements which for any AIM company would be a norm surely as investors understand the higher risk involved in these types of investments.
Was the Times article on Saturday a briefing from the post results QandA session as it makes rather worrying reading? The comments re cash running out and ability to continue were not attributable to the annual report but I assume in a comment from Lord Drayson subsequent to them being published??
The question I raised at the AGM re the lack of interest/news in the Chine tie up of a couple of years ago seems to be answered by the concerns now expressed by politicians and others and Neil’s answer. Does it mean that the involvement is now a non event because of govt pressure? Was the recent loan from UK a sweetener to compensate?!
We may have technical and environmental advantage here but would expect manufacturing to be done in India China etc if the development and roll out were successful. Here’s hoping!
Who saw Renishaw another family/ethics type company have taken themselves off the sell list as can’t find vs a suitable bidder. Ken would be proud of them!
Well seems like their is still life in the old dogs perhaps Morrison’s will similarly take a similar view after pressure to not sell investors short?
Any views on the shareholder revolt re directors bonuses??
Ooh painful drop. Despite the quality of the company potential buyers getting cold feet with the conditions attached and prob can’t justify paying that sort of premium. Hopefully the co or parts will find the right buyer at the right price.
Sad but inevitable news but probably the only way to go for this successful company with the ages of the finders and major shareholders. Let’s hope it stays British and I have no doubt it will not be sold to the highest bidder but one who can sustain the ethos of the company. We don’t want another Cadbury’s!
Great news re approval . Are we selling this to the NHS or receiving a fee each time it is used? As it was developed in partnership with certain hospitals do they also benefit or are the NHS trusts involved already invested in Sensyne?
There is a little debate starting on the Directa page about the comparison or not with Versarien. Interested to widen the view to this page and get opinions.
It may be not a question of either /or but having both!
I too have shares in both Directa and Versarien. Longer association with Versarien and brought Directa after seeing its similar involvement with the wonder product. Enthusiasm for Vers got out of hand me thinks with the China development and multi engagements with a number of companies developing uses for the material. The production of a medically ? approved mask was a lucky break and will produce some revenue hopefully and wider awareness of the properties of this wonder material. Investors buying in at over £1 will obviously feel peeved and some nervous ones will cash out if they break even. Directa has I think not run away with itself in investor enthusiasm and investors may not feel so hurt at expectations which have perhaps been more tempered at Board level even though Italians have with respect the reputation for being quite excitable!
Many investor platforms have given NR a rough ride aided by frustration they are not making profit on their investment but he seems a decent enough guy just trying to do a job in which he passionately believes. It’s his baby so to speak and hopefully he can nature it to a fully fledged adult company which the UK can be proud of.
Directa despite being based in the EU with all its regulations seems at the moment to be more flexible and sexy in it’s approach to product development and has a market on it’s doorstep.
Is this developing into a Brexit/ non Brexit debate? I hope not because I hope both companies succeed and help in some ways to help our planet through it’s current and future problems.
Does anyone think they are talking to each other? Some tko/ mergers outfit may at have cast an eye at them to see if they could make more money together than apart and reduce possible individual take out by the big boys .
Thank you does it also mean you need less people possibly with technical skills to actually read and present the test results?