Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Still too many question marks outstanding for me to consider investing, even after the placing. Until they can demonstrate they have a handle on the issues at hand and won't require further capital raises, I will hold off. I have seen too many of these companies burning through cash without a handle on operational management or cashflow
These data packages are due to be released shortly.
New Edison note below.
https://www.edisongroup.com/research/more-to-come-in-rnai-therapy-discovery/32906/
The next 12 months will likely be key for proving whether they will be successful or not..........otherwise they may need to raise further funds
Be very difficult to regulate that
Sorry I don't believe in witchcraft.
And Wizz have undeniably made mistakes (hedging being one) but they are far from the only airline to have done that. Norwegian to name another fell foul of that.
The industry is notoriously volatile, and the present geopolitical challenges exacerbate that. You only need to see the number of airlines that go bust or need bail outs to understand that. There's a long list, even in this country - Flybe, Monarch, Thomas Cook
Ryanair benefit from first mover advantage and have established themselves in key markets. Wizz are a challenger and are rapidly growing but don't have the same benefit. A large portion of their business also have a different demographic - eastern europe is less affluent than western europe. However, none of that puts me off
Some chunky buys too.............this SP doesn't half move quickly so strap yourself in for a ride
David - the difference is explained in results. Do care to read the RNS.
In response to a previous poster's question on net debt - this is broadly unchanged at £3.9bn, but there is a £500m bond which matures in Jan 24, which they will be paying from the £1.8bn they have in cash.
Results were fine, next 6 months critical to navigate, particularly from a geo-political perspective. If things settle down, then we should see a significant re-rate
No chance of an equity raise at 15p, that's over 10% premium to current SP and the markets are dire, particularly for those seeking capital raises with current interest rates. 10p more realistic and that's if the SP doesn't fall further
Agreed, was better than expected and H2 certainly seems to have been more stable. Some forward guidance would be useful, but I'm surprised the SP hasn't reacted more positively. Nothing seems to shift this SP it seems!
Yeah agreed. This share has been on my watchlist for a while but I have held off because it’s always challenging scaling up a business, particularly at the pace they’re looking to. And some people may be out of their depth.
Feel sorry for shareholders enduring this pain but it looks like it’s going to get worse before it gets better (if it even does). I will continue to watch and monitor but it’s not an enticing prospect to invest in atm