Member Info for DD77

That is the whole point of money laundering and how money changes hands so it becomes so webbed that it can’t be traced. It happens a lot more than people think - you only need to look at the entities residing in places like British Virgin Islands. And no I haven’t missed out, I bought in at 6p and have since averaged down to a similar level as this. I’m pleased with the deal but pointing out some uncomfortable truths. HTH

I don't want to cast aspersions but aside from the fantastic deal that Tony has negotiated here, remnants of the deal did make me feel uneasy. Anyone who has watched Ozark will have had a glimpse of the murky world of money laundering and Aeturnum's previous, together with acquiring an Indonesian shell company, with that shell company subsequently acquiring Aeturnum's trading commodities business, which was under suspicion. All payments subsequently being made from this Indonesian shell company.......maybe it's all for tax reasons or maybe there's more to it.

Thanks Michael, I certainly intend (and need to) do further research here. I was about to buy when Myles bought in the other week and thought I missed my buy in opportunity but surprised to see it fall back to this level and it was too good to miss. I'll be adding more in due course. I like these new energy plays, am also in PHE, EQT and SAE, having recently sold out of CWR having doubled my initial stake

I pick the Broker's target :)

Do you have a problem with CAPS LOCK AASHTON? :)

Oh, and my buy is showing as a sell.............I always thought that was a myth when people used to say that on here but I now see it's true!

This has been on my watch list for a little while, even before the placing...........now have some spare capital and feels like a good entry point. GLA

What a waste of time and money that exercise was then..........

ODX valuation is so detached from reality it's unbelievable. 175k orders..........

At least it shows the potential for GDR when orders land. If GDR was involved in the UK govt process, this SP would be 5 times higher than this. However, there are big markets abroad for GDR, which a lot have overlooked. We'll have our day in the sun soon enough

Let's be honest, 2p is a pipe dream and detached from reality. MOS need contract awards and revenue streams to effect a re-rate

Thanks gspanner, I appreciate at least 1 reasoned response anyway.

With all that EQT have in the pipeline, there is no way they have ability to put skin in the deals for even a quarter of those. Now we don't know the likelihood of success, which I imagine is what is holding the company back in valuation vs peers, but it also begs the question on funding. Palumbo rightly wants to obtain the best possible return, which means putting capital up front. However, that impacts cashflow and bank balance. So they either need to be extremely selective on projects (perhaps that is where Wood Group come in), or they need additional finance through bank/credit facilities or do a further placing. If they are selective, then it limits growth in the short term. SAE reached a debt financing agreement with Hana Financial Investment Co, so I wonder if EQT are looking at similar structure.

It's been a busy week or so for me, so only just catching up with the latest from last week. Broadly positive although I would like to get an insight into likelihood of success of the pipeline. For me though, the biggest question going forwards, particularly as they're looking to put skin in the game early doors to seek greater project returns, is how are they going to fund this?

The £10m raise won't stretch very far, so will they tap investors again or seek external finance? I'm interested in topping up further here (initially invested at 0.35p earlier this year) but would be interested in hearing more reasoned posters thoughts on the financial matter

Just going off the historical movements in the chart this year. Shares rarely go up in straight lines............i'll be back, don't worry :)

Clearly you didn't see the presentation I posted Mark, if you did you'd realise that isn't the case.................it's a bit childish posting such nonsense on here, after peddling Open Orphan so much. Just because someone has a different view than you on that bb

I've just sold out of Ceres now, having bought at £3.53 earlier this year. My only regret is not buying more. I'll be looking to reinvest when this SP dips again though, as it is prone to. GLA

£140m market cap for a company that is only just turning to be operationally profitable. Fair play to those who bought in at a low price, but this is a good time to exit

Gaining traction again today, plenty of buys going through

I would agree with the valuation of ITX. Xeros is further back in their path to profitability but I do think it has greater potential in terms of profitability which justifies a higher market cap. Either way, they’re both great companies for the future

Congrats Chilting, my average is 2.25p here........although that was an initial investment and I could have averaged down in more recent times but decided not to (perhaps wrongly). Your tale reminds me of mine in XSG, another former Woodford share. I bought in at £2.00 and it went upto £3.30 but it's been diluted a lot to now 1.5p. My average is still 7p, despite having sunk lots in but similar to here, it's now at the stage where it's turning to profitability. It's an interesting environmentally friendly company utilising polymers if anyone is interested............not trying to ramp another co

This is gonna blow harder than Katie Price