Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We’re up 20% last 5 days and been some strongish buying so perhaps the imminent and expected news we’re waiting for is incoming and a scallywag or two has got an early heads up!! Great to see the SP moving up but the real climb hasn’t even begun yet!!!!! GLA
Could easily be another bidder come in for DT as is the case with AA after BHP approach and that could well be the case for any additional UK stocks after an initial approach is made given the steep discount and favourable FX position in some cases. UK plc is ‘for sale’!!!!!!!
Until a said majority of Shareholders approve and offer, no deal is set in stone. Directors have just negotiated, agreed and are now recommending that deal to Shareholders to accept but doesn’t mean they will. Highly unlikely as it’s a first formal bid from a single party so I’m sure others will be interested. Live Bid price on LSE has hit and is hovering near the offer price so strong consensus is that a higher offer may well come
All UK companies lusted on LSE are generally cheap and trading at 40% discount to the US. Add in the FX strength of dollar it makes UK listed stocks ripe for buyouts. Best place to have money invested is UK plc because of exactly what’s happened to DT and AA with BHP. More to follow - BP could be a big one!!!!
Reported on Bloomberg
IES can only be sold with a said majority shareholder approval if and when any bid were to materialise but unless some ridiculously incredible offer were to be made after a strategic partnership is announced, I just don’t see why majority shareholders would approve takeover given the tremendous potential ahead of IES but ‘nobody knows what tomorrow will bring’!
Nobody knows what will happen immediately after partnership news is announced or in the very short term but it is envisaged (and very much hoped!) that the sp will rise significantly. Depends on what debt/dilution company takes on offset against what the positive impact on future sales/revenues the strategic partner(s) will bring
Whilst I intend to invest substantially more in IES, I’ve been invested here since 2016 (previously RedT) and I’m hanging tight until I get clarification and visibility on how any new strategic partnerships will impact current shareholders. Got £22k invested in IES thiugh currently well down on that but I intend to purchase at least another £10k of shares once the news we’re waiting for lands. I said before that hopefully IES can become the ‘ARM’ of the energy storage world with a licensing model and that looks like how it’s shaping up 😁 GLA
Not quite there yet but looks like on track to announce 1 or multiple strategic partners including a Biggy very soon 😁 Historically and in their opinion, can anyone suggest what shape the investment from strategic partners (and subsequent dilution to existing investors?) will look like?
Disappointed no RNS release this week re strategic partners update but hope something is released next week as this is worse then watching paint dry!!!!!!! Just want a ‘blow it out of the water’ RNS so I can go all in on IES and we really see that pivot in the company’s position that we’re all waiting for. Been here 8 years so I guess I’ll just have to sit on my hands for another week or two but come on IES!!!!! GLA
Today is 6 weeks to the day that the last RNS suggested a further Strategic Partners update would be concluded but granted it was an estimated 4-6 weeks for this process to be concluded so I’m hopeful we get a big announcement this week and continued strong positivity RNS’s throughout the year - particularly gearing up to the commercial launch of Mistral.
Spanish Power is almost FREE due to record renewables set by the country with wind and solar so IES tech is a near guaranteed must for anywhere in the world with plenty of sun and wind for sustainable and efficient clean energy storage and longevity. Been invested since 2016 (and I’m not known for patience!!!) but really believe this is the year that IES will transform and the wider market will realise what it has to offer and just how important it will be in the clean energy transition globally. GLA