Agree with you Stumbler and have been trying to figure out the the phrase;
Big big potential but potential don't make money.
Surely the whole point of potential is to realise it and make money? If you wait for the potential to become reality, you make less money as the share price has already increased? Maybe there was more to this, and maybe I'm overthinking it
I learn far more from your reply - seriously Jack, it's business. I'm not trying to anger you, but there's a much bigger picture and although it seems tardy and grubby, alas its also part of the way of getting things done. I'm not the architect, just a realist.
Sorry Jack, you seem to not understand how politics works both nationally and internationally. PHE has ambitions to trade worldwide. Before you come screaming back at me, I'm a qualified economist and do this for a living.
Tim YEO ( Ex-Conservative minister ) is a well known@campaigner for Green Energy over the past 10-12 years and both the business lobby. CBI and Politicians at Westminster listen to him when he talks about Energy policy. He has been in Private Sector as Chairman and NED before almost always in Green Energy companies. This is another positive milestone in the long but certain road to huge success for #PHE - Well that's my view anyway, try not to let your personal politics get in the way of what is a transformative company.
Stokey, he's a Tory m8, and the old boys club will grease the wheels as whatever your politics are, next 4 years are a Conservative government, and when they finally get round to the Hydrogen strategy in 2021, bet your bottom dollar, Tim gets to whisper words in the lobbies and tea rooms.
If you are going to move on, do so - its a free market. However, you need to consider the bigger picture and not just concentrate on Tim Yeo being everything he's not. On the flip side, he was trade secretary in Majors government and will have made both contacts internationally, understand etiquette in international trading and has experience of trading in a government who was transitioning into the single market - worth knowing as he will get the challenges that Brexit brings to international deals.
Abdalian and following up on Stokey's clarification here is the term for the recent warrants;
Grant of Warrant to Peel
Under the terms of the Subscription Agreement, Powerhouse has agreed to grant to Peel a warrant to subscribe for 371,510,069 new Ordinary Shares (representing 10% of the Company’s issued share capital immediately following Admission of the Placing Shares) ("Peel Warrant"). The Peel Warrant is exercisable (in whole or in part) within 6 months of financial close of Protos, subject to a long-stop date of 2 years from the date of the grant. The exercise price of the Peel Warrant is 2.75p per share (being a 10% premium to the Issue Price). Peel will be prohibited from trading shares issued upon exercise of the Peel Warrant for a period of 12 months from the date of Admission (subject to customary carve-outs).
So to get hold of these, PROTOS is working as I understand it, and if they take them up, they cant trade them for 12 months. Great way of getting PEEL more skin in the game and clearly getting Allan Vlah on the BOD is having some really positive results.
I think Shady, it's more market forces, you can choose with the DMG process to generate electricity, produce syngas, or turn syngas into hydrogen - so it plays out for the need of the actual base of where the DMG is placed. So for something like an Indian setting, they may choose electricity as the best use of the output. Now that W2T is fully integrated, I think the White family have really been pushing the H2 aspect, and so I would probably guess this is the strategy change and they will look to promote this as the default, however I'm sure they will also be sensible enough to do the DD and work out what the infrastructure demand is for a particular country. That's not to say an individual DMG unit couldn't be changed if the needs of the specific country change, so we may see DMG for electricity, and as a nations H2 infrastructure comes online a change in delivery output.
RE: If it’s all good... whys the SP dropping??15 Sep 2020 10:46
I think if you look at most H2 stocks, EQT, ITM, AFC, CERES etc, it's a common pattern last few weeks. Too much attention is on COVID and we need a real Hydrogen strategy. Boris has talked about it, but it's still light on detail compared to the likes of Germany. The way I look at is, we are in the first stages of this industry, and if you can afford to be LTH, don't panic, buy and get a position and then stick them in the draw and forget about them for a few years. You will be very glad you did!
RE: If it’s all good... whys the SP dropping??14 Sep 2020 09:55
Tyson, I think it was a little hype at the time, Zak Mir had put a couple of board heroes and it fluffed it up a bit along with other chartists. I do think though it will be back at this level fairly soon but on the back of this news and AGM.
RE: If it’s all good... whys the SP dropping??14 Sep 2020 08:46
It's not, if you had invested 1 year ago you would have got in at .39p per share. You could make the argument that all shares are falling if you choose to look at a time interval where the SP has gone down. DYOR, there has been a lot of news recently and its all pretty good, nothing rises in a straight line.