RE: Story changing πToday 14:17
This was always going to re rate after the sellers had finished and the Β£5M investment RNS. Mcap still way too low if the company keeps on delivering towards its goal of 300+MW. Next investment being worked on currently with Powertree as per the Sunday Roast podcast...
6 May RNS:
Significant Shareholdings Update:
Β· The Company understands that there have historically been significant leveraged positions in its shares as part of CFD swaps held for underlying clients by each of Spreadex and Cantor Fitzgerald;
Β· Further to the Company's TR-1 RNS announcement dated 14 October 2024, Cantor Fitzgerald has recently notified the Company that the size of their position has reduced to 1m shares or 0.23% of the issued share capital of the Company, down from almost 6% previously;
Β· Further to the Company's TR-1 RNS announcement dated 10 October 2024, following investigation by the Board, it believes that the position held by Spreadex has been closed; and
Β· The Company is pleased to see the removal of these overhang leveraged positions in its shares and believes this will be favourable to the shareholders of the Company.