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Are leakers being kicked out?
Morning drop was due to Metro suspending its bid to secure regulatory sign-off on risk models. Apparently, less beneficial now.
What this RNS does is provide some clarity as to what is happening in the background and more importantly, reduces fear factor, which is something that had been benefitting the shorters.
Board should be stripped naked and made to walk through the city due to the shameful delay in communicating with private shareholders.
The price action and financial position clearly indicate that there is some form of refinancing being worked on. These refinancing events hardly tend to favour the existing holders; those believing otherwise are wishful thinkers and purely burying their heads in the sand while the inevitable awaits.
This will only shift once volume arrives. When it does, move will be prompt and sudden.
This will only start shifting once volume increases. Will be a domino effect.
Was going through the subsidiary accounts and this does look extremely undervalued, esp once QRO is taken into account. One of the major shareholders has increased their holding recently. Quite a wide spread though.
Seems an attempt to pump up the share price prior to an equity raise.
Bank facilities extended to Oct 24 while company expecting neutral cash flow for this FY. Credit market unfavourable in that period. Reckon they will need to raise to get breathing space, amount TBD
Another all time low. Absolutely disgraceful for the directors.
Worth nothing that the company has close to £5million in financial assets. MCAP is significantly less than that at the moment, so clearly undervalued. This could easily return to double digits if they were to announce a new contract.
Maybe Bernard has to rethink the team around him.
Contributed so much to the sector but looks like he will be remembered for what seems to be complete collapse of Plexus. Shame and what a way to end someone's career.
More jam tomorrow from PFC, while debt pile increases despite recent equity raise.
Sack the directors.
The directors of this company should be sacked, based on share price performance.
Study lead author Lindsay Krall, a former MacArthur Postdoctoral Fellow at Stanford University’s Center for International Security and Cooperation (CISAC) said: “Our results show that most small modular reactor designs will actually increase the volume of nuclear waste in need of management and disposal, by factors of 2 to 30 for the reactors in our case study.
“These findings stand in sharp contrast to the cost and waste reduction benefits that advocates have claimed for advanced nuclear technologies.”
This study could have major implications for Rolls-Royce, which is looking to develop its own SMR that can be easily mass-produced in factories.
THE Government could be forced to spend hundreds of millions of pounds in an effort to tackle a key flaw of Rolls-Royce reactors.
Disgraceful from directors, always blaming external factors.
Juicy salaries into their pockets.
This is not good, not good at all.
Only people making money here are the directors with their hefty salaries. If the brand were as strong as they claim, you would expect the bigger players to have swallowed it up, especially at current prices.