Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Yes NicName I take your point. It's certainly unethical, but people will also say it's each individual's responsibility to conduct own due diligence.
Who invests in an AIM company with over 10bn shares in issues? Not me!
It's the nature of that funding that is going to deter new investors like me.
Non-dilutive? I've heard this before!
TwoGood2Die - I agree with your sentiments.
I'm opposed to the shareholder capital return for the reasons you've outlined.
It's a total gimmick, which goes against shareholder interests.
It was really strange that they tried to frame the disappointing settlement as a positive then said as a reward for shareholders, they'd crash or subdue the shareprice with a capital return.
As for commercial partners, seen it all before.
They'll most likely fade away.
To those in here now, you should have sold long ago.
This is going down for a while yet.
If you remain in today, you got caught. This was pure hype.
No point in sticking around.
How much cash is in the coffers?
I haven't seen a raise for a while.
That seems imminent and inevitable, despite the good news
I WOULDN'T WANT TO BE OUT OF THIS SHARE IN THE YEAR 2050!
SHARE PRICE 160P BY 2050!
GET IN WITHIN THE NEXT 26 YEARS WHILE YOU STILL CAN!!!
If they pay a special divi and you're in the higher tax bracket, that's pretty rubbish then.
However, not if your shares are in an ISA!
Brian will deliver another disappointment and try to frame it as a positive and in line with market expectations
I've asked if I can buy my sister back at a discounted price. I'm awaiting a reply.
I just sold my sister to fund shares here! Buy buy buy!!!
This seems to just be very unloved after the shock of the £4m placing.
Nothing I do or say will change sentiment, it's just a case of hold and hope for me!
I don't know much about it either and yes I'm guilty of speculating too much.
Maxi19 - In my view, the administration process has no obligation to shareholders. The shares are effectively worthless because the company has announced they cannot continue trading.
A buyer can come in and say to the administrators: "we'll cover your costs, staffing costs etc and take on these listed assets. We assume responsibility for these liabilities." Job done.
The administrators get their money, some staff and other stakeholders will be happy because the process will preserve their ties.
The purchase price is what is paid to the administrators and any other costs the buyer has to cover.
What wouldn't make sense to me is a buyer coming in and saying "we'll cover all of the above and also put in an offer of x pence to shareholders." Why would they do that?
The administrators have control of the company, they've been appointed by the board.
They have no regard for shareholder interests, so an offer to shareholders would be the equivalent of a Christmas gift.
It's not going to happen! Nobody chucks money away for the sake of it.
9p + 3p on completion + 2 x 9p shares within 3 years if targets are met.
It's still a good investment at 10p.
It's not a scam, it's an investment strategy. If you can buy low liquidity shares, convince enough other people to buy after you, surge the share price and exit, you'll make money. The idea that you can do this long-term as Earl and others have tried to seems foolish to me. I'm sure they're boasting huge Yachts off the coast of the Caribbean that justifies their strategy. I never see much come from their hype though. It seems like they flee for break-even and small losses, leaving other to lick their wounds if they bought into the hype.
Imagine if you'd spent the day pumping a share after an update and you know you have 40 minutes left before the share crashes tomorrow.
Theoretically correct, but extremely unlikely
20p for a trade, an investment target is more like 50p depending on the nature of the expected commercial partner.
RUA is an absolute bargain, funded for 4 years, expecting a commercial partnership deal to be announced soon.
That one will take off at some point!