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Let's hope so, Haggis,. The SP could easily rise 10-15% just to stay in line with the sector recovery. Add in some news and 2021 could finally get started!

CFP, you spent most of last week complaining about how AFC haven't delivered and arguing against those who disagreed. Now you are suddenly calling out people who you perceive (wrongly) to be deramping. Interesting...

Back to AFC, it is obvious that someone has offloaded millions of shares in recent day/weeks but the good news is that this is very unlikely to have anything to do with AFC's future potential and, as I had hoped would happen yesterday, there is a good chance that the SP will bounce up to join the rest of the sector once they are cleared. Whether that will take 10 minutes or days is anyone's guess but the good levels of buying are encouraging, as is the sector recovery (and long may it continue).

CFP, I have never deramped AFC (or any other share) and I would be delighted if AFC follows the sector up. You, however, are a passive aggressive individual and you should wind your neck in..

This is starting to get a bit ridiculous. ITM, CWR, PPS all flying and the US sector looks set to explode. Come on AFC, at least say something to restore investor confidence and to clean the relentless seller!

Good to see Plug closing on a 3-month high. If only AFC would do the same!

I still think it is Schroders selling (as I put in the other thread) but, whatever the case, someone is aggressively releasing their shares onto the market and destroying any chance of a rise along with the sector (both here and in the US). It is certainly not the first time this has happened but that doesn't make it any more enjoyable, especially after the hammering in recent weeks!

Clearly, age has brought neither wisdom nor humility in his/her case!

I have no idea who Willis is but you might want to up your game before trying to be smart:

"Information is correct as at 13 August 2021."

Funnily enough, I checked the AFC website as part of my due diligence...

Given how the SP refuses to go above 46p despite lots of buying, it gives me that feeling that, once again, someone is selling large chunks. I have long suspected that Schroders have been offloading, with them potentially doing this all the way down from 70p+. It looks like my suspicions have been correct as they no longer appear as a significant shareholder on the Fidelity website: https://www.fidelity.co.uk/factsheet-data/factsheet/GB00B18S7B29-afc-energy/profile

If this is correct then they are probably still the seller now but we will never know as they seem to have dropped below the 3% threshold. I have not been a supporter of Schroder's relationship with AFC in recent years as they have IMO been a drag on the share price but, either way, the good news is that more genuinely supportive funds seem to be continuing to buy shares in their place:

For example, Janus still have their 20 million shares, there are now 2 hydrogen funds with 19 million shares each (unless this is duplicated) and Law Debenture are seemingly still buying with 18 million shares (see https://www.lawdebenture.com/investment-trust/nav-and-portfolio-information?wvsessionid=wv227d0f42595c4e83a62a53790d055eb7 for their holding on 8th October).

Whether it is Schroders or not, let's hope these sellers who have plagued the company for months can finally be cleared out and replaced with new longer-term holders.

As I wrote: "It could all change in minutes and I wouldn't be surprised if there is an afternoon recovery but time will tell. We must be due a recovery..."

Why be so pedantic?

Yes, 2% down now despite "buys" being more than double "sells" yet again. ITM is now 9% up!

It could all change in minutes and I wouldn't be surprised if there is an afternoon recovery but time will tell. We must be due a recovery...

It is a bit frustrating to see AFC continuing to drop, especially when ITM is 8% up (and CWR is 2% up) although I have to admit that it is not as frustrating at the lack of substantive newsflow from the company, with or without a "Head of Communications".

Of course, the latter is probably contributing to the former but , with the rapidly growing team, the expected multiple orders/parterships/products etc this calendar year then, surely, there should be a lot to talk about soon. Even an RNS about the new communication policy, now that the head of communications has gone, would be welcome!

DW, please can you remind me of some of those good people who left and who were forced to leave. Thanks. By the way, I am assuming that you are not including IT as you have been very critical of him on numerous occasions.

At least we know that Tom Pollard is still there! Maybe this is the social media storm we were promised last year...you need to see the funny side sometimes.

"Wishing you every success with your new venture Thomo! ????????"

Typical, an AFC employee wished him luck as I typed!

Anyway, given that his appointment was officially announced weeks before he started, let's see whether AFC reacts tomorrow or stays in cloaking mode.

FWIW, he has protected his Twitter account so I wonder if people were reacting on there. I also wonder if anyone at AFC will comment on his LinkedIn post- nobody has yet, whilst a few from his last employer have already, amongst others.

Cheeky, we will probably never know what the real situation was but my guess is that the job didn't work out for him as expected and that AFC also didn't think that the role was working.

Ultimately, the share price has halved since the appointment, despite the capital markets event, the private investor sessions and all the attempts at PR. Not a great optic from any angle, regardless of who or what is to blame. Perhaps a successor can come in and oversee a reversal in fortune.

Who knows, perhaps the recent director buys were a farewell signal to show that the directors are as frustrated as us. Onwards and upwards, hopefully.

It was certainly a strange journey from dream job to sudden leaving announcement within 10 months. AFC doesn't generally seem to have trouble keeping key employees so, maybe, there will be something positive to come out of this. Perhaps they will just start to use the consultancy firm properly instead.

Each to their own, BB2, but the combination of personal experience and the company being far from communicating properly mean I will not miss him. Nothing personal and, as you say, it could be more to do with AFC itself but, either way, change was needed, whether via him or someone else.

No, I am not, BB2. In my personal experience, he went from being initially diligent and helpful in his communication to evasive and, finally, elusive.

On the assumption that he had a notice period, it will be interesting to see how the company deals with this, as well as the conference cancellation, the falling share price etc