Member Info for Garonne

I fear you could be correct Ade. Bond has certainly convinced many on here that things are going gang busters and I'm guessing he's hoping some IIs will be too! It's just the little matter of confirmation that's missing.

Given AFC's previous form Construct it's entirely possible than none of the things you mention will ever happen! I'd certainly be very cautious about suggesting that everything is in the bag. Remember who the CEO is!

Thanks Beo for your well informed opinion. Let's hope that we turn a corner soon and fingers crossed that the tie up with 3 gets the green light. Good luck in any case.

I'm sure that's not helping Beo. Incidentally, do you see any prospect of a recovery here in the near future, bearing in mind we have Q3 results next week?! Thanks.

Makes sense Beo but the SP hasn't recovered since the Ex Div date. The perception that it's unaffordable I feel is putting perspective investors off as they fear that by paying out this money VOD risk causing more capital destruction, to the extent that it outweighs any benefit from the dividend. You'd think having an 11% dividend would attract punters but clearly the reverse is happening.

Back below 70p. It seems to me that paying the dividend is so capital destructive that it's become completely pointless. We'll get the money on Friday but that will only serve to reduce investors' overall losses. Maybe if the dividend was suspended completely the shareprice might recover as debt reduction could then be targeted more aggressively. Just a thought. I'd gladly trade future dividends for a shareprice above £1!

I note you didn't say VOD, aspers! What about Prudential? Just a thought 🤔

Thanks for posting Mucksy. It all sounds very impressive but remember it's Bond. I thought it strange that ABB didn't get a mention!

Ok Daniel, a bad investment. Very bad!

It all depends what your average price is Daniel. Mines a lot higher than the ex div price! That's what I was talking about.

Where's the bottom though Long? If the results on Monday are poor m, then what?

It's a complete con. You get a dividend but lose X3 in capital!

70s seems out of bounds for VOD. Last week's high hopes undone and looking like the same old here. God help us if the results next week are not stellar!

I hope you're right Construct! How long do you think they'll play their cards close to their chest?

With all this activity ongoing Construct, you'd think there'd be at least a smidgen of news to report, wouldn't you? How do you explain the protracted silence?

The cracker doesn't crack ammonia to 99.99% Construct, it has to go through a purifier to achieve that figure so I'm not sure what's so ground breakin about AFC's proprietary unit. AFC seem very good at making pronouncements that they lead the world in certain technologies but never actually produce a viable product containing these technologies, to prove it. Think AlkaMem! You could argue that their whole business plan was centred around the successful deployment of it but we all know what happened there. I wouldn't be surprised if this super, duper cracker goes the same way. It's just another carrot 🥕

I hope you're right Construct. Your confidence in AFC's ability to deliver is admirable, considering its abysmal track record of failing to deliver any sales over 18 years, despite much hype, at various stages, suggesting they were nailed on. I guess this time it could be different!

Looks like VOD has sailed back into the doldrums. I thought maybe the news on the commencement of the CMA inquiry along with UK government's acceptance of e& would be positive for the SP. Clearly not by much. Looks like it's stuck here for the foreseeable future. Most depressing!

If we don't get an update on ABB soon, are we to assume that the ABB deal is no more? It's February on Thursday FFS and complete silence! Also, what's happened to the 50kVA unit supposedly delivered to Acciona last year? Investor communication is plumbing new depths with this outfit.

Extreme E used the now defunct liquid cell so I'm not sure about it proving the current tech Construct and your taking a lot at face value if you believe it was better for AFC to walk away! Let's see what happens with ABB.