Member Info for Garonne

Now that would get things moving Seance. Here's hoping!

Let's face it, AFC will have to build much larger premises if they are to ramp up manufacturing of their products to meet demand just as, ITM are doing in Sheffield. To do this they need a big player partner without which I don't think they can progress to full commercialisation. £31 million is not enough to achieve this goal.

See below a recent quote from the Daily mail reference Schroders. Makes me think if they are that good they wouldn't be investing in AFC if they didn't see a profitable future and shareprice appreciation.

"Schroders has overtaken Standard Life Aberdeen to become the UK's largest listed asset manager. The business was looking after almost £526billion of investors' cash at the end of June – which is a record, and a rise of 5 per cent from the end of December.
Standard Life Aberdeen (SLA), in contrast, was overseeing £490billion at the end of April.".

Good advice Bannaman2. Thanks. I just find myself getting so frustrated with the lack of progress on the SP front that I start focusing on the negatives. Maybe I need to stop looking at it for a while!

DJ79, AB's job among other things as CEO of a publicly traded company is to enhance shareholder value, which I accept is intrinsically linked to producing a viable product. It seems to me though that he's going the long way round via massive share dilution to try to achieve this. The market does not entirely believe his predictions after so many false dawns either I feel. Looks like nothing short of a proper commercial deal is going to change that.

Lots of people keep saying that but it never happens at least not in a sustainable way. It's beginning to get concerning. I noticed in his last 2 proactive interviews AB never mentioned shareprice, nor was he asked. Seems odd to me.

Beginning to get the feeling this share is not going to make me rich after all! We never seem to make sustainable SP progression. The way I feel right now, I'd be happy to get my original investment back. AB has done nothing for shareholder value and continues to preside over a dismal SP performance. So much for doing an ITM or even a PPS.

Maybe a social media storm is brewing again! Hope so. We need new punters on board to get the SP going in the right direction for a change.

I guess we must hope that some unexpected good news lands to the detriment of the shorters.

Unfortunately it looks like AB has over hyped the EV charging angle. Based on said hype I was foolishly expecting orders after the roadshow, which was nearly 6 months ago and I think the market was too. Also it looks like the IIs who bought into the placing were not interested in backing us long-term otherwise we'd have had TR1s I think. Looks like some of them at least were just after a quick prophet leaving LTHs exposed to the negative effects of massive share dilution. I hope they're done with that and the £31 million is used to finally produce value for LTHs who are way overdue their just rewards for keeping the faith with this company. That still feels a long way off at the moment. Very disappointing.

I guess without any further news the SP is going to flounder. So disappointing that the extreme e deal hasn't brought lasting relief for LTHs. I hope the market isn't waiting for the solid cell to be produced and sold before rewarding the SP. Surely they can sell the liquid fuel cell in the interim in an EV charger or 2! Let's hope so or the long wait for a reasonable return on investments will continue. You definitely need faith as an AFC shareholder.

They don't like it in Germany. Bombing on Tradegate!

I just hope that LTHs' resilience is rewarded soon. Just when you think the recent good news will carry market confidence the shorters return and the attrition takes hold again. We need more good news to get the SP moving back up. The whole 31 million can't be required to deliver on the extreme e commitment so there must be something more in the pipeline. Come on AFC, let's hear it. Tomorrow a.m. preferably!

I've been keeping my own counsel on AFC for a while but I feel I have to comment on the disappointing SP reaction to our Extreme e news. I know MC has increased but with many more shares, LTHs are not benefitting. Hopefully there's more good news to follow soon to help AB fulfill his duty to raise shareholder value. It would've been good to see another II other than Schroders take the bait. I hope we're not back into a quiet period.

Maybe salaries could be curtailed until we have made the transition to commercialisation and revenues are flowing in. The 30 million must be made to last and used to achieve success. LTHs deserve no less.

Back up to 18p. Could we see a recovery and blue today? Maybe this money will convince punters that AFC can and will deliver commercialisation. Just confirmation of one contract should put us back in the 30s.

"The Company believes that had there been sufficient fuel cell systems manufactured and available for deployment in advance of contracts this would have simplified commercial negotiations and customer decision making"
Going by this, quote muscorum it sounds like confirmation they have no orders due to them having had no working systems to showpiece, so it's clear that the 30 million or at least a proportion of it is going to be used to build working systems to rectify this. I'm sure it's costly building these things. Listen I'm in here at a much higher price so desperately want it to succeed so hopefully we'll here of orders very soon and the fund raise will be seen as a master stroke. Time will tell!

The fund raise isn't linked to sales muscorum as far as I read. When ITM diluted they had sales in the pipeline. This reads like build the thing and hope we can sell it. I really hope I'm being overly pessimistic but 30 million won't go that far when lots of extra staff in the form of newly employed experts need paying. I fear it's a gravy train.

That's the worry, getting trapped underwater for years. I think AB should be forced out as he was clearly misleading everyone about potential sales, NDAs, MOUs, blah blah blah!

15p