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Tue, 4th Feb 2020 15:48
RNS Number : 9557B
Highway Capital PLC
04 February 2020
Highway Capital Plc announces that it has received notice from Nicolay Mayster, a non-executive director of the Company, of the conversion of £95,000 of outstanding debt into ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of 5 pence per share.
The Company has issued and allotted 1,900,000 new Ordinary Shares in satisfaction of the conversion and application has been made for these shares to be admitted to the Official List on the main market for listed securities of the London Stock Exchange with effect from 5 February 2020 ("Admission").
Looks like something is happening here soon-lets hope so!
Excellent news and should be a lot more to come. Also this is providing brilliant publicity and credibilty for Westminster itself and for what they are able to provide. This should give them multiple opportunites over the globe. Bring it on.
Immupharma up 280% today on news of a deal shows how share price can respond to a deal in the pharma market
If Futura can get a deal like this on release of December Phase 3 results this sort of share price rise that can be expected.
Roll on December.
Very interesting
https://www.graphic.com.gh/news/general-news/gpha-to-handle-20-of-cargo.html
Investors now waking up to the potential here
see my post on wed below
Wed 12:51
Price: 1.60
Strong Buy
LOOK AT THIS-- AN ABSOLUTE BARGAIN
RNS Results out
6 months profit £1.2 million
Cash in bank £6 million
Assets £10.2 million
Market value @ 1.6 p is £9 million
So asset value is less than share price,with £6 million cash and 6 months profits of £1.2 million. (2.4 £million per annum say)
Octagonal should be rated on a share price between 4-6p
Looks like stale holder dumped a bit of stock-this provides a great opportunity to get in whilst this so cheap in my view
LOOK AT THIS-- AN ABSOLUTE BARGAIN
RNS Results out
6 months profit £1.2 million
Cash in bank £6 million
Assets £10.2 million
Market value @ 1.6 p is £9 million
So asset value is less than share price,with £6 million cash and 6 months profits of £1.2 million. (2.4 £million per annum say)
Octagonal should be rated on a share price between 4-6p
Anyone have a view of what the share price will be if the rumour is true ?
("Hurricane" or the "Company")
Response to Media Speculation
Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an update in relation to the 204/30b-4 ("Warwick West") well.
The Company notes the media speculation regarding the Warwick West well. The well is due to commence testing soon. The timing of testing is weather dependent. As such it is far too early to make any conclusions as to the success of the Warwick West well.
An update will be provided once testing commences and on the completion of well testing.
Contacts:
CAP-X has been succesful in winning all its patent copying court cases to date with another one in court soon.
This tells us that they have a winning product that peoples want to pinch.
All these cases that have been one should now be bringing royalties in to CAP-X boosting the coffers.
Results soon should give us a clue also on how well they are doing with their own sales
Their update on 6 th June said
''Further to the Company's announcement of 16 April 2019, CAP-XX continues to receive record interest in its expanded range of supercapacitors and the Company remains in active discussions with a small group of potential further licensees in addition to a similar number of discussions which are at a less advanced stage. The Board continues to believe that further progress will be made on licencing during this calendar year.EBIT and EBITDA for the year ending 30 June 2019 are expected to be in line with market expectations. ALthough revenue will be down ''
No good news priced in at the moment so any good news will see alarge share price uplift from this low level.
Malcy today-
For IGas whilst this is yet another disappointment one must bear in mind a few points, firstly its substantial conventional E&P business which has a a 2P NPV10 of $160m is not impacted at all. Secondly the OGA indicate ‘that susceptibility to seismicity depends strongly on a location’s specific geology with the mere presence of faulting or the parameters of the injection possibly of less importance’ which I take to mean that an area such as the East Midlands, being less faulted could be relatively unaffected by this moratorium.
All will unfold and the OGA, which will add more evidence in due course, has plenty more to say in this debate.
For IGas where the shares have fallen substantially this morning putting them on a ludicrous discount to core and deliverable NAV.
RNS TODAY
Commenting, Stephen Bowler, Chief Executive Officer said:
As announced, following interpretation of the cores at Springs Road in Nottinghamshire, we know that we have a significant recoverable gas resource in the Gainsborough Trough. Following interpretation of the cores taken across the 500m Shale horizon at Springs Road, we estimate that there is 630 Bcf of gas in place per square mile, and if applied to our entire acreage in the East Midlands, this would equate to 270 Tcf of high quality natural gas. At expected recovery rates, this would equate to satisfying up to 19 years of the UK's gas demand giving this country both energy security for years to come as well as providing billions of pounds of investment into the East Midlands and the creation of thousands of skilled jobs.
We have confirmed a world-class resource at our site in North Nottinghamshire and remain committed to working with regulators to demonstrate that we can operate safely and environmentally responsibly as we have done for decades. Each site and basin can have substantially different geology and we continue to analyse and understand the data available to us.
Well IGAS is not just a fracking company it supplies gas throgh natural gas flows from a number of sites acroos the UK this drop in price is a bargain as the massive possible fracking gain is now in the price for free, in fact on its current operations its half the price it should be -expect a jump after the press panic.
Well it looks like the tree shake is over after Simon Thompsons comments
It is amazing how a single comment can scare investors so much.
So know we move towards the trial results in early December-so not long to wait.
We are also expecting the pain relief product approval early Jan.
So one hell of a lot of news due in the coming months.
The share price will rise as these events near, as if positive there will be a huge rise in the share price far exceeding recent rises and it will be all over the press. Its also quite possible that before this time it will be tipped in the press by someone else.
At this low point I have added to my holding as its a great gamble, I would reccomend all to do.
I am surprised that share price has dropped on news of the trials successful conclusion.
Clearly the results of the completed trial are already pretty much known already as they wouldn't be bothering to do a further one if it was a failure.
With the details of the trial results only being published in December this gives plenty of time for any analysis-- plus time for a deal to be negotiated with a big pharma who would obviously have access to them before they are published.
Futura has limited cash for the next trial so my view is that the GAME PLAN plan here is for a deal to be made with a big pharma based on the trial results just concluded - they would pay an big upfront fee for the rights and then royalties once they proceed to manufacture.I would expect the Big PHARMA to pay for the final trial as well.
This has already be eluded to by Futura as their strategy a number of times.
So what next-I expect that when the results are published in December we may well have a deal announced at the same time, if not shortly after.
So to be sure of a great share price rise you need to hold or buy before December as Brokers reckon
price should be minimum 60p and an upside of 120p +plus (a 4 bagger)
EVIL KINEVIL (Simon Cawkwell) who tipped this on Master Investor
- 07:27 - 3334 of 3352
0 1 1
Gentlemen,
I am not sure where this goes on today's news. But 200p is not impossible....
Simon Cawkwell
Well what I said last week about a settlement has actually happened. Anyone investing when I advised last week has made a quick few bob.
Lets see how much cash we now get back and/or this could be a well cashed up shell for someone . With massive losses to use up-maybe a bid coming , lets see whats next in this saga !
Well with the Watchstone (QUINDELL) court case starting next week its time to take a gamble-you could win 3 times your money our lose the lot. I'm betting on a win.
Or maybe it could be settled before the case starts-that would be something-lets see.
Trousers getting Browner by the minute-time to get out shorters or you'll have no trousers at all by midday tomorrow and no shirt either.
This will be going up tomorrow like a train as shorters reduce in panic.