Member Info for grsshaw

Let's see how long it remains around this price. Have a feeling a few will sell out around here, but this will move higher pretty quickly - some new announcements would certainly help a further increase!

Price moving quickly to 23p (and hopefully higher) some positive news and updates would be very good timing please BOD's!

Hopefully, this should move pretty quickly back to 23p - just need some momentum and maybe the investor meet yesterday along with the Capital Markets Event on 23 July might just push this even higher than 23!

Https://tinyurl.com/2o5brbaw

Just thinking about the up and coming Captial Market Event - would IES arrange a meeting, on site in Scotland if there is nothing new to say - Hoping for some updates and announcements pre, during and post the event - but I’ve been wrong before, so who knows. Certainly needs some positive announcements if they are to achieve these higher numbers that I keep hearing about…

I am thinking of attending the event to see what all the fuss is about - probably worth a drive up North for my own peace of mind!

Starts officially tomorrow, and Larry is on first, or one of the speakers, by the looks of it.

I’m being far too positive for IES and I’m hoping for deal to be announced this week while forum is in play plus 5hey also have a tour of the Bathgate arranged on the last day.

Possibly a deal connected to US Vanadium, as they are at the event also. Maybe even tomorrow!!!

Https://www.lse.co.uk/rns/BMN/

Not a great day over at BMN. Maybe IES could save come to rescue and secure Vanadium while they are at it....

I see US Vanadium are also a Platinum Sponsor with IES at the Flow Battery Forum this week....

https://www.accelevents.com/e/international-flow-battery-forum-2024

Wonder if there will be any new deals announced this week?

Probably need to have announcement re director options while the share price is low - fix the price and then watch it fly - ha ha.

Not really bothered either way, I can see this flying following a few updates, especially the forward looking statements at the full year announcements - when investors see the the update's start to come through, I personally think this will fly,

It’s clearly no secret on what they expecting/forecast so if this comes off, or even starts well, then IES will rerate quickly.

Good luck all

Yes, but no guarantees in placing these, it will be interesting to see if they place the other shares as you can buy in the market at similar pricing. If they do, I feel this will provide more confidence that the shares are in demand.

PI’s looks like they want to see where this is going, but plenty of new big money investors now involved, can they attract some PI’s also I wonder…

Have a feeling many may have bought in the market rather than via the open offer, as you could buy at 23p or slightly lower.

In one positive, I guess it means a little less dilution, but also a little less cash raised.

It will be interesting to see how the market responds to this - probably will stay flat until news/updates are announced!

Cerea, I think most of the 23p trades today were buys - I bought at 9.17 & 9.19 this morning at 23p and these were listed as a sell - the down day at the finish looks like it’s a UT, so this should start higher and readjust at the start of trading tomorrow morning.

BTW - when looking at the actual sells during the day I couldn’t get a sell trade higher than £250 for most of the day and it kept going to ‘no trade’ available

Fun and games with the MM’s - no one knows what will happen with the shares once the new shares are listed, but my guess is that it will trade much higher than 23p by the middle of next month. Expecting some pretty quick and very positive RNS announcements - starting first week of June with more to follow in quick succession. Good luck with what ever you decide!

Didn’t really want to commit too much new funds to the open offer, so I have sold half of my allocation on Friday (just above 23p) I will use the funds to buy my 3/20 shares. I don’t think they go much lower than 23p so it’s just a way to take the open offer shares with no cost to me, but IES gets the cash.

I have left the rest in case the share price increases and will sell the rest into this or may even add some short term new funds to trade depending on the share price and my feeling re risk/reward. I have quite a few of these, so I don’t really want to start finding new funds or sell other shares to fund this as it’s quite an amount!

If the share dips lower, I could then use the cash now in my account to buy lower than 23p and then not take up the open offer - subject to time frames…so I’m sort of hedged for 50% at the moment.

I still think this will do well in the short term as new investors can take a slice for just over 23p - FOMO anyone…

I have flipped a few at the start of trading this morning for over 24p and also bought a few at 22.85 to trade during the open offer period.

If the SP increases it might be worth flipping the 3/20 open offer that's available on the rest of my holding, but new funds maybe available subject to where the SP is for a quick trade (good timing re ISA Tax Year to add more funds if required also), but I am happy to flip all, as this will raise new cash for IES rather than sit on the side lines - as long as I sell above 23p to raise the cash needed to fund the open offer allocation. The open offer is now locked in, so this can be managed to take advantage if the share price does increase.

As the % discount is low (compared to some I've recently seen) plus none of the funds are paying back a large debt mountain, I can see this trading up-to 30p a share over the next few weeks. I am also expecting a couple of positive RNS's plus some media noise to help pin the SP at or around my short term target price of 30p.

Seen a few of these in my time and you can trade these when you have an open offer, for new investors or recent investors this is good opportunity to take new shares or increase their position in IES. I have enough shares for my medium term plans so do not intend to add to my holding, but happy to short term trade a few when the opportunity arises.

Once trading and the news has settled into next week (after the UK bank holiday), this is when we will see where this is heading in the very short term.

This could have been much better for existing shareholders, but also could have been far far worse in this market!!

Reset and start again but now with some much needed resource!

I guess IES needed the investor & cash as stage 1 - is the below statement stage 2!

‘In addition to the strategic investors announced above, the Company confirms it is also reviewing a number of potential partnerships concerning vanadium supply, Australian market development and U.S. supply chain.’

Still no debt which is sort of good, but lets see how the market reacts tomorrow and during the coming weeks.

I don’t think I will be putting in any new funds as part of the open offer, but subject to how the share price reacts I may sell some shares higher than 23p to recycle funds to take my allocation. If the market likes this it could offer the chance to reduce your average price without adding new cash!

I do think the market will like this as funding was the real issue for the low share price, not great on the dilution but I guess this depends on your average buy price and the price not too bad % discount for the value raised v the current MC! (but fully understand it’s not so good for the longer termers who bought at much higher pricing!)

If you are ‘assured’ Lamps56 it will be interesting to see how this goes then…

I hope it doesn’t end up being taken out, I just have a feeling it will!

I have been in and out of this share since Redt days - even went to a one of the AGM’s!

I have been in and out over the years as things kept changing and I have mainly timed my purchases and sells pretty well so far…

I have a considerable holding in IES so I really don’t mind what happens as long as it’s positive TBH!

Keep it up Lamps56 and please provide more insight to the share price movements, we need all the help we can get here :-)

Personally, I have a feeling IES will be taken over - hope I'm wrong, but at this price, its a steal for a US based company to steal this from under all our noses!

NicetoMichu, I wouldn't totally agree with your point on reducing bargaining capabilities as negotiations have supposedly been ongoing for some time now. I would hope these strategic investors will be looking at the bigger picture and not looking at making a quick profit.

With small companies that are cash strapped and full of debt already and with just RNS stating 'we are in active negotiations to raise fresh funds and restructure debt' are the ones that I worry about. Although the SP has taken a knock (not the only company to be fair!) I do feel the business fundamentals are very strong in a very high/fast growth potential global market - especially with Mistral just about to be launched to the global market as well!

Yes, the high cost and spending is a concern, but if they slowed this down tight right at this (supposedly) sweet spot, some would say they would lose potential new business.

Clearly from the RNS, they have a focused strategy on how IES will set up the new structure re Home v licencing and royalty-focussed growth programme in other markets.

Anyway, I do like some of the confidence speak...

'will materially enhance the Company's business and reputation in both the UK and internationally'

'generate significant cash flows as it grows globally'

Let's see, but I feel confident that this will be worth the wait!

I see the buying this morning is not moving the SP either, if this volume were sells, based on recent history, the SP would have crashed by 10% to 15% - so why not the opposite!

I am hopeful that a large dilution will be avoided and IES will negotiate a mixture of debt in, addition to raise some funds via a possible CLN offer (with hopefully a much higher SP if converted)

Didn't the last Share tip from The Times mention that IES would have debt on the books in 2025?

I know this is very frustrating, but I remain hopeful that whatever they are working on is pretty big for us SH's. The bigger the deal/s, sometimes the longer it takes.

Lets see how this one plays out...

The main benefit here is that there is no existing debt to restructure or take into account.

Good news yesterday, feel this won’t be the only news to be announced in the coming weeks on the back of the Mistral update…

Raising funds concern - my bet is it will be a range of finance options that are available (subject to level/amount of finance they may need in total) and any short fall they could still take a loan, even convertible loan notes at the final stage if they are close to break even and new flow/contract wins are positive. They don’t need to raise all the money in one hit - they can manage this subject to contract wins as they trade along. Feel they only need enough to trade until the end of 2024, and by that point, the SP maybe in a different league altogether if news flows as expected.

There seems to be lot of investors on the sides lines waiting for the funding situation to be resolved before coming back in. While cash is of course very important, I feel that the majority staying away are too focused on this and this is blinding them from the very strong current and future fundamentals of IES, especially as to where they are positioned globally. More importantly with a no debt hangover to worry about and they seem to be in a sector that is just about to offer substantial growth makes you think why this is priced as though they are in debt in the high £millions

Following the news yesterday, the SP may just start to slowly edging up each day and catch a few out. I still have a feeling this maybe taken over due to the no debt position and what they have managed to achieve to date, but more importantly what this sector holds for the future.

I personally hope it isn’t taken over, but I feel it wil if the SP remains at this level…

Good luck all!

All very quiet at the moment!

My gut feeling is telling me that something may happen in the very near term and that IES may be taken over, but it feels a fundamental change is going to take place very soon - maybe wrong of course...

Not too worried about the cash situation at this early stage, there is always an option to arrange a loan if required. Good thing is that IES have no current debt, so in a much stronger position if a loan is one of the solutions - didn't the recent Times share tip predict IES would be in some debt later this year.

Lets wait and see....

Https://assets.publishing.service.gov.uk/media/6560b0920c7ec8001195be01/uk-battery-strategy.pdf

IES - page 26

Case Studies 1 and 2: Examples of longer duration energy storage demonstration (LODES) competition winners

Invinity Energy Systems

Invinity Energy Systems has been awarded £11 million for the VFB LEAD project to build a longer duration, large-scale vanadium flow battery (VFB) that will be deployed at a key node on the National Grid.103 The battery will be the largest ever manufactured in the UK and will perform a broad range of grid balancing services, providing vital flexibility to the electricity network, and supporting the buildout of renewables. Invinity will manufacture the VFB at the company’s factory in West Lothian, Scotland and the project is expected to go live in early 2025.