Member Info for gspanner

All the vultures out here I see. Reminds me of ITM before the tie up with Linde… Play the company not the crowd….

C909

It’s an interesting point, and you may be right but it’s a learning curve and given the plant is essentially pretty similar to the Italian one, I would hope for some streamlined snagging for the next one.

All of whom should have been wary of the negative sentiment following the options (albeit shocking) news it seems….

Apologies, I’ve mentally siloed the big projects! Proof on concept needed before anything of that magnitude happens sadly.

So I think the MMs are significantly short here following Mondays rise where they position was started thinking there would be a much bigger sell off when the Billingham news hit. Only there wasn’t because nobody expected Billingham to happen. So now they are killing trading to stop becoming more out the money. If anyone wishes to pay significantly above the offer (and force their hand) we may well see.

I did just put my holding on a limit sell above 0.45… Just to check my nominees weren’t lending them…

Well I just started to try to buy 1m, ended down to 100k, no trade!

JTT,

Screening is a completely different entity, and If you look Grail are head and shoulders above competitors in that field. The numbers required 100s of thousands of participants means this is not a good idea for angle to persue due to the £10s of millions involved.

Just recently attended an excellent lecture about this, got to hand it to Grail, they have done/are doing the studies and will likely reap the reward here. Plenty of money in diagnostics and disease monitoring which is where Angle’s product sits…. Without having to test 100000 punters to prove efficacy!

Ok great well that’s (at least!) £13.5m so two thirds in the kitty. Perhaps we’ll learn later how much it was oversubscribed…

Mkx,

What a load of nonsense. Of course there is a need for medium term storage.

No quote to buy 100k shares…

TheWed,

Indeed, I suspect they are witholding payments because they feel the ‘exclusivity’ has been compromised by multiple other deals in different areas… Seems more likely that a disagreement over the ad revenues/commission processes which should be automated.

Overall they have stated the results are in line, just haven’t been paid for what that have done!

And again a direct quote, not very ‘Larry’ , strongly hinting at Gamesa progress.

“We are now able to project a very exciting 2023 with revenue greater than originally expected and announcements pertaining to the on-going development of our next-generation system with a strong and supportive partner."

‘In accordance with Invinity's revenue recognition policy, revenue from the Canadian and Australian projects will most likely be recognised in early 2023.

The 30 MWh of new business announced during Q4 2022, plus the deferred revenue relating to the above projects, combined with a significant number of further sales opportunities advancing positively towards close, has led the Company to now anticipate revenues in 2023 significantly ahead of its previous expectations.’

Now I just don’t think Larry would say that unless he knew IES is going to smash it out the park in 2023….

Gotta think bigger than that Tradevol… A Million quid doesn’t get you too far these days!

Also think seems to be being set up for a takeover IMO - comments particularly telling….

Shame because over a medium term time frame I’m sure many multiples would be possible.

So Irdeto use their muscle to oust a board member with lots of skin in the game but also the emotional attachment who might oppose an early sale?

I just don’t think anyone can say - could drop anytime, though Friday does seem unlikely if a half day… But then also why not?

I agree time for cool heads Richard… But I think this has been arranged due to an opportunity. If so we should know within the next 4-6weeks I would think.

So *** packet calculation is $2.5mil approx 3.6mil
shares if they are offloaded. So about 3% of the total shares in issue… Currently a weeks volume.

Well they do have a reasonable amount of cash and the company has been clear to point out new deals come with deposits which at least partially finance the manufacturing process.

It’s very Un-Larry like so I am presuming there is a big opportunity that has presented itself - and that why the money has appeared at more than usually favourable
terms.

It’s an interesting deal… Please correct if I’m wrong:

5% arrangement fee
No interest
Convert to shares at 1.3x45.9= 58.37p for $2.5mil
1350k Warrants excisable at 67p for 4 years (money to company)
170k shares to an ‘advisor’.

Essentially they need more money to build on current orders/inventory. Only we know they have plenty of cash - so this extra money can only be for something big/some big deal?