Member Info for haggismchaggis1

Yellow1,

It wasn't just Tradegate up 80%, it was also Frankfurt, the biggest German exchange, and Munich, and Stuttgart, and Berlin, etc with nearly 20m shares traded there.

The buyers clearly WANTED the stock, so I doubt they are in any way disappointed today, just buying more today.

Frankfurt +58.90% BID €1.15 ASK €1.198 MID €1.174 = £1.07
Berlin +81.79% BID €1.13 ASK €1.20 MID €1.165 = £1.06
München +81.24% BID €1.142 ASK €1.18 MID €1.161 = £1.05
Düsseldorf +80.15% BID €1.128 ASK €1.182 MID €1.155 = £1.05
Lang & Schwarz +54.58% BID €1.10 ASK €1.16 MID €1.13 = £1.03
Stuttgart +47.30% BID €1.092 ASK €1.128 MID €1.11 = £1.01
Tradegate +53.36% BID €1.09 ASK €1.12 MID €1.105 = £1.00

Yellow1,

It wasn't just Tradegate up 80%, it was also Frankfurt, the biggest German exchange, and Munich, and Stuttgart, and Berlin, etc with nearly 20m shares traded there.

The buyers clearly WANTED the stock, so I doubt they are in any way disappointed today, just buying more today.

Bladey, if you think that gap will close, keep wishing :-D :-D

I say it won't close, but then again I don't need it to!

Unfilled gaps up on a re-rate are normal. AFC is still less than a third of the MCap of it's peers, that is why it is re-rating, to catch up with them now that it has a deal with ABB to sell EV Chargeing Fuel Cell Systems into 100 countries. With that news, gaps don't close.

Hydrogen Fuel Cell Trucks: 'It's Complicated' - Fuel Smarts - Trucking Info

https://www.finanznachrichten.de/aktienkurse-branche/erneuerbare-energien.htm

Bladey,

Ignore the gap. The past two or three never closed either, as this is a re-rating of a penny stock, the chart went out the window at 37p.

The only issue with predicting lower prices is that any ii's/HNW/Fund Managers buying today on the German exchanges were likely only doing so because it was the only place they could get stock, as LSE was closed. With LSE open tomorrow they can load up to their hearts content!

The total volume of shares traded across all of those exchanges is 19.72 million. That is A LOT, and LSE MM's cannot ignore it.

DK89UK, yes, no sales yet, but every sale will have a profit and based on our low cost design I suspect it's a good profit.

I'd expect cash burn to increase in H1 2021 due to the new factory lease, new assembly staff, our new PR man, PR costs ramping up, and work on Alkamem and it's AFC Fuel Cell.

But final results for the FY 2021, announced Feb 2022, I'd expect reduced cash burn, possibly break even or a small profit, so long as we get rapidly shipping out systems in H2 2021 to Acciona, ABB and our EV clients.

I fully expect AFC to be running as profitable in 2022.

sb1987uk, thanks for the heads up on NEL. I was on Yahoo Finance USA so thought all the figures were in US$! I'll remember to adjust if I list these again.

I sent the AFC + ABB news item to Tesla Investor Relations the day it was released, so they definitely know about it. I suggested the AFC Fuel Cell system could help Tesla install Superchargers in more remote locations (they always do 10 or 20 in the same place, which is a huge amount of power required), and also to fix grid issues with existing installations where the chargers cannot provide nameplate power once a few are in use, due to grid issues.

The question now is, which Börse will the UK MM's take the most notice of when pricing the UK open tomorrow?

My money is on Frankfurt, because it's the biggest in Germany and beats Tradegate as it's a regulated market similar to the LSE.

"Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) is one of the world's largest trading centres for securities. With a share in turnover of around 90 per cent, it is the largest of Germany's seven stock exchanges"

This would be good because the AFC share price closed at the highest price on the Frankfurt exchange! Although there is not much in it really. All exchanges closed at £1 or above, so it's just up to the UK MM's where they set the bar before the open.

Frankfurt +58.90% BID €1.15 ASK €1.198 MID €1.174 = £1.07
Berlin +81.79% BID €1.13 ASK €1.20 MID €1.165 = £1.06
München +81.24% BID €1.142 ASK €1.18 MID €1.161 = £1.05
Düsseldorf +80.15% BID €1.128 ASK €1.182 MID €1.155 = £1.05
Lang & Schwarz +54.58% BID €1.10 ASK €1.16 MID €1.13 = £1.03
Stuttgart +47.30% BID €1.092 ASK €1.128 MID €1.11 = £1.01
Tradegate +53.36% BID €1.09 ASK €1.12 MID €1.105 = £1.00

Mk,

I sent the AFC + ABB news item to Tesla Investor Relations the day it was released, so they definitely know about it. I suggested the AFC Fuel Cell system could help Tesla install Superchargers in more remote locations (they always do 10 or 20 in the same place, which is a huge amount of power required), and also to fix grid issues with existing installations where the chargers cannot provide nameplate power once a few are in use, due to grid issues.

Tradegate have no charges, but nothing is free, they skim off every deal to make their money.

Yeah, I posted that earlier today, great article and you can see that the author has spoken to AFC/ABB instead of just publishing the press release.

The point with Ammonia is our Fuel Cells can use the Hydrogen split from it, without it poisoning the Fuel Cell, which is what happens if you put that Hydrogen through a PEM Fuel Cell or SOFC.

Ammonia is ridiculously cheap as it's already a mass produced product.

Read this and look at the prices. Also not that Siemens follow AFC's tweets.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/880826/HS420_-_Ecuity_-_Ammonia_to_Green_Hydrogen.pdf

£10, always was and remains so. I said 12 years ago I'd never sell out for less, and I won't. I can wait, 12 years is proof enough of that. Look at the list of Fuel Cell companies, several are already getting close to that despite big losses, and we have likely billions in ii/HNW/Fund Manager accounts looking for a home in green/clean energy stocks this year.

Also, AFC with the lowest cash burn rate of any Fuel Cell stock, despite many already having big sales revenues, means when we get selling systems we will be quickly in profit, which will attract even more ii/HNW/Fund Manager cash to push us even higher.

This rise is only the beginning!

This list is yesterdays MCap's and the company cash burn, I'm sure you can see my point!

AFC Energy
£446,000,000 MCap
£2,850,840 Loss
.
Ballard Power
$6,594,000,000 MCap
2020 -$48,615,000 Loss
.
FuelCell Energy
$3.966,000,000 MCap
$105,430,000 Loss
.
Plug Power
$14,787,000,000 MCap
$103,789,000 Loss
.
Bloom Energy
$5.072,000,000 MCap
$198,702,000 Loss
.
Powercell Sweden AB (Fuel Cells)
$2,053,000,000 MCap
2020 $76.1m Loss
.
Nel ASA
$4,304,000,000 MCap
2020 $255.6m Loss
.
Ceres Power
£2,177,000,000 MCap
£10,080,000 Loss
.
ITM Power
£2,629,000,000 MCap
£29,560,000 Loss
.
Proton Power Systems
£505,000,000 MCap
£6,400,000 Loss

It looks like my 'springboard effect' is taking place already :-)

Lose faith in risky trading places like Tradegate, that's for sure.

I still expect AFC to close higher, there's still nearly 5 hours to go, and.....

Looking at the list of markets where AFC can be traded.

Tradegate
+50,89%

Frankfurt
+73,79%

Stuttgart
+81,08%

Berlin
+83,64%

München
+103,93%

Düsseldorf
+96,95%

Lang & Schwarz
+49,11%

Cliick on the Kurse tab here
https://www.finanznachrichten.de/aktienkurse-boersen/afc-energy-plc.htm

Looking at the list of markets where AFC can be traded.

Tradegate
+50,89%

Frankfurt
+73,79%

Stuttgart
+81,08%

Berlin
+83,64%

München
+103,93%

Düsseldorf
+96,95%

Lang & Schwarz
+49,11%

Cliick on the Kurse tab here
https://www.finanznachrichten.de/aktienkurse-boersen/afc-energy-plc.htm

That depends if Tradegate's stock supplier puts in a buy trade for 5m or 10m for the open tomorrow, or pre-open, so they can restock for another big day on Tradegate tomorrow.

Also depends on whether the MM's check the Tradegate price before the open, because if it's £1 in Germany they would have every right to open at £1 in the UK, as value is not limited by borders.

Jesus!! They just dropped the BID to 1.10 to clear out stop losses, JUST LIKE THAT!! Incredible, but then again it is off-market, they can do what they like! As I said, running out of stock or selling stock they don't have, now over 10m traded which is like another day on AIM!