Member Info for haggismchaggis1

The share price definitely moved up on that news appearing, as did some other shares I have.

Also some big buys have come in since then, 50,000 and 100,000 shares for example, at full ASK of 65p.

It looks like we'll get that BREXIT deal confirmation today, as the Government has already created this, ready for the announcement:

"Boris Johnson will boast of a victory in the post-Brexit trade and security talks, claiming to have won 28 key battles compared with Brussels’ 11 triumphs while admitting to a fisheries compromise, according to a leaked government document."

"The paper, drafted as part of the UK government’s attempt to sell the deal to Brexiter MPs, suggests David Frost’s negotiators got their way on 43% of the major issues, compared with 17% for the EU’s Michel Barnier, with 40% of the treaty being a balanced compromise."

https://www.theguardian.com/politics/2020/dec/24/boris-johnson-to-claim-victory-in-brexit-talks-leaked-paper-reveals

But it could have been £1 if we had been allowed to hit 75p prior to the Brexit deal being ratified.....

Here's a silly Christmas stat for you:

MPO has posted 1476 posts that I haven't seen because he's been on my filter for years, for consistently trying to affect the share price with negative spin and misinformation.

I was just demonstrating how it was held fairly level for several days by this price manipulation. If it had been allowed to follow supply and demand unrestricted I think we would have been over £500m / over 75p before today.

Cheekboy2, shouldn't need new software, that would be on the EV Charger side so ABB will already have it, and AFC won't be getting involved in taking EV Charging payments, that's for the client to control.

Looking at the very recent trading and I see:

BID 62.6 ASK 63.5
A trade appears for 6 shares at 63.8
Immediately the ASK moves from 63.5 to 63.8

BID 62.8 ASK 63.7
A trade appears for 2 shares at 62.9
Immediately the BID moves from 62.8 to 62.9

BID 62.6 ASK 63.5
A trade of 3 appears for 3 shares at 63.3
Immediately the ASK moves from 63.5 to 63.3

That to me is clear MM/Broker collusion, it is price manipulation, moving the price up or down to suit what one or the other has on the book (limit buys and sells).

:-D :-D

AB said in his Proactive Investors video that the development work between AFC and ABB was to design the electronics that sit between our Fuel Cell system and ABB's battery and EV Charger system. Nothing else needs to change.

This should be a quick thing to do; share circuitry schematics and specifications with the joint project team, let them work out what circuits need to talk to each other and what parts are needed, design the circuit board, make a version for testing, confirm the design work to spec, move to designing a final production version and away we go.

This could be done in a few weeks, alongside AFC building an AFC containerised system for joint ACF+ABB demonstration to AFC+ABB clients, just like the previous roadshow, with international clients invited to several presentation dates.

To say this can be done in less than 6 months is an understatement, they could have this done easily in 3 months.

Italy too, similar story!
https://www.electricmotornews.com/eventi/partnership-abb-afc-energy/

News in France! A place with lots of remote area where the grid is minimal and is unlikely to handle much EV charging, especially rapid charging that AFC + ABB can provide.

https://www.h2-mobile.fr/actus/voiture-electrique-abb-lance-technologie-recharge-hydrogene/

DWP do allow their clients to access Tradegate, so shares bought and sold 'can' end up in DWP client accounts.

https://www.globalcustodian.com/deutsche-boerse-tradegate-exchange-to-connect-dwpbank/

DWP appear to be a back office outsourcing and holding company. I don't think the stocks they hold are their own, they are holdings belonging to their clients, which could be big ii's, HNW, or PI holdings bundled by Bank/Fund clients.

Britain has made "huge concessions" in the Brexit talks, a French government source told AFP on Wednesday.

UK negotiators conceded very important points on fisheries in order to avoid a no deal, the source said, one of the final issues blocking a trade deal just eight days before Britain leaves the bloc.

Interestin to look at USA Fuel Cell companies valuations, especially when you then look at their financials and see they are losing $50m to over $100m a year. Ballard has lost well over $1Bn since it floated, and it's still losing money today! Who buys those stocks? Funds that must be looking for 20 year returns!

AFC with it's low cost base and outsourcing of parts mass manufacturing is going to be a very profitable company very quickly, and the big investors will soon notice that AFC is not like all the other high cost base Fuel Cell companies!!

DerSack,

My understanding is that like the old UK PLUS Markets, that Tradegate have to buy the stock from the London Stock Exchange, because AFC have not listed their stock with Tradegate. So, if Tradegate run low on stock, the price could go up quickly. Also, if they get a run on a stock, as has been the case for the past 6 days, they could run out of stock unless they buy more from the LSE (which reduces LSE liquidity and helps the price up here).

I wonder if anyone here has access to BARX (Barclays dark trading platform) and if AFC get traded on there much?

This rise on Tradegate appears to me to be Hydrogen stock related, because AFC, ITM, CWR and PPS are all up there much more than they closed in the UK.

Stock UK Change - Tradegate Change
AFC +3.2% +14.71%
CWR 0% +5.64%
PPS +3.9% +10.47%
ITM +1.4% +5.43%

Something to ask about at the next AGM!

I was reading recently about IP. If a company has a lot of IP, even though it may not have commercialised that IP yet, it's IP can form 80% of it's value. In that respect, with the IP AFC has, I would say it is significantly undervalued right now.