Member Info for Handwinder

More working capital = placing. Done at 1p we will all be reasonably happy but if i am honest i dont really see why you need working capital to go to a second shift when you are selling at a profit to happy customers.

You need the accounts in the public domain before you can do a fundraise! Looking at the volume and price we have something coming down the pipe at a reasonable price unlike the previous raises.

The markets are news driven and we have lots of news coming. There are however a couple of humps..22m shares at 2p to flush out, they may choose to wait and make fortunes but until they are cleared we will always have a seller to satisfy market maker demand. If however they get taken out and its announced its back to double figures before we even turn a drill in North Africa.

They could do a share split and issue under par value, issue another class of share? . Not sure how it might work but i am actually not negative, Allenby are a good solid outfit who will raise money if it is needed. They are not the murky end of the market where AEG have been in the past.

Appointment of new broker - placing on its way.

At last some real people joining the board who know operationally what they are doing.

I think the price is telling us that our 500,000 shares was a sell with an incorrect time stamp. Its no problem people will sell on the way up, but it does all feel more positive as small buys start to backfill this morning.

This has been one of the worst led companies on AIM. Even if this goes up because of a great product i will always believe it could and should have been better, a competent management team would have done so much more.

Insider trading again? Imagine being a director of a company that always has trading that appears suspicious. Oh and has never delivered on any RNS

This shameful shower who though various suspected ill deeds and appalling performance are at last making announcements that make sense to me. As in the horse and the cart are being put in the right order and they have somewhere to go. It may all prove to be the shame old waffle followed by rinse repeat funding but it does make some commercial sense.

Blazer, i m away but i am sure there are plenty in the -90% club who are do not believe the wine swilling management are just sorting out previous problems. I hope others will have plenty to say before they go back to their impoverished corner.

They either lie all the time or they incompetent? How late is this? How much has it cost?

The management and staff still getting paid? Why they issue rns I have no idea, all we get to see is how poor they are. The Board should resign if they have any professional respect left.

Trolling on this board when the subject matter and everything around it stinks is unfortunately a hazzard. However poorly run this company is and has been only a law breaking moron would post here if they were an officer of the company or a paid adviser.
I do doubt Seattle is a pass me a glass of Chardonay whilst my shareholders drink water director.

£20,000 has been spent its up more than 10% and we are still down more than 90%. £100,000 and i would be questioning my morning tipple.

Next announcement, plant built, contracts in place but we need a placing! Any other views?

There must be a placing coming, they couldn't get funds the last time even by having alleged insiders short the stock down from 4p to 1.4p. At these prices with a 30% discount the market cap would be circa £3m so raising just £1m would lead to a catastrophic dilution. No doubt all the directors would subscribe to the placing to the exact tune of whatever their unpaid salaries were.

If they bust this and it goes private its a criminal shame .

I am sure you don't. Only incompetent people work for AEG.

Throwing money away was buying this corrupt smelling crock

As usual with this dog someone knows more than the rest of us by the look of it.

Mr Rowan should join the sailing club and retire. A good operational guy will be more credible on the next fundraising. If we keep going like this with next to no volume we will not even get backed by a death spiral funder, de-listed and all rinsed of our final 10%.

This could be worth something in the right hands, maybe never 4p again but not bust!

There is now talk of reactors and timelines to rebuild so clearly some people think there is upside from.4p. I agree but i have a different lens. I think this could be circa a penny in a year. There will need to be a fundraising shortly as the plant is late and there will be a hump to get over as one poster called it, the warrants are so far out of the money they will not get exercised so no joy there. The thing to get this to move in the longer term in which i mean over a year would be a complete change of management, ex-city do not make operational business people. They have proved that to us already. They also don't have enough of a reputation left after the 1p raise and the smell of illegal activity to raise real institutional money, them staying helps no one including themselves and their share holdings.