Member Info for Henryb

£170k was a sell, ask at that time was .85

In January on last method C news.

Get ‘em cheap

See you at £1 in a few weeks

Trade this on HL?

News in the “near future” as per CEO interview on Friday. Hold for gold

The leader of the pack this week came at the end of the week, with waste to hydrogen group (and of late medical cannabis)

@HydrogenUtopia

(#HUI). The shares were up over 200%, and so they should have been in the sense that with just one announcement the company revealed existing technology to deliver renewable hydrogen, but also a hungry buyer in the form of the Kingdom of #SaudiArabia.

It would appear that despite all the Net Zero alibi taxation, and worthy virtue signalling in Europe, it is actually the MENA region who appreciates and is happy to pay for renewable energy that will clean up the world. HUI announced access to access to 10 exclusive licences for InEnTec’s advanced TRL9 (Technology Readiness Level 9) waste-to-hydrogen technology.

HUI will receive £1m for each license sold, as well as $1m a year in management fees, and 10% of the SPV in which each project license will lie. This is clearly going to be a money-spinner for the group whose market cap was only around £5m before the announcement was delivered.

HUI has crossed its Rubicon, and one would expect the shares to return to the glories of spring 2024 when they peaked at 10p, by the end of this summer or sooner.

Low free float so the MM use those tactics. Actual bid is 3.5p

Remember directors have a lot of skin in this one, holding 47% of share capital

And rightly so!

I would say closer to 50m, 292 million helf by substantial holders (majority by the BOD) leaving approx 92million

This spiked from this level to 13.5p march last year, and not surprising when substantial holders hold 76% of share capital, then take away retail holdings, wouldn’t leave much free float.

Directors

182,408,261

47.31%

Steven Giles

74,005,625

19.20%

Conrad Griffiths

36,333,333

9.42%

Worth noting that directors hold 47% of the company’s share capital, with the ceo holding 163 million shares.

With Howard White (non-exec chairman) being released shortly

Mm’s playing this like a fiddle, keep knocking the bid down to get sells.

Could take that out at this rate!

Cheapest crypto treasury coming at just £1m mcap!

At c600k Mcap has to be worth a dabble if you like a riskier trade with potential for a few bags

15 billion placing shares to clear