Member Info for Howey1927

They credited me with the question about dilution but that wasn't the question I submitted!

I agree with GL that dilution can be a good thing, when it leads to increased opportunity but I'd imagine the question was referencing dilution to keep the company afloat whilst there was no income. That's a necessary but not palatable thing!

Obviously a thing of the past now!

Darien, your mood has improved. You've gone from doom and gloom to £2 in the space of 2 interviews!

Perhaps we should put Darien's post on the side of a bus!

Ocelot, half a billion has a nice ring to it, don't you think? Just need to get to steady state, get the sidetrack in and away we fly!

GLA and hold on tight to your Gold Wonka tickets!

Everything has it's price but he was clear that is not the plan at the moment. He's looking to build the business up.

As GL pointed out, the warrant holders supported the company when it needed it and they are now getting their just rewards. Nothing to see here.

Jarv, I thought that initially but I think he was referring to SFB being the cashcow to allow the geothermal work to be undertaken.

https://twitter.com/LondonSouthEast/status/1570674866356998147

Follow the link in the Tweet.

Herbert, I don't know (so anyone feel free to correct me) but I have noticed several tiny little trades going through recently where the share price has jumped to the share price used, both up and down. It on of the reasons I cited for games being played with our stock.

They seem to carry as much weight as way more significant trades around them but maybe I'm being paranoid!

Fingers crossed for a good day ahead of us!

Nothing there yet. Come on LSE!

Jollifunt,

You haven't expressed an opinion though have you? You have been dliberately provocative and initially wrote it as though you were stating a fact.

Asher, I take no pleasure from being right on that front!

For me, the last couple of days demonstrate how this is being played. What has changed since yesterday afternoon to explain the rise back up? If it was the warrants that caused the fall yesterday (I don't think it was), those shares are still out there so it was not a case of the dilution. There has been no news of the flow that could lead to the upturn.

A couple of interviews have been announced by surely that isn't the reason. Something's fishy!

Cynders, It feels quite likely. Fingers crossed for good news!

Too right Asher. Manipulation of the highest order going on here. Given the news we've had, there is no way this should have dropped like it did.

As far as I'm concerned, I'm holding onto the lot.

Or get your fingers on a diet! ;-)

I hope and suspect you are right BV but did he agree to it before this afternoon's slump? Will it alter the message. This is likely a blip and we'll head back up but it's a little unnerving!

GLA.

The timing could have been better! Or is it perfect timing? I'm not sure!

It maybe a coincidence but there has been a mini campaign on Twitter to message them to up the publicity!

Tygra, you bought in specifically because of the sale process so you are very much one of the people who "continue to place ridiculously high values on SFB as a standalone asset". If SFB is worth eff all (as you seem to be suggesting), why did you buy in on the back of the sales process? Maybe the "continue" part of it no longer applies to you but you should have researched this a little better, don't you think?

I suspect you got out of the wrong side of bed again this morning!

Donek, I think the key here is the OR - "did not reflect the true value of the asset OR were contingent on various milestones being met". The first bit is essentially what SOU tried and failed with, i.e. and offer not worth the paper it was written on (haven't heard Mira or WG mention the SOU offer for a while now - strange).

But the second part suggests we received a fair offer but only once SFB was up and running. Hey presto!

We must have or are very close to acheiving the milestones, so maybe the there is more to the radio silence on Twitter than meets the eye! Intersting times. Well worth an IQ if no news has surfaced closer to the end of the month.

Either way, we have a saleable assett which should attract a fair price or we have a Business that is moving in the right direction. Win win.

GLA.

Mira, Mira on the floor, have you become some sort of evil superhero? It seems you only post under the cover of darkness these days!

Thanks Dyam.