Member Info for Ilovesushi

Hayden

“What is the significance of the spread width In your opinion”.

A wide spread indicates more risk. So we could assume a narrowing spread is an increase in confidence. This is also good for traders. (Like me) it also indicates a share that is actively traded. Good liquidity. Perhaps good supply and demand and or balance. When an imbalance you have a widening. Could indicate a change?

BOUNCE BACK TIME?

GBX 9.66

There is no business here so it is not surprising the shares are dropping.

1.97 - 1.98

Wow tight spread.

If sales were disappointing as the company suggest how can you then go into bulk manufacturing? The sales pitch to get that last funding away was based on faulty maths. The CEO falling on the sword should be follow by others. Questions are now being asked is, is the company viable? It has no equipment to sell that 1. People want, 2. To make a profit by selling.

Might as well shut up shop. The share price can only fall lower as realisations are made.

HARL is never going to come back from suspension.

Not only has their roll-out been stalled as the numbers do not add up or does it look like making in bulk will lower the price forcing many now to re-consider this company as an investment. However have Pi understood fully the implications here? The future actually looks bleak as more than likely or not this company has no way forward to profitability.

One important thing to note once again came from the company itself. "Disappointing delays in closing sales in the year to date". Looks like they are struggling to actually sell their products even though they sell them less than cost.

Looks like the CEO fell on his sword but whoever worked on those numbers should also be forced to go with him? Looks like the end for the company as a viable profitable business. Perhaps useful for a big player to come in and use up its capital losses and take the cash?

Back in May of this year the company raised £57,000,000 with the plan that would provide the working capital to ensure Invinity is fully funded to net cash generation.

That plan seems now shot and has been put on hold as it seems the plan as it was will NOT ensure that the business as stated will bring in significant profit. Or any profit. Hence the boss and CEO now was pushed out.

The stated plan just a few months ago stated the company would Invest in Long Duration Energy Storage by taking a minority ownership stake in UK LDES projects. The investment is expected to facilitate the sale of Invinity batteries to a number businesses and leading companies within the space;

Now put on hold as it seems it cannot provide this equipment profitably enough as envisage just a few months ago.

They also stated at the time of the placing that: they would accelerate manufacturing and deployment of the Company's next-generation Vanadium Flow Battery ("VFB") code-named Mistral; With the idea by producing this battery cheaply by manufacturing in bulk.

This now it seems is on hold as the numbers do not seem to add up. The batteries cannot be produced cheaply as first thought. So who came up with those figures previously? Looks like Pi were misled when hit for a placing. Damn.

No wonder the CEO left. One has to now ask is the company viable at all? The company now is no longer valued at anything except cash held. The company is worth less that what it raised. It is NOT valued at anything.

It now looks like, just after a few months the idea that was sold to investors to get a fundraise away was flawed or perhaps even hyped and not build on a proper business model. Surely this was not down to just the CEO but others were involved in making up these numbers.

So is there a viable business here at all? Will they abandon the move into bulk as the numbers still point to the company being unprofitable?

Probably the assets will be taken by someone and leave nothing for the shareholder. All these changes to the board are big indications there are troubles. Will they do another placing or is it already too late? I think it is heading for Administration.

The CEO had to go as they have all suddenly realised (not sure why it took so long) that they cannot continue to sell battery storage at below cost. As you all know this equipment was being sold at less than the cost to make. In Mistral they had this plan that if they go big and operate on scale and mass produce they can produce cheaply. The thing is, even thought they could produce in bulk were the buyers there to take possession?

The whole plan has now been postponed as it has suddenly occurred to that there were not enough savings to be had and to sell profitably. So basically this business is NON commercial as things stand, and to be hones this business never was a commercial business that made profits. It is kept afloat by placings, always has been. Fact is there is no business here. And oddly the management now are beginning to think the same thing. So now it is all down to conserving cash. Amazing how they got that last placing away on faulty numbers and hyped up expectations. Seems they have all fallen back to earth. The company now valued on cash only and the business by the market itself has no value.

Just bought more. Happy with that buy

The company has no product for sale that it can make profit from. In fact when it sells its storage battery it is at a loss and has been sold at a loss for some time. It has now dawned on the management that the roll out it planned from a ramped up business and a newer more powerful version of its battery will still not be profitable. This is why the roll out has stalled and the CEO quit. The numbers do not add up and the business is NOT viable. Sure it may continue in business as it has the cash. Yet no profitable return is on the horizon. SELL

Just bought more. Wait for US input. That is the big earner.

45.34

Up 13%

Looks to open at 44.5p in the auction.

American results when they are in are higher than all other markets put together. That will be the real earner. That is where the money will be. I expect Haleon on pleasing results will probably take over Futura and bring this product into their portfolio of brands.

Profits can only go up. A good start and above expectations. Super pleased. STRONG BUY

No product that anyone wants to buy, no cash to keep it afloat and no way of getting a fundraise away. Administration must be days away. SELL

No expected placing. Good robust cash runaway well into 2025 with expected partnering bring in a cash injection. STRONG BUY on this update today.

Stronger than I had expected. Were concerns last week but on this news I am a buyer. Positive FDA news in the USA and this is a big riser and possible multibagger.