Share price is recovering nicely and imo another RNS may drop within the next week or so revealing the name of the S&P 500 company. As I stated in my earlier post the placing is probably part of an agreement at the time of signing the JV. There’s no way an agreement would have been signed unless the outlook is beneficial to both companies.
The S&P 500 company would have known about the situation before agreeing a partnership as due diligence would have been done. Maybe as part of the deal AFC had to raise an amount to satisfy that company. This may also allow the dreaded shorter to Exit. I see this as a positive
I would imagine most investors know where this is heading so all the pros and cons are posted depending on whether you trade or not. We have the knowledge of one of the most influential brains in the world so trade at your risk. This will turn so quickly you’ll have trouble re entering at a low price. IMO. Good luck all
Not ready’s post history tells you all you need to know about his personality and how he plays the shares he’s involved in. Knowledgable but a player. IMO
Looks like AFC have everything aligned and ready for an upscale in production. IMO the customers are already in place as hydrogen is too big to ignore by all governments and the transition is in process. The increase in the share price supports this and those that missed the boat will post negative comments. Lovely RNS