Member Info for Lamps56

Thanks Time: Yep, that's the theory, and all will work out well if the underlying assumptions are correct. I continue to have faith that the company will succeed and will certainly not be dumping stock at a significant loss. However, noting your relatively recent entrance to the party, I must point out that one year ago the SP was in the 40s, having peaked in the 50s. Shareholders have seen a gradual decline since then, culminating in the debacle earlier this month. During the last year I reduced my holding to the early 30s by averaging down. I think several LTIs are in a worse position. A month ago, with promises of Mistral, international franchises etc, and SP hovering around 20, that did not look like a bad position,. Now it looks like a very long haul back. I was suprised to see no bounce back last week; on the contrary we seem to be static in the absence of any good RNS anouncements. So well done to those who have come in at 9p - a superb investment in my view - but I will remain livid. Over to you and Laura to continue your tet a tet.

Yes, I heard the same comment from CC: no intersted parties.

Time: Not angry, effing livid. An ill judged RNS has wiped more than 50% off the share value. Very nice for newcomers I'm sure.

Buy/Sell trading balance today is over 50:1, and yet we fall. Go figure.

But with eff all effect on the SP unfortunately Pedro.

Sorry, had to dump the silly thread title. Not shocking at all if you have been keeping up with events.

HarChris - good call on the $35 breakeven, but CC stated that $40 would allow us to start servicing debt, so that would do for me. As ever, CC demonstrated a firm grasp of the finances and technical issues.I understood that V price needs to get to $35 by end of March or it’s squeaky bum time.

HarChris - good call on the $35 breakeven, but CC stated that $40 would allow us to start servicing debt, so that would do for me. As ever, CC demonstrated a firm grasp of the finances and technical issues.I understood that V price needs to get to $35 by end of March or it’s squeaky bum time.

If I can squeeze in between Laura’s posts (we get it Laura, honestly) ……… once the MMs get the boot in it’s so hard to get back up. Sales news needed urgently and possibly some balancing context to that dreadful RNS.

Yuri-F: I have a spare 20 minutes so am minded to ‘painfully’ trawl a selection of falling stock where I am a ‘non-holder’ and use that very original phrase ‘ it's toxicity outlook has just spiked so badly’. Would make me feel so much better.

Not very remarkable faramog: anybody who is panicked by today’s RNS hasn’t been monitoring their investment. Nothing new here; we know it is all about the recovery of V Price.

Conversations in a vacuum.

Anybody want to offer an opinion as to why this dropped 10% today? Baffles me.

So if I understand properly, there may have been a Plan B, but it was not disclosed, but now there is no need for said undisclosed plan owing to the confidence in Plan A coming to fruition. Straight out of Blackadder.

Sisyphus. They will drop the SP 40% in a heartbeat, then positive sales will claw it back by a fraction per week.

‘As at the current date there are no formal plans in relation to alternative arrangements based on the current probability of the EPC contract being signed.’

Gobbledygook.. Why not just say ‘we anticipate EPC sign off in Q4’ ? Chinese are playing games as usual.

Funny old game this AIM. Nothing substantial has changed with this company, other than Larry calling it a day and a pragmatic re-evaluation of timelines, but with one poorly judged RNS the herd is panicked. Stop losses kick in, the deramping hyenas appear from nowhere, dreams of 3 baggers are put on hold for 6 months, and we dig in for the hard slog back to where we were last Thursday. Patience is a virtue. Application of green coffin tool is highly recommended.

Deadgrateful: Wall Street is AI generated gobbledygook based on published data with almost no contextual input. Comments like ‘…. absolutely no plan yet as to how they can generate any profit’ are an insult to the Board and investor’s intelligence. Advise you read BBN’s detailed analysis.

Larry Zulch, Chief Executive Officer at Invinity said:

"It's been a privilege to have led Invinity from its inception in April 2020 until now. Our incredibly talented and dedicated team has successfully commercialised modular flow batteries and proven their position as the leading alternative to lithium-ion for stationary energy storage.

"The launch of our next-generation product, scheduled for later this year, will mark the next phase in Invinity's journey, making now the right time to hand over leadership. I have every faith in Jonathan, Matt, and the entire Invinity team continuing Invinity's journey toward playing a vital role in our net zero future. I will be a strong supporter, now in my capacity as a shareholder rather than an executive."

A 50% POORER SHAREHOLDER LIKE THE REST US !

SP drop of over 40% but the Buy/Sell ratio is 5:4. The market still has confidence, but the RNS strategy was crap.

Will this be on the Invinity HQ foyer display boards as Black Friday?