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An up day. Haven't seen one of those in while!! And on a day when general markets trashed!!
Seems to be the bee the worst . A strong recovery from 1p going on and still few followers
One error here though . The six up and running sites DO have juicy CM contracts and for 15 years!
well one gas site is equivalent to 3 diesel. Isn't that the case?
Sp back to sub 1p. Who expected that ? On the positive side great price to hoover up shares. I am expecting a major announcement re the three rockpool sites as yet unbuilt . Pretty sure there has been a change of direction there. Could they be the first gas sites ?
But there is always tomorrow. There is now a storm of panic selling. This is completely overdone and will recover.
As far as I am aware there are no rumours. People are just tired of waiting and selling up. Not me.
This is now massively oversold. Bad news priced in and looks ready for a strong turn around. Seems to have steadied at 1p. Not expecting the massive rise to 6p we had last year but 100% reckon doubling from here in 2018.
Just wait and see......
On the negative side ; this is taking for ever!! On the positive side when news lands the market has not priced in a single penny of the move. In fact the market is now pricing this whole venture to crash and burn leaving only Rockpool sites. Good news is that just Rockpool sites are worth more than current market cap. One nice thing about the market not believing the story is that when it proves to be true there will be a stampede for shares!!
I don't think an RNS stating they are making progress would make any difference. The only thing that matters is it actually happening.
I agree its frustrating but sells outdoing buys are not exactly a surprise in the absence of news. lets hope something positive materialises before the summer.
Results should be out this week or next. Interesting to see whether it can bounce back after a wretched 12 months
slightly daft getting rid in 100k lots when you can sell 1.5 million without going NT!! something brewing?
Good to hear you are still positive. I agree that the length of time taken tries the patience of a saint!!!
I'm convinced that small ex Ortac holders are exiting on this recovery. I'm also convinced they are getting out at exactly the wrong time. 1 million buy has just gone through and I'm confident that we are at a base for further rises up towards 10p
There is a tweet from Andy Pace - Ofgem provided an update today on the Judicial Review for CMP 264/5. A decision is to be given at a public hearing on 22nd June.
Plutus were very on self publicity from around July of last year when they started tweeting. Since Ipswich opened they have been very quiet. My reading is that they are waiting until EVERYTHING is ready before bothering investors with more promises. We know that they will have earned TRIAD payments this winter as two of the periods were in February which all six sites will have got. They can't continually issue RNS statements saying "Big six" or "battery" until something concrete happens. Frustrating but I'm still confident
Simply don't know weazle. Been expecting this to be tied up for a while but if its as big as we all hope then it will be worth the wait!!
Simply don't know weazle. Been expecting this to be tied up for a while but if its as big as we all hope then it will be worth the wait!!