RE: zaks1 Jan 2021 22:24
Cheers TRO
I'm going to punt on ZAKS new green tip, just been IPO'ed called ....>>>
Helium One (HE1): Blowing Bubbles
It is rare that momentum for a hot stock is seen from the professional investors first, and then trickles down to the rest of the market. However, there was a βtop downβ appreciation of Helium One in the run up and aftermath to joining AIM at the end of 2020. After the over-subscribed placing at 2.84p from the ashes of Attis Oil & Gas, we have seen the shares trade now lower than 3.8p as traders have scrambled for stock. This looks set to continue as speculation grows regarding timelines to production during 2021 with regard to the companyβs massive asset in Tanzania, where helium apparently just seeps from the ground. Given the way production once it starts is likely to last for decades, fuelling the Green Revolution, it is not difficult to understand the interest in the stock which only started with a market cap of Β£14m after raising Β£6m. It would certainly appear that appetite for Helium One is set to grow over the next 12 months. This therefore appears to be a situation which is essentially ground floor, but where interest has yet to trickle down to the bulk of investors, thereby hinting at considerable further upside. The fact, that this is a company which has few peers means that the prospect of an ongoing re-rate is very much in place.