Member Info for Mikey279

Most irrational sp movement ever, update comes in better than expected and it drops 30% from update opening peak?

Gut says they’re done or nearly done

Now back to 3 digits

All IMO

No reason why this shouldn’t be back in the 80-90s over the next few weeks

All IMO

Majority owned by insiders and II and now a tier 1 *

To £90m or so, they’re near breakeven already fully cashed up, majority owned but insiders and II and Joe a tier 1 contract with a major all for £13m mcap ?

Wouldn’t be surprised to see this over IPO price real soon

All IMO

Gas prices nearly 30-40% than a few months ago, normality should be restored soon

All IMO

Yup breaking again

Posted this a while back

Resistance levels20 May 2024 16:47

Minor at 47p, 52p, 68p, then big at 75p and some smallish ones along the way for a move to 122p+

Patience will pay off, FV is nearer £1.50 or so IMO

Been waiting weeks for this breakout and called it too, see my history

DYOR ALL IMO

What did I say about patience, first big resistance is at 75p then to £1.22

1.9 TCF and producing ffs

All IMO

Looks like the big print on Thursday was this, see last 4 digits

23-May-24 16:08:37 1.66271 11,302,031 Unknown* 187.92k O

23-May-24 16:11:22 1.50 1,000,000 Unknown* 15.00k

Global Opportunities PCC Limited has agreed with the Company to convert part of the outstanding balances of the YA-RF Secured Facility by subscribing £200,000 for 12,802,031 shares in the Company at an issue price of 1.562p per share, representing a 5.3% discount to the mid-market closing price of 3 May 2024.

Big move incoming IMO

Could be fireworks if logik comes in next week

‘The long stop date for completion has been set for 28 June 2024, with completion expected by the end of May 2024’

Bought back in for the first time in 5 years, yet to win my trust but maybe the newer model suits them better

The refinancing was completely left field and did not expect that at all, presumably means dilution is out of the picture for short to med term now. Can see a lot of news flow due and with the PHE move recently, it looks ripe for a big move again (iirc the move in 21 was nearly 28x from bottom to peak). In a fair market this would be at 50p (£100m mcap)

Just need the market sentiment to shift, and mine has thanks to the refinancing

DYOR all IMO, looking forward to the news flow, chart looks absolutely primed too

Indeed, with big drops on liquidity dumps people expect fast bounces the other way but in reality the free float increases meaning it takes a lot longer than expected (hint more than a day or a week)

Fundamentally the metrics are probably one of the cheapest in the entire market (not even accounting for the 1.9 TCF)

Wouldn’t be surprised to see it back in triple digits later in the year

All IMO though, dyor etc

simples, you deal with it via the £1.35bn in assets

jw*******

Incredible influx of volume, lots of 500k buyers

Quiet here? Analyst report says obviated any need for capital increase….due to increased finance options

In for some.

20p by today is not the right mentality, exactly the same thing happened back at 8p it’ll move when it’s quiet and rid of the quick buck merchants

If you’re panicking then you’re in too heavy

All IMO

Bye bye then, not a day trader share anyway, the big rises will come when the bottlers are out

Give it a few weeks

All IMO

Have a longer timeframe, volumes are generally low

I’d say 70 or so in a few months, carbon copy of RM

All IMO

You’re clearly just a bell end who think’s deferred tax is payable, credibility ….. 0

All IMO

Everyone wants piece of the £2 equity value,

the £30m+ profits (during maintenance which should restore to normality back to £40m+ (?) once done) ? the 1.9 TCF gas, the strategic partners to unlock the value, the massive discount due to a liquidity event the gap to 75p and £1.22

All for £27m mcap

PAYtience

All IMO

Current liabilities are serviceable and gynia are the largest shareholder who released an RNS saying no delist and fracking plans etc

bye bye