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RNS out this morning confirming the price and move to HKEX at roughly 10.2p per share. Even better news is that the extra 20% of shares includes the a Converted loan so the actual available new shares is worth Only 15% Of the company. This limits dilution as the new IPO goes live tomorrow.

In summary:
Share Price Jumps to 10.2p
All loans paid off
Company fuelled with cash for expansion plans
Now trading in Hong Kong
Investors 9 x over subscribed to get in at the new price
BOD and Major investors still own the majority of shares 60%

Could it get any better for PI’s as this goes live tomorrow on the HKEX where shares are absolutely booming.

Well Done Everyone Sensational News

Based on exchange rates it looks like we are pretty much at 10p for opening tomorrow with a massive interest in the offering. This could be a very exiting 24 hours and rest of the week for holders.

It’s gone in at the lower end of the offer price which will generate a real buzz on the 15th July.

Interesting statement warning investors that die to the large amount of BOD holdings and existing share holders (us) there are very few shares available to be traded. Meaning that the SP will potentially trade up rapidly. Good luck all as it looks like they could have sold the HK shares 9 times over and it could be a race to get in on Wednesday on first trading.

China New Energy #CNEL is a lesson in how investor perceptions differ. Its been on AIM trading at a p/e of 1-2 because investors don't like PRC companies. It is relisting on HKEX at a market cap 500% of its normal AIM valuation. Lesson: list where investors appreciate the asset

Watch this BB light up when it arrives as everyone realises they can’t buy as the brokers have shut up shop. Should be interesting to watch as it happens.

Because the announcement has to be made in HKEX tomorrow they close up shop as the UK AIM market comes online . So its likely we should see something first thing tomorrow.

It was sort of predictable that the price would be put under pressure today on the eve of a very positive RNS but that's just how it goes on AIM. Bring on tomorrow morning and we can see the start of the next chapter beginning.

All common sense says this should rise today but it’s a mystery as to what will actually happen. Lack of brokers trading the share now and news coming tomorrow should mean it will be hard to find sellers but it’s impossible to tell on AIM what will play out. The main thing is tomorrow and Wednesday this will be easily in double digits so let’s just see what happens.

I’ll go at 12.5p as I think it will be Around 20-25% down from the higher number towards the lowest.

Share holders transfer and new shares detailed on page 223 of the prospectus. All existing shares are transferred over and their will be 20% new ones being issued as part of the IPO. The cash then funds the better cash flow, development and expansion plan also detailed in the prospectus.

With most of the shares locked up with the major investors and BOD at 60% of the current shares. And PIs in the Uk having to wait weeks for the certificates. This only leaves the 20% of new shares in the IPO tradable in the first few weeks, should drive demand upwards.

Looks like we are down to the last few days of AIM and then is HKEX all the way to success on Wednesday. Some odd trading numbers showing up today, was that the MM’s distributing their bulk orders between friends before next week.

Not sure how much trading can actually happen as it’s slowly being shut down by the brokers. It will be a busy day Tuesday for anyone on the last platform taking trades lol

I know this is a little negative but I will get a little satisfaction when the RNS comes out announcing the HKEX price and the AIM hoards all try to jump in off the back off it and realise they have missed the slow boat to China and they can't buy even if they wanted to. This board will light up with people desperate to buy and asking lots of questions about how, what and why they seem to have missed this one. Good Luck to those with their finger on the pulse and about to hopefully get a windfall next week and for the ext few months as this trades upwards in HK.

When almost everyone is locked out from selling with their broker. The shares must be drying up and eventually will make it impossible to buy altogether (that's if you can find a broker able to trade).

I think we will see the new price announced on Tuesday as the end of trading on AIM finishes and then a fresh start on the 15th July on the 15th at 02:00 UK time. As HK finishes early on Tuesday there might be a little cross over but that might suspend trading on AIM early Tuesday or leave a gap between the two. Next Tuesday is definitely worth waiting for.

Most of the entry prices on the IPO's come in about 20% short of the maximum price so I am think we will get around the $1.12-$1.15 mark. If you look at the others on the information that was shared last night, some of them were 20-40x over subscribed but that doesn't mean they were oversubscribed at the higher price. Just mys opinion but worth looking into those stats.

Don't forget to always check the fundamentals as we can all get carried away with massive value increase in the shares, as if you track the performance this value isn't coming out of thin air its the hard work of the company in delivering orders, successful implementation and profits.

Once the IPO is activated effectively we will all own roughly a fifth less of the company as the share volume will go from 444M to 551M shares but the company will have a a massive injection of working capital to expand and target its new projects with better cash flow for resource and materials. This will then feed back into the balance sheet effectively over the next 6-12 months in driving up the value of the company rapidly. The odd thing is that although we will in real terms own less the value of our shares will almost double in value (AIM is so stupid to not securing the medium to long term value for investors, so have missed a trick here in what is a very successful growing company). This is just the start for CNEL and the future looks incredibly positive and the BOD have both funded the future growth and captured investor value with this move.

Don't forget to track the base line commodity price as this ultimately drives investment along with the E10 requirement in China, ethanol prices are accelerating upwards at the moment which is a very big positive.
https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

This might give a good idea of how successful recent IPO's have been, you can see the opening price and the upside (apart from China Saftower they have taken off nicely in the first few days trading)

http://www.aastocks.com/en/stocks/market/ipo/mainpage.aspx

As from next Wednesday morning I’ll have a few more daily checks to do.

I’ll become very passionate about the HK Dollar to UK Pound Exchange Rate
I will know what the current HK time is at all times
I’ll become very proficient at understanding the E10 policy in China
Will continue to track global ethanol Future prices

This has been a long time coming and a few have held the faith when this bumped along the bottom at 1.5p as some very negative posters on here ripped into the stock, company and BOD.

Wow it looks like this Company has held its nerve, worked hard and plotted a new course towards great success. That drink in London next month will be very delicious indeed.