Member Info for mister_tidal

Well, crisis averted. I was hoping for more updates but perhaps they'll follow.

At least now the company can continue their path to stabilize. If we're lucky, the lowest point is behind us now.

I want to see a 40 to £50m market cap

No news yet?

🤞

Let's see. Things changd for the better but, assuming we make it past 22nd, it'll still be a long way.

We've got one insider buy stock, which is good, an outside institution buying stock as well would be even better but that is unlikely until there is path to profitability. There, I said the p-word.

On the bright side, any real outlook towards that would do wonders to the share price as it stands today. 😅

Let's see.

Part of me really hoped Friday could cause the share price to surge but now I feel like it's either bust or business as usual. I don't mean go all the way up to 10GBX and beyond but, idk, maybe at least 20 or £30m market cap would be nice to at least get the feeling the company does have some value on the market.

Now after years of hard work SAE gets the chance to truly expand MeyGen. Given that the company isn't worth that much at the moment, what would they get from SAE going bankrupt? Letting the company down now would be a weird move but then again.. the norm over the past years was bad surprises. Let's hope this changes from now on.

Ah, sure. For a second I thought there's anothrr meeting I didn't know of yet.

What meeting?

Let's first try to crack the £10m mark though 😅

£100m market cap here we come! 😅

I'm with you on this.

I don't know if a positive outcome on the 22nd is going to do a lot for the share price in the short term, but it'll allow SAE to deliver in the next 2 years which should allow for a recovery. Debt is still their biggest enemy for the time being but if things go well, and it looks like they will this time, SAE should get it under control.

We know that SAE is going to require £100m or more for the next MeyGen phase. The CfD should be a security for their creditors so it shouldn't be a problem to get that money given SAE is able to manage the existing debt as well. This is where BESS comes in. Am I starting to see the bigger picture here?

Https://www.offshore-energy.biz/european-project-shows-potential-for-significant-reduction-in-tidal-energy-costs/

As long as I seen +100% spread in Stuttgart, Baader Bank and gettex I can't say that these small trades really affect me.

The irony: my deposit used to be on the London exchange but I decided to transfer it all s.t. I don't have to switch between Flatex and Comdirect.

Thanks OT 👍

Wish we had a market cap estimate for the company assuming BESS and the 50MW deployment. They are between a rock and a hard place. They'll need money while already having significant debt. Yet, Duncan is not afraid of dilution or anything it would seem.

Who are you Duncan? What did you see?

Continuing to be a "wait and see" at SAE.

A little wishful thinking doesn't hurt.

I am getting the feeling that its the calm before the storm. The fact that Duncan Stuart bought around £50k worth of stock certainly fully aware that SAE might go belly up next week keeps me busy.

Is this just a bet he's taking? Or is he just very confident that all will be well? If so, why did nobody else scoop up some additional shares for good measure?

Guess we'll just have to wait until 22nd.

Seeing somebody buying more than double the shares I own for basically half the money is still hard to digest though.