Member Info for Money_nvr_sleeps

there is of course more risk with this stock with recent developments. i'd holding and topping up sensible amounts as personally do believe this will come good - totally understand if it's spooked people into selling though.

absolute rollercoaster this stock, one thing we can all agree on is it's an exciting ride.

what was the threshold for the percentage of MCAP making it a requirement?

and what is the correct MCAP?

Mister_Tidal - how do you KNOW ATES was sold for £10M?

you're bearish, i'm bullish. we are all entitled to our opinions. all investing is a form of gambling and I like the risk/reward factor with SAE, if you don't, no problem - just hold or sell.

@mister_tidal - you don't know that for sure. no point in making an assumption on the sell price.

I also put my money where my mouth is and purchased more shares earlier today.

we are making assumptions but based on the very limited information we have on twitter announcement, I see mostly positives coming from the sale.

the below is my take on it - do not troll me or reply angrily, it's just an opinion.

I see the UK Gov't sooner or later being forced into investing further into tidal. This is the main income boost I see for SAE currently and one of the main reasons I invested in the company.

Whilst its very unclear, I expect SAE and Proteus will work together rather than compete with each other. The orders for turbines from other countries are hardly going through the roof are they (have there been ANY???) so Proteus benefits from selling turbines to SAE and SAE benefits from discounted turbines - whilst significantly reducing it's debt which was the main threat to its continuing existance.

All solid projects with huge potential. I'm happy with the move, just wish they would confirm what the sell price actually was so we know how much debt has been reduced.

Everyone feel free to post on their twitter asking for an RNS, seeing as that’s the only media channel they seem to post anything on :-/

no point in speculating what they sold for - let's wait and see what the actual figures are and have a debate based on those facts rather than guessing - agreed?

We have all seen exactly the same information and are aware the focus is going to be on revenue generated from the UK site.

SAE were straddled with debt - which the majority of us on this board agreed was one of (if not the MAIN) risk.

Depending on how much they sold for will determine how much of the debt has been reduced.

IMO this move allows SAE to streamline, be more efficient, and focus on the development of the UK site which is what has been generating revenue for the company - not turbine sales.

I’d rather have a bird in the hand than two in the bush and there’s a huge opportunity for revenue generation just with MeyGen alone.

“For those who didn't pay attention”

Incredibly patronising as usual.

I for one, did not invest in SAE because of the potential turbine sales. I invested in SAE specifically for the need for renewable tidal energy for the UK and the revenue that will generate if/when the UK Government properly invests in it.

No offence Mister_Tidal, but I’d really like to hear OTHER investors views rather than just yours.

How many turbines have been sold around the world so far? None right? Let’s see how many sales Proteus actually get.

Meygen is actually generating revenue.

I’m equally annoyed with the lack of RNS but let’s wait to see what happens over the next few days/weeks before making any conclusions.

I was going to top up my holding but that’s on hold now.

@mister_tidal

You are far too emotionally attached to this stock.

good point with reasoning Timaeus.