Member Info for MPO818

Gazzleberry
Chill, you still have 3 full days to do a runner - Haha

Data for the 18 days of October shows an average flow rate of 0.1539 there has been one day of just over 0.06 impacting negatively on the average that was in the first 9 days.
Data for the first nine days shows an average flow rate of 0.1421
Data for the last 9 days shows an average flow rate of 0.1657.
I conclude that things are improving reasonably well ahead of the sidetrack and second compressor. The gas price has been declining, but with winter ahead of us that is more of an issue for consumers than ANGS.

IMO they should take "centre stage"

Into to 20's - that would be funny if it wasn't so sad - not one for inheritance money or widows and orphans.

Chucky1977
I forgot the quote "Will generate revenue" omitted the important "commercial" word.

Chucky1977
'Will generate revenue'
We will revisit this conversation in the coming weeks when the financials are available - the revenue (imo) will (maybe) cover the cost of AFC personnel showing how to use the "Power Tower" and perhaps deliver charges.

I can fully understand their pleasure at this (new to them) charging facility - WHAT I DON'T APPRECIATE is they aint paid AFC for that pleasure nor have they committed to do so in the future. The box does look great though.

Planned to raise £24m at 27p - When (not if) this fails the you know what will really hit the fan - trade but be aware you may well lose the lot.

Since June 2022 I have managed to trade my holding several times making a net 18p in total. Not a lot for the effort, but adding to its circa 19p dividend it is by far the best investment return in my portfolio. Once financial markets stabilise this will be a lot close to 300p than 200p with still the prospect of an unwelcome US bid.

Why would anyone want quarterly dividends increasing the admin costs for the company - move your dividend to an interest bearing account (say Chase or Marcus) then drip it monthly or quarterly into your current account - job done.

Valueeformoney
Conversely since Christmas 2021 its fallen from 80+p to circa 17p the big question that all investors want to know is the next move:
from 17p to 9p ---- or from 17p to 50p. Really excited to read the coming post year end trading update - another big question is WILL WE GET ONE.

to add - It is either the investment of 2022 or the placing fails (probable) and it goes bust.

In a placing at 27p when the underlying share price before any dilution is below 20p? all sensible answers only.

Whether you are a member of the TELGRAM group or a ramper or basher on here the fact is AFC have still:
No orders
No sales
A very depressed share price
A very well rewarded CEO
All the fault of inflation, Covid, Russia, Liz Truss and general market conditions - God help us.

All the rampers and bashers have lost the will to post, has the attitude of the AFC management finally rubbed off on posters.

Dick, good to see you posting again, when you awake from your afternoon siesta perhaps you could give your opinion on the 33rd licensing of the 900 plots on offer (thats per the FT) I'm hoping JOG are not distracted from the immediate job in hand.. I got rather excited by the JOG sp movement on Monday and Tuesday this week and the volume on Tuesday (over 500m) convinced me that news would follow on Wednesday. Some on here even suggested a leak of news may have occurred (it has happened before). Things have settled a wee bit, so it is back to watching and waiting. Have a good weekend.

Price movement above 350p has brought in some sellers, imo MM's are short of stock as we move to an interesting close.

It came one day after the BOE increased the base rate by 0.50%, and it destroyed the market, the currency and the mortgage market. LGEN touched 209p (at which level they yielded over 8%) Next came reports of solvency issues with pension funds compounding the declines and forcing the BOE into action and the withdrawal by many banks and building societies of mortgage products. This is what I find amazing, the FT reported today that "There were 2,262 mortgage products available to UK borrowers on Monday, down from 3,961 on the day of the mini budget". What on earth is going on, how do you choose the right product, surely the door is wide open to "mis-selling. It's a long time since I had a mortgage, and I know times change, but this number of products is just mind boggling. The lenders must be making a fortune in arrangement fees. The whole episode will have lined many pockets. The statement from LGEN this morning is very reassuring, we have a very strong business plan, excellent management, and higher interest rate will drive profitability across the group.

Gone from 80k to over 150k in 20 mins, I would not rule out a leak, and according to the FT there is only a little over 16m shares in free float. Exciting times.

working
6.88 divide 1.13 times .88 = circa 535p