Member Info for Newboy58

I do wish I'd taken my money and run after that crappy placing rather than jumping back in at £1.50 ish... I honestly thought they had the structure and product to support great sales .. be nice of them to announce a few at some point..

No, an update in June means just that.

You can buy cheaper than sell at the moment, very odd...

0.6p would be better InvestingGenius :)

Me too Jettydog, I have a lot more faith in the management here for a long term hold

Depends on the placing Jadams, this was such a big discount I don't think it will go that low... We'll see though

Bought at 6.32, seems a good price

Yes you are correct NYR I thought I could sell and buy back in lower, I was wrong and missed the rise. But it's all controlled by the concert group. They have played this brilliantly bit it's now built on sand imo, £100 million company with no money

Do I think the tech has massive potential? Yes I do

Ffs sell some units already, why do these companies always have to take it to the wire!

Not really Sharesport, except I sold out at 1.2 as I thought this was a very dodgy deal, I still do. I'll go away now as I was wrong again about the SP tanking... Gla

Tank I recon mate, look what you are buying for £50 million worth of shares:

For the period 1 May 2018 to 30 April 2019, W2T generated an operating loss of £282,412 and a loss after exceptional items of £459,937. The unaudited accounts as at 30 April 2020, show that the net liabilities of Waste2Tricity totalled £722,550.

W2T's Board has recommended the Acquisition

Wakey wakey guys, it's out!

https://www.investegate.co.uk/powerhouse-enrgy-grp--phe-/rns/proposed-waiver-of-rule-9-and-notice-of-gm/202006260700051517R/

We need to stop exporting out trash!

BBC News - Why is UK recycling being dumped by Turkish roadsides?
https://www.bbc.co.uk/news/uk-53181948

Yep

I really hope the design freeze isn't just a damp squib after all this...

I really hope the design freeze isn't just a damp squib after all this...

Hard to put it up when they just placed £20 million at 5p per share..

Could it be fete that i just got this sent through! I'll have a read now..

Further to yesterday’s announcement of a proposed fundraise, this morning Velocys has detailed the results of its Placing and Retail Offer. A total of 400,000,000 new ordinary shares will be issued to retail and institutional investors at a price of 5p each, raising gross proceeds of £20m. The original Offer of ‘a minimum of’ £10m met heavy investor oversubscription and was upsized to £20m with a view to satisfying the Company’s anticipated funding requirements going forward. Beyond this, Velocys now also proposes to raise up to a further £1 million by way of an open offer of up to 20,000,000 additional new ordinary shares to eligible shareholders at the same price. Completion of the Placing, Retail Offer and Open Offer remains conditional (amongst other things) upon the passing of certain resolutions. A General Meeting will therefore be convened for this purpose at 10.30 a.m. on 14 July 2020. Further details, including the terms and conditions, will be made available separately in the circular to be published by the Company in connection with these actions.

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/b533aac6-38a6-433c-af53-a8360449adf5/Velocysplc__25_June_2020__FINAL_BG.pdf

Fair point Steve but somebody is getting them..

thanks draft, looks amazing, 2025 is a long way off though may be worth putting a bit and forgetting about it for 5 years... atb