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Yep, very good vol today with buys steadily on the increase.

I think the sp has a more than good chance of some recovery soon.

For the next two days the buys are going to be thinner on the ground as most pi's will be buying via the 0.5p placing. But, the £125k placing is very small indeed and I suspect pi's won't get all they want. You can of course buy at 0.5p on the open market today anyway. So, can we expect the sp to climb Thursday onwards as surplus funds, as it were, are then used by pi's to buy after the placing period? We'll have to wait and see. I'm sure the mm's will be taking full advantage.

The White's have definitely been selling recently but, could they be looking to buy back in? Or, are they exiting altogether as is generally accepted by most pundits?

When can we likely expect next news or maybe a video interview from PE? Maybe by end of this month or possibly early April?  There are definitely a number of possible news opportunities that could break within the coming weeks.

I'm buying more and averaging down as I'm hoping to cash in on a possible sp recovery over the next few weeks.

GLA

Equally, I hope all you shrewd investors keep your nerve and don't get fooled into selling at these lows.

Your sell is someone else's gain.

Castle

Yes, only £125k so, that'll be þaken instantly.

It's all the same to me at these levels 0.5 or 0.55 🤣📈👍

All aboard 🚆

Plenty of news due down the line very soon .

Crazy not to buy at these lows today.

I don't know what everyone else is doing but, I'm loading up big time.

Ì'll be more than doubling my holding at these lows and more than halving my average which is currently 1.18p.

GLA

I'm just wondering. Is the new raise in addition to the 12 - 18 months of cash talked about at the open day? Or, is this the bulk of available cash in hand?

Yes, either way, if phe runs out of cash before they generate any worthwhile income then more will need to be raised. But, I'm absolutely confident they will become cash self-sufficient. You either believe in the and invest in phe or you don't.

It's all systems go in my opinion now.

I don't suppose the White's selling ahead of the announcement and possibly buying back in at 0.5p could in anyway be considered insider trading!!

Each

I'd agree regards your two possible outcomes. The thing is the companÿ is now in a very different position relative to the previous raise August 2023. So, my view is at these 0.50p levels there will be strong buying activity going forwards. There should be good news flow throughout 2025 and I reckon shareholders large and small will be buying in to take advantage.

Thanks Each

That's a very interesting post and all sounds perfect reasonable and logical to me.

Shareholders generally don't like dilution of course but, this was small and manageable and I don't think the bod's set out lie to anyone or in anyway cheat shareholders.

I'm quite cool about the whole thing and have plenty of confidence going forwards.

Great post anyway and thanks for sharing

This raise was certainly unexpected but, I'm feeling we're now in a very different position compared with the last time they raised cash.

This time the cash raise is to accelerate and further the existing projects which are now finally  being realised by the company. This is the future for PHE and they will hopefully be generating sales and cash income going forwards from here.

RNS 22nd August 2023

Use of Funds

The Directors have undertaken the Fundraising to increase the Company's cash reserves following a revision of the business model and to cover a significant proportion of the build and fit-out costs for the Company's new Technology Centre in Bridgend. The Technology Centre will become the Company's new head office as well as housing a scale version of the Company's new feedstock testing unit utilising the Company's proprietary DMG® technology, which will serve as a reference site for potential customers, and for development and project funding partners.

..........................................................................

The latest raise 14th March 2025

Use of Proceeds

 The Directors have undertaken the Placing to facilitate an acceleration in the Research and Development activities of the Company, in particular to fully demonstrate the flexibility of the DMG process at the Company's Technology Centre in Bridgend, as well as to allow the Company to increase the momentum of its current project pipeline. Specifically, funds raised are expected to be allocated approximately as below:

· Ballymena (£350k) - Progress option on site, undertake planning and permitting activities, develop FEED package to allow tenders for EPCm;

· Australia (£50k) - Develop engineering package in parallel with paid FEED (allowing further development via testing at PHE's Technology Centre);

· Research and Development (£150k) - Continue work on development of alternative outputs from DMG i.e. Liquids, sustainable aviation fuel (SAF), etc as well as adding additional equipment to the feedstock testing unit (FTU) process to prove at scale;

· Engsolve (£150k) - Grow engineering base to allow fuller support of PHE projects i.e. detailed design, commissioning and pre-operation phases. Also, to market Engsolve to a wider audience to increase revenues'

· Working capital, to include additional projects, sales and marketing (£550k).

As soon as this small raise has been concluded the sp will fly IMHO.

Remember. There are two types of raise:

Large heavy diluting ones to keep the lights on

and

Small top ups to properly manage development of company activities

A small and manageable raise to invest in the companies activities, which is a good thing.

Now this is out and will soon be concluded the share price will have a clear road ahead to rise on news updates.

All good in my opinion.

Ha! I bought at 0.65 last time.

My overall average is now 1.18p which now seems quite high.

Just hoping this recovers with news soon.

You may well be right DC. But, spotting patterns is just as ŕisky a strategy as any from my experience.

To 20day has crossed the 200 on the daily and weekly charts. Be interesting to see how this proceeds this week and next.

I'm surprised more folks aren't buying in at these sub-1p levels.

It looks to me like we've had a tree shake to scare a few pi's possibly ahead of good news. Well have to wait and see what comes next.

I might buy more later.

Yep, anything can happen DC but, for now it's clearly a rebound. I'm relieved for now and pleased I bought in today average 0.65. I hope others here are bagging some bargains.

Let's hope we get some good news this week to help it on it's way.

0.79 paid

Up up and away

Fill ya boots time.

Booooooom!

Just managed to get in with another 450k of shares.

Looks like it's bounced off the bottom. I hope!