Member Info for operastar

I have been waiting to see if anyone else would post this before i did. I have googled this Rule 9 and all I can find is that it requires the company making a "take over" (PHE) to make a MADATORY offer in cash or shares. So I assume that the offer made in the RNS today (although not in TPI circular) of 1,437,440277 PHE shares is PROVISIONAL pending agreement by us PHE shareholders at the GM. Is this waver just a proceedural method of getting AN agreement through at the meeting, or does it mean that the Bod can make any offer of shares they like regardless of shareholders wishes?

Stokey12. re your 14.24 post. Yes it has certainly been clear that under the collaberative agreement post merger, that Peel would have control of sales and marketing of the Protos and further 10 (or 11) sites (still not named?) . In that case Turner Pope have ither made an incorrect statement in their first paragraph as stated by Old Bee or worded it very badly. . To say " secures UK exclusivity for DMG technology " would be OK since PHE are in charge of that ,but not "UK sales and marketing " which they clearly are not under the post merger agreement.

Stokey12. re your 14.24 post. Yes it has certainly been clear that under the collaberative agreement post merger, that Peel would have control of sales and marketing of the Protos and further 10 (or 11) sites (still not named?) . In that case Turner Pope have ither made an incorrect statement in their first paragraph as stated by Old Bee or worded it very badly. . To say " secures UK exclusivity for DMG technology " would be OK since PHE are in charge of that ,but not "UK sales and marketing " which they clearly are not under the post merger agreement.

OK Piltick. I have just looked again and the explanation I have seen says that when the company issues the warrants ,normally the buyer will pay a percentage price as a deposit or they are issued to preferential investors like investment companies. When did PHE issue all these warrants that have been exercised over the last 6 months ever since the merger was announced. Is this anything to do with the merger and who to ? I do see that other companies do the same thing over a period of time.

OK . Thank you Piltick
So the holder does not pay anything until they exercise the warrant they hold. How does anyone get hold of a warrant in the first place. Are they available for any PE or only a select few?

I am not clear why this is a problem at all SlowRoll. All types of trains, Hydrogen,or Electric (over head) or diesel or battery or even steam will all be run by private companies since privatization. Only the fact that the technology is new makes it difficult.

I would point out that there is a rival train announced at roughly the same time about two years ago called " breeze"
https://www.alstom.com/press-releases-news/2019/1/alstom-and-eversholt-rail-unveil-new-hydrogen-train-design-uk#:~:text=7%20January%202019%20%E2%80%93%20Alstom%20and%20Eversholt%20Rail,create%20a%20clean%20train%20for%20the%20modern%20age.
Sadly, this joint venture has not produced a working train yet ,in spite of my increasingly irate communications , so they may miss the boat(or train). May the best train win!

Thanks for that explanation. I tried to educate myself about warrants but still hazy about what 0.5p means. I thought maybe it was a nominal amount, but you say it is what PHE actually gets at the time of sale. You say at the EXCERCISE of the warrants Stokey12 ,but that comes later doesn't it and that is what the buyer gets at the market price isn't it? STILL confused!

Cerea. By HL I presume you mean Hargreaves Lansdown? What about you Robin Hood?

Robin Hood. How do you invest in this share? NEL is a Norwegian share , so I did expect problems. I use LSE's own trading platform run by Jarvis. I tried an experimental trade but neither the ticker shown (0E4Q) or the name NEL worked. The ticker came up with another Norwegian company DIAGENITIC and NEL came up with NEL.XXX which did not allow a trade ( the password entry line was blacked out.

Cerea &Dsc . Yes Velocys is a good short term solution to the rubbish problem and not using more oil, but it won't de -carbonise the planet ,which is the reason I am into hydrogen for the long term..

Brilliant find NGR. Nice to see new posters here. This is a no brainer to me in principle. H2 has 130 Mjoules of energy / kg against 43 Mj/kg for Jet fuel. Even worse for batteries at 1Mj/Kg never mind the weight and need for propellers.This is the first time I have seen anyone say that jet engins can run on pure hydrogen " with minimum of change" and that some have been using a mixture of Methane and H2 already. As the guy says, the main sticking point is the need to liquify the H2 to get enough fuel on board and the cost of doing that. Instead of plowing research funds into more efficient batteries , I think corporations and governments should accept Hydrogen is the future and put that funding into more efficient cryogenics and also more efficient tanks that "soak up" more hydrogen at normal temperature.( more for road vehicles the second research I think)

It is certainly taking off ,unfortunately for me if investing. It is annoying that LSE won't do the conversion. Is there a charge for the broker on LSE trading doing the conversion do you know?

I think LSE is quoting in Krons too ! sorry We have to do the conversion I suppose!

Hi Robinhood69. I have just come on here having seen you mentioning NEL in the ITM BB. I see you quoting £1.49 as the share price today. LSE quotes 18.025 p ! I went to the NEL company web page to check and your price according to their share price graph is about correct at 1 Krone to 8.5p . Can you explane the LSE price. I see all trades quote the same bid and ask prices.

As per my previous post, I apologize to other BB users for my unwitting involvement in this irrelevant spat.

Thanks for that Dave. It worked fine for me up to a couple of weeks back. Oviously needs more investigation.

I have found my problem of loss of these graphs and the ability to post my own threads is due to using Google Chrome . I also use a search engine called Duck Duck Go that stops cookey tracking. I am producing this on Microsoft edge. This works fine but plagues me with pop up adverts in spite of turning everything off in the privacy settings. Is anyone else using Chrome?

By the "forum" do you just mean this page Ringworm?

has there been an upgrade of LSE ?