Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
So after the sell offs etc and also demand to buy into RI expect to see SP to.rise to 220-250, before Nov 28, when RI will.bring average down to 130 pence
Long term the business has restructured debt to survive and operate and lead in r and d
Unfortunately those.who have bought in around 300 plus might wait till 2021 to.se SP return.
SP dillution at a time when SP is already low should not impact it to rise to loft heights of 400- 800 in next 5 years .
I have faith in long term so not bothered about immediate downturn.
They have liquidity and revenue incoming to survive
Im.on the warren East conference and this looks like a worst case senario RI.
Ok as a long term investor, the company seems safe and secure, the drops to 80 pence does not reflect their future path and growth,
Its all about having balls now as existing investors to ride the storm and SP dillution.
For me its a fascinating journey seeing this price drop and in hindsight not taking the riak off approach before it whittled down to this price.
Fear is the SP not recovering if there is. RI, however positivity is in long term look, but so much press garbage stoeies out there from JPM releasing 6 billion is needed, to others analysyts reporting 2.5 billion.
Are we expecting a Government backed low interest debt issuance of up to 6 billion.
Thats where my prayers are at