Member Info for Phyl

Thanks for your response & confirmation OHS. We can apply little or no credence to the SAE Share Trades on LSE. To be honest the MM's appear to be making a complete mockery of the data. Manipulating the buys to show as sells should be outlawed as it gives totally the wrong impression of what's really going on. It makes me think they are actively encouraging investors to panic sell (in many cases at a loss) to potentially fulfil client order books with cheaper shares. If correct, it makes me believe there is a total lack of regulation on these people. How can that be right in this day & age? Needs urgent review in my opinion. In the meantime, PI's, it seems, are at the mercy of the MM.

Does anybody know what's driving the drop in SP today?

At the time of writing there have been 33 share transactions so far today on LSE mostly showing as red sells. However, the buy price is 21.2p (as I write) so anything showing as 21.2p or above should be a blue buy and not a red sell. If I'm right this means those naughty MM's are playing their mind games again.

Interesting article from stockopedia in relation to SAE:

https://www.stockopedia.com/articles/brokers-bullish-on-simec-atlantis-energy-shares-176369

Hi King5hott, they can fix a turbine in no time at all. It has something like a 25yr lifespan. There are patents on the turbine. The following should help with any questions:

https://www.lse.co.uk/rns/SAE/joint-venture-u10xuzhg6krj610.html

Hope this helps for now.

Excellent summary this OHS & thanks for sharing it. Feels like we are on the final approach with all systems looking good. Let's hope the remaining questions can be answered ahead of the 19th March and to NRW expectations. I for one remain as optimistic as ever the permit will be granted & potentially before the 19th March and then, the skies the limit!

Most of us investors are very much keeping a watchful eye on the SUP project & rightly so but lest we forget there really is a lot going on with the tidal division as you will have undoubtedly tead in recent previous posts such as the one oldtramp has just posted. Keeping with the same theme, the following link provides further insight into both the future of tidal energy from a technical engineering perspective but read on to find out more about "The Atlantis Project".

https://interestingengineering.com/the-future-of-green-might-be-the-deep-blue-sea

Hope you enjoy reading it as much as I did. Have a great weekend one an all.

http://www.surinenglish.com/national/202101/20/astrazeneza-signs-deal-with-20210120124652.html

Considering recent posts on tidal & growth the following link seems apt...
NB: mentions Simec Atlantis right at the end. Naturally.

https://www.rechargenews.com/transition/global-ocean-renewable-energy-could-reach-10gw-by-2030-buoyed-by-island-and-coastal-markets/2-1-922029

Hi Shareseeker10, any arguably confusing RNS such as the one this morning can (and usually does) trigger a number of sells. Usually, these are private investors like you & I whom consider the afformentioned RNS as not being conducive to the health of the company therefore negatively impacting the SP. This naturally triggers a selling exodus that inevitably results in a short term drop in share price. We have seen it before. There is nothing to worry about here in my opinion. In essence, today's RNS means that the investor has taken up their Dec rights and this is their 1st settlement from the initial investment made. This is as how I understand it. I fully expect a bounce-back. Hope this makes sense & helps for now.

Good post Toff. I absolutely agree. The problem we have is that brokerages such as CS can say whatever the hell they like without any fear of retribution whatsoever. Furthermore, they can say it without providing substantive or quantifiable back-up. Talking of back-up!!!

The SAE AR500 turbine & subsea cables are being installed just off the Goto Islands in Japan as we speak using a Norwegian DP vessel. Great news for the tidal division!

Alas, it will always be like this unless the market makers are properly regulated. They are the scourge of many an investor particularly a UK based investor almost no matter the share they hold and I include myself in that having suffered at the hands of these pond life individual on many an occasion. Quite agree: The UK stockmarket is no place for a Pharma company such as GSK. The MM's make their living from putting companies such as GSK on a pedestal then to kick the legs. Were the ones left picking up the pieces
Shame on them.

Building blocks. Enough said!

In case you missed it...

https://m.youtube.com/watch?v=eTgbFxVCb2U

Morning all, just want to share with you the following link regarding the new CEO and is relationship with Meygen. Nothing unsurprising I'm sure but the last paragraph might be...

https://www.johnogroat-journal.co.uk/news/meygen-company-appoints-new-chief-executive-224793/

Hope you find it as useful as I did.

Following on from my earlier post:

http://licensing.newport.gov.uk/online-applications/propertyDetails.do?activeTab=relatedCases&keyVal=IKYM2KLC17000

I will provide the forum with an update once I know more. In the meantime, I'm thinking the application could well be for a new data centre which would be great news as it underlines once again SUP's confidence the EP will be granted. Time will tell.

OHS, Lesserof2weevils... are you one of the same person! Ha ha. Joking aside & on a more serious note, it appears a new planning application has been submitted to NCC. No details as yet but trying to find out its nature.

Pictures paint a 1000 words but with this we get both!

You get the prize Lesserof2weevils!