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Just jumped to 6.5, something going on?
Not 100% sure but , anyone with a sizable interest in TPG has to declare it during a takeover period, something to do with voting reasons, I assume .
The future is promising.
https://www.gov.uk/government/news/uk-government-launches-plan-for-a-world-leading-hydrogen-economy
That most of my other hydrogen share today are down 4-8% and this is still holding very well, hope I haven't spoken too soon!
Investec on board with a 5.9%! Very encouraging.
It's a new company so not much history to show, hydrogen has had a good run already, if you believe in future potential of hydrogen (I do) then invest for the long term.
This is from their prospectus:
INVESTIBLE UNIVERSE AND ILLUSTRATIVE PORTFOLIO
Introduction
It is anticipated that, once the Initial Net Proceeds are fully invested (with the Liquidity Reserve having
been subsequently invested in Private Hydrogen Assets), at least 70 per cent. of the Company’s
assets will be invested in Private Hydrogen Assets with the balance invested in Listed Hydrogen
Assets. Over the medium to longer term, it is expected that the weighting to Listed Hydrogen Assets
will reduce further as the allocation to Private Hydrogen Assets grows, with Listed Hydrogen Assets
primarily focussed on strategic equity holdings derived from the listing of operational companies
within the Private Hydrogen Assets portfolio over time.
INVESTIBLE UNIVERSE
The Investment Adviser has identified Hydrogen Assets with a total value in excess of US$90 billion
Just had confirmation from HL and my bonus shares are showing, also a tick up of 1% due to directors buying. Not a great deal but an encouraging steady start.
Don't think they are fully invested yet.
Anybody received the bonus shares from HL?
Also keep in mind that the IPO was only open to UK residents, it's now open to the global markets, GLA!
Yes, just under 50% but just above the threshold for proceeding with the offer, but the IPO is only available to uk residents, so may be more demand from international investors after it opens to the market on the 30th of July.