Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I'm just hoping it is insider shorties trying to find the door. Probably completely wrong though.
Might be mental, but I'm HODL'ing.
Only in for a penny (they already spent)! Lol And a low 20p average on my punt so just getting the popcorn out and waiting to see how scary the horror show is.
2 days...just long enough to not see how much the shorters reduce at this 15p level it is bouncing off.
Comments still crack me up. This should really not be a surprise
But noted. Few million dished out to that lot in the newest RNS and I've not seen much in terms of performance in terms of results or share price which would necesitate that kind of deal. Must have some good t's and c's or be up to something we aren't privvy to at this point
Lol at the second last one. What? He bought 150 quids worth?! Is that even worth reporting pmsl
Bond prices still scare me though.
But do think there's a battle we don't see between those big money insider LSE types.
Major shareholders (115 placing lot? O tooke a few of thosefor my own stress) V bond holders..... bond holders now at 25p in their pound. Share holders not done that well by todays prices .
God knows what all that means...but theories running rampant in my own head....
So would welcome some other thoughts, theories and analysis.
Understand the logic simply.
I have gone over a few dilution scenarios in my head and although I still think I"ve taken a big gamble and could be wiped out....took the gamble anyway.
What's it worth with hardly any debt? 100mill? Doubtful. A several billion...probably not. So what, 400mill, 500, 800 feck knows. Hard to tell as I've not seen the contracts for all that 8bill of work.
Why did lending costs on the shares go up?
Where did that story come from and what could be behind it?
Scratching my head a little at that one....
A bunch of buys going through
Interesting call Tallies...no D4E?! Wowsers. Think that would be good news so hope so.
Although how the fix financing then becomes the question.
Where did you see the fitch news thomas?
Preferably a link. Could not find this news anywhere.
Due to the username, i wondered if PFCV was an ex staff guy with big holding bought through employee schemes. If so, could easy have bought at very high cost a long time ago.
Oops...
Continued...
positive cashflow and reduced debt.
Now sitting with fingers crossed that I'm not diluted too much to still pull a profit. Happy to wait it out even if I take a bigger hit.
Yeah - I remember you getting out and making some comments about negative shareholder equity around that time.
And I'm still nervous so haven't gone in hard. But as you say. This could be the turning point if they can resolve. Bond price still worries me and I could be i for a long slog if D4E isn't as favourable as I hope. Market cap should be decent with that backlog, a return to positive c
I know Poker and it really is gut wrenching to hear 6 figure losses from PIs.
Happy here though given I just dipped my toe back in.
More closing yesterday/ today? Nice recovery today so far either way.
Sad to hear tge scale of some of the losses from sellers over last few days.
Hope (selfishly) they were wrong.
Watching hardtalk on BBC.
Is it just me, or does the dude Danny Danon look like a young version of him lol
Grasping confluence.
They stated solutions across all asset classes. It was cleqr dilution was coming when that first one came out. Some were saying just that on here and being shouted down.
PFC.
Yes - there will be a dilution of shares. That doesn't mean the value of the shares dropped by the leve the dilution implies.
As others say, it may be semi, fully or even over priced in.
I posted earlier on this. Once the D4E is done, the debt is reduced and the backlog remains. It just depends on the level of dilution and perceived value of the backlog afterwards. So as per my earlier post, what is the MCap after financial restructure and how much of it will we then own.
Todays price reflects the oncoming dilution and big debt. Not may buyers and lots of risk. I took a small punt, but money I am prepared to lose. Thankfully, I got out from a much higher level with a small loss. Had I held til now, I'd have lost heaps!
As a holder it is trickier. Pure gamble either way IMHO. And I'm no trader or analyst. Partly expect to still lose the 5k I pumped in. But you never know. MCap could end up rising back towards it's peers, which even with a large dilution, could still leave me with a profit in coming yeqrs and from these low levels.
I know, I hear you Tony, I'm an idiot gambler! But plenty in reserve if I feel like averaging down if they get the debt fixed and it doesn't go private at that point.
The company has an mcap of 100million.....
With the debt ....
And with D4E looming.
Question is, what it will be without that debt... without D4E looming.
And therefore, what has been priced in at this low MCAP and share price...
Answers on a postcard!
Could this newly installed CEO (or his masters) have had a short?