Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
On the day Zeus Capital is appointed joint broker the wife of its co-founder takes part in a discounted share offer, and while this doesn't sit particularly well with me it has at least been done with full transparency. As such I'll take it as another clear and positive signal about the business and its prospects given the insights her husband would have had access to
Late reported trade of nearly £90k after the close
16:41:23 25-Mar-2020 18.50 GBX 50,000 9,250.00 Off-book AIMX
15:26:56 25-Mar-2020 18.50 GBX 485,000 89,725.00 Off-book LRGS AIMX
16:10:51 25-Mar-2020 18.60 GBX 80,000 14,880.00 Off-book LRGS AIMX
16:29:29 25-Mar-2020 19.00 GBX 20,000 3,800.00 Off-book AIMX
16:28:48 25-Mar-2020 18.75 GBX 8,000 1,500.00 Off-book AIMX
16:24:26 25-Mar-2020 18.60 GBX 36,810 6,846.66 Off-book AIMX
Belated thanks Piltick for the London Stock Exchange site recommendation as an alternative to this one given the continued problem of no updates to trades and prices in the afternoon - small issue given everything else that's going on I know, but still a bit annoying. I've also written to them asking when they hope to have it fixed
The 'about PHE' section in the RNS contains the following when talking about DMG 'which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived'. Anyone heard about 'chemical precursors' before, or konw what they might refer to? First I've heard of them and interesting they're listed before hydrogen and electricity. Are 'other industrial products' also new?
Btw, as a lth but infrequent poster can I say thanks bb for insights and steady nerves over the years, chippy for organising the shareholder group and website and afc for (what really does look like) finally delivering
Risky, one possible explanation for the muted share response could be found in the late report trade yesterday of 100, allegedly the mm code for I need more shares, and the late reported trade added this morning of 400, mm code for keep trading it sideways (again, allegedly!)
Spoke to my MP (Vince Cable) on Friday about Powerhouse Energy. He said that when he was in Government he set up an organisation called Innovate UK to help companies looking for funding, especially around environmental projects . There are currently 18 invitations to compete for funding https://apply-for-innovation-funding.service.gov.uk/competition/search of which a few of the multi-million share pots available would apply to PHE, including one that opens today.
I've sent this to the general inquires mail address at PHE in case it's not a funding route they've looked at before.
On Monday the following automated trade was posted with an ask of 6.30 contrasting with the rest of the day when it was 6.98 before and 9.96 after:
10-Jun-19 14:59:41 6.04 50,000 Sell* 6.04 6.96 3,020 O
10-Jun-19 14:22:48 6.30 1,000 Buy* 6.04 6.30 63.00 A
10-Jun-19 13:16:23 6.375 5,000 Sell* 6.04 6.98 318.75 O
If you believe these things (and I really don't know enough to comment) a 1,000 AT is the MM signal for 'Don't let it run'. If that is the case we should be on the lookout for a 2,100 AT, apparently the signal for 'Let it run'......