The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Thanks for posting this Mike and agree with your comments. I have just signed the petition and the total now is 680 so very disappointing. Whether we like it or not the financial world run markets with some companies specifically concentrating on short selling. They would argue that they are supplying a service to highlight company weakness and rarely can that be disproved.
I would definitely like it banned but never going to happen.
Yes, I know that feeling well!
Bad news travels fast so I think we would be seeing a major collapse in the SP if that were the case. However, once again the world appears to be dragging its feet where grid scale battery storage is concerned and when this picks up is anyone's guess. The question is will it be soon enough to save IES in its current form? My guess is it will result in a takeover by a major player because at the current price, considering the amount of money that needs pumping into the operation, it is realistic.
Piltick, like you I have tremendous hope and optimism for IES but to answer your question, the market has a very long memory. Anyone invested here since the Camco and then Redt days will tell you we were getting regular RNS' in the same vain every month or so. Same hopes and aspirations, Grid Balancing etc etc, but nothing happened apart from each of those Companies went steadily broke. I really hope that the same doesn't happen here, but small companies addressing
huge markets often run short of cash as timescales are extremely hard to predict with any accuracy. I have no doubt that if and when orders for Grid Balancing and Micro-Grids really start to roll IES will become part of a very large company, probably Siemens. I just hope that they can hold on for a few years so that us longs can get some return for our patience.
This deal has Redt 's signature all over it. The very longs on here will remember similar deals struck with Riverfort which caused chaos with the share price until they had dumped all of their shares. The only difference this time is that IES are actually booking regular orders where as Redt's forecast were pie in the sky. As gspanner says give it a few week s and let's see what happens. If the oder intake continues then we should hardly notice the dilution but if we go months without further news then a lot of newcomers who bought into this in the last few weeks will get severely burned.
Conaccord Genuity today increased Volex target price from 500p to 510p.
There is no doubt that VLX debt is increasing to support acquisitions. However, given their history of profitable growth via acquisition then apart from tech stocks being out of favour there appears to be nothing sinister in the SP fall.
Superzero:
Larry Zulch and Peter Dixon-Clarke, both directors of the Company have indicated that they intend to participate in the Placing for 12,000 Placing Units each. Larry Zulch and Peter Dixon-Clarke have provided non-binding indications and a further announcement will be made in due course once such dealings have occurred.
I think this might warrant an equaliser!
Audio 1 Sahid 1 ;-)
I can't see it dropping below 100 again. For sure there will be a fund raising and most likely private but this is already priced in. Schroders have been constantly mopping up loose stock, almost another million last week at above the current price. I doubt they expect the placing to be much lower than the price they paid and they are more in the know than we are. All in my opinion!