Member Info for semaphorRed

"‘Boy who cried wolf’"

This is exactly what the market feels. The price won't rise properly until then

Hostile takeovers: are, unsurprisingly, quite complicated. It's why M&A lawyers make the big bucks. There's loads of rules.

If a bidder wants to acquire shares that represent 30% or more of the target's voting rights, they must make a mandatory offer in cash. This offer must be at least as high as the highest price paid by the bidder during the offer period or the previous 12 months

The target company can institute a rule that requires full cooperation - various rules mean the acquirer can need, variously, 50%, 75% or even 100% of the shares.

This PDF makes for good reading

https://www.herbertsmithfreehills.com/dam/jcr:703b86aa-6965-44f1-a466-ec904e223a7a/Guide_to_UK_Takeovers.pdf

"Lol bitcoin will never go to zero"

I fear, nonsense as it is, you are probably correct. Which is why share prices - especially in tech - will forever remain divorced from earnings.

"Can this reach the heady heights of 40p?? As this where I’m breaking even!!!"

I know Burble is the numbers guy - I'd like to know our total loss per share from a tax point of view - I don't have access to this data. I'd imagine it to be large and valuable. Remember - 40p seems a way off and to be sure there were significantly fewer shares then, but the money raised by additional shares has produced tax losses. And remember too that the 40p share price was also based on nothing more than hope and dreams. We should exceed that with commercial contracts. That said, I'd buy more now to average down if money allows.

"it is necessary to consider the effect of inflation (our SP needs to be relatively higher to account for it), the increased number of shares in circulation now, and the lack of money generally in the AIM"

This is correct post commercialisation when share price will be related to a particular PE ratio. At this time, we have a share price of around 2p on the assumption that even with all the factors you mentioned, Quadrise would fail. If Quadrise, to take a random example, signs with Utah and produces a steady flow of MSAR to the market, US investors will jump on this. If you look at share prices over the last decade, they've become completely divorced from reality and I can't see that changing.

PE ratios for technology companies (like ours) of all sizes regularly have PE ratios of 40 to 60 with smaller tech companies having even higher ratios. I'll believe PE ratios will fall back to reality when bitcoin hits $0. Until then, there's floods of money in the global market looking for a home.

"If they both aline can't see why 10p would be a dream.."

Pie in the sky but....

Getting the $1.5M from Utah - extra 2p on the share price from here

Getting Utah commercialised (making money on the sale of MSAR or MSAR variants from Utah at any scale) - minimum additional 5p on the share price

Signed binding 3 way agreement: additional 7p on the share price (to me it should be much more but we'll say that).

Combine these as you like.

"Not if they bought in a year ago, it's still down from then"

This is very very technically true.

Week to date: 65%

Month to date: 42%

6 months to date: 38%

YTD: -17.5%

One year ago: +85%

5 years to date: -33%

Highest share price over the last five years is 5.5p

"What broker accounts do so many QED traders use that give direct market access??"

Google isn't guaranteed real time or level 2 or whatever but there's no delay either - it's approximately minute by minute. Just Google:

QED share price

I'm not one of the clearly dozen or so people here who understand this best but it would seem we were waiting for a trial to start where the assumption, based on the Maersk trial and interim successful LONO and the face that this is the same ship, engine and basically the same fuel, was that the trial would be successful and they'd probably decided to take on the fuel. Now we're waiting for a similar signature but for a trial where they'll *definitely* take on the fuel. The value of the signature on this contract in simply mind blowing - it's multiple stages (and multiple RNSs) all at once. I think I'm right in that?

...a binding commercial agreement now.

10p? It's

I have (not looking at quoted prices) first trade at 2.33

"In fact I think we may see some decent activity in the right direction"

Think you might be right :)

"normally, we go up and then sadly back down again"

Share prices often go up and down, but at the moment we're down...way down, not up.

"Your choice is retailing at over £2k"

I've only ever had it for free. Whether QED gets to 50p or £50 I wouldn't ever spent 2k of my own money on fizzy grape rot.

"cold bottle of Bollinger"

Shrek Juice please! (Salon Blanc de Blancs, say...2002).

Electronic signatures are much more common now. There may not be a meeting.

"we're certainly very optimistic that by the end of the year..."

24 minutes and 20 seconds approximately.

It's up

https://tinyurl.com/Directtalkint

It's not a silly question per se, but margin isn't something to worry about. Any margin is fine. We need a commercial agreement with a big player. If we make a dollar a barrel it'll be a lot of barrels and it's a dollar more than we would have made.