RNS out.
All together at 0.1p a market cap of 400k. Shares are available at 0.1038p. Let that clear as holding look quite tight,.
Https://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/
They also own 10% of Angus.
I've no idea. Just saw the RNS.
Takes 18%.
Roger they have already sold around 20 million. Unfortunately Peel are like a bucket shop market maker. You will see them increase or decrease their holdings. However their ultimate goal is to offload the lot.
Not the strategic investor I presumed. As on another bb 111 million shares place with 89 million left.
They will probably look to reduce that amount.
I think the UK has been left behind significantly in the battery field. Now whether or not AMTE can contribute to this in a meaningful way I don't know. However it needs to stabilise and that may happen by November when the new strategic investor comes on board. Its on that that there may be progress,
However, My research is limited. One thing I do know is the UK is like sticks and stones compared to some of the other countries.
News should be interesting. Focus on AMTE and get this moving.
Additional 2.5mill from strategic investor.
With current placing and conditional there will be:
160,908,680 shares in issue.
124million will be held via strategic investor I would imagine.
AMTE Power said that the unnamed investor has said it can introduce companies in which it has an equity interest to AMTE Power with the view to generating offtake agreements for sodium-ion battery cell.
If that happens...
I hope they can make this work as a big Plus for the UK.
AMTE Power's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. AMTE's proposed gigafactory in Dundee, Scotland is expected to be capable of producing over 8 million battery cells per annum enabling the Company to rapidly scale up cell production.
The 250k is for current holders. Only 15million shares for everyone so a small & of current holding.
At 1.7p would represent a small % of your current holding. You won't be able to buy that many at that level.
To enable other existing Shareholders not able to participate in the Placing, an opportunity to subscribe for additional Ordinary Shares and to mitigate an element of dilution, the Company is proposing to raise up to an additional £0.25 million (before expenses) by way of the Retail Offer following the close of the Company's General Meeting.
Roughly around 15mill shares in TOTAL.
I remember looking at AMTE AT 300p.
I wonder what the strategic investor can bring to the table. These are the sort of companies that should be thriving in the UK .
If the seller has departed then this could be on for a run. I last noticed HMI at 17p so browsing through, some interesting comments.
NT at 2.1p.
This RNS also allows the company to pick up stock on the cheap.
Now if the delisting is rejected then those who sold will be crying foul.
However, there does seem to be someone accumulating here.
If new investors vote with CEO then whatever happens this will delist.
Just need EQT to sell their 60mill. I suspect those 5mill are part of that.