The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
3 one million buys for £50,000 today. Someone is keen!
This rise has happened without an RNS. People have read the MacM comments and acted. Fair enough. A similar thing has happened at SAE, a council decison has approved a green tech planning application, no RNS and no price rise. The stock market does not make sense but does make it interesting.
One course of action could to be to take advantage by using the fact that BESS is approved and SAE are a step closer to cash in the bank before this is notified in an RNS. Take a look at SCLP in the last couple of weeks price increased on what was posted on a MacMillian chat board.
https://newport.public-i.tv/core/portal/webcast_interactive/728320/start_time/4204000?force_language_code=en_GB
Cllr Mark Spencer @1:10 planning application approved unanimous decision.
Time for Atlantis to rise!
Council session today approved Battery Energy Storage System at Uskmouth. "Good News Story for Newport"!
No problem SH. As with all batteries they need protection from water. That's why the new battery based electricity storage system whcih has been planned for Uskmouth has several layers of water defences including a large drainage ditch in case the river floods.
Same principle as Tesla Powerwall https://www.tesla.com/powerwall
Store electricty when demand is low and can be bought cheaper and sell it back to the grid when demand is high for profit.
The world needs to be able to store renewable energy and the Uskmouth battery system will generate revenue and demostrate the technology for use with energy generated by tidal power.
Elon loves a bit of lithium! If want something safer try Sodium with AMTE!
Superb news in particular for Trish
The announcement further noted that the project was expected to deliver approximately £40m in revenue to the Company over 30-years, of which approximately £11m was expected to be paid within 18 months, subject to the achievement of certain milestones, the first of which was the novation of the grid connection agreement which has now been completed.
Most likely due to the planing decision recomendation due on Wednesday.
Coincidence?
Thats one way to stop a leak!
Someone is keen
Employ someone connected to potential sales. In this case new CEO worked for Linde who own shares in ITM. Got to be good news for progress and bad news for the shorters. Bring on the short squeeze!
He is ex Linde so should be able to use his connections to get things moving.
FG said he needs to prove at scale by buying more mining rigs but has mentioned a route to licence a deal with existing BTC miners. Therfore the next step should be to provide the software to commercial BTC miner on sale or return. When the 30% improvement is proven at a commercial level its a win for QBT and the BTC miner. Someone call Peter Wall at ARB!
Any improvement could make a difference to whether a BTC mining company can make a profit at these low BTC prices.
Another £40k delayed trade today @ 11:54
£37k trade was about 20% over ask so someone was very keen to buy!
Share buy back will put pressure on Citadel to close their short.
25p target price!