Member Info for StarBright

Can you provide one illustration of the information value you ascribe to his Delphic musings? One instance where either insight or prescience has been demonstrated?

All these threads with subject “Trading” are little more than a toxic mix of baseless forecasts, misunderstood/misrepresented data and flawed analysis. Mostly emanating from the same small group of posters. The threads can - without exception - be safely disregarded,

@Bella6532; Who is “you” in your example? The underlying buyer, their broker, a market-maker? Who is running these algorithms that are “putting the price up” (remember AVCT is a SETSqx instrument)? Why would buyers in size not simply utilise the delayed reporting periods permitted under the exchange’s rules? Were any of the trades you’ve been discussing executed OTC in the US?

I don’t understand your evident need to imply you have knowledge of underhand/nefarious practices when everything we see looks perfectly normal and compliant. You should explain more clearly which rules are being broken and by who, or you should give the secret-squirrel stuff a rest until you have greater clarity/knowledge.

At least no lube was wasted…

Interesting post, @Bella6532. But - as you are implying nefarious activity - can you be a little clearer?

1. Have any reporting (or other) regs been broken?

2. What is being obscured and by who?

3. What advantage are “they” gaining?

The recent run has been a little one-way. It may tempt some of the other DFM's to lighten up.

Shrewder investors may therefore get another chance to add in the 7X's (ie at a prospective yield >10%) but I don't think we'll see the 6X's again.

No requirement (UK) to be present.

You need both a majority by headcount of the shareholders voting at the scheme meeting (either in person or by proxy), and the shareholders voting in favour of the scheme must hold at least 75% in the value of the shares represented at the meeting.

This is a LOT easier than “90% of all shares” voting in favour, which is why we see SoA so often.

Given that BEGO parked their grassbox on the bid back in 2021 and have been mowing weak retail for their NY size buyer ever since, should we be anticipating a TR1 at some point?

With no NY size buyers lifting the offer from 1430, Thursday could be a long day.

Well… there’s no mention of retention periods for the share awards, (and some were issued in lieu of foregone remuneration) so seems reasonable to assume they were sold shortly after issue.

Perhaps someone agreed to provide the necessary liquidity on the other side of the trade, ie to buy the shares..?

I think we'd need to know more detail about the scheme(s) to answer your first question @extrader.

I'm not sure I understand your second question. The "Issue of Shares" RNS 2/10 says that the 27.6m shares would be issued on/around October 6th, taking the number of shares in issue to 633m as shown on the company's website. What have I missed?

@extrader, that's highly unlikely. Typically incentive shares are issued directly to whatever vehicle has been set up to hold them, not passing through any exchange along the way.

Price/volume action over the last few days suggests that the bottom is in, and that any further dips below 80p might represent opportunities to add.

A few trades, but only small punter-sized. Will something more interesting show up after close or tomorrow?

Deepfake “content” like this produced by Avacta’s coterie of unpaid IR volunteers and fantasists is neither clever nor funny. It’s creators should be ashamed.

AVCT have cracked a half century old problem that BP have spent trillions trying to do. A globally significant paradigm shift in a $200bn market. The enormity of what will soon land is incredibly exciting.Market is as thick as mince, yet to fully grasp the size of the opportunity. Block buyer out in force on any sign of weakness.

Only 4 sleeps. None of this is ramping apparently…

@D-Geeman, who are you talking about?

@MH01 - warrants aren't exercised just because they are in the money. There's no need for the holder to expend their capital, as they already own 100% of the premium. As set out in my original post.

@lebugue-addick - why do you expect Wyloo to exercise their warrants? At this point (strike price = share price) the warrants give them all of the upside associated with 352,620,000 shares without them having to spend any money. If they exercise the warrants, they don't change their economic exposure to GGP's share price but they have to spend £35m.

Warrants are generally exercised immediately before a sale, or because of the additional voting rights they confer, or because they carry dividend entitlement, or because of imminent expiry. It looks to me like Wyloo are in for the long term, so I'd be surprised to see them exercise and sell. It's hard to see that they'd need the additional voting rights, and access to dividends isn't (yet) a concern. Neither is expiration.

Assuming Wyloo are rational investors they'd be better off lending GGP the £35m (via the established facility) and collecting the associated interest than they would be exercising the options.

"The government of the United Kingdom has increased the maximum strike price for offshore wind projects in the next Contracts for Difference (CfD) auction by 66 per cent for fixed-bottom and by 52 per cent for floating wind projects.

The maximum strike price for fixed bottom offshore wind projects has been increased from GBP 44/MWh to GBP 73/MWh, and from GBP 116/MWh to GBP 176/MWh ahead of Allocation Round 6 (AR6) next year."

https://www.offshorewind.biz/2023/11/16/uk-increases-offshore-wind-strike-price-ahead-of-next-auction/

This may be very good news for long-term GSF holders as it means that some of the many projects currently on "hold" will likely be reactivated. With better pricing in the sector will come more generation and therefore greater demand for storage.