Member Info for Steeltrader9

Totally agree.

They have made a total shambles and need to justify their fees!

Remember that they have just over 40k in cash - of which they said that they will put some towards another buy back programme.

I used to work for this company and it always bounces back, just look at the last 10 years, a volatile and cyclical stock so a good time to buy.

With micro stocks, insider trading is rife so hopefully a positive update on Tuesday next week!

I voted against the RM Funds resolution but after reading their statement below it is hard to argue against and think I will vote against the re-appointments.

Does anyone have any idea why the price has risen 20% in the past week?

I know it was very low anyway so could just be a bounce but if anyone has any news please share.

Totally agree, especially with them having little debt.

Co-investments is a good idea but definitely should not be selling early assets!

Poor trading update, I had hoped that due to the warm weather that the results would be better than this!

This company is done for.

This explains the directors selling recently. No where near enough detail regarding the expenditure.

I am a long term holder but feeling uneasy.

So this contract is the transaction? They really made it sound like some of their assets were going to be bought.

Given the success of HEIT, why is the market not more excited?

If it is who we think it is (Drax), then given that GRID is about twice the size of the portfolio that Drax offered on HEIT, this is likely to be a rather large transaction? Or am I missing something here?

This share price slump makes me thing "what do I not know"? I thought last week it is just down to IIs holding less but this is starting to get ridiculous.

I was so badly burnt by doubling down on DGI9 so I am not going to do that but when I look at the trading statement where they say that they hope to announce the partial or full sale of Onyx before the annual results, surely that is going to be a big catalyst for a re-rating?

What do people think?

So we have the answer, insider trading.

I can't find any info as of yet. A 30% increase cannot just be high trading volumes.

I am quite stunned by the drop but if you look at the trades it is clear that a big holder is selling down in blocks and due to the lack of buyers it is dropping hard.

Annoying about more costs around this RCF.

Does anybody know when the vendor loan note finish / get paid off?

Hopefully it is achilleas or another activist.

Interesting that Downing's private fund Bagnall Energy has been buying share and now has 22.8% of the trust, hence the recent rise whilst almost all other renewable funds are going down.

Does anybody think the fund might buy out the trust?

Last year the excuse was the train strikes and now it is because of the strategic review - how that affected business I do not understand, clearly just badly managed and there will always be an excuse for them to underperform.

I am too much in the red though so will hold until they will likely, go bust.

Has anyone received anything for the vote? I am with II and have still not received anything regarding the saba resolutions

yes asked about dugbe as well. it was clear that they didn't answer questions and just made up the questions with pre-scripted answers. the worst of it is how they made zero attempt to even hide the fact that they were reading a script and didn't give a ****.

these two tools don't deserve a city job.