Ghengis63 An interesting article I note that gasification is not mentioned.Gasification can cut the cost of producing hdrogen to make it cost effective.
G8ffer - In relation to your 17.34 post the accounts will cover the Year ending Dember 2019. In that year there were no equity fundraising and if you check the RNSs for April of last year you will see that W2T was due to pay PHE £400k in relation to work in relation to Protos. Also in the interim results there was reference made to paid testing work. I am therefore expecting to see some revenues relating to work other than sales of DMG units. Also of note would be if there was any R & D tax credits made and if so how much.
G8ffer - The annual report and accounts are due at he end of the month and they are the next bit of news that I am expecting. I am hoping that they will be good.
The advantage of buying on a T2 or higher is that if you think that the price is going to go up then you can sell it before you have to settle and if you time it correctly not have to actually use your money. As an example if you buy the shares at T10 and the price goes up you sell at T5 with a settlement at T5 the proceeds from the sale would pay foryour purchase. It is not something I have done.
I note that VLS, CWR, ITM, EQT, AFC and PHE are all down today wich seeme to imply that the share price drop today might be a sector wide issue and not specific to PHE.
I have just seen this comment on ADVFN 'In the test unit have they produced any hydrogen from actual plastic waste ? NB tyre crumb does NOT count. My understanding is that the world could really use this technology but it does not work at a commercial level. Yes its feasible but then it is also possible Jennifer Lopez could drop by for tea and afternoon delight......looking in the mirror today I have more chance of winning the lottery.' I wonder how he/she knows the technology does not work at a commercial level when there is no commercial size unit to demonstrate it on.
petsays - In relation to your 08.08 post which should have been in a separate thread I do not think there is just one reason. This includes regulatory as well as issues with due dilligence.
I wonder what price TW had that short on PHE at? He better cross his fingers that nobody who took his advice last week to short PHE does not complain or it might cost him a lot of money.
nimrod22 - I have just tried to look at the article but you need to be a paid subscriber to see the full article. However from what I was able to read it would appear that TW may have an open short position on PHE. I would therefore be to his advantage for the price to drop. A point you need to keep in mind when assessing how reliable his opinion is.
Dr.Animoaly - in relation to your 09.56 post I do not suppose that it has crossed the mind of TW that there will be people who own shares in both companies.
nimrod22 - i take it that it was based on objectively verifiable information that will allow people can chck his information and make their own minds up.
RE: Share dilution before the rise?8 Jun 2020 08:57
badshah13 - When I last checked the filings for W2T there were around 30-40 shareholders and they were all private individuals if I remember right. According to the RNS that announced the proposed takeover there will be restrictions on the slae of the PHE shares so they would not be able to immediately sell all the shares.
RE: Share dilution before the rise?8 Jun 2020 05:52
Baz28 In relation to your 22.18 post of yesterday I am not sure that there would be a sharp drop on the merger with W2T. My reasoning is that the dilution has already been factored in to the price as it is expected. The only PHE shareholders that as far as I know who will see any new shares as a result of the merger are those who own shares in W2T as well.
flyinghorse1 In relation to your 16.27 post I would hold off doing anything as I understand that the people behind Hynet may be in discussions with the government. Also the government will be doing another round of CfD auctions in relation to renewable energy next year. I would be concerned that if we were to do anything however well intentioned it may backfire. The APPG on Hydrogen have an inquiry underway providing evidence may be more useful.
steaky1 in relation to your 17.54 post did you notice that the number of retail parks is the same number of sites that Peel have intially said they want for DMG units.
onedesk - I agree with you in relation to your 13.49 post. My reading is that the share capial account will have gone up as a result of the warrant exercises. I cannot recall if any of the warrants had an exercise price over 0.5 so I am not sure if the share premium account has gone up. I am not expecting the accumulated losses to have gone up by much if anything. So when the accounts come out at the end of the month the balance sheet surplus may be up over £1m.