Member Info for Thelix

Any evidence of this "done deal?".

If I had a penny every time someone said that on an AIM LSE board and it came true I would be a trillionaire.

You can with eye watering spread...

And it requires less than reputable accounts in spread bet companies.

I only short currencies rather than stock and shares.

Much cheaper spreads and more mainstream.

Why would it rise 100-200%?

This is the issue - it isn't worth anything until production starts.
Production cannot start until the manufacturing build is complete.
The manufacturing build won't complete until it is funded.

AIM is all about momentum - release good news, watch SP spike - raise cash with minimal dilution and watch it ramp again.

Most companies only ever see step 1 - and people trade it.
Some companies reach step 2 - and that is an investment.

AEG has quite literally zero momentum (it is suspended).

Funding is inevitable and so people will be cautious now, aka this wont rise much even if this comes out of suspension - in my opinion.

Momentum works because people see a SP climb and dont want to "miss the boat" so buy in.

Now PIs have time to peruse everything and look in all nooks and crannies.

Vicious cycle - need a high sp to get funding but need funding to get SP to rise.

Momentum solves that cycle and we have none.

So again, personally the fat lady has sung.

You cannot short an entity this small other than with dubious spread betting companies - and the spread is eye watering.

Long here entry at 2p.

I just like to be realistic - being dovey eyed about your investment when it is a turd is delusional and means you make the same mistakes again.

I call it as I see it.

Dare I say it but Canada is now just as risky as Africa?

This "red tape" issue stinks of usual African mining permit nonsense most AIM companies see.

All this "approved vs issued". Come on! That is a ridiculous level of pedantic regulation. Approved and issues are synonymous. And why issue something unapproved, or why not issue something approved?

That's silly.

Good luck - personally the fat lady has sung.

Cant wait for the inevitable person to say I am just deramping....a suspended share...It happens - there's always one...At least.

It does? Typical journalist spiel.

This has gone belly-up and no matter how nice each party sounds publically I can tell you now behind closed doors someone is being seriously grilled.

Not inside info - just worked in business long enough that you put on the nice exterior face and privately grill any idiot who has messed something up.

Negotiations now will be very strained - in my opinion of course.

This does still need funding - to the tune of tens of millions to start producing.
It has an mcap of 10m....

This will be diluted to smitherines - II or PI placing. Dilution is dilution.

That's a massive session of P45s being printed.

To get this commercial this company needs millions upon millions.

Unless they get some seriously miraculous off-take agreement this will require a 100-300% dilution - in my opinion on costs of getting everything manufactured.

If it does go through that amount of dilution, to see 10p will require this to have an mcap of £1 billion odd.

Aka not happening.

Suspension on AIM 99.9% of the time means one thing - you lost your money.

Learn, and try not to repeat the same mistakes.

Will probably be funding - at a severe discount of a share that was once 4p with no deals and now 1.3p with "maybe" a permit.

So AEG will dilute heavily.

Byrne, if wrong, has screwed up the financing dilution figures as placements usually are based on live prices.

The suspension is to control the price - i.e. not have it bounce up and down.

All in all another AIM shambles which went from being worth nothing to now less than nothing.

More PI money nicely tucked into the city's pockets.

Just glad I am in here at 2p and not heavy. Feel sorry for those in at 4-5p - you probably wont break even.

Hell I doubt I will at my 2p entry.

Due to false RNS info - get in touch with your solicitor. You could demand compensation.

Then again AIM isn't regulated so....

Another AIM company going through the governmental "permit" cycle where "further work" needs to be done and always does.

So basically no permit, probably never will get it, and AEG is now in legal hot water for releasing false infotmation.

Sub 1p on market open.

"The seller" implies one big seller.

There isn't.

You even allude to this saying no notifications have been made.

Again because there isnt ONE big seller.

Hundreds of PIs are selling due to SP performance - that is all.

The drop is all of yesterdays money leaving due to no spike for them to smash and grab 20 or so %.

This is pretty obvious and predictable. Yet I got shot down yesterday for pointing out EXACTLY what is now happening.

So few know how to trade AIM and profess proficiency...

This will yoyo until that funding is sorted.

Issue is if we get funding at this share price then it will be hundreds % dilution....

II's work on a multifactorial focus before pumping money into something.

Usually an mcap of 75-100 mil + is the barebone starting point, with a clear definitive set of goals and growth over 5-10 years.

This needs to be much higher before II's will touch it - but with the admittance of cash needed will it hit resistance and not get to the needed price II's can get in at?

There may be some small fry II's willing but the big known names won't touch this until much later in its lifecycle.

Not here to deramp - I hold here. Just a realist.

I have made my point I won't bleat on.

I also agree that more positive RNS will follow - let's hope they raise the SP for minimal dilution.

I am not making a negative from a positive.

The BoD have actually succeeded where most AIM BoD fail and they are up front about requiring funding - which is admirable and rarely seen on AIM.

What I said is factual - a placement of sorts is definitely coming, and soon, now they have the feedstock to make large quantities of product. So this factory and land will need to be acquired ASAP to produce any revenue, unless AEG has a factory elsewhere I am not aware of?

From my research they only have engineering scale locations to prove the product rather than mass produce?

This will yoyo until that funding is sorted.

Depending on how much dilution this will then either bounce or sink like a stone.

Further to the announcement of 15 October 2018, Active Energy is pleased to announce that it has now identified the area in North Carolina for the establishment of the CoalSwitchâ„¢ operating facilities and that, subject to the completion of due diligence and securing available finance, the Company intends to acquire the site, which includes an established factory and surrounding land.

So massive heavy dilutive placement inbound...

Its a sandwich RNS - Add some good news to the bad news.

It is all about share price - not mcap, as if severe dilution occurs £100 mil could be 1p still.

This will yoyo all about today probably as people take their 10-20% and scramble before the placement RNS hits.

AST will NEVER get the permit.

Sell up and move on. This is a dead duck.

Yeah - never.

Excellently put Newfoundlander