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The have tangible technology that is been deployed for the first time, production facilities and irons in a lot of fires. Will all come good - unless a next new technology comes along that supersedes this before we have a chance then we will be fine.
Hard to see the drop but i think its a fairly safe investment with huge upside.
very disappointed to see this fall. lost momentum.
Like what has already been said - fundamentally nothing has changed - if anything we are in a better place than ever.
Annoying but back in the bottom draw for now
I hope so Economist. My only concern with the Peter Wall link is Argo wouldn't have done well if bitcoin didn't do well and he doesn't have any control over that. I looked at argo when it fell from 110 to 50p and thought bitcoin was all hype. I went with MODE as they didn't seem to have as much exposure to the bitcoin price - Another wrong decision!!
Yup - still not got my shares either. Means i will change broker.
It really annoyed me initially. I know when I do get my shares I will still be up but I do really feel like I'm 2k down. The brokers should really be held accountable - Depending on your choice of broker and how proactive they are has dictated your profit in this instance. I doubt there is anything that can be done thought.
I am with EQI and i got a note on Monday evening saying they have the shares and the shares will be in your account "in a few days" i mean how unprofessional to deal with peoples money and have a flippant "few days" comment. What does that even mean.
I was new to primary bid but have seen a few iPO come up on there since this one. Do many people buy into every IPO that comes out? I wonder if you put say a grand into every IPO that comes out if you would be up overall.
I looked at this when it dropped to sub 8p. bottled it and ended up buying in yesterday on a spike. I think i need to quit this trading game!
No bias here. Infact if anything i want there to be grid issues and AFC have a solution. Its sometimes good to take a step back and play devils advocate instead of getting stuck with the rose tinted glasses on.
Like i say I'm invested here and have been for over a decade.
i speak to Western power quite a lot - appreciate only covering part of the UK but they don't seem to have any concerns currently with the grid capacity and electrical charging. maybe in 10 years but not for the foreseeable.
im not sure i follow.
an AFC cell produces say 160kw ( at the moment - Their max capacity) and is housed in a 40ft container and then needs similar for the tanks which would need to be refuelled once a week. This required stand off zones and easy access. cost circa 400-500k perhaps. You would need 15 of them to compete with a wind turbine. it also needs annual maintenance and changing of stacks. maybe a further 100k per annum.
I'm not knocking AFC - for me it just doesn't stack up where grid power is available. Its always going to be cheaper to reinforce the grid - It only comes into its own where there is no grid at all. Ie some of the extreme E locations, at sea ect
Obviously the upside is the green credentials - but whilst its a nice to have - if you are running a business I'm not sure its the first thing on your mind unless you are a huge organisation that can swallow the cost.
Dont get me wrong - I'm invested, love the idea and really want this to do well but i think AFC need to be clever with how this is deployed and target market. Its why you don't see it powering buildings in Dubai ect
AFC fuel cells are not powerful enough to compete with the grid at the moment. The biggest Kore is circa 160kw and is expensive to build, run and takes up a lot of space. That kind of power may be enough to power a circa 20,000 ft2 industrial building. This is why you haven't seen any deals yet for static commercial cells to be installed.
The sweet spot for AFC is where traditional diesel generation has been used - That's my interpretation. Temporary power.
I think the shipping idea is a master stroke - lots of potential in this area and if i was AFC i would be pushing to get a cell in the St Helena asap.
agreed - a uneven playing field from day 1. The way the IPO has been handled is a disgrace. Its a lottery as to when the shares land. How can you make considered investments on this basis. Its a pure punt and a pure gamble. Send em 500 quid and depending what day you get the shares is what you get back. not linked to the company or the investment in any way. - this never had a chance. I still haven't got my shares and just watched the price drop for 2 days. Obviously still making a profit but it feel like a big loss. Sentiment is so bad anyone who is part of the IPO will not hold. Only a huge RNS saves this now.
i rang them today and they said they had the shares from primary bid but were processing them. Bit of a joke. The lady sounded really fed up - like she has been asked a million times about CBX shares. Im leaving EQI after this. I set up an IG account a while ago with the intention of moving my ISA but was waiting for the new tax year. Wish i had allocated my CBX shares to IG instead now. Didnt really cross my mind at the time. EQI are so slow - 3 working days to reply to messages!! IG has instant online chat support.
Thats a fair point and i agree. The scaleback did mean it wasn't so interesting to higher net worth people who could throw a bit of cash at it knowing the IPO was at 5p....
Great been allowed to take part in the IPO as a retail investor, but I can see what we don't usually get the chance to take part in these kind of things.
The sell off from people with a few hundred quid of shares has totally ruined the sentiment in this share. Treble up and sell... I cant blame them - most are not really investors - more gamblers and its a good pay day.
The sentiment really feels boom to bust despite it been still up 200%
The company is interesting and has some big players involved, i think a proper investor sits on this all day long.
wanderers
problem is people see the delayed trading price on here and panic sell - Live price is 17.5 and shows 15 on here.
Agreed. Its more of an inherent thing when self trade got bought out. I do have an IG account i set up to transfer things over but never got round to doing it. I wish i had allocated my shares to this account rather than EQI. Expensive lesson
EQI is broker and still no shares. Anyone else got the same issue.
Looks like i have missed the sell boat now. - may aswell stay in - its only 600 quid investment - see what happens
I tend to agree. Everyone wanted to see a boom to 50p but how realistic is that from 5p on day one where shares have been dripped through and people have got nervous. You only have to look at the people involved to know its an interesting prospect.
The weak have sold and are long gone.
Also a poor day for the market as a whole.