Member Info for troutisout

Well only another 65 of buys like that and the seller will be gone. 2.45m left....

trader mick, Bide your time they may well drop it again to get the last away, it all depends on the buying if it slows they will have to generate some more. Sub 2.5p would be a great entry, with two stale holders nearly out, one got shares in lieu of debt and the other for an acquisition and that entity that took the shares has now gone into liquidation. Between them they will have sold 12% of the Companies share issue in a few weeks, which on a share as illiquid as this usually, is is a good job. Get them out of the way and start to look forward, Newry News and other project updates

Spread opened up and 250k on the offer now....

Well the 20k buyer had to pay well over the offer price so something is awry. That together with the 2 holdings RNSs make the situation even weirder. GG Eco Solutions is in liquidation and the liquidator is selling their stake here down. I believe they have sold 4 x 250k on top of the amounts in the RNSs so have only 2.7m left. But if that is the case then why aren't the MMs offering stock to the market??? Could be they have been picked up?

Is anyone else able to buy any shares? I am not getting quotes from BSL to buy just 100 shares.... I have taken the 250k trades to be another sell order being worked, but then why would the MMs block online buying, or is it just Barclays???

RELEVANT FACT EBIOSS ENERGY, AD December 23, 2016 EBIOSS ENERGY INCREASES ITS PARTICIPATION IN TNL In accordance with Article 17 of Regulation (EU) No 596/2014 on abuse And article 228 of the consolidated text of the Securities Market Law, Approved by Royal Legislative Decree 4/2015, of 23 October, and provisions And in Circular 15/2016 of the Alternative Stock Market (MAB), We inform you that: EBIOSS Energy AD - hereinafter EBIOSS - entered into an agreement with TNL SGPS SL, whereby EBIOSS increased its direct Credits to be capitalized, reaching 68% of the total capital of the company. company. The total investment made was 1,098,000 euros, of which 395,234 Euros as capital increases and the remainder as additional contributions. Also, and in this same act, it has been agreed that TNL SGPS SL will change its form Company, as well as the company name, Now, WASTE INTELLIGENT TECHNOLOGIES SGPS SA (WINTTEC), and as As a result of these latest acts a new Board of Directors has been formed In which EBIOSS has the majority of representation in the same. This increase of participation in WINTTEC as well as the other changes Organizations enables EBIOSS to strengthen its position in the Advanced Waste Management. We remain at your disposal for any clarification you deem appropriate. Sincerely,

Morning all, Well at east they got these out before Christmas (normally the last possible day before publishing). At first glance it looks good and that things are being thought about. I wasn't sure about certain things going into results, the selling down by Edmonton Property Group sparked some concern. A look at Companies House shows that Foresight have now sold Edmonton Property Group to a waste company (the directors of which have links with many different waste companies). At first I was suspicious that the land was just going to be re-used as a recycling yard (there are a lot around that industrial area), but the comments in the results look as if the Company still feel there is something viable in discussing with the new landlords a development of the planned Biomass plant. This would be a massive boost if the Company and Ebioss (key here!) could get an agreement to build the project out as this has previously been written off. The MMs marked this down this morning obviously aware of the recent trading and inviting some to jump ship and crystalise losses, I see no-one has taken that and the opposite has happened. I see some have jumped upon the news, the heads of agreement is 'due shortly' however further in the report it says due before the end of the calender year, so expected next week!

No not at all, the loan from Ebioss is to cover working capital. The plants require a lot more money to complete, Newry £11.2m and Clay Cross closer to £45m, they intend on raising this through a mix of equity in the project and debt. The Heads of Agreement RNS from October suggests that confirmation of finance for Newry should come at any time now.

Hi Clive, it's certainly good to see clarity and dispels the worries about a placing, now we we know it is a large shareholder selling down. Looking at today's trades I think they have about 700k - 800k left (750k being offered online at 3p).

Hi Dan, Very happy with that, it is one of our notifiable holders and one of the ones I had hoped for (it is was going to be one). They still have 2m left but there were some 500k more buys yesterday so I reckon just 1.5m of buys to go to clear them out.....trade was for 1,774,546 shares and look below.... Edmonton Property Company Limited 3,774,546 5.02%

Clive check out the first one to break ranks earlier, the traders bought these yesterday and they will sell them again. News on the Newry deal is needed now and a decent outlook in the results statement, however the best thing for all shareholders would be an Ebioss buyout, the market is too illiquid to clear overhangs or for people to sell out, a cash buyout guarantees everyone their cash.

The buying was mainly day traders who are now locked in, with the drop on the bid, they will look to sell out if and when the price recovers so there will be shockwaves of further selling when this order has been filled. I only use execution only brokers but it would be good if someone was able to speak with a decent broker and ascertain how many are being offered and whether there were any whispers of who might be offloading. The results will be so important to find out what is happening with several different things.

I emailed the Company earlier, I don't expect a reply as they are appalling at IR, but wanted to say my piece, "Good morning, I have been a shareholder in the Company for several years now and yesterday watched the share price fall by 20% with an unprecendented amount of buying of the shares (nearly 3% bought). This is quite alarming as the share was already sitting at lows. Does the Company know of any reason for this drop in price? If so it is obvious that others in the market do also and are acting on it in an underhand way. The only other reason could be a large shareholder selling down their holding. Due to the illiquidity of the market in React Energy shares, could there not be a more olderly process for them to sell their shares. There has been little or no information from the Company in the past year and I do understand things take time but these sort of unexplained movements can panic investors who are already sitting on large losses and the effect can snowball. If there is a reason for the fall in SP then I think the Company need to announce it as soon as possible because it looks like someone is acting before the news is made public which is market abuse. If there is no known reason then and RNS announcing that fact could do a lot to clear the uncertainty. Kind Regards"

Hi Clive they are still working the order. Earlier you could buy 750k at 2.88p that has since changed to a max 300k at 2.75p and now has increased to 750k at 2.75p. So they are fishing around looking for buyers. I am contemplating putting a cheeky limit order in for 300k to see if they bite....

Just checked, the data in REAC fundamentals is correct showing 75m

Mannan, It is (just), there are 75m shares in issue the data here is wrong, look at the Company website/old RNSs Trout.

Hi smudgedan, You certainly have added quite a few today (I saw they have changed the price on your first trade). It will be interesting to see how this plays out tomorrow, whoever is selling seems to be in a hurry, I suspect it is either the concert party or Edmonton Property, although it is less than it was, both are in receipt of shares either freebies (concert party) or in lieu of debt that was never going to be repaid (Edmonton Property) . The results will be interesting, I want to hear about Clay Cross and also the wind turbine portfolio. They have 8 sites with planning permission to build 0.5MW turbines on each one and those have a value that again doesn't seem to be in the SP.

I have been out, so missed the last few hours, I assume the 2.75p trades were buys, that is just over 2m buys today, an unprecedented volume of buys. I am still trying to work out what is going on here, having had two stocks do highly dilutive placings recently these sort of movements make me nervous. However the SP is well below the nominal value of the shares, so any placing would have to be at €0.1 or they would need to do a share split. The recent extra Ebioss loan suggests that was what the Company needed to keep working capital going, so although you can never rule out something on AIM, I would have thought any equity raise would be against equity in Newry Biomass and not REAC the Company. If that is the case then we are back to a large seller and by the looks of this afternoon they need to get shot of their shares ASAP. Looking at the previous list, my main culprits would be concert party (their shares were freebies), Edmonton Property (Might need to write these off their books), GG Eco taking what's left of their money out or Ronan Barrett (although I am still not sure on this one). We shall see tomorrow a bit more of the story, what they are offering and how they might move next. If it is Edmonton Property then another day like today would see them cleared. Could do with the re-financing news soon.

Looked at this again and we have had 1,230,000 buys today and 60,000 sells that I can see. Barclays are still offering me 1.2m at 3.02p at the moment so there is an overhang in and they want to get rid of it (hence the drop on offer into heavy buying this morning). I know there is at least 1.2m on offer ( to be honest I am not doing any more dummy trades for more than that, as I have come unstuck with a fat finger and the buy button before...). So it looks like one of our 3%+ holders is selling down. 1. Farmer Businees Developments are our largest shareholder and hold 17.4m (23.15%) It is not likely to be them, they are in for the long haul and own just over 50% of Newry Biomass Ltd. 2. Concert party - 7.2m (9.5%) These are the funders out of examinership and for their funding they got an equity kicker of 7m shares. Now it could be them, they weren't included in the financing of Newry and were down as potential funders for that in the examinership documents. 3. GG ECo - 5.25m (7%) These shares were in payment for GG Eco and it could be that the owners want to cash them in, however this would be a a massive discount to the price they got for GG Eco and would represent a huge loss for them if it is. 4. Carnmeen Energy 5m (6.88%) This is Company is the landlord for Newry Biomass, so not likely to be them, they are also going through planning to build and industrial park on neighbouring land and will be providing energy through an onsite facility (Newry Biomass) and I think the important bit about EQTec (and the last Ebioss RNS) is the cogeneration of heat as well as energy, which would be perfect if there is an industrial park alongside for an offtake! 5. Ronan Barrett - 4m (5.4%) The Barrett family were Directors, creditors, etc and as such hold a lot of shares in REAC, cannot second guess what they would do, but selling now would put them well out of pocket. 6. Edmonton Property - 3.8m (5%) These are the landlords of the Enfield Biomass site, you know the ones REAC helped purchase the site and then got charged ridiculous rents while the same landlords tried very slowly to arrange finance. This is what put the Company into examinership last year and I wouldn't trust them. REAC had to withdraw from Enfield and issue these shares in return for rental arrears being wiped off. However REAC were meant to be in discussions about taking a equity stake in Enfield again in return for the IP it holds (all planning and offtake agreements are in the name of Enfield Biomass Ltd, owned by REAC). So there you go our largest shareholders, of course there were many more creditors that had to accept equity for debt at 11p, selling out now at below 3p (I assume it will be by the current buy price) will be painful. With 75m shares in issue 3% is 2.25m, with a net 1.3m buys going through in the last two days and at least another 1.2m on the offer, if this is only one seller than they must be from the above list.

Clive, the volume comes with daytraders, hence the sell off. However they are locked in here with very little bidding going on from MMs and at least 1.2m being offered at 3.02p. There is a large overhang being worked and they buying today gave them a chance to show their hand a bit more and lower the offer and show the size. REAC isn't known for it's liquidity and selling any large amount is nigh on impossible. However as we come up to year end someone looks to be cashing in their chips and the buying today has enable them to do so. I do hope the buying continues and we remove the overhang, however it has gone quiet now and I can see some of the traders wanting to get out. However the signs are that MMs are working a large sell.