RE: Big week ahead!23 Jan 2023 09:28
Peterhouse are the Old Broker actually, DKE changed Broker during the JV era, but Peterhouse were the Company Broker prior to that. They did raise money back in the day, through discounted placings with the subsequent rises sold into by those who took the placing (most more than doubled their money), however that was back in the Covid bubble period and lots of ramping about Universities got the price moving, very different now, apart from a listing, not sure what DKE have to offer? Arlington gone with big money elsewhere, Dukemount are meant to be experts in raising finance for projects but can't even raise finance for themselves and as for Project Construction expertise, they haven't managed to construct an RNS, let alone any projects for well over 2 years now and they were late and margins a lot less than expected on those. With the debt and other things here, this is not a clean shell and therefore will need a lot of money expended to get it back and listed into the new area of gas peakers.