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Sir Michael has been a director of several companies with entrepreneur Duncan Bannatyne. He has served on the boards of portfolio companies owned by private equity firms Alchemy Partners and Industri Kapital, he was for eight years a main board director of the inter-dealer broker Tullett Prebon plc and recently stepped down as a Non-Executive Director of Genel Energy plc. Sir Michael is Chairman of abrdn Investcorp Infrastructure Partners, which invests in social infrastructure and renewable energy projects in the Gulf.
The Gulf connection is very interesting also
Tongue in cheek, I would have thought the appointment of an ex-Tory minister would have engendered total collapse.
As long as its not rishi group
TotalWealth, good to see you here 😊
Thank you Butterly - hope you are well. As we drifted after the Boughtwood saga decided to withdraw for a while, nice to see he's been booted into touch, still holding long and strong and very tempted to accumulate at these daft levels.
Fallon, of course, a very experienced chap and should help to bring contacts and stability to the company. There is, of course, a lull in interest in EV's generally, things should become a lot clearer by year end after our election and that of the US where policy is concerned.
Maybe Commandant Starmer will order everyone to buy one to meet the "net zero" targets. If so, I'll insist on being driven by no less than Lady Thunberg.
But on second thoughts.................
I can't see L2 but is the big seller still offloading does anyone know?
Longterm here and happy with the direction and newsflow so not inherently bothered about sp atm but curious as to how much further they may go.
Nope, 7.8k and 3.8k are the only 2 biggish sells and more buys than sells this morning
Welcome back TW, good to see your still around and like most of us here looking at the big picture long term.
Yes, it's frustrating with the current seller in the background and the past Boughtwood calamity, but once the seller is out the way I can see the sp moving back north at great pace in the very near future.
My estimates are that he should now start to be running very low. Has probably sold close to 1.5m £ worth of stock over the past 6 months. The problem is that he has probably been denying to the main guys that he’s been selling so therefore they have not been able to find a new home for his shares. It would be embarrassing for him to admitting to selling his shares.
Anyway I think that we are almost there now and with him out of the way and the introduction of the big institutions and VCT’s we should see a huge rebound in the SP. I’m quietly confident that this company is going to make a lot of long term investors a lot of money.
StayLong
Yep. Like clockwork, there he is again. Another sell notification just announced. Sold another 20m worth at 08.31 @ .0805. This guy has done so much damage
The 20m was a buy, its the 28m that's the sell.
I'll continue to buy at these levels.
Next Friday 0.5 .
Who cares if it's buy or sale .
No it wasn’t. As it followed 24k worth of buys earlier
At 08:33 the buy price was 0.800, the 20m was at 0.805, then came 20m worth of sells.
The seller is likely to be Boughtwood - he’s no longer a director therefore not bound by the Regulatory control that he previously was when a director. I suspect he’s a tad miffed with being removed and possibly thinks by selling is his way of potentially damaging the SP short term and his ex colleagues opportunities - if so, then a very short sighted and misinformed view.
The company is still in its transition from a grant dependency to one of generating its own commercial income, which is likely to be huge. Don’t judge on today’s price - medium to long term it will be many multiples from today.
It followed 20k worth of buys at prices around.0.845 so at 0.805 at 08.31 it must of been a sell. Anyway let’s not argue. I personally would love it to have been a buy.
Unfortunately it doesn’t make sense for me to buy at these crazy levels as I already have a massive holding. If this guy reds to sell his shares it’s a wonderful entry point for anyone investing now.
Watch this space
What a mess the SP has been, sellers, the wife etc. My opinion remains the same, this is an advanced R&D company, they still are not making much money but what they do have is a MOU for one of the fastest growing EV markets in the world and more. 4 Tesla guys now running the show, a non-exec appointment (i wont pretend to know much about this guy, but what I have briefly seen looks positive) and what I like the most, a production timescale for Q1 2025. I in deep and i'm down deep but this is locked away for me as a long term hold. If i was day trading the share like Swazers, I would care but I genuinely am interested in this future of this company as well as maximising my return when I plan to exit in 5 years. Unfortunately rocketing costs is preventing me from topping up, but this is a perfect scenario to top up - I'd bring my average down a hell of a lot. Moving to aim is next, this on the main market is getting lost. Time and patience are key here.
I may revisit my SP prediction for Dec 2024, I think i had 1.5p, I think 0.50p is more realistic given what has gone on. The price will probably dip some more, there is no point in dwelling if you believe in what they are doing. It is also not like other companies with continuous placements to fund operations. This is now a well run company with seasoned executives running the show. Wake me up in 2025 :).
Does anyone know the current holding of Spreadex ?
Boughtwood can only sell once is he clear of any current insider information. But then again, didnt stop him before.........
Punter you talk caarp
They are not involved and just selling off simple as that
great time to buy imho can't be many left now
No news is good news, really starting to hate RNS'S, every damn share I have goes downward on the release of one.
The stock market is a shark tank and we are the bait , no doubt after trading for 3 years there is never a good outcome.
Day trading, mobile apps , shorting is nothing compared to the industrial scale of corruption that passes as a legitimate business known as the likes of Peel and MREX.
We all continue to pour our hard earned cash into these start up ventures in the hope that one day we will see a return for our patient commitment.
Unlikely as there will always be a sting in the tail if anything massive appears on the horizon. They are in control of free money and human nature kicks in to find a creative way of holding onto the wealth and riches that may be generated from our contributions.
Greed will always rise above the trusting gullible fools that think there is any honesty left in the system.
This board have just sent a green light out to the money grabbers by appointing an ex tory minister who's only skill set is how to make more personal wealth.
Welcome to comment if you think I am being a bit pessimistic, been around the block more times than I wish to admit and hope I am wrong for everyone invested in here, which includes my partner and myself .
I personally don't see what Fallon will add to help this company , just jumping on the imaginary gravy train and just as likely to bolt off if the business side doesn't improve.
There in the money options at .35 will still get hit this year imho
patience only here because of the B selling
will turn fast when done
Dusterinmong I wish I was able to interpret your posts because they really are riddled with spelling mistakes and even more grammatical errors. Have you tried hieroglyphics? Might be an easier read!
Punter
Your depressing most on here