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BRNS Blackrock New S

0.29
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blackrock New S LSE:BRNS London Ordinary Share GB00B4KTTT60 SUB SHS 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.29 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.29 GBX

Blackrock New S (BRNS) Latest News

Real-Time news about Blackrock New S (London Stock Exchange): 0 recent articles

Blackrock New S (BRNS) Discussions and Chat

Blackrock New S Forums and Chat

Date Time Title Posts
19/3/201216:24Blackrock 2009 - BRNS67

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Blackrock New S (BRNS) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Blackrock New S (BRNS) Top Chat Posts

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Posted at 10/1/2012 12:11 by energiser01
Someone dumped 600k of them so that's helped reduc eprice today.

You can buy inside the spread for around 0.6p at present. so no time value attributed and they have until Jul 2012 (50p exercise) or Aug 2014 for the share to get above 59p exercise. Given how quickly things can change, I have a few locked away, that may just come good.
The top ten or so invetments in no spcific order.

SSE.L SSE
BRNE.L BLACKROCK NEW ENE
AMSC American Supercon
ADM Archer-Daniels-Mi
GAM.MC GAMESA
ITRI Itron, Inc.
JMAT.L JOHNSON MATTHEY P
SSL Sasol Ltd. Americ
VWS.CO VESTAS WIND SYSTE
WCH.MU WACKER CHEMIE
JCI Johnson Controls,
NZYM-B.CO NOVOZYMES -B-
SU.PA SCHNEIDER ELECTRI
ITRI Itron, Inc.
PWR Quanta Services,
IBE1.DE IBERDROLA

NAV creeping up (slowly again).

data sheets for more info on the trust @ (only just updated for Nov - Blackrock very slow on that front...)



dyor etc...
Posted at 18/10/2010 09:35 by kinbasket
Fishbourne

I understand your point but it depends on what value you attribute to the time in the warrants. At 2p they are clearly the wrong price with almost 4 years of time value attached. 4-5p is probably more realistic given the discount to NAV in the underlying and the recent performance of some of the holdings. It seems to me that there's been a steady drip of sellers cashing up and moving on over the last few months and BRNS is illiquid at best. I've been buying for months and have a stupidly huge position that I could never hope to shift through the market. I am pretty comfortable with that and expect to be able to shift/convert them for a stonking profit in 2013-14.
Posted at 18/10/2010 08:26 by fishbournetrader
As a holder,I really do not understand why the price of these is going up. Clearly someone is hoping for a big rise in the price of the underlying shares and possibly a reduction in the discount to NAV. BRNE has got to go up an awful long way to make BRNS a good buy.
Posted at 14/10/2010 14:45 by praipus
Thanks energiser I looked at the RNS and didnt read it correctly.

"Exercise prices

1 August 2010 to 31 July 2012 50 pence per share
1 August 2012 to 31 July 2014 59 pence per share "
Posted at 14/10/2010 10:27 by praipus
31 October 2009 to 31 July 2010 46.00 pence per share
Posted at 14/10/2010 10:08 by praipus
What is the exercise price for this month?
Posted at 13/1/2010 15:48 by andrbea
if the ord share price rises over time, I'm not worried. BRNS will play catch-up IMO.
Posted at 13/1/2010 15:46 by randv
Ouch! Bet they wished they hadn't now.......anyone know reason for drop.

mm's playing about, only a slight dip in the ord share price or just plain old selling?
Posted at 24/12/2009 08:31 by howdlep
Carbon prices plunged on Monday in the aftermath of the Copenhagen conference on climate change, dealing a blow to the credibility of the European Union's carbon-trading scheme. Prices for carbon permits for December 2010 delivery, the benchmark contract for pricing European permits, dropped nearly 10 % in early trading, before recovering to end the day 8.3 per cent lower at €12.41. One dealer described the market as like "a falling knife" but said that a rise in European gas prices had helped to support the carbon market, the FT reports.

Copenhagen glass half empty?

Carbon Contracts:




Copenhagen glass half full?

Lack of real agreement allows the world to focus its attention on securing a new deal.




BRNE chart close to its 2009 high. A break above 49p and the sub shares (BRNS which I hold) could have a real run.



BRNE v BRNS (sub shares still underperforming)



I want to be holding the sub shares (BRNS) going into 2010.
Posted at 07/10/2009 16:07 by andrbea
and an update today by Kenmitch:


As for Black Rock New Energy sub shares, I like them a lot and hold them, having bought just a bit lower than the current 8p to buy.

Not only is there that final July 2014 59p exercise price and expiry date, but also of course the earlier ones of 46p until July 31st 2010 and 50p until July 31st 2012.

So on that first expiry date the sub share is just in the money with the share at 47.5p to buy. So target 62p by next July for the warrant to double and it would only need a rise to 66p by July 2012 too. Don't know what you think but I reckon the shares could go a good bit higher than 66p in time?

Gearing is nearly 8 times. So well worth buying the sub shares ahead of the shares imo. e.g if the shares were to double to about £1, then even if it takes until we have to go for the 59p exercise price it would mean the sub share going up over 5 times and if the share price doubles by 2012 it would give a sub share price over 6 times higher than now. So other than missing any dividends I can't see any case for buying the shares rather than the sub shares.
Blackrock New S share price data is direct from the London Stock Exchange

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