Share Name Share Symbol Market Type Share ISIN Share Description
Energiser LSE:ENGI London Ordinary Share GB00B06CZD75 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.00p 1.75p 2.25p 2.00p 2.00p 2.00p 10,000 06:33:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.2 -0.2 -0.4 - 1.22

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Date Time Title Posts
19/9/201712:01ENGIE ex GDF SUEZ344
01/9/201711:53ENGI - picking up distressed housing stock167

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Energiser (ENGI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:55:392.1010,000210.00O
06:15:222.0010,000200.00O
2017-09-19 15:25:091.85100,0001,850.00O
2017-09-19 15:20:441.8810,000187.50O
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DateSubject
20/9/2017
09:20
Energiser Daily Update: Energiser is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker ENGI. The last closing price for Energiser was 2p.
Energiser has a 4 week average price of 1.75p and a 12 week average price of 1.75p.
The 1 year high share price is 3.38p while the 1 year low share price is currently 1.25p.
There are currently 61,162,956 shares in issue and the average daily traded volume is 65,777 shares. The market capitalisation of Energiser is £1,223,259.12.
20/7/2017
13:09
grupo guitarlumber: The decision by the State Council on Wednesday to repeal the decree of May 2013 laying down the procedure for fixing gas tariffs, which it considers contrary to European law, paves the way for The end of regulated prices on the French market, says Bryan Garnier. This will not happen in the immediate future however, says the consulting firm, because some elements of this regulation stem from a law of 2015, which can only be annulled by a decree of the government. Bryan Garnier points out that Engie (ENGI.FR) remains the main player with a market share of 76%, but the contribution of this segment to its operating profit is marginal, between 1.5% and 2% of the total EBITDA group. Beyond the distribution of gas, the analyst believes that the decision of the Council of State could inspire the gradual stoppage of regulated tariffs for electricity, a segment where Engie is experiencing rapid growth although it remains far from EDF, with about 9% of the market, compared with 85% for the incumbent. Bryan Garnier confirms his purchase advice on Engie, aiming at 15 euros per share. The share price 13.61 euros Thursday morning, little changed (+ 0.07%). (Gbayre@agefi.fr) ed: ECH
11/7/2017
12:29
market master: ENGI - TEN BAGGER!!! https://www.voxmarkets.co.uk/blogs/3-further-reasons-to-add-energiser-investments-engi-to-your-watchlist/ On 13th June 2017, Energiser Investments announced it’s first investment, into Micro Self Storage. “Traditionally, self-storage facilities operate in the 40,000 sq ft upwards range and are positioned on the edge of large towns and cities, providing a self-storage service to a large catchment area. Micro Self Store will focus on micro facilities of 10,000 to 35,000 sq ft within dense urban centres such as London and on the edge of smaller towns where there is low or no competition from large operators. With the dramatic rise in the cost of residential space, the directors of Energiser believe there is strong demand for convenient, readily accessible and affordable flexible storage solutions for people who want to “self-store next door.” Well run self storagecompanies generate a lot of cash and the margins are very high. One of the major players, in the UK, is Big Yellow Storage. Their recent final results, for the year ended 31st March 2017 showed their EBITDA margin was 68.5% and occupancy rates were around 78%. We can expect similar margins in Micro Self Storage as it will be, “Technology driven, based on methods and processes perfected in the mature USA self-storage market. This will include digitised access to self-storage units and lockers, remote facility monitoring, and a focus on targeted digital marketing to drive sales. Digitisation will maximise customer experience and minimise the costs of operating a network of micro facilities.” Energiser will invest up to £0.6m to launch the platform and open the first facility. The objective is to grow a network of more than 20 facilities in the next three to five years. Dominic, the CEO made a comparison to the Gym Group, who operate smaller gyms and are more local. They have around 80 gyms and are doing very well. Performing some back of the envelope maths, if Energiser do manage to open 20 micro self storage units, with an average rental space of 15,000 square feet, at average occupancy level of 75% and rates at around £30 peer square foot. This is the figures you get: 15,000 square feet x 75% occupancy = 11,250 square feet. 11,250 x 20 storage units = 225,000 square feet of occupied space. 225,000 = £30 per square foot rental = £6,750,000 revenue per annum. At 50% EDITDA margin = £3,375,000. If you put this on a price earning ratio of 10 = £33,750,000. From where Engergiser is valued today, £2.32m, if they achieve the minimum of 20 micro self storge units, you could reasonably argue that, this could be a 10 bagger investment. 2. Management Energiser Investments have an impressive management team (who hold a fair chunk of shares) as I mentioned in my previous blog post and now they’ve added to that list by bringing Paul Fahey into the fold. Paul has founded and grown a number of successful self-storage businesses over the last 15 years. He sold Big Storage to a large listed UK operator in 2015 and continues to oversee Flexi Space (based in the north of England) and Easybox (seven facilities in Italy). He is a past President of the Federation of European Self Storage Associations (FEDESSA), is past Chairman and a current Director of the UK Self Storage Association, and is Chairman of Self Storage Performance Management International, a specialist funding and operations adviser to self-storage operators. Chief Executive, Dominic White, commented: “we’ve been looking at the traditional self-storage sector for some time, and have recognised the growth potential in this new sub-sector of the traditional market: micro self-storage. We’re excited to be one of the first investors in this market. With the benefit of Paul’s experience, the new platform’s management will implement international self-storage best-practice operations and highly digitised processes from the start.” Paul Fahey commented: “we expect this to be a fast growing segment within the wider self-storage category. With Energiser as the platform’s cornerstone investor and the new management team’s sector knowledge and operating experience, we expect to see the business grow rapidly”. 3. Market Cap As I mentioned in reason 1 above, the share price reacted negatively to Energiser’s first investment. This, I believe, was not due to the investment itself but more because of the the time frame of the investment. A lot of money invested on AIM is by traders who are notoriously impatient and are simply not prepared to wait longer than a month, in an attempt, to see a return on their money. Energiser stated, “The funding will be used to immediately launch Micro Self Store and open a micro self-storage facility in the first half of the next financial year”. If they do what they say they are going to do, then at a £2.32m market cap I see this as a great investment opportunity and the management have plenty of skin in the game to suggest, they also believe this to be the case.
09/4/2017
00:08
the grumpy old men: Moorside – Are Toshiba’s and Engie’s exits mortal blows? 07/04/2017 Share: Partager 2 The collapse of the NuGen consortium reflects endemic weaknesses in new nuclear projects across Western Europe, says Nigel Hawkins. Most Read Moorside – Are Toshiba’s and Engie’s exits mortal blows? Kepco unlikely to take over Moorside without public financing Labour concerned by Defra’s competition agenda Centrica urges government to drop EU targets Decentralisation and the blockchain: it is here, it is now and it can’t be blocked The last few days have seen very contrasting news for UK new nuclear-build. On the positive front, the first cement pour has taken place at the long-delayed and highly controversial £24 billion 3,200 MW Hinkley Point C plant. It is due to be commissioned in the mid-2020s. On the negative front, the Moorside new nuclear-build project in Cumbria, which plans to build three AP-1000 Westinghouse plants near the Sellafield nuclear re-processing site, is in deep trouble – the damage may be terminal. Following a sharp fall in its share price, the Japanese-based Toshiba, with a 60 per cent stake in Moorside, has decided to withdraw from overseas nuclear projects. Its finances have been drastically undermined by huge losses from US plants being built by its Westinghouse nuclear subsidiary, which it bought from British Nuclear Fuels in 2006. Westinghouse, an iconic name in US electrical engineering, was originally a major rival to Edison. Its eponymous founder transformed the US electricity industry – but his company is now being pushed into Chapter 11 bankruptcy. Furthermore, Engie (formerly GDF-Suez), has wasted little time in triggering its legal right to exit the project; it is due to receive c£111 million for its 40 per cent stake. When the Moorside NuGen consortium was established in 2010, two ‘big six’ power companies, SSE and Iberdrola, were founding shareholders: they both exited some years ago. There are hopes that South Korea’s highly respected Kepco may step in to fill the breach and save the Moorside project; this may be wishful thinking. The latest developments affecting UK new nuclear-build are part of an ongoing saga. After all, ferocious debate has surrounded the Hinkley Point C project for years – with the eye-watering, index-linked £92.50p per MWh Contract for Difference (CfD) for 35 years being particularly controversial. There are other new nuclear-build projects on the table though at a far less advanced stage. In Anglesey, another Japanese company, Hitachi - through the Horizon consortium - is planning to build a successor to the Wylfa Magnox plant that is now being decommissioned. Perhaps not surprisingly, this project has encountered delays; if it were to proceed, it would not be commissioned for almost a decade. In eastern England, Chinese nuclear investment at both Bradwell and Sizewell has been widely discussed. State-owned - and Guangdong-based - Chinese General Nuclear (CGN) is very keen to install Chinese nuclear technology at these sites. Importantly, CGN is a minority shareholder in the Hinkley Point C project. Following Theresa May’s election as Prime Minister, there was a pause before final clearance was given to the Hinkley Point C project, with deep-seated concerns about Chinese security issues reputedly being to the fore. Although the go-ahead was eventually given, there is no guarantee that a similar decision would be reached for Chinese investment in other nuclear projects. Elsewhere in Western Europe, nuclear new-build problems seem endemic. The third-generation plant at Olkiluoto in Finland – due to be a shop-window for new nuclear-build - is both many € billions over budget and many years behind schedule. EdF’s experience with its first third-generation plant at Flamanville is almost as disastrous as costs soar and delays persist. In fact, c85 per cent of EdF’s shares are publicly-owned, a very different scenario from other players in the UK electricity supply industry. Yet, if some of the existing nuclear new-build projects are parked – a likely fate for Moorside – or collapse completely, it may only be the Government that is prepared to step in and rescue them. Author: Jane Gray,
13/11/2016
18:45
grupo: TRANSLATION Published on 11/11/2016 at 13h49 (Boursier.com) - The action Engie that tumbled yesterday on its lowest levels, camping on my 11.80 euros this Friday, stable ... The group published results over 9 months without flavor and tightened in the Bottom of the range its forecasts 2016. Oddo is nevertheless to buy on the record aiming a course of 17,50 euros, talking about online publication. "The 2016 objectives are confirmed, but the risks on the nuclear supply increase the uncertainty of the short term," comments the broker who continues: "The recent rebound in market prices and the capacity mechanism in France benefit Engie but in a A small measure ... Engie's news flow is not a satisfactory catalyser in the short term, and the group has suffered a significant discount due to the risk of tightening monetary policy, "concludes Oddo. Raymond James, meanwhile, remains buying strong on the record, but adjusting his target price down to 13.90 euros ... Source of Concern Crédit Suisse slightly reduced its earnings per share projections on the record for 2016. However, its expectations for the following years remained unchanged ... For the consulting firm, the main source of uncertainty is Knowing when the current reorganization will begin to have an impact on turnover. From this point of view, he continues to believe that the growth of results will remain weak until the end of the decade, which explains his "neutral" recommendation, despite a target price of € 14.40 and a valuation that " It considers relatively low compared to that of its comparables on the basis of most commonly used metrics. A valuation that remains justified by the lack of visibility on the results of the reorganization. Having set a dividend level of 0.70 euro for both 2017 and 2018, however, provides strong support for the title ... In depth "Engie is in the process of transforming its business in depth, so we believe that the 2016 metrics do not necessarily reflect the growth potential for long-term investors," said Bryan Garnier, who recommends to his clients ... to buy the title by targeting 17 euros. Berenberg on the other hand has degraded the value of "buying" to "conserve", while reducing its target price from 16 to 13.50 euros. The broker does not anticipate any significant growth in EPS until 2019 despite a significant program of cost savings. The decline in share price shows that the market is not currently willing to pay for this distant growth in time. In the end, the broker judges the title properly valued ... Contrast The nine-month results of the group came out very contrasted, in a difficult context that weighs on revenues. The group saw its turnover decrease by -10.3% in organic data to 47.5 billion euros, while its Ebitda contracted by -2% to 7.7 billion. On the other hand, current operating profit rose by 6.6% on an organic basis to 4.4 billion euros. Cash flow from operations contracted by -8.3% to 6.8 billion euros. Finally, net debt declined by 1.9 billion euros to reach 25.8 billion euros at the end of September. Engie already realized 6.1 billionth of disposals, ie 41% of the target set for the end of 2018. The transformation plan began to produce its first effects, with a contribution estimated at 400 ME on EBITDA. The decline in activity is above all due to the drop in the price of conveniences and temperatures in France less cold than the same period of the previous year. Fork stockings The energy company aims at a recurring net profit at the bottom of the previously announced range, 2.4 to 2.7 MdsE, on the basis of an indicative EBITDA range of 10.8 to 11.4 MdsE (also awaited Down forecast). The current consensus is positioned at 10.85 billionth of EBITDA, already at the bottom of the range, and recurring profit at 2.5 MdsE (14 analysts, Bloomberg). The net debt to EBITDA ratio will be less than or equal to 2.5 times at the end of the year. A cash dividend of € 1 per share will be proposed. Finally, the group is determined to keep its rating in category "A" ...
04/11/2016
21:46
ariane: Friday, November 4, 2016 Oil prices settled at a six-week low on Thursday following several consecutive days of large price declines. The major catalysts this week were doubts over an OPEC deal and EIA data showing a record build up in crude oil stocks. The EIA said Wednesday that U.S. oil inventories rose by 14.4 million barrels last week, the largest gain in a single week since data collection began in the early 1980s. WTI plunged below $45 per barrel on the news and the five consecutive days of losses was the longest streak since June. The data could be misleading, however. The huge buildup in inventories came largely because weekly imports spiked. Imports rose by about 2 million barrels per day last week after several weeks of hovering at below-average levels. The import spike was partially affected by bad weather, including a hurricane, and could be an anomaly. If that is the case, crude stocks probably won’t gain at similar rates in the weeks ahead. Still, sentiment is negative after such a down week. "The persistent market dynamic of softer demand and stronger supply will become a more dominant driver of prices as the impact of OPEC's verbal interventions begins to fade and expectations for coordinated cuts are readjusted," BMI Research said in a note to clients. OPEC deal probable, Citi says. Saudi Arabia and Russia are “hungry for an agreement,” Ed Morse, the head of commodity research at Citigroup, said this week. That means that OPEC and several non-OPEC countries will probably reach a deal at the end of the month to cut oil production. "We’re expecting the parties that need to do something to boost prices to be serious about deciding something," Morse said. For its part, OPEC said it was “deeply optimistic” this week that they would reach a deal. Oil prices to stay below $60 per barrel in 2017. A Wall Street Journal survey of 14 investment banks predicts that oil prices will not rise above $60 per barrel for another year. The average forecast of the 14 respondents puts Brent oil prices at $56 per barrel in 2017 and WTI at $54. Those figures are down $1 per barrel from last month’s survey, and stand in stark contrast to forecasts from a year ago, which predicted oil to move above $70 per barrel this year. Colonial Pipeline still closed. The largest pipeline ferrying gasoline around the U.S. has been closed since Monday due to an explosion. The Colonial Pipeline carries gasoline from the Gulf Cost to the Southeast and Northeast U.S., and its closure has led to a spike in gasoline futures. On Tuesday, gasoline futures spiked as much as 15 percent, the largest single day increase in nearly a decade, according to the WSJ. The pipeline’s operator had hoped to have it back up and running by this weekend but a small fire continued to burn as late as Thursday. Nearly two months ago, the pipeline was shut after a leak, a short outage that also led to higher gasoline prices in regional markets. The WSJ reports that more than 60 percent of U.S. fuel pipelines are more than 46 years old, posing questions around the integrity of some of the nation’s largest oil and gas conduits. Attacks in Nigeria continue. Sabotage by the Niger Delta Avengers and other militant groups against oil infrastructure continue to pick up pace. The latest attack hit a flow station along Royal Dutch Shell’s (NYSE: RDS.A) Trans Forcados pipeline. In a statement the Niger Delta Avengers said that its attack was to warn oil companies that “there should be no repairs [to pipelines] pending negotiation/dialogue with the people of the Niger Delta.” U.S. intelligence officials told CNBC that the worrying thing for Nigeria is that Niger Delta militants could splinter, leading to ongoing attacks under no coherent umbrella, making them more difficult to control. Nigeria’s oil production recently rose to 1.9 million barrels per day but the attacks threaten to derail more gains. North Sea oil production set to jump. Oil shipments from the aging North Sea could rise by 360,000 barrels per day between September and December of this year, taking output for the region up to 2.16 million barrels per day. The buildup of tankers in the North Sea is starting to clear, adding to the global surplus of supply and complicating the effects of a potential OPEC agreement on oil prices. Solar stocks plunge on glut of panels. First Solar (NASDAQ: FSLR) saw its share price fall by 18 percent on Thursday, taking it multiyear lows, after it missed revenues and pointed to a global glut in solar panels. Prices for panels have declined 30 percent in large part due to a slowdown in demand from China, First Solar said. U.S. presidential election poses market uncertainty. The S&P 500 has suffered a string of losses lately, which many attribute to jitters over uncertainty regarding the outcome of next week’s election. The markets seem to prefer Hillary Clinton over the uncertainty of Donald Trump, and indices have sunk as the campaign has tightened in recent days. In our Numbers Report, we take a look at some of the most important metrics and indicators in the world of energy from the past week. Find out more by clicking here. Thanks for reading and we’ll see you next week. Best Regards, Evan Kelly Editor, Oilprice.com P.S. – Natural gas is approaching a situation in which all factors point to a rebound, but oil trader Martin Tillier points at the markets’ tendency to overshoot. Martin warns that buyers should hold off a bit longer before scooping up natural gas futures. Find out where the real reversal for NatGas is taking place by claiming your risk-free 30 day trial on Oil and Energy Insider
26/10/2016
10:28
the_alchemist: look at new website , it looks much better recent Director buy and assignment of options I agree once monies for Kingston project on the books NAV should significantly improve and share price increase ? 5-6p against Cliley view of 10 p which i hope is correct and i am wrong. Looks like the new Director also has some good ideas about increasing profitabilty I am now feeling more positive about my investment here . Expect some large % changes in shareprice and ENGI showing on leader boards (and hopefully not to much on declining stock boards , if we hold on to out shares through large percentage rises , and do not sell prematurely!!!) regards The_alchemist
30/9/2016
08:40
cliley454: ENGI. Market cap under £1m. Looking at the chart one would think that ENGI were about to go bust, but in this case the chart lags way behind the reality. After a series of bad investments, late in 2008, partly due to luck and to the banking crisis they managed to take over a housing developer (GPHL) who had run into financial difficulties and needed cash to complete a building project. This has resulted in ENGI owning a total of 20 houses in Wellingborough, each with a value of £150,000 and climbing. These houses are fully let giving a regular income however the intention has always been to sell them and invest the funds in other projects in the same sector. Reading between the lines of yesterdays bullish results it looks like they plan to do this within the next 12 months, but with house prices predicted to rise by 50% over the next 5 years they have no need to rush. In 2013 they announced that they would help fund another building project in Surrey in return for a 50% share in profits with a guaranteed minimum of £785,000. This project is now complete and with just 1 property left to sell they are about to receive their £785,000 which will increase NAV by more than 3 times and should instigate a re-rating of the share price to around 6p imho. As from this week they have a brand new website and with those bullish results, look set for a steady stream of positive news flow. Another plus would be the appointment in June this year of Dominic White who holds a wealth of experience in property development and has the contacts needed to find value in that market. Investors might want to take a look at major shareholders who own a staggering 93.3% of the company. hTTp://www.energiserinvestments.co.uk/share_price.php With such a thin market, a re-rating on the cards, a cash injection expected shortly and flow of good news from new projects 10p a share is easily achievable imho. dyor
09/5/2016
19:54
sarkasm: Market info Centrica stock holds steady – despite Engie deal falling through Share this: Click to email this to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Reddit (Opens in new window) Centrica news Written by Phil Allan - 09/05/2016 1:32 pm Centrica’s shares held steady today despite a deal with Engie fell through just weeks before its fundraising bid according to reports. Shares were trading at 210.6 pence in London at 1.30pm – slight above Friday’s close of 209.9 pence. Centrica was in talks with French utility firm Engie to combine the pair’s North Sea oil and gas portfolios. The deal would have allowed the firms to relieve their financial burdens by axing overlapping processes and re-negotiating with suppliers. It’s believed the deal was voted down by Engie’s mega-shareholder CIC China. Related Articles Centrica stock dives after it announces £750million shares issue Centrica in failed North Sea merger City's eyes on Centrica amid fall in commodity prices Recommended Articles Aker wins Johan Sverdrup deal, work to support 1,000 jobs DNV wins big with Statoil’s Johan Sverdrup UK can be leader in multi-billion pound small pools sector Centrica’s shares dropped as much as 10% last week and after announced it would sell 350 million shares to raise between £750million and £800million to buy a pair of rivals and cut debt. The move was part of its turnaround plan to would fund two “attractive acquisitions” worth around £350million. It said it would sell 350 million shares, worth between £750 million to £800 million, to buy a pair of smaller rivals and cut debt. Centrica, owner of British Gas, has seen its share price come under pressure over the last two years as weak oil and energy prices have weighed down on its stock. British Gas has cut prices three times since the beginning of 2015, and in January it lowered gas tariffs in line with other Big Six providers, announcing a 5.1% decrease from March 16. British Gas lost almost 250,000 customers in the first three months of the year as customers switch from Big Six providers to smaller suppliers. The UK has a total of just under 40 energy suppliers as new rivals have entered the market in recent years. Chief executive Iain Conn last July announced a plan to move resources away from exploration and production, as well as a five-year plan to cut costs by £750 million. The move includes cutting 6,000 posts over the period – around 10% of its workforce – although 2,000 jobs will be created, so the net loss will be 4,000.
23/2/2016
20:48
waldron: Engie Share News (ENGI) Share Name Share Symbol Market Type Engie EU:ENGI Euronext Ordinary Share Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -0.625 € -4.31% 13.865 € 13.855 € 13.865 € 14.38 € 13.82 € 14.35 € 6,440,807 17:36:30 Print Alert Engie SA Earnings: What to Watch 23/02/2016 7:08pm Dow Jones News Engie (EU:ENGI) Intraday Stock Chart Today : Tuesday 23 February 2016 Click Here for more Engie Charts. By Inti Landauro PARIS--French power utility Engie SA reports full-year earnings at 05:45 GMT on Thursday. Here is what will be in focus: -- EARNINGS FORECAST: Analysts polled by FactSet expect an average net profit of EUR2.47 billion ($2.72 billion) compared with a net profit of EUR2.4 billion in 2014. The company has said it expected a net profit between EUR2.75 billion and EUR3.05 billion three months ago. -- REVENUE FORECAST: Engie is expected to book revenue worth EUR72.64 billion, according to a FactSet analyst survey, down from EUR74.69 billion in 2014. WHAT TO WATCH: -- ASSET SALES: Engie's Chief Executive Gerard Mestrallet has said the company plans to sell assets exposed to energy spot prices to focus on businesses with regulated prices, services and renewable power generation. -- MANAGEMENT CHANGE: Gerard Mestrallet is due to step down as CEO in the coming months and be replaced by Chief Operating Officer Isabelle Kocher. He may remain in the company as nonexecutive chairman of the board. -- COST CUTTING: Engie is likely to announce further cost-cutting rounds to improve profitability. Analysts and investors will also pay attention to the dividend to be announced. Write to Inti Landauro at inti.landauro@wsj.com (END) Dow Jones Newswires February 23, 2016 13:53 ET (18:53 GMT) Copyright (c) 2016 Dow Jones & Company, Inc. 1 Year Engie Chart 1 Year Engie Chart 1 Month Engie Chart 1 Month Engie Chart
07/8/2012
18:15
the_alchemist: posted by me on Eirx bb: posted today on ERX web site today by our Chairman John Pool: "Eirx Therapeutics PLC Good morning, Whilst there are only two of us left in the company with no resource, we fight on. We are trying to finalise agreements with two major entities which have options on our IP and the case against the Bank of Scotland should after three years of effort get to court in the next few weeks, with a good chance of us winning. We are also in discussion with two investment funds re the possibility of achieving the funding but August is the month of total inactivity for other and larger organisations. I am trying to keep the very amateur but little cost web site up to date, on www.eirxtherapeuticsplc.com so if you are able to advise others please could you direct them accordingly" I do like the optimistic note about the possibilty of winning the Court case ! If substantial costs come in from this and by my reckoning we are not talking tens or even hundreds of thousands of pounds but multiple million pound amounts then this money , together with the subscription funds raised will help ERX new entity relist with capital for acquistions .This will be a wonderful testament to the resolve of our BOD and a vindication against the highly unethical banking practice of the BOS.i cannot see this all happening within a shorter period of say 3-4 months. ? in time for a very happy new year 2013.I do expect some sort of update in the next month or so. the_alchemist should also have implications for ENGI share price .ENGI hold 12.5 % of EiRX currently at nil value on the books . I wonder what EiRX returning with a £30 million plus valuation (purely a guess on my part ) would do to ENGI share price ?
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