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Red24 Share Discussion Threads
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|This thread can now be closed after iJet acquisition.|
The main advantages of the vanadium redox battery are:
It can offer almost unlimited energy capacity simply by using larger electrolyte storage tanks.
It can be left completely discharged for long periods with no ill effects.
If the electrolytes are accidentally mixed, the battery suffers no permanent damage.
A single state of charge between the two electrolytes avoids the capacity degradation due to a single cell in non-flow batteries.
The electrolyte is aqueous and inherently safe and non-flammable.
The generation 3 formulation using a mixed acid solution developed by the Pacific Northwest National Laboratory operates at a high temperature allowing for passive cooling 
|Ditto here Norbert. My average was 8.5p. Just wish I had bought a few more at the sub 5p level but that's when the biggest risk was. Still, a very good outcome for investors. I wish the staff well within the expanded organisation, they could and should do very well there.|
|Cash received in my account today. It's been a very good investment since Sep 2011 initial purchases at prices as low as 10.5p. As usual I wish I had held onto all the ones I originally bought. Thanks to all the investors on this thread who contributed.|
|Yeah the volume isn't indicating anything otherwise. Maybe a few people were short and being forced to close by their broker with not much stock around.|
|only 5,600 shares bought for more than 26p. Misguided I think..|
|Somebody paying 27p here, do they know something we don't or are they misguided?|
|yes, during Xmas. Hope they don't send cheques, might get lost in the post...|
|Nice to have a timescale now.
Trading in REDT shares to be suspended on 15th December and money paid out within 14 days. So basically by the end of the calendar year.|
|Finally. And 60%+ undertakings, so sure to go ahead unless something untoward turns up. Well done, all holders.
The directors seem sure it's in the best interests of the staff and the business.|
|26p it is..|
|Deadline day today?|
|What's the timetable now?|
|And then another 2 weeks it seems.|
|they have another month to do so.|
|ijet not confirmed raised offer price and clearly not yet buying in the market so by no means a done deal.|
|Yes BB I would be happy to be on the otherside of that!|
|Seems a winning formula :))|
|MrChrissSo you have sold at circa 21p on the basis that 26p undervalues the the company? Im sure investors would be keen to understand the logic applied to that decision.|
|26p still feels undervalued to me. I've now sold.|
|As the deadline for making the bid was Bank Holiday Monday, they obviously felt an extension granted to the likely bidder was preferable. Better that than withdrawing from the action altogether. As it turns out, 26p looks better subject to due diligence.|
|I don't like these after-hours announcements, especially just before a bank holiday weekend. It looks like they are trying to hide something.
In this case though it looks as if there will be an agreed bid at 26p. Deadline extended for another month until the end of September.|
|26p + 0.3p div. I will take that.
|What's the timetable under the Code?|
|I will check to see if Philip went. He was at the Staffline presentation on Monday.
If nobody attended then I may ask if we can have a conference call as the Agm was very poorly flagged and no RNS so I only spotted it too late to book in this year.|