Redt Energy Share Discussion Threads

[pkul] 16/12/2016 11:49

GunsOfMars....understand that, but they have done what they have done and now its a case of trying to make the best of their miserly (to existing holders) bad job.

[gunsofmarscapone] 16/12/2016 11:46

Oversubscribing cannot compensate for the miserly open offer ratio surely?

[pkul] 16/12/2016 10:27

Thank you Pierre.
I guess I will be oversubscribing....

[pierre oreilly] 16/12/2016 10:22

The record date is the date which the shareholder register is read and decides who'll get the paperwork (but aren't necessarily entitled to the open offer)

The ex entitledment date is the actual date you need to hold before to qualify for the offer. This means those who bought on the 8 dec don't get the paperwork by normal channels, but qualify for the offer. And those who sold on the 8th get all the paperwork but can't take up the open offer. Your broker sorts out the slight admin mess so eventually all entitled to the offer know about it.

[pkul] 16/12/2016 10:14

Open Offer entitlement - quick question: the "Record Date" is 07-Dec-16 on which I thought the 1 for 13 would be calculated for holders and this figure passed to Crest accounts. I am now told it is actually the 09-Dec-16 which is the ex-entitlement date. Let me know if my understanding is incorrect.

[rjd1233] 16/12/2016 10:13

Just accepted my allocation and asked for a further 60,0000.

[dlg3] 16/12/2016 10:09

dogrunner11 leave 12bn alone, he wants a better entry point for his £10 buy......

[dogrunner11] 16/12/2016 09:39

0p, that is hilarious, only a real tool would post that here.

[alchemy] 16/12/2016 09:04

Nah 12bn is our forecast worth.

[pierre oreilly] 16/12/2016 09:03

He wants to cause confusion, that's the point. He wants to mislead people otherwise he would have deleted it by now. I'm afraid to say that 12bn is turning out to be a really nasty piece of work.

[ianous] 16/12/2016 07:27

RED24 has nothing to do with REDT so why post this RNS? Probably worth removing to avoid any confusion.

[12bn] 16/12/2016 07:15

I presume that red24 is nothing to do with this REDT (a gambling site?) but here is the RNS anyway/////////AIM Cancellation - Red24 Plc

16/12/2016 7:00am
UK Regulatory (RNS & others)

Red24 (LSE:REDT)
Intraday Stock Chart
Today : Friday 16 December 2016

Click Here for more Red24 Charts.
TIDMREDT

RNS Number : 0026S

AIM

16 December 2016

NOTICE

16/12/2016 7:00am

NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM

RED24 PLC

At the request of the company trading on AIM for the under-mentioned securities has been cancelled from 16/12/2016 7:00 am.

ORDINARY SHARES OF 1P EACH, FULLY PAID (B297TG4)(GB00B297TG43)
If you have any queries or require further information, please contact the company's nominated adviser on [phone].

This information is provided by RNS

The company news service from the London Stock Exchange

END

[12bn] 16/12/2016 07:07

16/12/2016 07:00 UK Regulatory (RNS & others) AIM Cancellation - Red24 Plc LSE:REDT Red24//////////????????? Anything to do with REDT?????

[dlg3] 16/12/2016 01:35

Because the electrolyte can be used again and again, it can be recycled into a new unit...the good thing about leasing the electrolyte is it should be worth more in 20 years time...while providing a regular revenue.

[dlg3] 16/12/2016 01:33

cyberbub yes servicing and remote monitoring, also they plan to lease the vanadium electrolyte...

[cyberbub] 15/12/2016 22:54

Has anyone got any insight into the company's 'recurring' revenue targets? ie not just selling units and then walking away, but seeking to make some ongoing revenue for servicing say?

[gnnmartin] 15/12/2016 18:05

Dave, yes, the videos are 'propaganda', or alternatively, shareholder information. Shareholders tend to complain if companies don't give them a regular update: I don't think making this video is an extravagance.

[gnnmartin] 15/12/2016 18:01

dig: "Neil O’Brien, a non-executive director of the Company, has agreed to subscribe for 625,000 Placing Shares". Not open offer: he doesn't hold any shares yet, so couldn't take shares in the open offer.

[davemac3] 15/12/2016 17:45

those video clips just look like propaganga set up by the company, Scott probably gave him a list of questions to ask. Only real sales will move this forward. I am a holder and may take up the offer shares but I am watching closely as they may be cheaper to buy on the open market soon.

[bobby.ifa] 15/12/2016 16:07

Superb comment Dozey, win win for all.

[dozey3] 15/12/2016 15:18

It would make sense if part of our humungeous aid budget could be used to provide solar and energy storage to some off-grid settlements in sub-Saharan or even Saharan Africa. That would kick start progress and support Great Britain Ltd. Or perhaps that's not allowed.

[alchemy] 15/12/2016 13:55

Oh and I really liked "it was switched on and it worked" quote.And he clearly had internal joy about the bigger units too.When those are being released-ordered big-time!....