Renewable Power & Light Share Discussion Threads

[asparks] 10/12/2009 13:02

cheques due to be sent on 11th Dec - see RNS

[ball deap] 10/12/2009 12:33

When is the 8p returned to existing share holders?

[goliard] 10/12/2009 12:01

It would be crazy to buy now. You don't ge the 8p.

[asparks] 10/12/2009 11:53

is it worth buying at this price? some people seem to be mopping up a few today

[cap123] 24/11/2009 20:32

So if i have 40 000 shares in this share effectively what does this mean for me??

[catandcrow] 19/11/2009 13:58

$1.5m for the biodiesel gear.

[madmonkflin] 18/11/2009 17:11

it should drop below that.

[catandcrow] 18/11/2009 16:24

Well the share price will drop - hopefully not to the 2p level. But it will drop a lot since the major asset (the cash) is being returned to shareholders.

[ased_ali] 14/11/2009 22:31

I'm afraid I'm too new to investing and really not bright enough to fully understand this.

The current share price is 10p but subject to shareholder approval, every share holder will get back 8p per share (from the company's share account). On top of that there's some other disposals.

Assuming the 8p return does go ahead (share holders are hardly going to say no), that's one hell of a return or is the share price going to go to 2p after that?

Sorry, I must either be dreaming or missing something really obvious here?
Any clarification will be very gratefully received.

[catandcrow] 13/11/2009 15:41

No - it would be extra cash - nice to have but the 8p is safe.

[asparks] 13/11/2009 14:55

does the 8p payout depend on this sale?

[catandcrow] 13/11/2009 14:10

Doesn't look great...

[madmonkflin] 13/11/2009 11:16

and here are the results I guess?:-
https://www.proxibid.com/asp/Catalog.asp?aid=23830&p=1&srch=search%20catalog&sort=0#Top

[madmonkflin] 13/11/2009 10:31

any news on the sale?

[crt131] 11/11/2009 16:34

Excellent find C&C

[catandcrow] 11/11/2009 16:07

Auction for the biodiesel is tomorrow so maybe we'll see a move:



"Allison Guyton, director of operation for Maas Companies says this is a perfect opportunity for anyone wanting to pick up some brand new, still shrink-wrapped, palleted equipment that is ready for a plant expansion."

[madmonkflin] 11/11/2009 12:08

I wouldn't go rushing in, depends what value is achieved for the new/used biodiesel kit and also the stength of the dollar. DYOR.

[catandcrow] 11/11/2009 09:17

Details of the cut off in here:

[crt131] 10/11/2009 16:08

Not set yet I think

[asparks] 10/11/2009 14:30

so there is no cut off date to receive the 8p?

[crt131] 09/11/2009 17:54

I have been quoted 10p for only a small quantity - the MM's obviously don't want to part with them. I can't understand this one at all!