Some interesting price action early afternoon and as it stands, back above the 50dma. |
Positions changing by the looks, added a few more, GLA |
 Guys - this might explain the price action.
I have just done some arithmetic on our short position.
They currently have 26,570,528 shares shorted.
Their average purchase price is 11.20p
At 9p they have a notional profit of £585k, less the £40k loss they incurred 13 June 24.
At 10.2p things get a lot less attractive - to the tune of £265k less profit.
I believe this explains much about our current/recent share movements. Every time we start to rise some ‘sell’ sauce gets poured on. Their problem now is that, in this very thinly traded share, any sustainably good news will screw them royally.
I did some comparable arithmetic on their ITM position. They have reduced shorts twice and made £6m. At the current ITM price they have a notional profit of £15m.
However, ITM is also a very thinly traded share. ITM has made transformational improvements and they are getting orders. In addition the idea that Trump would ‘destroy’; global green industries is demonstrably nonsense outside of the USA.
Any idea that Helikon’s ITM profits would cover any losses in AFC is in very thin ice. ITM will at some stage have an extreme short squeeze as they try to reduce their position and it will get jumped on hard.
I think the same thing applies here, except of course they are on a much thinner profit margin. |
And they wonder why companies are leaving in droves. |
Yep, and it's supposed to have SOME regulation but doesn't appear to have it. |
Directors buy shares and the price drops! Where’s the logic? |
At 2024 AGM Bind was asked directly about plans for next cash raise?.
His answer was “No plans at this time”
Barely 6 weeks after that statement there was a cash raise.
Talk is cheap in AIMs shares, companies can’t function without cash.
£15M in cash at end of October 2024, cash burn of @£1.2pcm puts cash at less than £10M.
Directors have a fiduciary responsibility not to run out of cash.
Speedy Hire JV are unlikely to order more units to just sit on their shelves.
That’s the only reason short term revenue customer mentioned in the call yesterday. |
Well, nice to see the directors had some yesterday too, GLA |
Next week Deals grow as revenue to flow and Grow.
Future strong don't be left behind |
zaksab,
.
Utter nonsense. |
Introductory. |
Why this presentation today... the AGM isn't that far off..? |
the best management never talk about the valuation of the company...and the opposite is also true |
.
IMC Meeting video now available on the IMC Website or on YouTube.
.
.
Quotes extracted by
.
'Increase share price 10x'
.
00:01:25.799 before that I led electron technology
00:01:27.680 PLC for nearly a decade where I worked
00:01:30.079 to transform the fortunes of the
00:01:31.479 business through building a
00:01:32.560 differentiated product and Commercial
00:01:34.079 offering that increased shareholder
00:01:35.880 value by more than 10 times and grew the
00:01:38.280 operating margins of its largest
00:01:39.680 business by over 20 times these are
00:01:42.000 obviously successes which I hope to
00:01:43.880 replicate here at AFC
.
.
'We can produce Hydrogen significantly cheaper than the current market prices'
.
00:07:22.000 we are proving we can provide
00:07:24.599 hydrogen at scale substantially below
00:07:26.879 current market costs
.
.
'Going to FAST-TRACK the Ammonia Cracker' BOOM!
..
00:11:31.480 Hyamtec can solve this
00:11:34.240 problem and for AFC it'll allow us to
00:11:37.480 offer customers such as speed's clients
00:11:39.839 an endtoend One-Stop
00:11:42.279 solution although the high and Tech
00:11:44.240 brand is new the technology is well
00:11:46.399 Advanced and we aim to Fast Track its
00:11:49.519 commercialization
.
.
NOT going to take the company private.
.
00:15:42.120 are we going to take AFC private
00:15:45.759 so there's absolutely no plans
00:15:48.120 to take the company private
.
.
.
'We are undervalued based on revenues'
.
00:14:07.320 while I still understand the
00:14:09.199 focus on Revenue it is clear from
00:14:11.040 looking at our peers that we are
00:14:12.560 undervalued regardless of Revenue
.
.
'We hope that results will drive a re-rating of the share price'
.
00:14:15.120 our plan is to focus on delivering
00:14:16.680 operationally and trust that these
00:14:18.360 results will drive a rerating of the share price
.
00:19:52.320 we look forward to updating
00:19:55.480 you further in March when we
00:19:57.120 announce our full year results
.
.
'NO plans for any fund raising until way into the future when it's needed.'
.
00:17:32.880 so there's currently no plans
00:17:35.320 for an equity raise where we are as a
00:17:37.720 company it is clear we'll need further
00:17:40.120 funding um in the future to realize the
00:17:43.320 tremendous opportunities that we have
00:17:44.640 available to us and until such point
00:17:47.120 that our revenues generate positive
00:17:48.600 operating cash flow, there are
00:17:50.960 different options for achieving this for
00:17:53.120 example bringing in a strategic investor
00:17:55.640 or other financing alternatives, all of
00:17:57.679 which we will consider the appropriate time
.
. |
.
IMC Meeting video now available on the IMC Website or on YouTube.
.
.
Verbatim. Extracted by
.
'Increase share price 10x'
.
00:01:25.799 before that I led electron technology
00:01:27.680 PLC for nearly a decade where I worked
00:01:30.079 to transform the fortunes of the
00:01:31.479 business through building a
00:01:32.560 differentiated product and Commercial
00:01:34.079 offering that increased shareholder
00:01:35.880 value by more than 10 times and grew the
00:01:38.280 operating margins of its largest
00:01:39.680 business by over 20 times these are
00:01:42.000 obviously successes which I hope to
00:01:43.880 replicate here at AFC
.
.
'We can produce Hydrogen significantly cheaper than the current market prices'
.
00:07:22.000 we are proving we can provide
00:07:24.599 hydrogen at scale substantially below
00:07:26.879 current market costs
.
.
'Going to FAST-TRACK the Ammonia Cracker' BOOM!
..
00:11:31.480 Hyamtec can solve this
00:11:34.240 problem and for AFC it'll allow us to
00:11:37.480 offer customers such as speedy's clients
00:11:39.839 an end to end One-Stop
00:11:42.279 solution although the hyamtec
00:11:44.240 brand is new the technology is well
00:11:46.399 Advanced and we aim to Fast Track its
00:11:49.519 commercialization
.
.
NOT going to take the company private.
.
00:15:42.120 are we going to take AFC private
00:15:45.759 so there's absolutely no plans
00:15:48.120 to take the company private
.
.
.
'We are undervalued based on revenues'
.
00:14:07.320 while I still understand the
00:14:09.199 focus on Revenue it is clear from
00:14:11.040 looking at our peers that we are
00:14:12.560 undervalued regardless of Revenue
.
.
'We hope that results will drive a re-rating of the share price'
.
00:14:15.120 our plan is to focus on delivering
00:14:16.680 operationally and trust that these
00:14:18.360 results will drive a rerating of the share price
.
00:19:52.320 we look forward to updating
00:19:55.480 you further in March when we
00:19:57.120 announce our full year results
.
.
'NO plans for any fund raising until way into the future when it's needed.'
.
00:17:32.880 so there's currently no plans
00:17:35.320 for an equity raise where we are as a
00:17:37.720 company it is clear we'll need further
00:17:40.120 funding um in the future to realize the
00:17:43.320 tremendous opportunities that we have
00:17:44.640 available to us and until such point
00:17:47.120 that our revenues generate positive
00:17:48.600 operating cash flow, there are
00:17:50.960 different options for achieving this for
00:17:53.120 example bringing in a strategic investor
00:17:55.640 or other financing alternatives, all of
00:17:57.679 which we will consider the appropriate time
.
. |
We are in good hands? Hahahaha what a clown |
Good point! |
Just visited website after IMC - Dull, boring and out of date in respected of management.
Message to management - Needs significant update to make it as exciting as the products. |
Just visited website after IMC - Dull, boring and out of date in respected of management.
Message to management - Needs significant update to make it as exciting as the products. |
Is this the latest theme, Speedy is doomed? |
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