Afc Energy Share Discussion Threads

[ride the wave] 18/1/2016 16:03

You said 12p was coming , then you woke up and had your cornflakes !!!

Pmsl

[beeezzz] 18/1/2016 15:34

NB...No, but I'm eighth Jewish does that count.....just keeping realistic NB just keeping realistic...never count ye chickens just yet.

Yep CWR are an interesting case....the one thing that AFC have in there favour the fact their FC works at much lower temperatures...whenever you have extreme temperatures you have increased risk in reliability, IMO.

I see you got a tick down, I wonder who that could be.....

[horneblower] 18/1/2016 15:31

Hmm. How were my cornflakes?
You're going to have to help me on that one David.

[ride the wave] 18/1/2016 15:28

Horneblower , how were your cornflakes ?

Lmao

[norbus] 18/1/2016 13:36

bz

R U a yorkshireman? you seem to have feet on the ground; AFC other competitors apart from Bloom could be CWR and of course IEH. if the market is really big, ie, if the nectar is there the bees will find it.

[beeezzz] 18/1/2016 12:48

Misssh Moneypenny please, time will tell if he has been worth it, the only thing I'm interested in is orders, when others are willing to part with their money and not just investors.

AIM is not the place for this company IMO...far to many bad companies.

[horneblower] 18/1/2016 10:09

Agreed.
If anyone can do it, 007 can.

[norbus] 18/1/2016 10:06

AB now has the headroom to breath again, if he needs to go to the drawing board; Smart thinking, and great timing. I reckon he is AFCs best asset

[h2owater] 18/1/2016 09:33

AFC Energy is fast approaching commercialisation for its proven low-cost alkaline fuel cell system ("KORE"), which converts hydrogen into 'clean' electricity.https://www.energyvoice.com/otherenergy/98936/afc-energys-fuel-cell-technology-proves-a-hit-with-investors/

[dgarvey] 18/1/2016 09:12

Anyone know how the scale-back will be calculated? % of holdings or fixed number per holder?

[ride the wave] 18/1/2016 08:19

9 more trading days and counting !!!

Great news today

[khitchen] 18/1/2016 07:10

well done holism, good call

[h2owater] 18/1/2016 07:09

18 January 2016

AFC Energy PLC ("AFC Energy" or "the Company")

Result of Shareholder Offer

On 17 December 2015, AFC Energy plc (AIM: AFC), the industrial fuel cell power company, announced that it had raised by way of the Subscription GBP2.47 million and that it was making the Offer to raise up to GBP1.13 million.

The Offer closed for applications at 11.00 a.m. on 15 January 2016 and the Company is pleased to announce that it has received valid applications from Qualifying Shareholders for 20,503,271 shares (representing GBP4,100,654.20 at the Issue Price) and was therefore 3.6 times oversubscribed.

Accordingly, after scaling back, the maximum number of 5,631,551 New Ordinary Shares will be issued to Qualifying Shareholders resulting in the Company raising GBP1.13 million before expenses, from the Offer, in addition to the GBP2.47 million raised from the Subscription, being an aggregate of GBP3.6m million before expenses.

Application has been made for the admission of the 5,631,551 Offer Shares to trade on AIM and it is expected that this will occur on 21 January 2016. The 5,631,551 Offer Shares will rank pari passu in all respects with the Company's existing issued Ordinary Shares.

Capitalised terms in this announcement have the meanings given to them in the circular dated 23 December 2015.

Mr Adam Bond, AFC's Chief Executive Officer, said: "This is a fantastic result for the Company and demonstrates the ongoing strong support we have from our loyal shareholder base who continue to believe in the opportunities for future success following the strides made by the Company in 2015. With the offer 3.6 times oversubscribed, I would like to thank our shareholders for such a positive response in the current challenging market conditions and for their continued support."

Total Voting Rights

Subsequent to the issuance of these Offer Shares, the Company will have 307,903,943 Ordinary Shares in issue. The Company does not hold any shares in treasury. Accordingly, following admission of the Offer Shares, the total number of Ordinary Shares and voting rights in the Company is 307,903,943. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority.

[norbus] 18/1/2016 06:56

RTW

Takeover may come soon as next month if AFC poses a threat to Bloom Energy, the US$bn FC company

[holism] 17/1/2016 17:29

RNS to say oversubscribed perhaps early next week.

[howling] 15/1/2016 19:10

Got my allocation of 20400.
Very happy and waiting to see if they take any back. (if over subscribed).
Small acorns , very happy and waiting to see an oak tree in the years to come.

lol

[norbus] 15/1/2016 10:23

RTW you will need to pysl; get the nappies ready; you can't wet the seat if you are going to see Obama; I also hear Bloom energy is scared it will get competition

[ride the wave] 15/1/2016 10:04

Numpty , your days are over pal .

Pmsl

[norbus] 15/1/2016 07:56

Obama will no doubt invite Alan Bond to tea in the White House if he pulls it off Maybe he should take RTW with him when he goes?; @23p the discount is 15% as normally expected

[dolores123] 15/1/2016 07:51

and the share price will be as well!!!

[andyr42] 15/1/2016 07:39

Potential is amazing if it all comes off.

[ride the wave] 14/1/2016 20:56

11 more trading days maximum until we here those important words ....

240KW RUNNING AT FULL POWER !!!!!!

[malbro] 14/1/2016 18:02

Solid buying to finish below 23 would suggest an oversubscription .
Howlong to double ?