Chariot Share Discussion Threads

[devilsprofessor] 22/3/2024 18:24

Agreed! AND director buy.Money going where mouth is. Time to follow suit and keep topping up I reckon ?

[wolfofwallstreets] 22/3/2024 17:08

You didnt put "Finchy" at the end...how will we know its you??

[hsfinch] 22/3/2024 17:04

In other words he out no new money in.

[wolfofwallstreets] 22/3/2024 17:00

A 105k buy at 9p at close?!
Boom...

Good luck all char investors..

I think our time had come...

Chariot of fire!@

[wolfofwallstreets] 22/3/2024 16:15

Based on the transaction value its most likely a bed and isa transaction...

Far too complicated to explain to someone who thinks the height of financial sophistication is buying shares on hargreaves landsdown..

[hsfinch] 22/3/2024 15:58

According to the link, A Hockey bought 225,000 shares and sold 224,000 shares. What is that all about? Finchy

[sev22] 22/3/2024 15:19

450,000 shares purchased in two separate transactions.

[abbo145] 22/3/2024 11:36

About time we had a few weeks of sustained gains. Roll on steady progress towards true value!!

[aimloser1] 22/3/2024 11:13

What we need is another ii showcasing review to put a rocket under the shares.

[abbo145] 22/3/2024 09:33

Well said wolf

[seball] 21/3/2024 20:33

Plenty of big buys. The below shows the value of Chariot.

US bank Stifel has provided its insight on Chariot Ltd (AIM:CHAR, OTC:OIGLF)'s Transitional Power business, which, it reckons, is worth more than the entire company as it trades at its current share price of 7.46p a share.

Stifel thinks the operation, which has four projects generating 515MW of electricity, is worth $132 million, or 10p a share.

The bank reckons the current roster of assets is worth $32 million (based on a discounted cash flow calculation) and pipeline $100 million.

Chariot also has gas and green hydrogen operations, which the US investment bank values at 29p a share.

Earlier, investors were told the Transitional Power segment is seeking near- to medium-term funding to realise its full potential. The company is exploring debt and equity financing options at the subsidiary level, with potential investment interest from South Africa-focused investors.

While Chariot's Green Hydrogen division will continue as a core part of the group, the strategic review could lead to various outcomes for the Transitional Power business, including a full or partial sale, a demerger, or its retention.

The primary aim is to maximise shareholder value, the company said.

[wolfofwallstreets] 21/3/2024 17:57

Some decent buys at the close as well...one for 90k which shows as a sell but was at the ask price of 9p..

[abbo145] 21/3/2024 16:03

First target, last fund rajise at 14 p. Then steady rise to 18p fund raise. Get on board now or miss the boat

[hsfinch] 21/3/2024 15:38

As previously noted, its a punting vehicle now. News#1 - finalisation of enog deal. Up 1p. Before drifting back. News#2 - onshore drilling result. Up 2p. Down 3p. News#3 - offshore well test. Up 2p. Down 5p. News#4 - cash raise. Down 1p. Sp at year end. 5-7p. DYOR. Finchy

[aimloser1] 21/3/2024 15:10

As WofWS would say “Chariots of Fire”

[wolfofwallstreets] 21/3/2024 10:09

Looks like...maybe..chariot is on the upturn..

[seball] 21/3/2024 09:49

Technically there is very little resistance to 10p. Buy

[hsfinch] 21/3/2024 09:48

Unless its bad news of course. Finchy

[devilsprofessor] 21/3/2024 09:12

Patience is about to pay off

[pedigree_scum] 21/3/2024 08:50

Getting ready for blast off. Lots of newsflow coming our way. Has been a tough year + but hopefully the rewards will be worth it

[master investor] 21/3/2024 08:22

Distressed seller finished here by the looks of it.

[brazilnut1] 21/3/2024 08:21

Wolf you ARE Gekko.

[xxnjr] 21/3/2024 07:17

Energean Results; "Completion of the Morocco farm-in is expected imminently, upon receipt of the remaining approvals from the Moroccan Authorities.

Energean (Operator) and Chariot plan to drill an appraisal well on the Anchois field in Q3 2024."