Dg Innovate Share Discussion Threads

[oilboy] 20/4/2022 07:35

You are correct Czar and the 0.5p warrant issue will trigger similar sales once the 0.5p level is breached.

[czar] 19/4/2022 15:23

Because the 0.25p options were compulsory exercised so many just dump for a small turn. Big vol today, smart money coming in at a very cheap level IMHO.

[pugugly] 19/4/2022 15:07

Given the time it has been in private hands and the amount of shareholders funds and grant cash it has burnt throught the REAL question is

Why are previous existing shareholders selling out in multi-millions of shares every day if it has such supposedly great prospects?

[the chairman elect] 19/4/2022 14:30

Absolutely!

[joeblogg2] 19/4/2022 14:27

Do think some order is not far away if anyone watched the presentation some days ago!!!

[tomboyb] 19/4/2022 14:21

interesting prospect -

[aldington] 19/4/2022 14:21

I AGREE.IF THERE IS COMMERCIAL TRACTION SHOWN THIS COULD EASY BE WORTH,QUITE QUICKLY, MORE THAN SAIETTA AT £150m.

[czar] 19/4/2022 13:58

A market cap of £27m is option money for a Company with world-leading technology on electric drives and sodium ion batteries. This little minnow could be a 50-bagger IMHO and they are a very rare animal.

[fatfish] 14/4/2022 07:29

Much earlier, I agree.

[krowelet] 14/4/2022 07:28

Check them out on google, very impressive, no wonder they would wish to keep a controlling interest of the companies technology.

[pugugly] 14/4/2022 06:54

Looks like the company is virtually bid proof - Deregallera Trust holds 34.2% of the shares. Holding 8,842,715,107 shares.
This (imo) should have been disclosed earlier.
https://www.investegate.co.uk/dg-innovate-plc--dgi-/rns/holding-s--in-company/202204140700063433I/

[fatfish] 13/4/2022 15:58

Curry

Don't blame you

[fatfish] 13/4/2022 15:55

Company's Chief Executive Officer, Christopher Theis, and Finance Director, Jack Allardyce, as part of a discretionary long-term incentive plan ("LTIP Options").

LTIP Options over 234,157,503 Ordinary Shares in the Company have been granted to Christopher Theis and Jack Allardyce with an exercise price of 0.1 pence. As set out in the Prospectus, the LTIP Options are subject to performance conditions, will vest over a three-year period and will expire after 10 years.

shouldn't the exercise price be 5p
at least that would be more of an incentive to get it above that price.

Or am i looking at it with dark glasses on

[pugugly] 13/4/2022 13:22

So if they can get the price of the shares up to 1p they could share a pot of £2,467,418 (after paying .001p to teh company) once 3 years have elapsed. Interesting - Makes the Align target of 1.192p look a bit on the high side. However CEO & Finance director - but no mention of the man I would have thought was the Key Person in the company Martin Boughtwood - Chief Technical Officer.

(I take it that Align have followed the standard practice of a 1 year target. Can anyone confirm?)

[currypasty] 13/4/2022 13:04

LTIP Options over 234,157,503 Ordinary Shares in the Company have been granted to Christopher Theis and Jack Allardyce with an exercise price of 0.1 pence

[pugugly] 13/4/2022 11:10

And further down - Now according to ADVFN market cap £27m and on float Align said MC was £44.2m so now down some 39% - Makes the Deliveroo fall of 30% odd look positively good

How much further could this fall? While in private ownership has been a consistent cash burner and very dependent on grants –

Pity those original shareholders who thought the shares they took in exchange for selling the company were worth 0.6p - OK they may be selling for what they can get and we have no quick idea what was the level of their original investment - Could however probably be found out through a companies house search.

However, some - based on the volume of sales - maybe selling, or else where could the volume be coming from?

Thoughts??



"

[fatfish] 13/4/2022 10:27

And still going down

[czar] 11/4/2022 07:16

If this had ipo'd in the US it would be valued in billions. I reckon its a great punt at this level.

[tagsumo] 08/4/2022 14:22

fatfish8 Apr '22 - 14:19 - 23 of 24

There is probably less chance of me getting my average price of 24p then.
May as well put my share certificate in the shredder.

WELL DONE CHRIS

Yep ditto fatfish
I am sure we will get a ‘big oil and gas’ type hype in the EBT or EDT equivalent world at some stage 😂.

[pugugly] 08/4/2022 13:34

pre - Ah - Posssibly I misinterpreted re warrants - On reading your note slloks as though they were exercised and being now sold. Thanks.

[fatfish] 08/4/2022 13:19

CURRYPASTY8 Apr '22 - 08:59 - 11 of 21
0 0 0
any chance of getting my 5p back?


no, thought not


There is probably less chance of me getting my average price of 24p then.
May as well put my share certificate in the shredder.

WELL DONE CHRIS

[pre] 08/4/2022 13:17

Pugugly - i just got this from the rns extract below - are they churning these?

...The Company has raised GBP2,550,000 through the issue of 510,000,000 Subscription Shares at 0.5p per Ordinary Share. Further, the Company has, following the irrevocable exercise of 830,800,000 Warrants (0.25p) conditional on Admission, raised an additional GBP2,077,000.