I(x) Net Zero Share Discussion Threads

[bagpuss67] 12/8/2024 08:42

I wonder if/when the fund will update its web site...

[bagpuss67] 12/8/2024 08:39

Very quiet at Waste Fuel. I hope all is OK..

[bagpuss67] 01/8/2024 08:08

Good luck all those remaining in. It woukd be good to keep this forum alive to share any info we obtain as we go forward.

[bingobanjo] 30/7/2024 15:34

Last day of AIM dealing tomorrow. I may regret this but I am keeping my holding. Anyone else?

[bagpuss67] 12/7/2024 13:26

Bit of interest before this can't be bought anymore on this market.

[catabrit] 04/7/2024 11:46

yep. Less for me but I do not think 1% is wrong. I mean it is close to a 4x on a normal discount and if the business flies then you could be looking at mega VC like returns. So a very interesting risk reward.

[bagpuss67] 04/7/2024 11:40

Me too. Although maybe 1% of my holdings...

[catabrit] 04/7/2024 11:24

One of the few de-listings that has seen some insider buying. I see that as a positive as no director throws good money after bad. Waste Fuel has a lot of upside but a key competitor went bankrupt recently and the funding market for clean tech is not as good as it was. It is a tiny, almost pointless, bet for me but I like having a small percentage of my net worth tied to things like this. GLA.

[bagpuss67] 03/7/2024 09:02

Intersting price action

[bagpuss67] 29/6/2024 13:09

Not sure whether anyone who is staying in here has read the accounts?

Although there is a massive gain on Wastefuel a few things caught my eye.

There is a going concern qualification which is not good. They seem to use a very small firm of accountants

I also had not fully appreciated just how much the executives and NEDs get paid. One director is on £1.5m in FY23.

Finally, OB has written 2 articles on this but doesnt seem to have mentioned the Lion Point put option which will cost £5m. Looks like the are having to take on a loan to settle it.

[slicethepie] 28/6/2024 10:53

Sad end but inevitable given ii attitude towards anything small and illiquid regardless of valuation. Listing fees and esg requirements are expensive and onerous. Sadly there are no longer any real figureheads supporting the Aim market even groups like QCA are lacking a real voice.

[bagpuss67] 28/6/2024 09:30

I added too as will need to sell the ones I have in the ISA. Will just tuck these in the bottom drawer for a few years...

[catabrit] 28/6/2024 09:02

Yep. You now have to seriously consider de-listing risk for anything sub 25m market cap. I spoke to the CEO and he was hopeful of addressing the discount to NAV via a U.K. road show but he has clearly decided against that. It will be interesting to see whether insiders buy more shares ahead of the de-listing. I have added. I have quite an eclectic mix of delisted shares now!

[dr biotech] 28/6/2024 08:46

Another delisting with management saying it’s in the best interest of shareholders when the share price halves. Clearly the market doesn’t believe the NAV

[catabrit] 31/10/2023 10:29

This is on a monster discount and I am happy to nibble and wait for that to resolve itself.

[babbler] 29/9/2023 09:00

NAV here almost doubled since December At over 1 quid a share. What gives?

[imjustdandy] 16/8/2023 13:13

So under the radar. Easy 50p over the coming months

[sharebuyerzero] 15/8/2023 12:53

Zero news flow

[deadshot is back] 06/7/2023 14:48

Took off :)

easy 1.2k profit in 2 hours.

[deadshot is back] 06/7/2023 14:32

I think 30p will be smashed shortly.

[deadshot is back] 06/7/2023 14:29

Nav about £105m

That's equivalent to 100p?

Is something wrong with mcap listed on advfn. I


bp's $10m investment, leading the Series B investment round, results in a a material uplift in the NAV attributable to the Company's holding in WasteFuel. Following bp's investment, the unaudited NAV of the Company's equity interest in WasteFuel is $131.69m, a 181% uplift from the last reported audited NAV ($46.91m as at 31 December 2022). Furthermore, the Company's Portfolio NAV has increased from $63.84m as at 31 December 2022 to $148.62m*.

[tomboyb] 06/7/2023 09:41

100% -

BP invests -