I3 Energy Share Discussion Threads

[euclid5] 25/5/2018 09:07

Don't forget by Aug 2018, if JCAM convert there will be another 2.77m shares off loading - hopefully they would of announced their funding & we should be higher by then

[caters] 25/5/2018 09:01

Fair play ... I'm just jealous cos I didn't sell any on Wednesday to buy back cheaper now :-(

I used to trade in and out quite a lot, but I ended up getting shaken out of Ithaca just before its big move up.

I realised then that, by trading, I was making pennies but losing out on pounds if I just bought & held for the big news.

The big news for Ithaca was the take out by Delek. I really believe that I3E has a similar endpoint.

[coscos] 25/5/2018 08:59

Intra day bid of 125p reached after RNS, so at 100p these are now good value for both investors and traders.

[caters] 25/5/2018 08:32

A2584728

Tut Tut, that's not very becoming of you.

[fardels bear] 25/5/2018 08:26

You'd have to conclude that there's plenty of pent up demand for these. Didn't get time to add in that drop.

[showme01] 25/5/2018 08:25

A25....maybe not :-)

[begorrah88] 25/5/2018 08:20

They are, unfortunately, a necessary evil.

They served a purpose and are now reaping their reward. It is an inconvenience for us but only a temporary one and the company will be much cleaner when they are gone.

[momentum1] 25/5/2018 08:11

Market doesn't like the fact that the notes have been exercised with a million more to come. Needs to hold 85p and build again slowly

[a2584728] 25/5/2018 08:09

Mmmm looks like I could get back in sub 90!!!

[scotty666] 25/5/2018 07:59

Agree they were always there- that last tranch was fwd sold in the past weeks in my view. Either way adds liquidity and just a splinter in the grand scheme of things.

[showme01] 25/5/2018 07:48

I agree. JCAM supported i3e when they needed it so it only right and fair that they get their rewards for doing so. They will soon be out of the way with the recent good volumes. The day the funding gets announced will wipe them out in one go if they want to convert them all and then it is up, up we go with no resistance due to JCAM selling.
We knew this was coming. We have a share price at over £1 and they have converted most of the loan notes to date so it has played out well for us share holders.

[caters] 25/5/2018 07:41

But there's no point doing a raise for $1,000,000 now (to pay off JCAM) as it's too small to fret about whilst I3E are frying other larger fish.

[coscos] 25/5/2018 07:36

Just part of the process in building a successful company. Roll on funding news, I reckon within 20 trading days.

[ducati2345] 25/5/2018 07:31

Funding will be 1st June. So they can sell them into higher priced market

[caters] 25/5/2018 07:31

I wonder if the final $1,000,000 they still have will be paid off in the funding deal?I'd sooner I3E did a small raise (placing) at say 80p or 90p now to pay off JCAM. Fewer shares would be issued and I3E would end up with the cash rather than JCAM making mega moolah.But it probably doesn't work like that if you want funders in the future.

[muffster] 25/5/2018 07:26

Look a converting loan means a successful funding round. More shares Yes, but funding secured... Pleased with news

[caters] 25/5/2018 07:25

This had been expected. It's very likely they were forward selling into strength.It makes the price chart a bit smoother which, if nothing else, is helpful.

[showme01] 25/5/2018 07:21

Begorrah, I think that very likely. I'm pleased to get these out of the way so this is good news imo. Volume is a lot higher and if think their is a reasonable chance of funding news next week or so. This is coming together very well.

[ducati2345] 25/5/2018 07:15

Well it's only 2.5 percent of shares in total but higher percentage in shares available. Good news is it's less debt, and in my opinion clear sign funding agreement is close, e.g clear the decks etc.

[jon1962] 25/5/2018 07:08

So shouldn't affect the share price?

[5chipper] 25/5/2018 07:07

Issued at c 40p by my calculations...

[begorrah88] 25/5/2018 07:03

JCM converting another $500000 so I'd expect they've been forward selling