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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Infinity Eng. | INFT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.14 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.14 | 0.14 |
| Top Posts |
|---|
Posted at 20/3/2019 23:19 by drrichard Courtesy LSE post on GBR threadMon 14:13Infinity Energy S.A.("Infinity" or the "Company")Update. A circular will be dispatched to all shareholders this week relating to an Extraordinary General Meeting (EGM) of the Company which will take place on 25 April 2019 during which two resolutions will require voting upon. Computershare Investor Services PLC (the Company’s Registrar) has set up an online CREST voting system which will be accessible from both desktops and mobiles. The voting system will go live this week. The deadline for Depositary Interest holders’ votes and entitlements is 08:30am (BST) on the 18 April 2019. The deadline for shareholders’ votes and entitlements is 08:30am (BST) on the 23 April 2019. Instruments of proxy must be received by 08:30am (BST) on 23 April 2019. The EGM will be held on 25 April 2019 to ensure that shareholders and Depositary Interest holders have sufficient time to cast their votes. The turn out for voting in the past has been poor with very few shareholders and Depositary Interest holders casting their vote. This is an important EGM and the Company encourages you to use your vote. |
Posted at 18/3/2019 14:34 by beginner3 Infinity Energy S.A.("Infinity" or the "Company")Update. A circular will be dispatched to all shareholders this week relating to an Extraordinary General Meeting (EGM) of the Company which will take place on 25 April 2019 during which two resolutions will require voting upon. Computershare Investor Services PLC (the Company’s Registrar) has set up an online CREST voting system which will be accessible from both desktops and mobiles. The voting system will go live this week. The deadline for Depositary Interest holders’ votes and entitlements is 08:30am (BST) on the 18 April 2019. The deadline for shareholders’ votes and entitlements is 08:30am (BST) on the 23 April 2019. Instruments of proxy must be received by 08:30am (BST) on 23 April 2019. The EGM will be held on 25 April 2019 to ensure that shareholders and Depositary Interest holders have sufficient time to cast their votes. The turn out for voting in the past has been poor with very few shareholders and Depositary Interest holders casting their vote. This is an important EGM and the Company encourages you to use your vote. |
Posted at 03/10/2017 09:02 by mally6 Ok likely suspension will happen before any rto which could mean money locked away for months so investors exitting |
Posted at 07/7/2017 16:19 by hedgehog 100 phil1969 21 May '17 - 13:18 - 196 of 205 0 0" ... Now that puts some perspective and numbers on a real valuation of INFT if similar was to happen here and with GW holding 26% of INfT it's in his best interests to ensure existing share holders get a fair slice. So let's be pessimistic and assume GWs assets are only worth 20% of Third Energy's. You're still staring at a £100m valuation with £50m being held by existing investors and £50m going to the new investors. That's still 20 times current share price for existing holders. ..." Phil, What you're supposing is that INFT would acquire a RTO (reverse takeover) target which is worth about £50M., with £50M. raised in cash to accompany it. INFT would pay for that fully or largely by issuing its own shares in exchange. In a RTO the acquiring shell will at least double the number of its shares in issue to pay for the acquisition, but it can be multiples of that. In some cases the former shell is left with just a few per cent of the enlarged equity. And if GW and his family hold 100% of the takeover target, his primary interest will be in maximising the share of the enlarged equity held by that target after the acquisition, as opposed to the shell in which he holds just 26%. The RTO price may well be higher than the current share price of 0.0875p, but nothing like the price you suggest. GW may though try not to price it at less than the 0.13p paid by investors in the last placing. Timings with RTOs can be hard to predict, but the RTO here has been mooted for years, and things have always moved at a snail's pace. That being the case, I'd be surprised if that changes now. |
Posted at 22/5/2017 08:19 by phil1969 apps 940 postsIWe all have to be realistic but a £2.5m Mcap was very unrealistic. When you look at recent valuations on other firms with no assets, just aspirations ie echo at £50m, it just seems ludicrous for INFT to languish at £2.5m for long. Something had to help with sentiment and rerate to a realistic Mcap given its prospects, the conservative manifesto pledging support for UK fracking and Lazards valuation for Yorkshire gas exploration at £500m has hopefully opened some investors eyes. |
Posted at 21/5/2017 13:18 by phil1969 By my calculations and estimates of gas in place which has been widely reported on GWs assets. There is no reason if GW bundled his assets into one stock market reverse i.e. INFT, this could easily command a similar valuation to Third Energy's float. If they are to raise £250m in a £500m float. Existing shareholders and owners of these permits are set for their own personal windfall of over £200m with new investors taking the additional £250m raised. Now that puts some perspective and numbers on a real valuation of INFT if similar was to happen here and with GW holding 26% of INfT it's in his best interests to ensure existing share holders get a fair slice. So let's be pessimistic and assume GWs assets are only worth 20% of Third Energy's. You're still staring at a £100m valuation with £50m being held by existing investors and £50m going to the new investors. That's still 20 times current share price for existing holders. Looking at the gas estimated to be in place and the number of approved permits GW is sitting on, Lazards valuation and Theresa Mays pledge to spark a British fracking revolution could easily put a £250m valuation on GWs gas in wales. A more positive example but giving a greater share to new investors. £250m valuation, £150m raised to new investors. Still leaves £100m for existing shareholders. GW gets a £26m windfall and INFT shareholders sees 40 bagger from here. Happy days. I'm already balls deep but I'm going to be loading up if share price doesn't go stupid tomorrow!! |
Posted at 23/4/2017 15:09 by noirua 10/4/2017 - Gerwyn Williams, Chief Executive Officer of Infinity, said:"I am very pleased with the continuing and growing confidence in the Company being shown by investors. We are now a well capitalised Company and as such we are now pressing forward with our strategic goals. I look forward to updating shareholders on the implementation of this strategy in the short-term." |
Posted at 20/4/2017 15:30 by tidy 2 50 trillion cu ft of shale gas!!Share investors chat, June 2013 Gerwyn Williams: We have already drilled six exploration wells in south Wales, and we have drilled one production well. From those wells, we have had a lot of information on the rocks in south Wales. There are various layers in the coalfield. There are coal layers, and, briefly, below those there are sets of numurian shales and potential for conventional gas in the Devonian measures, and then below that, there is more shale potential in the Silurian shales. We sent the results to two consultants; one in Dallas in the US, to look at shale, called RPS, and information on coalbed methane to RISC in Perth, Australia. From these initial wells, they came up with the potential resource of nearly 50 trillion cu ft of shale gas in one part of one set of the shales- Q105 Chair: Did you say 50 trillion cu ft of shale gas in one set of shale in one part of Wales? Gerwyn Williams: Yes. Chair: We use about 3 trillion cu ft a year in the whole of the UK. Gerwyn Williams: Yes. We worked on 3.5 trillion cu ft, and they estimated that 18.7 trillion cu ft is recoverable. That is just the start of it all. Q106Chair: That is just one small part of one set of the shales. Gerwyn Williams: Yes. That is just one part of one set of the shales. At the moment, we are focusing on exploration. We cannot really answer your question until we do the exploration work. We have another set of wells to drill; one in Swansea, one in Port Talbot, four in the Vale of Glamorgan and one near Llantrisant. They will give us a much better picture. The Vale wells will give us a better picture of the potential for conventional gas in the Devonian measures. The Llantrisant well will give us a better picture of numerian shales and the eastern wells will give us a better picture of Silurian potential, which has not been drilled. So, I suppose that the answer to your question is that there is an enormous amount of gas in south Wales. I have spent my life in the mining industry. I worked for 22 years for British Coal and then in private mines; they have all gone, but the energy source is still there, and in my view, we should be exploiting it...Research |
Posted at 27/3/2017 16:18 by tidy 2 Commenting on the subscription, Gerwyn Williams, Chairman of Infinity, said:"I am very pleased in the continuing and growing confidence being shown by investors in the Company. This further demonstration of support for Infinity from the investment community provides the opportunity to increase the free float of the Company and provide the necessary funding to enable us to press forward with our strategic goals. The Board believes that these further funds are expected to be sufficient to provide the Company with the funding required to undertake any required pre-completion work to execute this strategy. Shareholders should rest assured that the Company is committed to delivering news regarding the implementation of this strategy in the short-term |
Posted at 21/3/2017 11:47 by alexios1201 Mally,Re:Funding,You may find that share price last Wed was ~0.08p Mid and placing was at 0.09pDiscount?This is actually ~20% Premium to the Bid share price on last Wednesday, which was 0.075pSomeone got the wind about some things happening here and share price responded.Infinity was always moving very fast due to the sticky holders.Ain't seen nothing yet.Wait few weeks and you judge thenFor the time being please refrain from casting the doubts here.Nobody is interested in your suspicionsWe are long investors hereThank youAlex |
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