||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Infrastrata Share Discussion Threads
Showing 726 to 748 of 750 messages
|Absolutely nothing new
A vacuous cavern made from pillars of Salt no less !!!
Might have to take a highly speculative punt on the unlikely prospect that funding is secured and the FEED is able to proceed unabated.... but.... ?|
|Trickling along in the right direction, just about
|L&G and AXA increase their holdings significantly?|
|Think the overhang cleared today.
There has been nothing offered online at 0.52p for ages now that price is just for show.|
|Some increased interest from IIs this past 24 hours, is there progress being made and good News on the horizon ?|
|The news is in, a Placing @ 0.5p, intended to pay off the latest Baron Loan and sustain the Business a while longer whilst initial FEED development work progresses.
Still issuing warning signs that there may not be sufficient appetite for the Project funding to be secured or for real development work to proceed fully & properly... but also a hint of a potential 'buy-out' later this year ???
I think I'm going to take a chance on some more at below 0.5p sometime this next month
### UPDATE ###
The Placing Shares will represent, in aggregate, approximately 46 per cent. of the Company's issued ordinary share capital as enlarged by the issue of the Placing Shares !!!!|
|Once the funding is sorted even at discount the EIS backer will want to stay in for 3 years before selling so whilst technically dilutive it's also sticky so net net win win for holders.|
|Excellent, that definitely deals with my concern regarding the impact of a x2 16% share being taken up by both Baron and another, with quite a lot of dilution possible as a result. Interesting times ahead.
I think I will sit tight for another month at least and see what unfolds as March month-end approaches, which is when Baron will have to start making a move if it does intend to invest again.|
|Evening, I attended the recent agm where the company gave a presentation which is now on the website and well worth reviewing for those that haven't done so yet. As I understand it The initial plan for funding the £3m required to move ahead with the FEED will be by way of approach to VCT/EIS funds, probably hence the recent rns on this subject.
The benefit of these funds to existing investors is the requirement to maintain the investment for 3 years in order to secure the tax advantages rather than going down the normal placing route which in the context of the current MC would potentially mean mass dilution into non sticky hands.
If they manage to secure the funds in the manner desired then there could be significant upside as life is breathed into the NPV amounts mentioned within the presentation. Let's see.|
|Been taking another close look at this today.
Looks like Baron Oil have positioned themselves to be able to throw in £1.65m by the end of March IF the Business manages to secure the balance of the requisite £6m for the initial development Project.
I think the balance is also about £1.65m.
Baron's £1.65m will come at a cost of an approx. 16% share of the Business.
I'm assuming the balance from another source would also attract a 16% share(?).
With the Business (as-is) valued at approx. £1.65m, I think this means the additional Finance could add at least an additional 330,000,000 shares to the existing 188m.
This could mean the share price reaching about 1.15p at best, with £6m available for the Project.
Was thinking about buying some more BUT am now thinking this might actually continue to tread water for another 6 months at least whilst that initial FEED development Project unfolds, assuming the aforementioned Finance is secured.
Anybody think the Market might react any more positively in the near-term, based on good News if the above Finance is secured on Terms similar to what I've outlined above ?|
|Great podcast from Dan, project of EU common interest and EIS investors will effectively be locked in for 3 years so whilst there will be dilution their shares won't be tradeable if they want the tax benefits. Bargain. 2.5/3p initial target.|
Impossible to value the share price until we know the terms of the fund raising.
The 10P valuation was based on a further 80 million shares being issued.|
|Looking at the chats and depressed share price when news lands this is going to fly. I had a 2.5p target but with 10p broker target have revised this higher.|
|@mynamesnottimmy?http://orchardenergy.co.uk/market-news/2016/11/1/rough-storage-and-its-impact-on-winter-gas-supply-and-prices?Just found this guy on twitter - wealth of research there in their posting history.|
|I agree clockworkorange.|
|New support at about .90 now ahead of news which I anticipate over the next few weeks to come. Great entry anywhere here for a good run at 100% on news easy IMO.|
|Not sure pottermagic. I think it will hover around 1p.|
|I see this plummeting back down fairly soon, following this latest hype.
I'm definitely getting some more then and will sit back and await the next great news and for a few more pieces of the puzzle to begin to fall into place.
I'm more positive now that with the new Belfast Plant being planned and Rough going into decline, this has better legs than it's had for a while.|
|Broker note 10p!2-3p short term!|
|There's a planned power station being commissioned in Belfast that runs on gas, INFA gas storage sits on the main hub between mainland UK and Northern Ireland, plus the North Sea rough has storage is closed and unlikely to be brought back into use anytime soon. EIS investors will snap this up due to the amazing tax benefits. Broker note 10p I would say fair value CURRENTLY 2.5/3p. Bargain.|
|Gas storage company InfraStrata swung into the black in the year to the end of July posting a profit of £66,955 against a loss of £6,106,070 last time.|