Molecular Energies Share Price. MEN - Stock Quote, Charts, Trade History, Share Chat, Financials. Molecular Energies Plc

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Molecular Energies Plc (MEN)
Molecular Energies Plc (MEN) Share Price

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Molecular Energies Plc	LSE:MEN	London	Ordinary Share	GB00BMT80K89	ORD 1P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	0.00	0.0%	122.50	0.00	01:00:00

Bid Price		Offer Price	High Price	Low Price	Open Price
120.00		125.00

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil And Gas Field Expl Svcs	34.15	4.58	0.20	2.78	12.70

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
-	O	0	122.50	GBX

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Bp (BP.), Harbour Energy (HBR), Curzon Energy (CZN), Echo Energy (ECHO)

Molecular Energies (MEN) Latest News

Molecular Energies News

Date	Time	Source	Headline
11/5/2023	14:28	ALNC	IN BRIEF: Molecular Energies notes delay at Paraguay due to repairs
11/5/2023	07:00	UKREG	Molecular Energies PLC Paraguay Drilling Update
27/4/2023	17:35	ALNC	TRADING UPDATES: Yourgene Health sees revenue above market forecasts
27/4/2023	07:00	UKREG	Molecular Energies PLC Business Update
06/4/2023	16:00	UKREG	Molecular Energies PLC Result of General Meeting
20/3/2023	07:00	UKREG	Molecular Energies PLC Proposed Amendments to IYA Loan and Notice of GM
13/3/2023	21:02	ALNC	TRADING UPDATES: DX opens new depots; Tern hails new order for Wyld
13/3/2023	07:00	UKREG	Molecular Energies PLC Corporate and Operational Update
10/2/2023	16:40	UKREG	Molecular Energies PLC Second Price Monitoring Extn
10/2/2023	16:35	UKREG	Molecular Energies PLC Price Monitoring Extension

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Molecular Energies Investors Molecular Energies Takeover Rumours

Molecular Energies (MEN) Discussions and Chat

Molecular Energies Forums and Chat

Date	Time	Title	Posts
27/5/2023	13:06	MOLECULAR ENERGIES - Lithium Extraction, Alternative Energy, Gas & Oil.	44
26/5/2023	12:43	Molecular Energies PLC - fossil fuels and green energies	1,091
22/5/2023	10:13	Mentum, A new start - Oil and Gas properties pursued........	2,968
06/10/2022	17:52	MEN the new PPC. don't get foolled	4
16/7/2014	12:15	MEN 2013	648

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Molecular Energies (MEN) Top Chat Posts

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Posted at 22/5/2023 10:06 by barony Why doesn’t Men share price rise in line with Atome? Read Full Thread Follow Reply
Posted at 17/5/2023 22:25 by piperpeter Are there any brokers valuations published on MEN? Because...if MEN's share of ATOM is worth GBP17.4 million, wouldn't that extrapolate to about £1.67 per MEN share? £1.915 x 36,020,553 / 100 x 25.2 / 10,365,373 = £1.67 (Broker's ATOM price x ATOM Issued shares x 25.2% / MEN's Issued shares = £1.67 per share) And this valuation would exclude anything else in MEN's portfolio. Pp. Read Full Thread Follow Reply
Posted at 09/5/2023 16:12 by piperpeter 7th September 2022. Eight months ago the directors took the decision to consolidate the shares for various reasons, one being to help make the Company shares more attractive to investors. The share price at that time was 1.275 pence per share; it was even quoted in the RNS. Post consolidation, 1 for 200, that is equivalent to £2.55 per share. The current share price has to go up by over 100% to even equate to the point in the Company's history where the share price was already pathetically low. I simply do not understand how the market cap, the Company valuation, sits where it is! GBP 12.7 million. Pp. Read Full Thread Follow Reply
Posted at 09/5/2023 12:13 by piperpeter Call me a pedant, AiE, but wouldn't your above quoted Financial Times one year share price forecast actually represent a 6.65 bagger in relation to the current MEN share price? Pp. Read Full Thread Follow Reply
Posted at 30/3/2023 14:05 by chris cat thanks LR2, PP - If I am wrong then so be it but this is how I read it. 1. The Taiwanese have given us $4m towards the drill costs, This money sits in Escrow and can only be used for Paraguay. 2. MEN has to pay a portion of drilling costs over and above that sum. I do not know how much MEN will need to pay. 3. If it goes over $4m MEN will need to pay. 4. Excluding the $4m that is in Escrow, where will MEN get money to pay for Paraguay its/our share of the costs, as we know, we cannot repatriate money from Argentina to pay for it. I hope I have spelled it out a bit clearer. This is how I read the situation, I only gain by MEN share price going up. After 14 or so years sitting here and "averaging down" I would love to exit with something approaching my initial investments. Sadly I cannot get back the time and energy this share has cost me. Read Full Thread Follow Reply
Posted at 27/3/2023 22:18 by piperpeter 07 September 2022. "At the date of this letter there are 2,058,074,484 Existing Ordinary Shares of 1 pence each in the capital of the Company in issue. The middle market share price of each Ordinary Share as at close on the date of this letter was 1.275 pence, giving a market capitalization of GBP 26.24 million". "The directors consider that the number of Existing Ordinary Shares is not only unwieldy in volume for a company of President Energy's market capitalization, but when combined with the prevailing shares price, is not conducive to an orderly market. The Directors believe that both these factors may have the potential to cause a destabilising effect on the share price due to certain small trading having a disproportionate effect on share prices". " The Consolidation may also help to make the Company's shares more attractive to investors and may result in a narrowing of the bid/offer spread, thereby improving liquidity". I would assume the Directors of the Company would also consider themselves a right bunch of charlies, whilst at the same time considering their obvious inadequacies. Pp. Read Full Thread Follow Reply
Posted at 20/3/2023 07:03 by all in eol Amendments to the IYA Loan It is proposed that the material amendments are: i. The IYA Loan (including interest) is fixed as at the GM Date ("the Fixed Loan") with no further monies available to be drawn and no further commitment fee on undrawn balances thereafter applicable ii. The interest rate on the Fixed Loan be reduced to zero percent (0%) per year from the GM Date iii. The IYA Loan maturity by which such monies are mandatorily required to be paid be extended by one year to 31 December 2025 iv. a. IYA is granted a first legal charge against all the shares owned by the Company from time to time in ATOME Energy PLC ("ATOME") to secure the Fixed Loan b. an extension fee ("the Fee") of US$1.5 million be paid to IYA spread over the length of time of the Fixed Loan to maturity to be paid by equal monthly instalments unless otherwise agreed. As such the Fee is unsecured as it is not part of the IYA Loan c. IYA will be granted the rights at any time up to 31 December 2025 to call upon MEN to transfer to it or as it may direct 2,038,038 ordinary shares in ATOME ("ATOME Shares") equivalent to the value of GBP2.16 million at value of 106.2 pence per ATOME share in satisfaction and by way of extinguishment of US$2.6 million of the Fixed Loan still then outstanding, calculated using an exchange rate of US$1.20 to the pound Read Full Thread Follow Reply
Posted at 03/2/2023 07:04 by all in eol https://uk.advfn.com/stock-market/london/molecular-energies-MEN/share-news/Molecular-Energies-PLC-Paraguay-Rig-Update/90134646 RNS Number : 8063O Molecular Energies PLC 03 February 2023 3 February 2023 Molecular Energies PLC ("MEN" or the "Company") Paraguay Rig Update Molecular Energies PLC (AIM: MEN), the international energy company provides an update on the drilling rig for its Paraguay operations. Further to the announcement of 9 January 2023 the relevant drilling rig has been successfully procured and the drilling contract with President Energy Paraguay S.A now signed. As flagged previously the rig will now undergo necessary repairs and checks due to the rig having being cold stacked for a prolonged period. The agreements for ancillary drilling services are now being signed with the objective of commencing drilling as soon as possible. Due to the significant delays completely outside of MEN's control the estimated time for commencement of drilling is in May. We restate that such delays were directly due to the complex financial insolvency of the previous owners of the rig which necessitated dealing with multiple parties. The drilling time projected to reach target depth is estimated to be 40 days from the time of commencement Read Full Thread Follow Reply
Posted at 05/1/2023 07:01 by all in eol https://uk.advfn.com/stock-market/AQSE/molecular-energies-MEN.GB/share-news/Molecular-Energies-PLC-Duel-Fuel-Joint-Venture/89912229 Dual Fuel Joint Venture with G-volution Molecular Energies PLC (AIM: MEN), the international energy company announces the formation of Dual Fuel Limited a new joint venture for its Green House Capital division. Highlights -- Dual Fuel Limited ("DFL") has been incorporated to provide an engineering to implementation solution for the conversion of commercial diesel engines to run on a diesel and hydrogen mix -- DFL is a joint venture between the Green House Capital division of MEN and G-volution, an leading UK dual fuel technology business -- DFL's objective is to provide engineering solutions using G-volution's contribution to the JV of its proprietary technology to quickly and cost effectively convert existing commercial road and off-road vehicles as well as barge transport to run on a mix of diesel and green hydrogen -- DFL aims to have its first prototype converted dual fuel vehicles running in the field by end 2023 -- The initial lead market will be Paraguay due to the favourable strategic and commercial environment and importantly the availability of green hydrogen fuel for mobility from ATOME Energy PLC, a company in which MEN is one of the largest shareholders -- The objective, after proof of concept, is to roll out conversion solutions to end users within the Mercosur trading bloc and worldwide married to availability of hydrogen from third party producers -- DFL intends to provide a solution to commercial users who recognise the need to demonstrate their commitment to reduce emissions without having to replace existing vehicle fleets or barges thereby obviating the time-consuming requirement to expend significant monies for new commercial hydrogen fuel cell ("FCEVs") or battery electric vehicles ("BEVs") with hydrogen range extenders Peter Levine, Chairman, commented: " Hydrogen for heavy commercial transport is an essential component in the decarbonisation of heavy transport where current electric vehicles are not appropriate for heavy loads and distances. The cost of electricity can be high and charging points are at a premium for long distance travel outside of urban and built-up environments. Moreover, the roll-out of hydrogen for heavy commercial transport users is being impacted not only due to the availability of green hydrogen but also by the high cost of either hydrogen direct powered vehicles or hybrid electro-hydrogen alternatives. "Dual Fuel aims to provide a quick and cost-effective solution to users across the spectrum who want to make a meaningful contribution to reduction of emissions now whilst at the same time keeping their existing vehicles on the road with the flexibility that dual fuel use will provide. "In parallel, in the event that Dual Fuel successfully achieves its objectives, this will prove to be positive and complementary to ATOME Energy in its mission of expanding the market and offering for its mobility division." Read Full Thread Follow Reply
Posted at 01/12/2022 20:51 by all in eol https://uk.advfn.com/stock-market/london/molecular-energies-MEN/share-news/President-Energy-PLC-Green-House-Capital-and-Argen/88658442 Peter Levine, Chairman, commented: "It is fact that the creation of ATOME Energy by President, its spin out and flotation has been value accretive to President shareholders. However, the value of the retained investment interest of nearly 28% in ATOME has clearly not been reflected in President's share price. Our conclusion is that investors do not ascribe proportionate value to President's core hydrocarbon business, which therefore acts as a negative influence to the value proposition of President as a whole. Green House marks the commencement of the evolution of the AIM listed President Energy and emergence from the past whilst at the same time not neglecting its present core hydrocarbon business "The progression to a Group with separate business divisions having their own motivated management and funding capabilities yet delivering value to the public company shareholders has been successfully demonstrated by the spin off and listing of ATOME Energy PLC. ATOME has created for shareholders in President multiples of the value of money originally invested in its creation and continues to benefit the Group through its near 28% holding "The move of Green House into the strategically important lithium market is a first step. We believe that by the end of this year there will be other prospective projects coming under the Green House division "President will capitalize on this experience and create more such opportunities within the broader alternative energy economy "Nevertheless, for now we must also not neglect the fact that we are also a traditional energy company, currently with increasing turnover and profitable core earnings from hydrocarbons. This will continue to be the case for the foreseeable future, but with this business unit in good operational shape I personally can turn my focus to deal-making where I believe can be of most value "I am energised by moving to have a focused emphasis on the innovation and deal making I thrive upon. I will remain a major shareholder and principal funder of President. A new, motivated Group CEO / Management team at the top of the Group structure will be put in place before this move." Read Full Thread Follow Reply

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