Opg Power Ventures Share Discussion Threads

[dave4545] 10/10/2022 19:03

So a 1 million worked sell shows up which was totally expected.

What is not so easy to guess is who is supplying the stock. Odds on to be somebody below 3%, I'm hoping it's not M&G but they will have dropped through a threshold having sold 1.35 mil so far. If no holding RNS in the next few days it will be safe to say it's a sub 3% holder who will run out soon

There is only 3 major holders

Directors & Related 52.1%
M & G Investment Management Ltd 11.9%
British Steel pension Scheme 3.3%

[dave4545] 10/10/2022 14:47

Isle of Wight I would have been there but Isle of Man too far away.

Getting there slow grind but with no seller around then the moves will be much greater on far less buying so worth waiting for

[jailbird] 10/10/2022 14:46

Sorry pal Cannot make it as working

[bubbabubbabubba] 10/10/2022 12:02

Anyone wanna come agm with me?

[dave4545] 10/10/2022 11:56

Make that 1.5 million of buys.

As Wins are alone on 7.2p offer and clearly have the seller most of the chunky buys are going through Aqse where they also operate. 764k of buys there too.

[dave4545] 10/10/2022 09:32

660k of buys so far.

That would normally take weeks to get that many. Once this overhang goes which it looks like it might we should get a nice run, there's other stocks out there flying that have similar market caps that are making a fraction of the profits OPG are.

[the original goldbug] 10/10/2022 08:51

They have to go through due process.

It’s the best news in a long term.

[dave4545] 10/10/2022 08:26

Now would have been a good chance to buyback, there is clearly a overhang in this one atm.

5 x 50k buys and still you can buy just over mid price

Spread is excellent atm 7-7.038p best

[the original goldbug] 10/10/2022 08:17

They will probably make an offer at 10-12p.

The arbs should drive the price up accordingly.

[dave4545] 10/10/2022 07:42

The problem is and it's a good problem is they will not be able to buy anywhere near that amount without the price soaring.

To buy that many means paying upwards towards 30p

[jailbird] 10/10/2022 06:03

So probably £5m-£6m

[jailbird] 10/10/2022 06:01

Dave We are talking about Upto 60 million shares in buybacks For easy calculation Average price of 10p = £6m

[dave4545] 09/10/2022 21:48

Buybacks are great news.

Why worry about £4-5 mil buybacks

All they need is £1 mil. £1 mil would buy you right now about 14 million shares. Cannot see the price stuck at 7p if they started buying 100k blocks.

[jailbird] 09/10/2022 14:30

From my reading , share buyback is good news as long as revenues and EPS is still increasing the following reporting halves and not just attributed to the share buybacks

[jailbird] 09/10/2022 14:28

TOGcan explain that in layman terms for me please

[the original goldbug] 09/10/2022 10:44

Buying 15% of their equity on normalised earnings of just 1.5x a a master stroke.

[bubbabubbabubba] 09/10/2022 02:47

Tbf 4 to 5 million might be OK as long as coal prices decrease

[bubbabubbabubba] 09/10/2022 00:21

Not sure its good news cos how they gunna afford renewable projects?

[the original goldbug] 08/10/2022 18:28

Finally!!!!

[jailbird] 08/10/2022 18:04

Share buyback that is

[jailbird] 08/10/2022 18:01

That's good news isn't it ?

[bubbabubbabubba] 08/10/2022 10:27

You can vote in agm now They want to purchase 15% of shares I disagreed with one of the director appointments cos he keeps retiring and coming back

[dave4545] 07/10/2022 13:21

140k and 80k buys on AQSE at 6.97p

160k in small pi sales, price down again

[dave4545] 07/10/2022 13:19

I disagree again this is heavily manipulated.

All over my monitor mm's push stocks on the first or second buy, here nothing happens.

On a positive front there is a buyer or two buying size on the dips to 7p offer a few days running but clearly pi's from a week ago are moving on because the price is not moving up.

It will come good

[bubbabubbabubba] 07/10/2022 12:16

I disagree nothing to do with manipulation rather the industry their in and never clear guidence on profits and revenueWe need to shift to renewables to see the shareprice blossom