Powerhouse Energy Share Discussion Threads

[juju44] 06/1/2020 09:04

And it shows

[juju44] 06/1/2020 08:46

This has to be an excellent development

[whatsthepoint] 06/1/2020 08:45

Have you noticed the price it's now 56/57 and climbing

[whatsthepoint] 06/1/2020 08:44

Ken you are really being so boring.

[whatsthepoint] 06/1/2020 08:44

New share issue is in the price Market has already given seal of approval on the outcome going ahead ken you just done they it do you

[whatsthepoint] 06/1/2020 08:43

Bravia seems they are not operating the plant or applying for the development its W2T and Peel You just don't get it do you

[vatnabrekk] 06/1/2020 08:39

Good news this morning, and the market seems to like it. I'm looking forward to the circular to shareholders which will give us full details of the take-over transaction. Planning permission early February, I expect.

[ken chung] 06/1/2020 08:37

whatsthepoint - what about the 'dilution' that will be caused because W2T want PHE to buy them and pay in PHE shares on a 60:40 split?

- 27/12/2019: HoT to purchase W2T in Q1 2020, using PHE shares at a ratio of 60% PHE: 40% W2T. Subject to PHE shareholder approval.

- PHE has 1.961 bn issued shares (15/11/2019) so will have to issue another 1.307 bn shares to buy W2T on the 60:40 basis:

PHE 60% = 1.961 bn shares (15/11/2019)
W2T 40% = 1.307 bn shares to be issued to buy W2T

Total 100% = 3.268 bn shares after completion (+ presumably more later to pay other ongoing costs).

[ken chung] 06/1/2020 08:37

Why couldn't PHE have applied for that grant themselves?

What percentage of future revenues have W2T given away to Cheshire and Warrington LEP in exchange for the grant if it's a public private partnership?

Why didn't PHE employ a few staff within PHE to do everything they have been paying related party private company W2T to do since 2017 at a cost of £20k per month, so preserving a larger proportion of future revenues for PHE and its shareholders?

[ken chung] 06/1/2020 08:36

LOL!!!

deccer1
6 Jan '20 - 07:51 - 11407 of 11417

In the quote at the end Robert Mee refers to the plant costing a hefty "£20 million". That is going to mean an awful lot more dilution for someone and sounds like someone has been economical with the truth about the true costs. Avoid.

[whatsthepoint] 06/1/2020 08:30

A few decent buys coming in now.

[whatsthepoint] 06/1/2020 08:21

When are you going to join the lemmings and mushrooms. It's a Much better place to be than in your world. .

[whatsthepoint] 06/1/2020 08:19

Well you idiot Ken that's already in the price you are scratching at crumbs. This company is going places.

[ken chung] 06/1/2020 08:14

whatsthepoint - what about the 'dilution' that will be caused because W2T want PHE to buy them and pay in PHE shares on a 60:40 split?

- 27/12/2019: HoT to purchase W2T in Q1 2020, using PHE shares at a ratio of 60% PHE: 40% W2T. Subject to PHE shareholder approval.

- PHE has 1.961 bn issued shares (15/11/2019) so will have to issue another 1.307 bn shares to buy W2T on the 60:40 basis:

PHE 60% = 1.961 bn shares (15/11/2019)
W2T 40% = 1.307 bn shares to be issued to buy W2T

Total 100% = 3.268 bn shares after completion (+ presumably more later to pay other ongoing costs).

[whatsthepoint] 06/1/2020 08:04

0.57 paid shorts will be worrying now

[whatsthepoint] 06/1/2020 07:58

Team pen exactly Not morons with an agenda on this and other bulletin boards who for some reason want PHE to fail That can only mean one thing they are short ?

[whatsthepoint] 06/1/2020 07:57

Peel and W2T will arrange finance. Wait and see

[tenapen] 06/1/2020 07:57

Investors with vision

[whatsthepoint] 06/1/2020 07:57

It won't cause any dilution PHE are not finding it stop making things up

[barnes4] 06/1/2020 07:52

Rofl where is the money coming from?

[deccer1] 06/1/2020 07:51

In the quote at the end Robert Mee refers to the plant costing a hefty "£20 million". That is going to mean an awful lot more dilution for someone and sounds like someone has been economical with the truth about the true costs. Avoid.

[whatsthepoint] 06/1/2020 07:36

Sorry Ken that should read chums. I don't know how many chins you have.

[superbarnet] 06/1/2020 07:31

Only a complete idiot would short this stock

[whatsthepoint] 06/1/2020 07:29

You and your chins are going to be in big trouble if you persist on this strategy. This is PhE's year.

[whatsthepoint] 06/1/2020 07:29

Getting worried about your short Ken