Powerhouse Energy Share Discussion Threads

[tewkesbury] 06/1/2020 21:02

Nominee accounts not the bank then.

[whatsthepoint] 06/1/2020 20:42

It's on Bloomberg. It is a nominee account so it may be more than one client. But someone via UBS Zurich has been adding substantially since Q3 2019 4% as at 2/12.

[cmackay] 06/1/2020 20:29

Is there a link for the UBS Zurich holding?

[tewkesbury] 06/1/2020 19:18

Are you sure whatsthepoint as there has not been an RNS announcement?

[whatsthepoint] 06/1/2020 16:56

Where is lemming and mushroom man

[whatsthepoint] 06/1/2020 14:37

Ken what do you think of UBS Zurich buying 76 million plus shares

[whatsthepoint] 06/1/2020 14:03

UBS Zurich have accumulated over 4% of PHE shares since Q3 2019 as at 2/12 from Bloomberg average .42 they must be swiss lemmings and Mushrooms that's an interesting change the first major institution to start accumulating shares follow the smart money

[tewkesbury] 06/1/2020 12:40

Moving up.

[whatsthepoint] 06/1/2020 12:34

moving upwards nicely

[allinforabigprofit] 06/1/2020 11:59

Was never 20k cash. PHE, at one time didn't even pay the CEO, a salary. That's how dedicated the entire team is I include W2T, believe most of what they spend is out of own pocket. That's a main reason we all know this technology is going to market.

[whatsthepoint] 06/1/2020 11:44

pHE will have revenue from the engineering work to cover current costs for Protos which will start shortly

[whatsthepoint] 06/1/2020 11:43

how on earth can obtaining a grant which is never an easy or short process be seen as the usual AIM set up for a placing this is the culmination of a great deal of work behind the scenes by the team at waste2tricity give it the credit it deserves neither PHE or W2T have ever been able to secure a grant this is a great moment for this project

[cmackay] 06/1/2020 11:09

I've heard the funding is 'secured' for site development, but what is the state of funding for working capital at PHE? It just looks like the usual AIM set up for a placing to me. Hope I'm wrong but seen it all before, and I can imagine the merger will be an expensive process.

[whatsthepoint] 06/1/2020 09:40

nice consolidation ready for a test of 0.60 soon im sure the chart is skys the limit after that

[colinzeal] 06/1/2020 09:09

"Cheshire and Warrington’s Energy and Clean Growth Strategy shows leadership in this area, one that the rest of the country should look to”. Won't be long fellas, soon everyone will want to tie themselves to this company. Green is the new black.

[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.