Redt Energy Share Discussion Threads

[brucie5] 19/5/2018 16:44

And the relevance of this is?

[netcurtains] 19/5/2018 14:51

yeah I'm happy provided share price head north over next few weeks.

[dogrunner11] 19/5/2018 13:51

If those employed want cheap shares then dip their hands in pocket now, not take cheap shares with zero risk.

Only Director transactions are sells, breaking support along the way. Then we reward them? Really?

[dogrunner11] 19/5/2018 13:48

Have a look at the trading 24/07/2017

That was IMO John Ward dumping out, with further amounts later.

Scott nor anyone within redT deserve any form of additional rewards, they have underachieved so far, fair enough granting options at say 10 or 12p, I could stomach that, but handing over shares at 5.9p when us long term suffers can only see our hard earned steadily decrease in value whilst likes of John Ward collect £3 million or so with insider knowledge.

Dress it up all you like, this really stinks.

[kingbarolo] 19/5/2018 13:21

Wise words, Brucie - thanks for your comments. Like you I can only believe there is something significant on the horizon to remotely justify these options though I do think it would have been good politics to reveal first. It's time now to stop taking for granted the good will of investors, many of whom are showing significant losses over the last year or so. Whilst I firmly believe in what this company is trying to do, the time is rapidly approaching when they they need to return some of our good faith.

[brucie5] 19/5/2018 13:09

Well let's give him a chance to defend himself. Investor Relations should be onto this by now. REDT cannot afford to lose the publicity battle as far as fiduciary goodwill of shareholders is concerned. If there is the least suggestion of greed here, it will certainly blow up in their faces. They are not yet turning a profit and are going to need to raise more money before long. For this they need huge goodwill, which they have just squandered. On that issue, I can only imagine that there is significant news impending, because a further fundraise at lower levels will see me cutting my losses.

Time for Scott to step up to the plate and justify that huge remuneration.

[dogrunner11] 19/5/2018 13:02

If scott gets anything I’ll report the company to the FCA regarding John wards share disposal.

The guy has done nothing but lie and shaft shareholders past few months.

As for dropping late Friday afternoon goes show he knows how bad this looks.

[brucie5] 19/5/2018 12:50

I would suggest Scott issues a statement of some kind to explain who these options are rewarding. No problems if it's going to the lowly paid R&D engineers. Serious problems if it's going to Scott.

[brucie5] 19/5/2018 12:31

Spud, each to his own. I don't think it materially affects the investment case here, but it does cast a shadow over the confidence of the bod to get this share price to where it should be. And it leaves a nasty taste in the mouth, which is bad. It also reflects badly on Scott's 350k annual package, which should really be more about options to buy when he's achieved appropriate milestones. I've said before, if the share price isn't double where it is now by year end, I'll be selling. But I'd also like to feel impressed not embarrassed by the leadership here. If they're helping themselves to investors goodwill, then maybe the UK gov should also be a little more circumspect about giving them money. I hope I'm wrong. I'm invested here. But come on Scott, don't think this kind of thing goes unnoticed!

[spud] 19/5/2018 12:16

Either way, it's raised a red flag for me. I'll begin unloading shortly which is a shame as I viewed it as a med/long term hold. spud

[dogrunner11] 19/5/2018 10:08

Coz each year the option price is getting lower, sure some will be extatic with that, not me.

[netcurtains] 19/5/2018 08:14

fieldhouse@ spot on. I dont understand why the others are going on so. this is AIM - this is how it works... And for Scott (plus other employees) to make a reasonable profit on those shares the share price would need to get into 9s (as a selling price), at least, with plenty of buyers willing to buy them at that price.

I made my "fortune" (as many of you know) via TRIAD PLC - they also had share options where employees could make a good profit. It did not stop the share price going up at all (from about 11p to 90p). The driver is GROWTH in sales or GROWTH in profits or GROWTH in new technology.

RED is at the tipping point of two out of the three GROWTHs.

[fieldhouse] 18/5/2018 22:46

As i understand a share option. Shares can be purchased by the entitled employee at the price stated and within the time period.
The shares have not been given !
To make a profit the share price will have to rise considerably .
I don't have a problem with the awards

[brucie5] 18/5/2018 22:12

Please make your displeasure known. Email Jo Worthington at investor.relations .

[owenski] 18/5/2018 21:47

I did say often and was slagged off for it, that RED have a product that was essentially still in seeding trials and that at present no revenue earning business model is in evidence. It is still early days here. RED is still in VC territory with all the risks that go with that. Position weightings should reflect that.

[owenski] 18/5/2018 21:42

ianous, frankly I thought the last fund raise would be at about 10m, so was surprised at the low amount. Indeed as said, they'll be back again.