Redt Energy Share Discussion Threads

[cheek212] 08/12/2016 11:07

Has anyone read the full RNS??The Board considers the pipeline for the next 6 to 12 months to be encouraging and believes that future revenue and margin expectations are deliverable through deployment of the proceeds of the Fundraising. As at the date of the Circular, and without proactively seeking to build its pipeline the Company has received 1,685 incoming sales enquiries from 112 countries, which have resulted in a potential total sales pipeline of 2,608 units with a gross value of US$263 million.

[dlg3] 08/12/2016 11:05

I will be taking up my shares in the offer and will apply for more, not many of those shares will see the market....and there must be orders to warrent GEN3 and GEN4 development....this sends out that there is big interest here...I dont think we will see these prices for long.... added a few more today, always do on a Thursday the price drops always on a Thursday..

[cyberbub] 08/12/2016 11:04

The discount is disappointing, but on the other hand the amount being raised is a lot for a small company with no significant income yet.It is there in writing now that the 8M will last for 2 years.

[fieldhouse] 08/12/2016 11:00

I guess the old saying "no smoke without fire" applies here.
A lot of share holders will be upset at the price drop needed to raise new funds.
Scott needs to explain clearly what his sales target is for the next 12 months.
How is Ghia ?

[molar] 08/12/2016 10:58

It also shows why Cenkos were brought in --This has been planned for a while!

[molar] 08/12/2016 10:54

So why not say how well the company is doing at the same time as this announcement!What about orders Gigha etc!

[12bn] 08/12/2016 10:53

The temptation will be to buy now but most shares fall to just below a placing price before bouncing. I would wait for a couple of weeks or longer to see just how low this will go. There may be quite a few PIs who bought on T20s who will become forced sellers,imo.

[rjd123] 08/12/2016 10:53

Smashed my .10p prediction!

[dan de lion] 08/12/2016 10:51

I had been looking to invest here for a while, the only thing putting me of was the lack of orders for what is a ground breaking system, just didn`t seem right.

[andinvestor1] 08/12/2016 10:50

I am surprised that they put this out during market hours - leaving those that bought this morning to miss out on taking up the offer as the record date is yesterday. Those that sold this morning will be laughing!

On the last investor call Scott was very confident that they would raise money at some point when the price was right!

Other than that I see this as positive but I do think that they have not done right by retail investors.

[chicken01] 08/12/2016 10:50

This has obviously been known about for a few weeks as the constant downward share price. Insider trading here is rife...

[waterloo01] 08/12/2016 10:49

Umm got my timing very wrong on this one despite the 'glowing' report of the quality of Scott. Not happy about that but the reason I thought it looked a good bet is still in place in terms of the technology and the market potential. Still don't like being 30% down quite so soon!

[ashtree2] 08/12/2016 10:47

Iglenn..very surprised by this also and dont think I will be able to take whats said here seriously any more.I was buying over the last few days and clearly someone in the know was offloading and has been for some time.Insider knowledge it would appear.This will take a while to recover from this.ash

[brucie5] 08/12/2016 10:45

Lglenn, I'm afraid this comes with the territory of non-profit making story stocks. The CEOs are hardly likely to trail a placing for fear of making capital raisings even more disadvantageous. I don't think this discredits Scott - he's got a job to do. But it does underline the fact that where potential cash calls are concerned, companies, particularly on AIM, almost never tell the truth, because they probably couldn't afford to.

But if you believe in the story, which I largely do, 8p or hereabouts, represents good value. I will be dipping a toe her for what I hope will be the medium/long term.

[cyberbub] 08/12/2016 10:44

(Typo above) 12 months.

[cyberbub] 08/12/2016 10:44

Hmm this is rather disappointing. 8p seems an excessively large discount, and it seems that the claims of not needing any more money for 1 months were wide of the mark.But in a way I am pleased to see that they need 8M for working capital for ramping up sales. That's not particularly unexpected in a growth company, and if it leads to a rapidly growing sales pipeline then I don't think LTHs will complain.The company are also allowing PIs in at the same price which is only fair given the level of discount.Disappointing but hopefully onwards and upwards from here for LTHs. NAI

[12bn] 08/12/2016 10:42

We have all been caught out by lies/truth stretching by a BoD and RNSs Iglenn,me included.

[iglenn] 08/12/2016 10:42

Dog. He's getting a very strong mail from me shortly.

[elbillo] 08/12/2016 10:37

Disgraceful