Share Name Share Symbol Market Type Share ISIN Share Description
Redt Energy LSE:RED London Ordinary Share GB00B11FB960 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -0.17p -2.43% 6.83p 1,544,931 13:50:00
Bid Price Offer Price High Price Low Price Open Price
6.80p 6.86p 7.00p 6.83p 7.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 9.2 -4.9 -1.0 - 49.13

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Trade Time Trade Price Trade Size Trade Value Trade Type
12:43:306.821,43597.87O
10:43:306.9450,0003,470.00O
10:07:006.80652,54244,372.86O
08:59:457.0017,7171,240.19O
08:16:517.0072,5725,080.04O
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Redt Energy (RED) Top Chat Posts

DateSubject
23/5/2018
09:20
Redt Energy Daily Update: Redt Energy is listed in the Support Services sector of the London Stock Exchange with ticker RED. The last closing price for Redt Energy was 7p.
Redt Energy has a 4 week average price of 6p and a 12 week average price of 5.90p.
The 1 year high share price is 12.63p while the 1 year low share price is currently 5.90p.
There are currently 719,315,766 shares in issue and the average daily traded volume is 1,713,921 shares. The market capitalisation of Redt Energy is £49,129,266.82.
22/5/2018
17:18
cheek212: Options are not free shares - options give relevant employees the ability to BUY shares at a set price, thus the business benefits from the cash and the employ profits from the increase. The Directors were presumably unable to benefit from buying shares in the placing at 5.9p, maybe due to either not enough shares being available or perhaps due to holding price sensitive info. As such, the 5.9p options are merely allowing the directors to buy shares at a price that we as investors could also do, albeit for a short time period. The other higher priced still higher than the current share price - and again, possibly the directors are unable to buy due to price sensitive info - maybe or maybe not but ultimately they are paying for these shares, they are not free and cash will go into the company's bank account as newly issued shares.I personally have no problem with the staff benefiting if they get the share price up.
22/5/2018
11:12
dlg3: Camco 2006 Executive Share Plan (the “Plan”) On 27 July 2012, the Company resolved at general meeting to amend the terms of the Plan such that awards could be made under the Plan, for a period of 10 years from 27 July 2012, over up to 10 per cent. of the ordinary shares in issue as 27 July 2012 and any shares subsequently issued from time to time. Purpose The purpose of the Plan is to incentivise Directors and employees to ensure market (share price) and non-market (operational) performance targets are met over the vesting period. The Plan will align management’s objective with those of the shareholders. Market-based performance condition The options currently issued under the Plan will vest at different levels depending on the Company’s share price performance, subject to the non-market performance conditions being met. These options will vest in 3 equal tranches upon the Company’s 45 day volume weighted average share price reaching or exceeding the levels of 3p, 5p and 7p during the life of the options.
19/5/2018
08:14
netcurtains: 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.
18/5/2018
16:09
brucie5: Dear Jo, As a private investor, and hitherto enthusiastic supporter of REDT, I have taken every opportunity to tell my friends about the wonderful story unfolding here, of renewable, decentralised energy. holding so much promise, both as investment, and as a good in itself. So it's with considerable dismay that I see today's RNS about options. Let me remind you: ----------------------------- Options over a total of 25,920,835 Ordinary Shares will be granted under the Plans; 12,399,552 under the CSOP part with an exercise price of 7.05 pence per Ordinary Share (being the Market Value), 10,521,283 under the EMI part with an exercise price of 5.9 pence (being the price at which the Company completed the placing as announced on 13 April 2018), 1,000,000 under the Unapproved part with an exercise price of 5.9 pence, and 2,000,000 under the Consultant Share Option Plan with an exercise price of 5.9 pence. The Options will vest between two and five years from the date of grant and are exercisable for a period of three years from the date at which they first vest. ------------------------------- I'm sure I don't need to remind you that we have just had a fundraise, and the share price is pretty much on the floor. Normally, I would expect directors to buy the lows, not award themselves options! This gives a disastrous message, about faltering ambitions and frankly, very greedy directors, with little belief in their company. Unless I hear to my satisfaction, a defence of this award that actually persuades me that it isn't what it looks like, I will conclude that the game is over here and this is actually, just another AIM fly by night. Scott already earns more than twice the Primeminister, and the company as yet makes no profit! This is frankly, a disgrace. Your sincerely,
10/4/2018
15:24
brucie5: Fair play, GoM, this will not be for many, hence its current share price. And for those of us who choose to believe, we probably need to make various inferences around quality of the product, competence of the bod, size of opportunity ,and the validity of existing analysis from respected commentators. So far I have heard nothing to suggest that the product isn't excellent, the bod is not competent to execute its plan, and the market isn't virtually limitless. Therefore the main question marks are around the route to profits, and the margin of safety contained in the share price, versus risk of further decline. On balance, I have decided that this is the right share at the right time. But it's not a farm bet, and carries risks that I readily acknowledge. The main short term one, is that further dilution, if badly handled, might lead to further share price drop. Against that, I think there is more likelihood of share price appreciation on news of sales of gen 3, and bullish coverage from analysts and the press. I have not yet one bearish article on this company, which may of course suggest blind optimism on the behalf of financial journalists, including the IC; or it could suggest the strength of the underlying story. Good luck with your other investments, and I look forward to your reviewing this when it breaks back up over 12p. Which would be 100% higher.
09/4/2018
11:11
brucie5: Hmm. I don't know what to think, except there's clearly a lot of value in VFRB technology that is currently ignored in this share price. I think the line about VIONX being worth 1bn on its own may have some read-over to more likely values of REDT, but as Jim says, this is more likely to come about on the basis of sales multiples than profits. Andrew Monk made REDT one of his share tips, you may recall, at Christmas, and Monk work from VSA, which has a 22p target. It's worth re-reading his recommendation. The other thing I'm curious about is the involvement of Anthony Millar, who holds just over 4% of the company. I continue to think, perhaps wrongly, that 6p level represents a low for this share that we will come to see in the same way as 2.5p for TERN, or indeed, 7p for EDEN. And it will come about fairly quickly on the basis either of a sales update, or a recommendation, either one reminding the market of ewhat REDT are sitting on. But of course it's not without risks.
13/3/2018
08:56
brucie5: Owenski, others, what's your thinking about the likelihood of a fundraising before we get lift off in the share price? I think that concern must be weighing on the share price The discomfort here, with share price at current level, is that it's either time to fill your boots, or tread extremely warily!
28/12/2017
13:55
rovi70: RedT Energy's share price is below the future cash flow value, and at a moderate discount (> 20%). RedT Energy's share price is below the future cash flow value, and at a substantial discount (> 40%). Is RedT Energy still cheap? Good news, investors! RedT Energy is still a bargain right now. According to my valuation, the intrinsic value for the stock is £0.26, but it is currently trading at £0.08 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, RedT Energy’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to move to its intrinsic value, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta.
31/3/2017
07:27
tullynessle: https://uk.advfn.com/stock-market/london/redt-energy-RED/share-news/RedT-Energy-PLC-Manufacturing-Update/74228198 31 March 2017 redT energy plc ("redT" or the "Company") Manufacturing update redT energy plc (AIM:RED), the energy storage technology company, is pleased to announce that today, a Gen 2 energy storage machine is being delivered to its customer, University of Strathclyde. The 5kW, 20kWh liquid energy storage machine will be used alongside the grid and connected renewables as part of a joint project between the University and Gaia Wind at a site in Glasgow, Scotland and will be used to demonstrate the commercial case for storage in the UK for Gaia Wind's customers. redT also notes that its manufacturing partner Jabil Circuit Inc (NYSE:JBL) will be closing its Livingston manufacturing plant. The Company wishes to make it clear that Jabil's recent announcement does not have a material effect on the redT business and the fulfilment of orders. The Company's production schedule remains on track with the delivery of this machine to University of Strathclyde and additional Gen 2 machines, which will ship to Africa shortly. redT's business manufacturing strategy has always been and continues to be that mass production of redT machines would take place away from the Livingston facility, at other Jabil plants, following the conclusion of the Gen1 market seeding phase, which is now complete. redT holds a global manufacturing service agreement (MSA) with Jabil, which is not tied to any specific location. As such, the MSA remains unchanged and the Company continues, as planned, to work with Jabil to optimise the lowest cost manufacture of different components of its energy storage machines by utilising Jabil's 90+ manufacturing plants across the world. This provides redT with a significant competitive advantage in the market. For the reminder of this year, manufacturing of small volume production runs and new product prototypes will continue to take place within the UK. redT will also continue to grow its own Livingston operational centre, having built a strong engineering and operations team since opening the office in 2015. The downturn of the oil and gas sector in Scotland has provided redT with access to highly skilled labour pool and the Company is looking forward to further expanding its Scottish presence as a result. Enquiries:
08/12/2016
10:20
12bn: There's the RNS! I warned you all!//////RNS Number : 3251R RedT Energy PLC 08 December 2016 THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS RESTRICTED AND IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR AUSTRALIA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL This announcement contains inside information 8 December 2016 redT energy plc ("redT" or the "Company") Proposed Placing and Open Offer and Notice of General Meeting redT energy plc, the energy storage technology company, is pleased to announce that it has conditionally raised gross proceeds of GBP12 million from institutional and other investors through a proposed issue of 150,000,000 Placing Shares (the "Placing") at a price of 8 pence per share (the "Placing Price"). The Company is grateful for the continued support of redT's existing shareholders and is therefore proposing separately to make an Open Offer to all Qualifying Shareholders to enable Qualifying Shareholders to have the opportunity to participate in the capital raising process at a price equivalent to the Placing Price. It is proposed that the Open Offer will raise up to GBP3 million (being less than the EUR5 million maximum amount permitted without requiring the publication by the Company of a prospectus under the Prospectus Rules). The Company intends to use the net proceeds it receives from the Placing to fund: -- Capital expenditure for development of Generation 3 (Gen 3) - approximately GBP1.3 million; -- Operating costs for Gen 3 and Generation 4 (Gen 4) development - approximately GBP2.0 million; and -- Sales, operations and working capital for the next 2 years to accelerate pipeline delivery - approximately GBP8.0 million. The Company's strategy is not contingent upon a full take-up under the Open Offer, and any Open Offer funds received will be additional to the Company's immediate funding requirements. The Placing and the Open Offer (together, the "Fundraising") are conditional, amongst other things, on the passing of a resolution (the "Resolution") by Shareholders at the General Meeting to be held at The Equinox Room, Clerkenwell Workshops, 27-31 Clerkenwell Close, London, EC1R 0AT at 10.30 a.m. on 30 December 2016. The Company has obtained irrevocable undertakings from certain shareholders, including directors, to vote in favour of the Resolution in respect of, in aggregate, 173,771,694 million Ordinary Shares, representing approximately 37.1 per cent of the of the Existing Ordinary Shares in issue. The New Ordinary Shares will represent approximately 28.4 per cent. of the Enlarged Share Capital immediately following completion of the Placing and the Open Offer (assuming the Open Offer is fully subscribed). The Issue Price represents an approximate 29.7 per cent. discount to the price of 11.4 pence per Ordinary Share at which the Ordinary Shares traded on AIM on 7 December 2016 (the latest practicable date prior to this announcement), and a 30.8 per cent discount to the average share price during the 90 trading days prior to 7 December 2016. Neil O'Brien, a Non-executive Director of the Company, has subscribed through the Placing for 625,000 Placing Shares at the Placing Price. The Placing Shares and the Open Offer Shares will, when issued and fully paid, rank pari passu in all respects with the Existing Ordinary Shares, including the right to receive all dividends or other distributions declared, made or paid after the date of Admission. Subject to the passing of the Resolution required to enable the Placing and the Open Offer to proceed, application will be made to AIM for Admission of the Placing Shares and the Open Offer Shares to trading on AIM. Admission is expected to occur no later than 8.00 a.m. on 3 January 2017 or such later time and/or date(s) as Cenkos and the Company may agree (not being later than 17 January 2017). Shareholders should be aware that in the event that the Resolution is not passed, the Company will not be able to proceed with the Fundraising, with the result that the anticipated net proceeds of the Fundraising will not become available to fund proposed upcoming expenditure and achieve the objectives currently pursued by the Board. The Group's business plan and growth prospects may be adversely affected as a result. A circular in connection with the proposed Fundraising (the "Circular") and notice of General Meeting will be posted to Shareholders later today. The Circular sets out in detail (i) the background to and reasons for the Fundraising and (ii) the resolution which is required to be passed by Shareholders at the General Meeting. All capitalised terms in this announcement are as defined in the Circular which will be available on the Company's website www.redtenergy.com. Scott McGregor, CEO, commented: "redT has successfully proven its disruptive technology with the production of one of the longest life, lowest cost industrial energy storage machines, and we are now entering the next stage of development with the commercial roll-out of our Gen 2 units. Estimated at $100-$150 billion, the stationary energy storage market presents redT with a very significant opportunity for sustainable growth and our technology holds the key to unlocking firm renewable power for the future. With a strengthened balance sheet, we will now be able to aggressively ramp up our sales and marketing efforts, and continue the development of the future generation of redT machines. "I would like to thank both our existing and new shareholders for their support and we are pleased to provide existing shareholders with the opportunity to participate through the Open Offer." Contact Details:
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