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SDX Sdx Energy Plc

0.32
-0.03 (-8.57%)
14 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.03 -8.57% 0.32 5,469,171 16:35:20
Bid Price Offer Price High Price Low Price Open Price
0.30 0.35 0.325 0.325 0.325
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:36:00 O 1,000,000 0.32 GBX

Sdx Energy (SDX) Latest News

Sdx Energy (SDX) Discussions and Chat

Sdx Energy Forums and Chat

Date Time Title Posts
14/1/202516:35SDX Energy10,756
09/3/202008:17SDX Energy at the UK Investor Show3
23/7/201807:13SDX Energy (SDX) One to Watch on Monday -
18/7/201811:39SDX Energy (SDX) @ Watch Zone -
16/7/201806:55SDX Energy (SDX) One to Watch on Monday -

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Sdx Energy (SDX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-14 16:36:010.321,000,0003,200.00O
2025-01-14 16:35:200.321,000,0003,200.00UT
2025-01-14 15:46:520.30500,0001,500.00O
2025-01-14 15:06:330.35100,000345.00O
2025-01-14 14:17:550.359383.28O

Sdx Energy (SDX) Top Chat Posts

Top Posts
Posted at 14/1/2025 08:12 by roman2325
I am trying to understand: why are people still holding this?

The options are: it delists and your equity is wiped out. It stays listed...and it trends to zero because they run out of money and your equity is wiped out.

Every day this moves forward they lose more money, the share price moves lower and you are LESS likely to see a positive outcome, not MORE.

What am I missing?
Posted at 24/12/2024 12:05 by neo26
What happened to this?SDX Energy Plc (AIM: SDX) is pleased to announce that it is partnering with Aleph New Energies ("ANE"), via a Memorandum of Understanding, to explore and to develop projects in the alternative energy sector. The parties will consider any projects deemed to be alternative energy, including, but not limited to, alternative/noble gases, energy infrastructure, solar, geothermal technologies, energy storage, gas and carbon storage and waste to power. As part of the partnership SDX and ANE will work together to provide technical and commercial support to identify and develop projects; additionally, ANE will provide the financing for such projects.Jay Bhattacherjee, Executive Chairman commented:"We are delighted to announce this joint venture between SDX and Aleph New Energies. This is the first step in SDX's move to become a true energy transition company, focused on delivering shareholder returns. SDX will utilise its in-country expertise, market position and infrastructure to increase its revenue stream by offering additional products to its existing customers and attracting new ones. Aleph New Energies brings considerable industrial, market and financial knowledge and capability, and the combination of our respective skills positions us well to address attractive market opportunities."
Posted at 19/12/2024 09:12 by roman2325
So if I understand you correctly Winnet you want the shareholders to vote against this - so SDX continue as usual. Then they sell SD for something way in excess of £8m, pay back Aleph and the creditors and then 'the balance is returned to shareholders' i.e. SDX is actually an investment trust.

Is that correct?
Posted at 17/12/2024 14:40 by winnet
PIs on LSE trying to stake build but the share price isn't budging upwards. Wonder why, unless the brokers have a large number of shares to dispose of?
Posted at 13/12/2024 15:47 by littlened
Reducing AIM regulatory bill by over £400kpa would be hugely welcome normally but seems to have caused a 65% drop in share price .Madness really
Posted at 11/12/2024 16:42 by roman2325
You're right Ned - you're never seeing 0.6p again

Any party interested in investing, and I can count them on 1 hand, will not want private investors onboard. To be clear: SDX has been looking for investment for 3 years, it never found it. And it is in a far worse state today than it was then.

The only investors left are private energy companies, who want access to the final product. And today SDX produces very little. So again, the vast majority will dismiss it because the due diligence is just not worth their time.

I am highly sceptical that they have found investment, but I suspect Aleph has found an off-taker. Who is aware the state SDX is in, and has agreed to advance a sum against future delivery....at a massive discount. Everyone was crowing for Citic 6 months ago, where are they now.....?

If you're a PI, take the loss and sell out whilst the bid is still there. You will never see a better price than that today
Posted at 10/12/2024 09:59 by roman2325
Ned: they are calling the shots now, they have security over the assets. They know they have SDX over a barrel, they know SDX have absolutely no chance of paying them back....it is delusional to think they wont have a plan in place for when SDX fail to pay them back (again).

They are investors, not explorers. They have zero interest in running an E&P business, they want to get it off their hands, and turn a profit. And if you work in the business, which is sounds like very few on here do, you will know there are only a few options available to them.

All the major shareholders will know what is going on, they will all have been consulted first. Just look at the facts and forget what you want to happen - I have been calling this for 12 odd months lol
Posted at 06/12/2024 15:47 by winnet
they'll ahve to update the loan if this goes through... terms no longer relevant given delisting proposal.

The Lender will have the right to convert the outstanding Loan, including any accrued, in full or in part, into ordinary shares in the capital of the Company ("Ordinary Shares") at an exercise price (the "Exercise Price") being 80% of the Average Daily Closing Price calculated over 30 trading days preceding the relevant date of notification for conversion, provided that the number of Ordinary Shares issued to the Lender pursuant to the Amended Facility Agreement does not exceed the lower of (i) 300,000,000, and (ii) the sum of 200,000,000 plus 50 multiplied by the amount of any loans drawn during the term of the Amended Facility Agreement (the "Threshold"). If the number of Ordinary Shares to be issued, based on the Exercise Price, would mean that the Threshold is met, then the portion of the Loan representing the excess Ordinary Shares will not be converted and will remain outstanding on the terms of the Amended Facility Agreement.
Posted at 30/9/2024 13:54 by winnet
Roman,

I don't know whats going on in the SD negotiations [just like you don't], but I do know when the cap was 7 million GBP they stated that it would require shareholder approval as the figure was more than 75% of cap. The read-across was it was going to be in excess of 6 million USD. I guess, and its only a guess, that as the share price has cratered, the buyers have been turning the screw on the number and SDX have been "messed about". Hence SDX has not completed the deal as I guess, again, it's only a guess, the number is too low and they don't need to sell yet, given they are a going concern... So this has nothing really to do with common sense... but more to do with the fact that SDX is seen as a distressed seller.

The issue is that the SD numbers have not been disclosed as the asset is being "held for sale" so it's tricky to work out what production numbers look like. However, there are some historical numbers to look at and we know it is worth much more than we got for WG [bigger asset, more reserves, greater production]. In theory, it should sell for double [ish] the price. But then, like I say, its not a rational economic sale.

The analogy about your son is an odd one. He cannot borrow 6 million USD at 19%. I'll leave you to think about that remark for a second.
Posted at 06/9/2024 10:13 by roman2325
Winnet - I enjoy reading your posts but you seem to be ignoring the fact they need to spend money to make money (this is E&P) and it is money they do not have. They would need to sell SD for multiples of $10m to take the business forward, and that simply won't happen. Plus: this is real life, and if you are offered something by a company who is about to go under...you bid as low as possible. Or wait for them to disappear. You don't pay 'NAV' and take them out for dinner

They will have run out of money way before SD closes and the money is repatriated. Aleph know this, they have now got control over SDX assets and are doing deals in the background for when SDX default. The CEO is in way over his head (first time CEO, knows literally nothing about energy and zero network) and will jump as soon as he can find something better. THis already looks shocking on his CV.

The share price is cratering for a reason - this will never recover
Sdx Energy share price data is direct from the London Stock Exchange

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