yump, our human psyche is usually strange (i.e. mine too). You only want the share price to go up in the real reality ! The rest is history. |
That would make sense as well.
It will be interesting to see if the price settles around here, or whether there's still a dip to the placing price to come. I only got 20% of what I wanted, so in two minds !
If it stays here in this market, I'd take that as very bullish, because every other placing I've seen recently has dropped to placing price or below. |
yump's post 15256
"Looks like a few people may have pre-sold their 35p shares on that rise"
Inattentive shareholders hitting their limits not expecting another contract signing so quick? |
...but no mention of price. |
as posted by bathbuoy |
Robbing from the private sector to fund the public sector is guaranteed to fail. They will push us into recession if they stay on this path. Businesses are bleeding; more NI, higher working wage, more employee protection equals higher unemployment. That simple. |
Em-trak website now offering Nexus/X100 for Feb 2025 delivery |
A bit o/t but the UK “mood” in general has been very moaney for a few years and despite voting for them, I blame Labour for a lot of that. What we didn’t need coming out of covid was being loaded up with continuous whinging, whether justified or not. We knew the problems - didn’t need to have them spelt out day after day - thats not constructive in any way.
Whatever else Boris was, at least he was positive and when it comes to morale thats important.
Also sick of the 22bln moaning. Just get on and do the job. |
It takes a lot to impress today's market. |
Reading the RNS it seems to be a lot of work/value for what seems to be a modest $9m contract. |
The share price was 56p at the last AGM. |
Tipping point now, contracts rolling in. 52w high. |
Bahrain I guess |
It feels like whatever good news may yet be to come, the market will not believe until there is some hard profits in the bank.
All we have to go on so far is promised made, promises not delivered.
And I am a long term shareholder. |
Tomorrow begins METS Amsterdam 24 which should feature a high profile display of NEXUS - (aka 'Em-trak X100'). Hopefully ST will ensure some gallery photos pronto.
I would presume that tomorrow will also see the end of the information / comments embargo which will have been observed by the various bodies invited by SRT to participate in consultations and lengthy pre-production testing of this remarkable piece of kit.
ST has been conspicuously cautious about getting NEXUS exactly right before launch and we have to hope that the lengthy time and significant investment of resources will be rewarded. |
This company SRT is in a very unique place and is going to make a fortune, whilst helping to save the planet. That is a win win and will attract investors. £2 a share here we come. |
 I understand that it was Ocean Infinity which approached SRT in the first instance, offering to take a slice of the company (about 9%). I assume that they recognised the synergy between the two companies. O I could bolt on robotic vessels to SRT contracts and therefore use SRT as a route to market. It was SRT which approached O I for the recent cash support and both companies recognised the importance of the Kuwait contract. O I was in effect protecting its original investment because if there was no Kuwait contract SRT could be on a downward spiral, with few options for bolt on robotics. We now have a situation where SRT has a strong financial future and is the global king of the MDA systems market. I just wonder how the Saudi coastguard feels about the Kuwait impending system, together with O I robotics. Can't Saudi afford such a sophisticated system? SRT and O i make an impressive team.
When the dust settles O I will issue a RNS identifying the size of their shareholding.
Now that Oliver Plunkett has joined the board, the company must issue a RNS if they just buy one more share. Concert parties are an interesting concept with regard to the takeover code. Any parties deemed as acting in concert must declare their holdings. If an employee of O I, or someone connected to O I buys a SRT share, are they deemed as acting in concert? Does O I have a duty to notify all employees of their obligations if they buy an SRT share? Question for Oliver Plunkett at AGM?
I feel more relaxed about O I's intentions with regard to a takeover. The code is quite protective of small shareholders especially as I believe that we have substantial holders who might have a vision of reaching a market cap of £1 billion. I believe that this is known as a 'Unicorn'.
PS. I get the impression that there are one or two disgruntled shareholders here who would enjoy life more if they were to sell up. If you have a substantial holding, may I suggest that you contact Cavendish who probably know of an institution looking for stock. Unfortunately there are only small numbers changing hands now and this prevents an institution from obtaining a generous sized stake. |
I thought it was 100% irony or satire and anyone who disagrees must be daft. |
I took it to mean the Internet encourages argument not being able to see another point of view. Maybe I didn't get it either. |
kb - thank you for that sphinxlike comment but, being a bear of little brain, could I ask you to very kindly clarify what on earth it's supposed to mean? |
AE said..
I've been weighing up the various arguments posted here today and can see why there are opposing views
This isn't how the internet works. |
Not sure if i saw this posted but Simon Thompson says Retail offer is worth subscribing to.... closed now obviously but was from the other day i guess at least he's still keeping a watchful/interested eye on them |
Well done SRT and thank you OI for your faith in SRT. Yes, you get your pound of flesh. Not dreamily ideal but that is normal. Not a problem for me. What really was SRT's alternative? Nice ideas to ask Kuwait to split the contract or delay the contract until xx date, or wait for money to come through from Indonesia/wherever.......but now we are on a much sounder cash footing. Yes the company can fail. That has always been the case. But...but...it looks less and less likely that it will be due to a lack of cash resources. All good in my book. Onwards and upwards after a few positive RNS contract awards/other positive news. Hopefully starting next week of course. Apparently some are due in the next six weeks...... |
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