Velocys Share Discussion Threads

[parsons4] 16/7/2020 09:56

Now have a large holding (for me). Lots of short-term profit-taking yesterday and today, but the shares are being bought and 6p looks to be supported.

[luchan007] 15/7/2020 14:33

I bought yesterday, did not show up either got in at 6p which I was quite pleased with.

Wonder how long before other parties arrive to ask for a Immingham type plant in their back yard? I assume BA will take 33% of production at cost price. Very interesting.

[brucie5] 15/7/2020 11:24

Well I'm back in again. I think with this amount of money, the technology proven, the government shovelling cash towards any technology that might compensate for the impending calamity of Brexit, and the airlines desperate to green their profile... it will take a lot of incompetence for VLS to fail to do quite well...

[trad3m3] 15/7/2020 10:47

Buys filled as sells interesting...

[trad3m3] 15/7/2020 10:39

Bought twice, none of the buys shows up...?

[parsons4] 15/7/2020 08:00

Mcrudden quite right. This is a very hot sector right now, with the airline industry in great difficulty and big support from Government. This should fly in the short to medium term. GLA

[demonboy] 14/7/2020 15:01

This means directors can issue unlimited shares at their own discretion, more dilution in near future.

[mcrudden] 14/7/2020 14:20

Who's next, after all this is the future right here, regardless of the timescales etc we are in at ground zero in reality. https://www.geekwire.com/2020/amazon-air-buys-6m-gallons-sustainable-fuel-heres-means-industry-planet/

[wageslave] 14/7/2020 13:44

Looks like we are heading to the placement price. Could be worse though if you look at eqt.

[alexios1201] 14/7/2020 12:45

Lansdowne Partners is the only one mentioned in GM noticeThey took 60million sharesOthers should followAssuming AMATI fund will take some as wellErvington/Abramovich hopefullyPossibly few new funds maybeLike I said placing stock admission tomorrow and Thursday, so holdings updates will follow

[alexios1201] 14/7/2020 12:33

Tr1's will follow from tomorrow onwards

[high yields] 13/7/2020 22:56

Hi Skinny, Owenski!

Any idea how I can find out who (institutions) bought the new 400 milion shares for 5p.

[high yields] 13/7/2020 19:48

196 milion shares x 6.5p = around 12 milion pounds

[owenski] 13/7/2020 13:51

As the year progresses, I'll calculate when the next fund raise is likely, I was spot on with the recent one.

[owenski] 13/7/2020 13:50

At today's share price with the new shares in issue, the M.cap will be worth just over £66m, up from current £44m. Still not profitable and burning cash and years away from any meaningful revenue - if at all.

Might get chased up by 'story punters' but it remains a bargepole.

[skinny] 13/7/2020 13:44

Just over.

"Following admission of the new ordinary shares, Lansdowne Partners will have a holding of 196,220,153 shares in the share capital of the Company, representing approximately 18.4% of the Company's enlarged share capital assuming full take up of the Open Offer.".

[cyberbub] 13/7/2020 13:40

Am I right that there will be around 1bn shares in issue when the placing shares are admitted?

[parsons4] 11/7/2020 12:29

Very quiet on this sight. I intend to increase my holding this week . The placees can sell their shares for the first time, hopefully shares will be cheaper this week !!!! Plenty of upside potential here IMHO

[jimbob58] 05/7/2020 12:34

Article on green flights in Sunday Telegraph features VLS.

[volsung] 03/7/2020 08:52

Bought a few more. Easily my largest holding now

[gac141] 02/7/2020 13:26

Mentioned in the commons today......

The UK will aim to be the first country to build a net zero emissions commercial airliner capable of crossing the Atlantic, transport secretary Grant Shapps confirmed today.

Speaking in the House of Commons this morning, Shapps said that the country had set up the so-called “Jet Zero” council specifically with that goal in mind.


“That will involve not just investment in sustainable aviation fuels, of which money has already been invested but also work on electric planes, hybrid planes and hydrogen planes as well,” he said. “You can expect to be hearing a lot more.”

On Tuesday prime minister Boris Johnson raised a few eyebrows when he highlighted the scheme in his speech on the recovery of the UK economy post-coronavirus.

Speaking in Dudley, Johnson said that the UK should aim to be a “science superpower”, adding that creating the world’s first long-haul zero emissions plane should be part of its 2050 net zero target.

The “Jet Zero” council, which has been charged with making such flights possible “within a generation”, comprises ministers, businesses, trade bodies and environmental groups.


Although a list of participating businesses is yet to be announced, £500,000 has been awarded to renewable fuel maker Velocys, which turns household waste into jet fuel.

European aerospace giant Airbus is one of several companies who have said that they will aim to make the next generation of aircraft much cleaner by environmental standards.

Aviation trade body ADS boss Paul Everitt called on more funding to make the plan a reality.