Verditek Share Discussion Threads

[astralvision] 10/8/2021 07:15

What orders though dubois?None that have required a rns. The recent tweets are for 4KW systems, a few K to VDTK, they would need hundreds of those a month to get to cash flow neutral, imo.Interims will be before end of next month, so we will soon find out anyway.

[dubois] 10/8/2021 06:56

Orders are going through, so I don't see a need for any further raises at the moment.
I expect they only needed the 250 which was guaranteed.

[davidlloyd] 10/8/2021 06:56

If income stream was imminent I would have thought they would have had no trouble raising more......(the cynic in me says) :-( Lets hope I'm wrong.
DL

[amch] 10/8/2021 06:54

Better than I was expecting. I didn't think they would raise anything above the £250k.Good news. Added to the £1.7m cash in the results and with orders hopefully ramping up.

[a2584728] 10/8/2021 06:51

Unless the income stream is imminent?

[aja2] 10/8/2021 06:46

As I intimated last week and that was based on them raising the full 500k.

[astralvision] 10/8/2021 06:25

Agree, going to need to raise again very soon.

[32campomar] 10/8/2021 06:05

They've raised much less than anticipated - just over 100k above the 250K initially agreed - at current cash burn levels that's not going to last long.

[danessex] 09/8/2021 09:17

Climate change is gaining a lot of press also today. Anything that reduces climate change will also gain momentum

[astralvision] 09/8/2021 08:40

Agree, something must be behind the rise.Leaky ship and all that.

[amch] 09/8/2021 07:32

10p this week?Looks like something is happening.

[dubois] 06/8/2021 16:19

Yes, just noticed that, it is just a settlement trade and its picked up the last traded price. Happens a lot. It will automatically open down 0.35 on Monday to correct it.

[danessex] 06/8/2021 16:13

Why's it saying +17% for today

[danessex] 06/8/2021 15:58

Why the 17%?

[dubois] 06/8/2021 15:48

Well that was some week. We are up 106.98% over the last 9 days (increased every day).
Lets hope it continues and we here soon about the orders which are obviously coming in now.

Look forward to next week.

[aja2] 06/8/2021 13:25

Yes that's existing technology (vehicle to house or grid).

[meijiman] 06/8/2021 13:17

Just reading about a company which is raising money. Has technology linked to charging an electric car from panels on the roof (house not car!). Reckon that will be commonplace soon. Market potential is huge.
Equally don't rule out panels on the roof of vehicles..tuk tuks and lorries maybe.

[amch] 06/8/2021 13:08

Paragraf was what originally got me excited. If they can do what they say, and produce a panel that's economic to make and has 30%+ efficiency then it would transform solar.VDTK could become a billion pound company. Could 100 bag from here.Hope that's what the recent share price movement has been about.

[danessex] 06/8/2021 12:00

Some big orders come in

[amch] 06/8/2021 11:40

Perhaps a paragraph update is coming.Any developments on that front and the share price could easily triple on the day and reach double figures.

[meijiman] 06/8/2021 10:07

It's very easy to come up with a decent story here. If the product is as good as rivals at a similar price point then this should allow market access. The key selling proposition here may be lightness. Then if you can demonstrate that the buyer can save money over the medium term eg replace that polluting diesel genset with these panels you should get orders.
Was oversold and there may be more bumps in the road but it might just have a future.

[dubois] 06/8/2021 10:06

I think this years plan was to bring on board lots of "Bradclad's" which is something I am in favour of. Always better to have many agents putting in lots of orders, rather than one or two big ones which hurt if they cancel.

Things do appear to be looking up and more than happy for them to keep things close to their chest until they are confident of their sales.

[aja2] 06/8/2021 10:02

Based on the sums and rate of installation I can't see them not trying to raise more than the 500000 they were attempting to raise recently as they've had many months of no sales. I guess we'll see how tight they've been on their finances later this year.