(AFC.L) AFC Energy PLC | Forum profile

Don't forget that broker note. The broker will be way more positive now that AFC has this cash behind it, there won't be comments of concern over cash levels and dilution as in the last note.

PS the B9 Coal website has the pictures back on it so this should remove the fears about copyrights etc. http://b9coal.co.uk/ Nothing new on the site yet but I will be watching that space closely because, regardless of timeframes, I think that an official announcement about the tie with AFC could help to restore the SP a little.

Hi Bob, Yes i am aware of that but before i double clicked the news tab i'm thinking whats the damage i.e. number of shares issued, at what price and how much my investment will be diluted. Thats all i was saying Regards DB

That might be an issue, perhaps i was a bit harsh, sorry if so. That issue appears after the 10th, what i meant it is not a reason of decrease now ! The volume is much to less for that and i think we might or would have seen anyway a side trading in the range of 10 / 10.50 to 12 depending on sells or buys. Besides i do not think that investors who boughts into this finance will sell at a 2 p win, as those where a kind of chosen investors....

Hi Stocasity - as I said in response to your original posting - 1.5 million shares trading hands means 1.5 million shares sold regardless as to how the individual trades might be officially classified by the MM's. The fact that the share price didn't move at all during this high volume period indicates someone was quite happy to sell at around 12 pence. What the hey, several hundred thousand shares (and counting) sold just today off...

Good point Mikemine. I can't seen any cash from deals forthcoming until the 50KW system is built and proven; as a customer, why would one pay anything before hand? Perhaps the £1m licensing deal from W2T will materialse but then again since gasification is the first stage in their process, I should think money they get will be going to AlterNRG to build the gasification plant first. Once that is up and running, they will raise...

The discount for CFU was huge and the potential dilution if you didn't subscribe very high. AFC placing was very close to market price.

Interesting reading. http://www.renewableenergyfocus.com/view/5732/afc-energy-raises-2-million-in-share-placing-for-fuel-cell-commercialization/ Bob.

The quote from the RNS worrys me a bit. It seems to say that they are banking on other sources to make up the money they need to see them through to commercialisation. If this the case, unless they know something we don't, I'd say this was a gamble. If the placing was sufficient for the job why include this paragraph? "The placing when combined with projected sales, licensing, grant income and other commercial opportunities...

Not long before the fuse gets lit under afc surely ??