http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

Daily Express

killer question at the end "does the technology work" yes it does is AB's answer. Be great to see just how commercially effective it is in Q1 2016.

proactive investors. - afc-energy-chief-dubai-deal-is-great-start-towards-1-gw-target
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"AFC Energy plc is fast approaching commercialisation for its proven low-cost alkaline fuel cell system ("KORE")"

Http://www.afcenergy.com/news/2015/5/27/1327/interim_results

The next conference presentationFri 23:50AFC are giving a presentation at the European Fuel Cells Technology and Applications conference, to be held in Naples between the 16th and 18th December.

Http://project-power-up.eu/2015/naples-16-18-december-2015-european-fuel-cell-technology-applications-conference/

Good find Mentor,

Just in case you thought you were talking to yourself!

Something must be wrong here as I bought more on Wed and they have been going up since, not like my timing at all.

Thanks "greekman"

Why do you think I was so happy last Friday, I have now 3 lots, with my top up on the 2nd and that was Wed also, was giving the sign of turning with the high volume, but then we had to wait for Friday.

Another good day today from the start, everything is level on the order book after the starting GAP up

31.75p +4.25p (+15.45%)

The interest continues as prices are moving north with easy at the moment

Weekend Shares Magazine.......

'Fuel cell technologies have significant disruptive potential [for the energy sector at present] as evidenced by the steady progress being made by companies such as AFC Energy (AFC:AIM). The group's technology has the potential to displace mainstream gas-fired power stations for utility scale generation; being cleaner, more efficient, modular and therefore more versatile, and ultimately lower-cost.
The fundamentals of AFC's technology also lend it to low-cost design and manufacture. BUY AT 26.75p'

So what happens next, I am sure without news the sp will start to fall back due to those too nervous to hang on till later in the month.

To those who are more likely to sell as the month progresses, I say this, 'Put yourself in the boards position, would you put out a RNS re milestone 11 asap in order to steady the share price or would you wait till the last possible moment so that you could release the latest power output figures'.

Don't be surprised if the news re milestone 11 comes out am on the 24th or even during the few days between Xmas and the new year.

Let just hope that Adam Bond plays Santa this year, even if he delivers a few days late.

What happens next?

well the rise did not continue so sold 2 lots yesterday 31.22p and 30.42p
and the other one this morning 27.70p

order book is weakening again despite the market up

i'm out too (27.25) so a decent profit though inevitably not as much as it might have been
markets are looking awful

POWER-UP Update - Commencement of KORE Pre-Commissioning in Germany

AFC Energy plc (AIM: AFC), the industrial fuel cell power company, is pleased to announce that the KORE system build at the Stade facility in Germany has now been completed, with all 24 fuel cell cartridges installed.

The Company is scheduled to commence pre-commissioning of the entire system, in manual operation mode, in the week commencing 14th December.

Finalisation of the remaining pre-commissioning activity is expected to take approximately six (6) weeks, in order to optimise the KORE plant, and to set up the entire system for fully automated operation. Accordingly, the results of full commissioning are expected to be announced prior to the end of January 2016.

Mr Adam Bond, AFC's Chief Executive Officer, commented:"Following the achievement of Milestone 10 in October 2015, we have continued to make solid progress towards Milestone 11. However, we still need to complete all pre-commissioning activities before we are able to undertake automated commissioning, and test the KORE system at the targeted 240kW design output. We will provide a further update announcement to the market with the results of commissioning, prior to the end of January, 2016."

Up 20%.....no apparent reason!

Yes - talk about whore's drawers!

I hate this share! :o)

A few buys early on the morning got the shares up fast ( there was not many trades on the order book at that time ), but since they have gone pear shape, but still well up on the day.

order book negative on the DEPTH as I am posting 10 v 14 and NOVM has gone into the offer 29p, was 30p a couple minutes ago
bid at 27.75p as the 28p earlier was taken as 10K "AT" from PEEL

Subscription and Shareholder Offer

Hmmmmm......I'm a bit lost for words. :o(

OFFER FOR SUBSCRIPTION
AFC Energy Plc has announced that the Company has raised GBP2.47 Million before expenses, by way of Subscription for 12,368,449 New Ordinary Shares, at an issue price of GBP0.20 per Share. In addition, the Company will offer up to 5,631,551 New Ordinary Shares for Subscription by qualifying Shareholders at the issue price potentially raising up to a further GBP1.13 Million (the Shareholder Offer). The Subscription and the Shareholder Offer are not underwritten. The Subscription is conditional only upon admission of the Subscription Shares to trading on AIM. Subscription Shares will not be issued to subscribers who do not fund prior to admission. If this were to happen the Subscription would proceed but would raise less money. The Shareholder Offer is subject to take up by qualifying Shareholders and, to the extent taken up, the issue of any Offer Shares will be conditional upon admission of such Offer Shares to trading on AIM. The Subscription and the Shareholder Offer will be undertaken pursuant to the general authorities granted to the Board of Directors at the Annual General Meeting on 15 April 2015 and therefore no further Shareholder approval is required.
Terms: GBP0.20 for each New Ordinary Share.
Relative Dates and Details: 14 December 2015 – Record Date.

That's a lot clearer , or is it .

Qué? as Manuel would say!

The way I read it is that we, the general public, who held shares on the 14th Dec 2015, will be offered more at a price of 20p each at a date to be announced. Only shares which are purchased will be admitted to AIM. If not enough people subscribe to the new issue then...........presumably the issue will be withdrawn.
I think this is unlike a Rights Issue where a specific number of shares are issued and sold (to various investors). If holders don't take up their rights, the shares are still sold on the open market.