Market's view on I(x) Net Zero

Published on April 2024

  • A stock watcher has expressed optimism about buying the stock at a current low price in anticipation of future value recovery.
  • Another watcher highlighted a significant increase in Net Asset Value (NAV) per share since December, now over one pound, raising questions about the reasons behind this rise.
  • There is a belief that the stock is significantly undervalued and could easily increase by 50p in the upcoming months.
  • Concerns were voiced about the lack of company news.
  • A positive short-term trading outcome was shared, with a profit of 1.2k earned in just two hours.
  • Expectations were set that a stock price milestone of 30p would soon be exceeded.
  • A substantial increase in the unaudited NAV following a major investment was detailed, highlighting a 181% uplift, with portfolio NAV also seeing significant growth.
  • There were rumours about potential share chasing by specific investors.
  • It was confirmed that an investment by BP resulted in a 100% increase in a related financial metric.
  • Challenges faced by a company regarding a potentially lucrative Reverse Takeover (RTO) were discussed, with hopes for other ongoing opportunities.
  • A previous re-rating of loss-making and green energy companies was noted, affecting stock prices negatively, though potential for future value in the green energy sector remains.
  • The drop in the stock price from a higher range to the 10p area was questioned.
  • A drastic reduction in market capitalisation over a year was highlighted, from £62m to £9m.
  • The company’s listing on the London Stock Exchange and its focus on energy transition and sustainability were outlined, along with details of the fundraising and shares issued.
  • There were admissions of limited understanding of the company’s operations despite investment, indicating a need for clearer communication on business activities and objectives.
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