Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
Impossible to tell what, if anything, this means for Eqt. Just guess work at the minute. Everything will soon become clear. Im not taking this into account just yet, still waiting for the contract completion in Q1 2019 and dont expect to hear anything before then
Bang on I1219. They have stated this entire time that the actual contract would be signed and delivered Q1 2019 - so it is odd that anyone would possibly be frustrated that we haven't heard anything yet in Q4 2018. We would only hear if there was bad news such as a delay.
In 2019 we will have the contract signed, possibly another project with Phoenix, and real revenues coming into the business. No news is good news until Q1 2019.
We've all seen how the SP jumps on an MoU - now imagine what we will see when the contract is actually signed and Eqtec bring in revenue approaching 10m euros.
I would love to top up at these levels but all my disposable incoming is already invested in Eqt and elsewhere!!!
Palmer - I read about that earlier after you sent the first link. I too thought it may well be a second contract coming our way.
The first Phoenix Energy RNS did state at the end that depending on the success of this project, they would look to further develop their relationship with Eqtec.
So IF this is another project for Eqtec,not only do we have another in the pipeline, but it also indicates the first project has progressed well. Hopefully an RNS to confirm this in the new year
Absolutely, as we have seen in the past, anything htey can do...
There will have been huge demand due to unexpected weather this summer, the world cup will also have boosted the numbers a small amount.
Combined with growth in the US market, I'd say this stock is one of the biggest bankers on AIM
Absolutely - I cant believe my luck that I got in at 2700p. Any significant drops will be snapped up immidiately - although I doubt we will ever see anything much below current levels. Looking forward to 2019!
DM2000 - 3 similar transactions does not represent a pattern. Also, looking historically there seem to be no trends emerging that indicate a news drop as you get with some stocks.
It generally indications leakage or fairly often the BOD wait for certain points to tactical drip news. Neither seem to be happening with Eqt.
Hold tight until 30th November I say - expecting good news.
I sold and hoped to buy in at a lower price but I just cant see where the bottom is!
I thought we got support at 189 and now look, it just keeps and falling. Wouldnt shock me to see this down to 160 over the next 2 weeks. Dog of a share.
Very low volumes today folks.
Seems as though we have reached the point where the traders are out and the LTH are all in and waiting for news. Doubt we will see much movment, eithe rup or down, until we get the news we are all waiting for.
Why did you all invest in this stock? My reasons were:
A) Operating within market that is set to surge
B) Existing project pipeline worth multiple times the current Mcap
C) A product that the planet is crying out for
D) Terrible leadership sunk the SP from 8p to 0.3p - they've been replaced by an industry expert in Ian Price
The fact that none of the above have changed is why I am not concerned about the SP being 0.8 again, just as I was not over excited when it was 1.4p. This will get much higher in 2019 as contracts are signed - the fundamentals remain unchanged.
"Basically warrants and directors purchase means nothing and mms dont care at all"
Very odd to say they mean nothing. I assume you meant they wont directly significantly increase the SP - which is true, but you miss the point.
Director deals and warrants at these higher SPs mean one thing: those that have insider information and more knowledge on this company than any of us, and even more knowledge than the big institutional players, are confident the SP is going to rise. I wonder why that is... ask yourself what do they know that we dont? These guys have access to information on aspects such as contract negotiations, alliance communications and progress of existing projects and MOUs.
I have put my money where my mouth is and have my biggest holding in Eqt. Put it this way, I am looking forward to Q1 2019.
Lets stop talking about small volume such as circa £10k sells. We have seen way bigger volume bought in at higher rates (1.2p+) so they are not really important.
I am topping up at anything below 1p, I dont want to see PIs lose money by getting scared or panicking. I urge you i all to look at the RNS for our increase in loan facility of £10m.
"The Company has today granted warrants to the Lenders over 33,350,318 Ordinary Shares at an exercise price of 1.57 pence per Ordinary Share exercisable within three years from the date of grant."
"Under the Amended Loan Agreement, a commitment fee of US$136,000 is payable by the Company to the Lenders through the issue of 8,349,546 Ordinary Shares in the Company to the Lenders at an issue price of 1.2542 pence per share."
We have been loaned $10m which has been secured through shares valued at 1.25p & 1.57p. The lender, which is clearly privy to a little more information than the likes of you and I, obviously sees the stock rising higher than these values.
Im not asking you to trust me when I say you this stock will rise considerably. In the same way I would encourage you to ignore those on here that keep saying the SP is falling and will sink further, as well as those annoying rampers.
I ask that you read the RNS releases very carefully and put your trust in the lenders, Cuart Investments Fund (RiverFort) that are willing to invest a $10m loan with the belief that the SP will rise and offer a substantial ROI.