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Best of luck gold let us know how you get on
I have done once, will be doing tomorrow i reckon.
DP has done what was needed and raised the money required. Any goodwill from his early progress and charm offensive has now been binned (in my eyes) . He now has to deliver as he has all the tools and finance required. He took a championship club in to the premier on a shoestring and now he has spent big so the expectations have risen exponentially and the fans want results yesterday! GLA MFU
I think the price will hit the placing price of 0.45p and potentially overshoot too. That is where I plan to average down to about 0.60 if I can Free up some funds
Haha yeah fair enough 123Gold.. certainly got some pleasure from that.
Will you average down?
Fatboy you will have pleasure in knowing my average is 1.2p sh@t happens
I've been absolutely shafted with this placing .f**king pure stress but it is what it is I guess. For yous that are a bit down take comfort in knowing that my average is 0.68p . I guess most of you are much lower
It does seem better to be nice and quick though LordGibil, like ripping off a plaster..
I agree, don't think it's retail selling as we don't know how many shares we are getting yet..
Thanks Foxyjoe, I've been around long enough to know that this is not a fair game, just noted that this was particularly obvious!
LordGibal the dices are loaded against the pls.
https://www.share-talk.com/what-is-waiting-for-you-when-investing-in-the-alternative-investment-market-5-2/#gs.act6pu
You could not make it more obvious that the whole city knew about this placing well before it was announced. Blue Chip organisations do not roll up in the morning, see an RNS, do their due diligence and make a decision to buy into a company before 11am that day.
I must say that I was a bit annoyed by the lack of notice to PIs for subscribing to the offer. For no apparent reason my bank this morning didn't allow the payment to go through and whilst I was trying to sort that out I was informed by Primary Bid that it was too late. So much for existing shareholders getting priority, it was first come first served and the Institutions were well aware that the offer was coming. PIs at the bottom of the pile as usual.
I especially like DP comment about Blue Chip Institutions, I would expect them to be very sticky hands so not many will get flipped for a quick 10% gain.
New shares will be added on the 15th July. Big news between now and then?
I already gave you kudos previously investing genius but will saay it again, you called it 2/2 so far. Welcome back to the ramper camp
7 billion shares though, I hope they make the most of this money.
All the best everyone.
David Palumbo, CEO of EQTEC, said:
"We are pleased to welcome many new leading blue-chip institutional shareholders to our share register through this oversubscribed institutional placing, and we are delighted by the support from our existing shareholders in the PrimaryBid offer. The Fundraising will enable the Company to capitalise on the positive momentum which it entered 2020 by utilising the proceeds of the fundraise to develop the Company's existing projects and strengthen its balance sheet."