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Bline - Seems you are on the same wavelength as the missus - she said the same thing!!
But there's always a bigger picture.
BlueToff.............£30k is not a Punt where I come from mate....................you must have more money than sense to throw £30k at something you have no idea will ever bring you a return.......
..... But no insider trading and market manipulation going on whatsoever !
So the web of Dumbo Palumbo's financial shenanigans knows no bounds.
EQT Place and order for £150K with INSP
GIS are the Broker for and EQT £500K placing to be settled on or around 10th June
INSP news of contract pumps their shareprice by 70% and the do a placing the same evening for £250K shares to be admitted 4th June and managed by GIS
And all hidden in the middle is John Gun Director of GIS and INSP.
Palumbo is as corrupt as they come and the company he keeps ain't much better !!
Teens is doable if you have patience, 2027 onwards I suggest.
My average is in the teen's so ive no hope of recovering no matter how long i hold...
Blimmey 59. Worth a punt I hear you say!
At last reckoning I calculated my 'punt' which cost me £30k+ is now worth around £700.
Punt that one if you can. As for hold? is there an alternative??
2£ haha. Sorry. I meant 2 pence😂 if it got to 2 quid a share, I would chuck in 5k at 10 pence a share. Thanks.
£2? Certainly. Probably mid-'25
"60m will clear in 3-4 good days, probably around the time equipment orders come through for the US projects."
on what do you base this statement, the average volume in the last 30 days was 3.68M (and that included last weeks pump and dump) so we can expect at a minimum 17 days of "average trading" in order to burn through the 63M
Simms, sorry to say your statement is false and misleading.
it isn't 'upwards pressure is being sold into by someone' it's 'new shares are being bought from the broker (SCAP?) and only when the rate is greater than a certain amount will the SP increase (and then decrease if the rate lessens), until those shares are turned over'.
But carry on peddling - and we know you aren't invested, which is fine, but why make things up (that's the 80m lie and now the 'sold into by someone' lie).
I understand where you are coming from but even DP yesterday admitted venture funds selling shares into market and he admitted he did not want it to continue. There is a reason why we are held at 1.4, same as placing price, because upwards pressure is being sold into by someone.
Sells going through so far are all less than £10,
Buys going through most are £400 to £ 800
Will the share price hit 2 again with the current board?
Oh, to laugh or cry, keep the good news flowing.
60m will clear in 3-4 good days, probably around the time equipment orders come through for the US projects.
I lost count. When you throw in Pitcole and Altair and other venture funding its a lot of peeps selling into news. 60m shares will take some time to get through, and not to forget the 2m for advisors. DP knows precisely what he has done as he basically admitted it yesterday. Question is can market believe a word he says as this £850k was basically, as he told it, a random call on a friday night :)
Simms,
Total volume yesterday was less than 1%. So far today there are 13 reported trades worth less than £10k and yet you wrote yesterday that "we can see today the whole thing is being dumped".
No, we cannot. The evidence (so far) is there to prove that.
I just don't get why posters on these boards always suggest that whenever there is a placing, the shares are automatically dumped in the market to prevent any upward movement.
This is NOT the case.
The whole point of a fund raise vis placing is that the shares are offered to investors (usually already invested or those interested in the sector) who intend to HOLD.
No broker would offer shares in a placing to investors they know will sell immediately.
Come on, of course there is much to be frustrated about here, but the usual BB myths that are always applied to struggling stocks by frustrated investors and portrayed as the truth is just wild and inaccurate
You can't type a message using my phone on here, the pop ups keep coming and you press post message by mistake. LSE really need to change this
Listened to the T
Simms - you mean the 60m - try to get the facts right.
Looks like Verde cash was needed in the interim so not good they whelched. EQT should have binned them the day they didn't pay up and go back to the market then instead of now. I guess this ALSO proves that EQT can still raise from the market which means the situation must be improving otherwise they'd a) not be able to refinance last week or b) not be able to raise direct from the market.
GLA
It's only a game when compared to the real world situation, but I still believe this will come good.
A lot of eyes are on this which is a good.
Worth a punt and Hold IMHO.
Just listened to the TW interview with Dumbo.
It's clear that David has developed a "tell" when he is, shall we say not telling the whole truth. He inserts "You Know" into the sentence when he is bull s hitting.
I'd suggest you all take the opportunity to listen to the interview (will cost you £1.99 for 24 hour subscription).
There is also so very interesting detail regarding the EQT - GIS- INSP web of deceit.
I chuckled to myself when he bigged up the current holding of the CTO being close to 3% when after his shenanigans over the weekend Yeol's 2.15M shares will be less than 1%, the absolute idiot doesn't have a clue as to the degree of dilution he has overseen for shareholders.
#Vote_Dumbo_out_at_the_AGM
I agree investors should not pre-approve any further equity issue, and should make the new CEO come back to the shareholders everytime they want to issue more, so we don't repeat last weeks episode of Palumbo getting an offer of cash and being willing to sacrifice investors holdings at the altar of his ego over the weekend, just because he had some spare allocation left.
The smirking idiot is the most incompetent and actually dangerous CEO i have ever come across, he shows absolutely no empathy with shareholders, simply because his personal holding and that of his liar mate Vander Linden are worth less than a packet of crisps.
He just doesn't give two shi ts, You Know !!!
63M shares is going to take a hell of a long time to churn through, Dumbo's promise of a consolidation to boost the shareprice and increase liquidity hasn't quite turned out as we were promised has it.
Just got to chomp through the 80m overhang from todays placing and if anyone can trust DP not to take another friday afternoon call for some cash and not take it we will see. As he has almost no stake in the company his pay will be salary and bonus so for him diluting has been for last 2 years coming thick and fast. Just not sure i believe that if Verde come back the table from some pending litigation we might see DP take the cash. I would like to see all investors block the board from further dilution and make sure Eqtec rebuild from sweat and hard graft than dilute and spray. Hoping next 6-12 months DP is blocked from friday calls for a quick cash raise as we can see today the whole thing is being dumped.
Approx. 27p or over 2000% from here!