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Ebioss have 330 million euros through their Chinese partnership. Whats 7/10 million between friends?
Guys if you're are right Enfield is massive and god knows how far the sp will go! Like a coiled spring which news on which development first? GL.
I agree with you, I think they have negotiated the purchase of the Enfield site, however Ebioss are waiting for approval from EGM before sealing the deal on this site. So much massive news to come post EGM.
Nice buying this morning! In regards to the Enfield site Could it be that Ebioss have bought this? I called Glennys and Savilles and both were unaware it was for sale. I believe (I may be wrong so please do your own research) Savilles were the last to sell it to Edmonton Properties for 7.5 million. Is it a private sale to Ebioss? If so its a game changer. Remember Enfield is bigger than Newry.
Pi's take positions before EGM Monday? News could come after close or tuesday then steady newsflow from the new parent company Ebioss whom mean to do big budsiness in the uk. (330m+ so far) GL.
Wait for the publicity after the name change and the announcement of the plans going forward. Then we'll see the volumes not seen here ever. The main thing is that people see that the entire game has changed for #REAC and they are about to become a mid-tier Green Energy Plant developer with support from China Energy. That information is now about to become public. Then we'll see real movement. I can understand people derisking but Friday and Monday will see many taking positions, so these sellers are way too early in my opinion. I've not sold one share because I want to see what Ebioss are going to do here. Very exciting.
Oh. and don't forget to factor in the dubious intent of the MM's to show an opening drop where in fact there isn't one!
Look at the trades around the time of these delayed ones. You can then discern what the likely offer to buy/sell prices were at the time.
Thanks Cliveas. How do you know? Genuine question - I'm new to this game and took red/blue at face value.
We seem to be seeing more volume...very interesting news to come after the EGM Monday.
is it on the move...
Mrteach all those trades in red are not all sells. In fact a lot of the larger ones are buys. GL.
Surprised and not surprised at the same time! Perhaps not exciting enough for the rainbow chasers at the moment. Seems no one can hold longer than a few hours let alone a few days until the news is released after the EGM on 6th. Game changing etc for this company. Ebioss have their own meeting on 13th but news should flow thick and fast re reacts own projects and Ebioss's pipeline of £330m. At some stage the herd will arrive and LTH will reap the reward. GL.
Likewise. Expected this to be making moves by now. Lots of sells this morning.
Likewise. Expected this to be making moves by now. Lots of sells this morning.
Can't understand why this share isn't receiving much interest with the forthcoming news. Any ideas why?
scythe, All the details are on the website,new MoA and AoA for Eqtec PLC. There will be no need for a suspension if the votes all go through. Ebioss take 51% and an EGM will vote through the issue of shares, a name change and also a waiver for the rule that Ebioss would need to make an offer for the rest of the shares in REAC. If you have lots of time you will find it all on the company website, lots of documents about this transaction. http://www.reactenergyplc.com/investors/articles-and-documents
any thoughts on the question in my last post on the logistics of the RTO thanks
Great - thanks all. So from our end we're all systems go going into the EGM.......EQTEQ has a great ring to it! Come on us.
Have a read of the RNS dated Jan 10th - it's quite lengthy and has much of the detail you are looking for.
Not sure but try their website. The AGM was not the important meeting re RTO that is the EGM on monday which I think some investors have confused and expected big news too early. GL.
Where can I obtain information (or the minutes) of the AGM. I see all proposals have been passed by shareholders....where can I find out what these proposals were? Thanks
hi groucho, so assuming the resolutions for name change etc are passed then as this constitutes an RTO would you envisage a suspension of the shares while a new prospectus etc is written and put together? or pretty much trading continues? thanks
Not quite. But great chart now. Sellers now set it up with a lower low and now for a bounce to higher high. RSI cooled off and set up for a big week into Monday's big EGM. Then it is farewell to REAC and hello to EQTEC PLC. Very nice position to be in IMO.
Back up we go. Jolly good. Flat or positive finish? GLA.