Member Info for aej22

Anyone still following this?

Have been reading the recent news releases.

Should be relisting anytime soon. Original price for admission of new shares was supposed to be £2.67…..

I heard he's been guest editing the newest edition of William O'Neil's book, with particular reference to the never-before-described "bearish microphone" pattern...

Q3 trading update due soon?

Thanks for sharing this link MRALF. Appears that the company sees itself with a 600 million USD market cap by end of 2021 (actually significantly reduced due to Covid), which is approx 4 USD per share. In the coming years it sees itself as a 5 to 10 billion company.

Senza, could you post a screenshot of said chart please?!

Total short positions now 3.49% after Voleon reduced last Friday by 0.1%…..

Esta - many thanks for sharing.

Were there any interesting questions and answers you think are worth sharing here?

RNS - AGM finished, all resolutions passed....

From memory it was consolidated at 266:1 with a planned price per share of 1.07 GBP before the reverse takeover.

As per RNS of 5th August...

"The Company's readmission process of the Company's shares to the Official List of the London Stock Exchange (by way of a Standard Listing under Chapter 14 of the Listing Rules) and to trading on the London Stock Exchange's Main Market for listed securities (the "Listing Application") is ongoing."

As of RNS on 3rd August...

"the Company now expects the re-admission of its ordinary shares will occur towards the end of August or in September 2021..."

Price action looking pretty good currently....
Broke out of a descending wedge (daily chart) yesterday with a close above, now pushing higher....
Fingers crossed this is a meaningful move...!

Glad to see my holdings in Chal will actually have some value soon!

I recall the opening price should be 1.07GBP from a previous RNS?

Are my eyes deceiving me or is this about to break out of a long descending wedge?!

I remember someone posting a while ago about the completion of a harmonic pattern at around 100p with an anticipated price target of around 160 ish..?

Approval granted for the reverse takeover to go ahead…

Finally might get to see some money back here by end of July!

Is it ex-dividend day today? Just wondering why the gap down at open and depressed price all day!

As a long term holder, its always frustrating to see a discounted placing, especially when you've averaged up over the past 6 months.

However, this looks like it could be the springboard for the share price to hit multiples of the current price by the end of the year.

Interestingly, from the chart perspective (daily chart), there is a gap that "needs" to be filled down to the 1.5 area caused by a gap up on the morning of 21st May. ...

Very interesting.... Certainly on the monthly / weekly chart you could convince yourself of an inverse head and shoulders pattern playing out, with currently just forming the right shoulder. Rise to 3 area should complete the pattern....

Forgive my ignorance, DerSack, but this presumably means the fund will be purchasing EQTEC shares from tomorrow? Is there any indication what kind of volume of shares they’ll eventually be aiming to buy?

Well, managed the aforementioned final buy this morning, just before the price ticked up from the low.... Hopefully that's gap closed and the last time we see this share price!

From the technical / chart perspective, we've possibly just closed a gap at 1.75 area (daily chart) created by a gap up on the morning of 30th March.....

There is actually another, lower gap, from 1.6 to 1.72 caused by a gap up on the morning of 11th March (daily chart). Up until now, all price actions testing downwards have bounced off this, so I wasn't sure whether this was one of those "gaps that dont have to be filled" scenarios. Watching carefully..... Have some of the wife's ISA to add to if we get to that point.... ;)

https://pbs.twimg.com/media/Ez5mWSlWQAATYHk?format=png&name=small

Hopfully the above link will work.... Actually I should have said bull pennant rather than flag...