The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
i think there are clearly defined rules under which a threshold is passed /criteria met that it then becomes a closed period. dont know them as not company director but assume companies can contact each other brief dialogue to feel out whether they are open to subsequent dialogue and it not be closed period. they may indicate future plans or share general industry knowledge/view without that point being crossed. imagine if it leads to sit down discussions or an approach only then would it mean are entering closed period due to considerations of plans etc.
no there yet but doesnt mean wont happen soon or further down the road. personally think it is inevitable. plus point in the current market wide falls owners are still not going to accept anything less than previous highs at very least. (as why would they)..boom still growing but more importantly so is the podcast market. completely different space to spotify or netflix in my view. sure they have struggled with figures and market cap but that podcast market and the subscription market netflix/spotify in are totally different in my view.
just case of sitting on hands for next few months. shares bounce back so quickly. at the time it feels like carnage when things are dropping but they do bounce back. this drop has nothing to do with audioboom.
look at independent trade body or advertising publications (that deal with podcasts) there is still massive growth in ad postcast / podcast space. chris akers on twitter always posts links to tech sector and podcast market news. a million miles away the challenges netflix are facing.
in fact does anyone have any share (just looking purely at the share price) that are doing well at the moment ? lol .
good luck all !
this has just occurred to me apologies if already been mentioned
i wonder if conversations were happening with spotify in feb (sky news announcement feb 13th) and around that time mr candy got wind of what abromovich was up to / and consequently did .. put chelsea in trust prior to sale. abrom did the announcement two weeks later 25/26th feb (Tobin sometines buys around then) . that month (february) is the only month i can see (although only just checked a few months around that peiod) when Chairman didnt buy his usual amount. he didnt buy any in feb.
it is wishful thinking yes..
could it have played out like that ?
nothing with audioboom has changed. annoying seeing the drop on paper though.
Opposing views are often a good thing but where this board is in my view different than other company boards is the frequency with which the same regular contributors repeatedly post day after day their misdirected worries or frustrations over an investment decision they have made. Yes Mr Bond is well paid. Yes the share price has dropped a load but come on.. how many times are you going to repeat yourself. Complain to the Board about his pay at the AGM no one reading this can do anything about it. (If put in his shoes most would accept that level of salary) . Yes most viewers here want the company to do well but if you can’t keep waiting to find out if this company ever comes (completely understandable if held a long time) .. .. sell your shares.. only hindsight will show whether that is the right thing to do! Grow a pair …. And stop moaning about the daily share price changes so incessantly, or a decision you made days, months, years ago and venting your frustrations so frequently on the board.
Negative posts about the company are fine but I think It would be different if the company detractors substantiated their views (that would add value to everyone’s investment decisions…so thank you to anyone that posts actual content) ..…. but they very rarely do. It comes across as just a worthless opinion (as it has nothing to support the view) which is done again and again and again… .. and so it comes as being done with the intention of winding other people up (many of who have a lot of money invested) .
Ade1234
Come on…. you can do better than just state the obvious.
Don’t keep it to yourself .. tell the board of the new tech company you know of that has done well in the past year. You know- the one you are comparing AFC to in your previous post.
Show everyone the credibility of your posts.
During that time period , which yes does include the worst energy crisis, have any developing fuel company/ similar sector company actually done well ?
If so we can all check them out.
Ceres down, Itm down similar amount to AFC. All are about half of what they were. Other companies working in alternative fuel space are also way down.
I take you point that it could be expected that the crisis should have been the driver for change. But across the sector that does not seem to be the case.
I assume it is linked to the wider macro issues - its impact on liquidity and investment appraisal decisions both new and existing . If this was not true some of the mentioned companies during the last year would have gone up instead of all going down. . Truth is they all seem to have gone in the same direction. Personally I can’t find any that have gone up.
Could have had money in BP and may have got 20% over the last year but didnt. (They are at different company stage) so don’t think that is appropriate comparison.
Do you know of any new tech companies in this space that have done well during that period ?
(From the tone of your message … just a guess but… would I be right if i said you bought at a peak and thought the share price was only going to continue going up and now you are starting to lose patience….because you never know it may continue to go down this year like others in the sector are doing )
Don’t forget to let the board know about which NEW tech or even relatively new tech companies have done well in the last year/ which ones you are comparing AFC to .
It is shame how it is often a small number of people repeatedly post about the same things incessantly - moaning about the same thing as though what they post will lead to change ! .. how much Mr Bond is getting paid or how the share price has gone down , or arguing with venom with the same particular poster who holds an opposing view .. .. … It does not make any difference ! You are complaining to the wrong audience .. complain at the AGM. Vote with feet and sell your shares.
But it would be better if you didnt use this board as some form of therapy.
Fair enough post every now and again and have a moan but come on ..… stand by the decisions you have already made or decide to make another decision and sell your shares and move on. Either you paid too much, bought too many or are fed up waiting to see if AFC become the company long term holders want it to be (that may never happen but repeatedly moaning about the same thing does change anything)
Moaning incessantly here dumping your frustrations multiple times a day on the board does not change anything. Maybe it is a clue that you should close the trade.
Yes it is a public board so people can post whatever they want as long as it doesn’t break the rules but come on… stand by your decisions or work on making better ones in the future…. But no need for the multiple daily moans… you are better than that.
Mr Tobin must be itching to buy more shares
i give it a week !
Opposing views are what makes these bulletin boards interesting.
Doing your own research is key.
Also don’t forget to use the filter button so you don’t see posts that go on about ‘the charts’…. ‘The charts’…
It does improve the user experience.
Have good weekend all.
Well done Wilbur265 on finding this company a years ago.
I agree the company seems to be making good progress. I think it is highly likely that the share price will bounce back to previous levels in order to allow the company to justify the future rights issue (if they feel they need to do that). This will be driven by justifiable progress in the development of the company.
It has been seen that with other companies that do a rights issue if they are doing it at a time of weakness the share price goes much lower than the rights issue price which is not as helpful for the company as the market cap part on their balance sheet is lower that it would have otherwise have been..….. so in my view they will only be issuing more shares in the future if the share price (driven by how well the company is doing at that time) has risen sufficiently to be able to absorb the reduction following a rights issue (and also they will want to do it when the share price is at a relative peak as generates more funds for the company )—— so I am not worried if it is a case of two steps forward one step back.
Just my view/ understanding on things.
Thanks for the information.
Not got the funds yet to get more but hopefully that will change in the next couple of weeks.
Does it state that a shareholder has sold some shares - they did hold 5.2% and now hold 4.9% ?
Am i reading it right ?
Appreciate the clarity.
(If so I think they have made a mistake… lol… it is surely going to bounce back when sector sentiment changes ! - Elon is taking over the world and he needs Volex’s help ! )
Swazers- the reason you get hostile responses is because of the tone and content of your posts. (You may not have the EQ to pick up that though… but I may be wrong. We will see)
This board should not be used as a poster for your ‘system of T.A’. (Fact)
If your ‘system ‘ or ‘charts’ were really any good they would not really need to be referenced if every single one of your posts (my opinion )
It comes across a bit like one of those YouTube adverts were the supposed Ex trader has made so much money now he just wants to ‘help people’ and teach others how to trade… well guess what everyone does when they see those adverts.
You repeatedly mention ‘your charts’ and your ‘system ‘ like you are some all knowing oracle.
Given it a EQT board… the content should just be about EQT. Not about how ‘good ‘ your charts are.
No one is interested in how many students you have helped or how good your charts are. Or your other business.
No one is interested in any of them.
you come across as one of those adverts that you see on YouTube where the supposed EX forex trader is now running courses because he made so much money he just wants to help people.
See if you can make a post without mentioning ‘your charts’ or ‘your students’
Post just about EQT … say something about the share price or the fundamentals but don’t post a link to one of your rudimentary charts or make reference to your other business. …
Post a view about EQT that is all this Board should be for.
Nice to see it back in the 20s lol.
Next stop £25
All we need is another nice set of results !
It is slowly creeping up ! (And long may it continue ! )
Congrats to anyone that bought over the last month.
Think need to keep context that in this climate loads / most the shares are going down. So personally I believe this 0.7p is not reflective of Eqtec just indicative of the times I can’t see anything that explains otherwise.. Anyone who still has shares in this… .. just hit on your hands give it three months Ukraine/ Russia will be resolved and things will be back to normal and the share price will be based on what EQTEC is doing or not doing. (Before then It may go to 0.5p … but that doesn’t matter…… thankfully there are no margin calls to make … it only matters if you sell at the low… …. .Post turbulence they will bounce back…… only my view though- I choose to believe as reasons I bought still remain)
When the COvid hit in 2020 the ftse dropped to 5000 and look how quick that recovered. It nearly hit 7200 a few months ago (nearly 50% increase)
(Caveat .. as Phil01 said… “don’t listen to what anyone says on a BB etc. Form own view…etc…. Which includes my posts ! Lol)
Sure on paper for a lot of people they shares are worth less than they paid for it.. and maybe they could have sold them for more and “protected the gains”
But that is ever thus when a share has fallen ! If the share price has gone up instead of down the same actions would not be deemed so clever in my view.. Smarter people than me say “you should run your profits and cut you losses”
But not when the whole market is dropping.
Sure if the underlying company has changed or the assessment made was incorrect then get out of the position.
And Audioboom are highly likely to continue to do well.
Continue to creep up based on company performance and then maybe in the future the bid will come in. Candy and Co. like a good pay day. WIthin a blink of an eye it will be back to where it was and approaching 24/25.
I am choosing to think that any big gains I would have got from a buyout last week would just be put in some other shares that are out of favour at the moment but… Maybe they will be even lower in ? Months time. No reason why not.
But I hope one or two of them are !