Member Info for cminhinnett

Agreed Max19, contracts with sector leading parties such as NRL have to deliver increased revenues as well as increased exposure. Last trade showing as a sell is a little top-up for me as feel this is gaining traction.

Nice of the MMs to show as sells, maybe trying to collect some shares before the next leg up

PEEL have now gone 1.65 so only one MM left at 1.60

Personally I think that there is a large sell order being worked through, circa 5m shares. I do however believe that this has now been covered and we will start to see a move up from here

Agreed ontarget, hopefully beyond as well especially if the new CEO can do a better job of monetising the views when compared to the previous

Mozax, I would agree about the Big Sell Order, Bid is not moving up despite all of the Buys........ Would be great to get these sells cleared and then I feel it will move up nicely

Full ask being paid for last transaction and circa 3.7m shares purchased today

They are buys, look at the the actual spread at the time of the trade. Hence the Bid went from 0.55 to 0.60 very quickly

I am a LTH of Eqtec and have been shocked by the recent drop, created by rumours, lies of funding being withdrawn, business going under and this has caused massive nervousness within the PIs..... Is there Shorting? Who knows
The two most recent RNSs have shown that firstly there is still drawdown on the Loan Facility and that this has not been withdrawn, thereby the lender is willing to support the strategy, the small drawdown shows confidence in revenue delivery and receipt in the short term.
The second RNS confirms the impression created by the first RNS and proves that deals can be completed. A £2.5m investment to gain a 20% share of a business forecasted to be valued at £20m (£4m of it Eqtec) and delivering £4m (£0.8m for Eqtec) a year appears to be a very strong return for Eqtec and reinforces the commercial viability and attractiveness of the patented technology. The best bit being the investment is equipment already paid for, no cash needed and on top an invoice for £2.2m for other equipment and services with payments triggered very soon.

Therefore in summary:
Eqtec has access to funding
Eqtec is still executing strategy and is a going concern
Eqtec can secure deals
Eqtec can structure these deals so they don't need cash upfront
Eqtec will receive significant cash payments to further develop the pipeline
Eqtec has taken a firm step into US

Despite still being in shock, I now feel much more comfortable and the doom and gloom merchants who cause the recent crash have less to spread rumours and lies about.
I don't believe we will see 1p today, although I would love to be wrong.

You should be able to know what a buy or sell is, not have the MMs play it to their benefit

Big drop on the Bid to try to trigger stop losses but won't let much volume be bought at the Ask advertised

Shares issued to a service provider, small volume

Potentially yes, however if they are working on multiple contracts or MOUs that could impact the share price, they could easily be in a closed period and therefore have their hands tied.

And another 500k sold at 2.62p

B666, all the trades today have been buys as the MMs are offering 2.60 to sell. One of them was my purchase.

No comment on the 2 x £30k purchases just gone through?

Surely yesterday's rise is a positive as it shows what could happen if good news flows as the rise happened with no information from the company. Also if the rise didn't happen we would have still been around the 3p mark and the fundraiser would've been at circa 2.4p, as it is people have been have to invest a chunk at 2.8p, probably having had more insight than us, which surely underpins the faith / hope that the LTHs have. It's frustrating that they are ordering now, however better now than 2 or even 4 weeks time.

Only one sell so far today....... Despite the sea of red

Only one sell so far this morning, despite the sea of red

Which one ST?