Member Info for Crocqman

PM,

HY results must be announced within 3 months of the period end, so we will see them by end of December (29/12) otherwise the shares will be suspended again. What a disaster that would be.

Hopefully, some clarity regarding cash and it will be received as positive by the market. Time will tell

gla

Longinvestor,

That was an Uncrossing Trade.

An Uncrossing Trade occurs in the after market auction and only happens when a buyer AND a seller agree a price to trade. This UT trade is both a Buy trade and a Sell trade

I have sold a portion of my shares here today.

I wasn't planning to, but with the decent gains made in the main exchanges of late, I have taken profits on some of my dividend paying stocks, and have used my losses here and on another position to offset for CGT purposes.

Still holding, still well down, but not totally done here yet. That may change in the coming months depending on how the markets perform in general over the remainder of this tax year (I am buying a house so will need to raise funds at some point in the next 3 to 4 months so will time trades based on minimising CGT for this year, or next).

gla

Good luck to all invested here.

With the good rises elsewhere today, I have decided to take some profits on my dividend paying stocks and crystalise my loss here in order to minimise the impact of Capital Gains for the tax year.

I will certainly be buying back in here, and feel that there will be plenty of time to do so before any decent SP moves.

Nothing to do with what the company is doing as I am more than happy with progress and comms (as posted last week), this is purely a strategic decision on my part.

gla

Agree DR777, volume is tiny.

A trade of 1k in value, whether a buy or a sell is not going to be holding the SP back in any way.

Volume today is currently showing as 349k shares out of a total share issue of 4.16BN !! It is nothing.

PI's seem to get too hooked up on individual trades, and the quoted direction is not a given in any case. Although a useful indicator if a string of similar sized (large) trades is seen, volume is far more important an indicator and it has not even come close to exceeding 0.5% daily volume in over 3 months.

This will not change unless there is material news. Daily moves up and down will continue until such time as we see something concrete, cash generating, numbers that the market can crunch and put a value to. imo

Not sure you can really say that there is a seller out in force.

Today's volume is currently well under 0.5% of shares issue and it has been similar for the past 7 sessions, barely breaching 1% daily volume twice in the past 2 months.

There may well be a one or more sellers, but certainly not indicative that someone is trying to dump a big position. Imo

Sometimes trades get booked out incorrectly. A wrong commission rate is applied or an incorrect account number. These are dozens of fields that need to be completed upon execution, so any number of reasons why a trade could seemingly be cancelled and rebooked with no apparent change of information from the required fields that are reported on sites like LSE.

There is no change to the time and date on the stamps for the 3 trades below, so I would say a minor, non-reportable field has been amended.

A trade report, which is what these are, may require a dozen or so fields of information, but the later transaction report which is the final official trade detail that goes to the London Stock Exchange must be correct, so any unseen changes in the background for the extra information required will still get reported as there has been a change to the final detail.

A bit long winded, but there are articles about Trade Reporting and Transaction Reporting, all part of MiFID II Regulations

The long time bond rating will have been preventing some investment too. I hadn't looked into this for a while but see that all the agencies revised their ratings in the last few months which should have opened up some doors for some funds

I've seen suggestive posts saying blackrock have sold so 'make of that what you will'.

The likely reason, imo (although everyone will be just speculating and have zero proof) is that the SP has risen to a level where it is too large a weighting in their portfolio vs mandated holding limits and so they have been forced to sell to stay within their internal mandated guidelines. A breach of any guideline would require action and in any case it would be prudent portfolio management to take profit and rebalance their various and numerous portfolios.

So many people on these boards seem to think that II's and Fund Managers should behave like a PI does when they are clearly bound by totally different parameters and have to act accordingly

Feel sorry for the genuine investors on this board looking for some actual company related content. It's not even 8:30am yet and of the 17 reported posts today by LSE, I can only see the one from Warrie, another infrequent poster due to the constant bickering of the posters I have on filter.

What a sad life it must be, getting up in the morning and their first thought is to spend all day on here publicly trolling each other due to their obsession with what is a pretty insignificant (at present) small cap share.

I have seen it on multiple LSE boards over the past 6-7 years and it really is unhealthy behaviour to be so caught up on something where the odds are stacked against success. Many of us do have that inkling that 'this one' will be different which is why we invest, but to be so consumed by it to spend all day, all night and weekends too on here is pretty desperate stuff.

Oh yes, 'saving other investors from misinformation'. How altruistic

Good luck to those watching and waiting for some actual news. No more posts here for me today (I'm sure some will rejoice at that)

Sounds like they may be hedging their bets :-)

Just looking back through the IQ's on the Angus website.

According to their answers, we can expect updates on multiple fronts before year end:

Refinancing ('confident' by year end, but no later than late Jan when 6m bridging facility matures)

Update on storage at SFB (talks with 3x interested parties)

Balcombe appeal result

They are also reviewing strategy for 2024 to include items such as:

Comms and media

Brockham

Balcombe

Guidance for 2024

General asset evaluation, future strategy and company reorganisation (staff)

Fully expect updates on everything listed before the end of Jan in line with their own guidance, so a potentially news rich 8-week period.

Additionally, we should get a Qtly production update in the first week of Jan.

No excuses for delays, or failure to update id they want to show the 'new' management is serious about driving ANGS forward.

gla

Agreed, many a small cap could learn from the comms here.

Realistic with timescales too.

Keep up the good work

Disappointing if true, but not surprising.

The company has been telling us Q4 for progress on this and I was hopeful that this would be one that came to fruition when expected, as this, along with (good) Italy news would be the much needed boost for the SP.

So, that really just leaves potential Italy news in Q4 for the performance improvements, but will we see news on that this year, or in Q1 for an update?

Reading back on the HY results, everything is either in the pipeline, subject to approvals, or delayed due to financing, litigation or other 'unexpected' delays. All out of EQT's control, of course.

While I appreciate it has been a very difficult economic climate in which to try and grow and get new projects off the ground, you could be forgiven for asking 'Why always EQT'.

No, Plutuq, I do not have you on filter. You are one of the more rational and level-headed posters on here.

Addison also not on filter.

That's pretty much it for the more regular posters.

As said, I don't look in much now in any case and I'm sure others have lost interest in this board and gone elsewhere too.

Last post for me here today

gla

Not looked in here for a while (quite understandable, really)

I see that it is still the same handful of characters on one side of the fence making the same accusations and abusing the same handful of characters on the other side of the fence. Rinse and repeat.

Why can't you guys give it a rest. It is truly pathetic and just shows you are all far too emotionally invested in this share.

You are not saving anyone by repeating the same comments multiple times a day. You are not influencing the decisions of an extremely tiny percentage of the shareholder base that exists on here to make investment decisions with your tiresome arguments, and you are in no way having any impact on the SP, despite what you all seem to think.

Take a day off.

I guess it is just an amusing game for you all to spend all of your time goading and riling the 'other side'.

Do you really not have anything better to do with your time?

I am now putting all of the usual suspects on filter. What a dog's dinner this board is. Embarrassing stuff, Jeff

Oldfool,

What is the significance of the 30 days since the last Director buy?

It seems to be a common misconception on these boards that Directors cannot buy (or sell) if there is significant news, or that any Director buy (or sell) means there will be no news for 30 days.

The actual rule for Director buys (or sells) is that there is a blackout on Director dealing for 30 days prior to FY results and 30 days prior to HY results.

There is no other restriction on Director dealing subject to internal requirements, and even then they can be over-ridden in certain circumstances, subject to bod approval.

Director dealing does not mean no news

Fleeting mention within this article in relation to the fund raise.

"Good projects, assets or investment stories are attracting cash, those seeking working capital to keep the lights on are not."

https://www.thisismoney.co.uk/money/investing/article-12814911/SMALL-CAPS-Scancell-success-spell-better-fortunes-UK-fundraising.html

Italy news expected in Q4, so plenty of time for this to drop in expected timeframe.

North Fork funding update expected also in Q4. Still plenty of time on this too.

These are what will give the SP a boost as these will address the more pressing issues outstanding for the market (imo), and ongoing questions over management and performance. Sentiment may start to return with positive news here which leads to volume and SP movement.

How much the consolidation will weigh on the SP is still to be seen, but experience says it will not have much impact and if anything will likely remain a drag without good news. Down to the company to change this.

The win today is not spectacular, but important and is what the bod have said they are now looking to deliver on.

The usual posters will knock anything and everything, but for me, the 'new' strategy has been laid out over the past few months and this win represents delivery on that . Credit where it is due. More of this will do for me with the income generated so long as timelines can be adhered to . The jury is still out there.

But, still more to be done.

I am still well down, like many, but recognise what is trying to be achieved here now. If they deliver expected news on Italy/North Fork before year end and with Gardanne expected Q1 next year, then anything like today will only benefit long term.

For me, the strategy here now is clear, if unspectacular, but the right move for the future, so long as delivery continues and they can keep costs under control. I still intend to review my position here at year end, so will be looking for important updates when expected, but will not sell out if I see continued progress even if the road to break-even looks to be a much longer one.

My money, my decision, my eyes are wide open here and not over-invested.

I have the worst 2 offenders here on filter. They offer nothing but the same old, It is so boring

LSE regularly blocks access to 'rival' sites and ****'s out links to protect their own website, as you would expect them to do where advertising revenue is concerned.

Twitter links are ok to post here, but I suspect Telegram group links are not, it's nothing to do with keeping secrets or hiding information from anyone, imo.

Telegram groups are not for me though as they all seem to quickly ban anyone who presents any whiff of negative (rational) viewpoint on the company, with any proper and rational discussion shut down.

Each to their own, of course, and some good information does get shared on these boards from time to time