Member Info for Crocqman

Wow, I have just checked aandi's posting history. Same lengthy copy and paste 'analysis' across 6 different boards this morning before the open, all promoting EQTEC as the share with the greatest potential SP growth based on broker forecasts vs other 'green economy mark'' shares.

"The winner with a buy/strong buy indication was Eqtec plc with an average broker target 801% above today's share price".

Seriously, who on earth considers paid for broker research notes as an indicator of potential, especially with small cap shares. Ridiculous indicator even for FTSE companies.

He has really gone down in my estimation today with his absolute silence on this board today after this news, coupled with this awful cross-ramp on multiple boards

Very disappointing to go out for the morning and come back to this.
A fund raise is always a possibility, but still a kick in the teeth for those already well down before this happens.

Where is aandi with his thoughts on this?
Mysteriously quiet on this news, but I'm sure he will view this as overwhelmingly positive and just keep on with posting his out of date links to analyst forecasts of ridiculously unlikely SP targets.
My 12 months to 18 months timeframe is now looking more like 3 years plus for breakeven with the pace of movement here. Tech is sound but the rest is hugely disappointing.
Oh well

Unless there were prior granting of options, the first from the 20/12 announcement expire on 31/03.

Odd how we are not over 5p now considering those in the know were telling this was a nailed on clue that big news would be received before they would expire.
This, of course ignored the possibility that the dates could be extended which is exactly what the very same notification was telling us had happened to some previous options granted that had expired back in June 2022.

There is also a Director Repo that keeps getting rolled over too. Latest date is also 31/03. This has been rolled over 3 times in the past.

Options are not an indication of what is going to happen, or a timeline to be used to predict future SP's and news.
Some will continue to do so though
Just imo
gla

It looks a mess trying to read the table on my phone, but looking at the figures under section 7, it seems to be saying that their total holding has gone from 5% to under 5%.
Those figures seem a reversal of the TR1 figures issued on 17/3.
Maybe there is no actual change, just in how they are reporting their holding?
Or it is a rounding thing connected to the new TVR figure at months end?

I don't know why they have not given an exact figure under the headings, thought it was a requirement.
Bizarre

Another ThisisMoney article.
I wonder if this agreement means RR is with the scope for investment for the fund?

Still languishing at all time lows since launch. Maybe adding a company like RR would be a good move?

https://www.thisismoney.co.uk/money/markets/article-11870475/Rolls-Royce-receives-funding-develop-nuclear-reactor-Moon-exploration.html

Thanks HH.
I was reading 09/01 as being 09/03.
Tardy notification makes more sense.
I will have to buy some new glasses with profits from the expected good news here :-)

Trading volumes over the past week do not seem to support either movement through reporting thresholds, on 9th March, or today, unless we will see a large late-reported trade at some point.
Seems like a typical ANGS notification, unclear on the actual facts

I read it that the figures in the body of the TR1 represent the crossing of the 7% threshold as of 9th March (232m held), but that as of today, 17th March, they now hold 340m, or 9,2%.
The 9th March crossing notification seems to be late vs reporting requirements and Angus seem to be trying to fulfil the reporting requirements in 1 TR1 notification.
That's my take. Good news either way, as you say StarBright

That a previous major shareholder has increased their holding, perhaps?

Well done on Sire Du Berlais, Plutuq.
I had Seddon at 22/1 yesterday. Covered all my bets for the 4 day meeting and I'm guaranteed an overall profit before any racing racing today.
It has been a good few days of racing and a welcome distraction from waiting for news here and elsewhere
Good luck today

Do you remember when you could buy ANGS at 1.3p?
:-)

From the last RNS )20/02), we have figures for production capacity and a target of circa 80% in the near term (March).
We need some meat on the bones to back this up, so confirmation of achieving this target and a production figure for Q1 (for example) would help - perhaps we will see this in the first weeks of April.
The market will be looking for production results vs guidance.

Positive updates on the acquisition - it is more than 3 weeks since we were advised completion "in the coming weeks"

Confirmation of achieving the other aims announced in the 20/02 RNS.
There are several matters that the market will be looking for confirmation/satisfaction on and I would hope that we should see updates in the next 3-4 weeks. I do not see this timescale as unreasonable.

Presently, I feel there is plenty of uncertainty (in the markets) surrounding the last update, so achieving what they have already notified the market is a bare minimum to reverse the drop, although much of the recent fall can perhaps be put down to the global markets of late.
Market conditions are tough currently, so companies like TGR need to deliver on targets and timelines in order to generate positive sentiment and encourage investors to put their hard-earned money here rather than elsewhere.

Volume today is pretty poor. Lots to be positive and optimistic about here, but it is all about delivery.

SP is a disappointment, Close to 60% down here personally, and not in a position to average down as hold a decent weight here in my portfolio - big paper losses in 4 out of 9 of my small cap holdings, but 3 of those I am unconcerned about in the short term (one is a total write off, sadly), just a case of sitting it out.
gla

I will never get the obsession with shorts on these boards.
It is a small position by one firm (reportable). It has zero impact on the SP here - the share is not being targeted by shorters - and they will be able to comfortably close the position in 1-2 days on news should they want to.
With some $8.5bn AUM, this open short is tiny for them and they will not 'burn' however quickly this might rise on news.
It is not important, or relevant to anything going on here, it will just be a position for them at what they will see at reasonable odds in a fund with a strategy for long/short positions.

I have taken some profits here today to put elsewhere.
Shares bought sub-1p, and I now have a free carry to wait as long as it takes.
No SP predictions for me, I will just wait on news and see where it goes.
gla

Agree Foxyjoe.
It is all about building on this and getting some momentum with closing finance arrangements and getting sites additional operational.
It has been a slow process to get here, but hopefully they can capitalise on the tech with site visits at working plants to capitalise and help sell to future investors/clients
gla

Doubled my holding too today on this latest dip.
Still only half way to my target, but will need funds from elsewhere to achieve this - expected news never arrives when you want it!
gla

Added some more today.
Still only half way towards my target here, but getting there slowly
gla

I think you would find it very difficult to find a broker that would be willing to accept an 'actual' short position for a PI in a small cap stock.
In my many years on this board, I am only aware of 1 PI that has been able to take out a short position (UKOG some 3 plus years ago), and that proved very difficult for them to do.
A spread bet is different to a short position. Possible, I suspect, but not easy

Personally, following today's news, it would be a risk to bet against this now.
Just imo. Not advice. DYOR

That massive rise was an anomaly, achieved on hype within the sector, often seen with the next big thing and the scramble to get in quick (yes, I got caught up in that here and elsewhere), and often a false position given the size and progress of any individual company.
It is not a realistic benchmark to judge potential MCAP on as it was based on nothing.

Of course we would like to see it getting back to highs, but 2-3p within the next 3-6 months that was suggested earlier is pie in the sky. There is nothing in the pipeline currently to warrant anything like this in that timeframe.

After the big hype-style rises, the drop back tends to be hard and long (as we have seen) until such time that the company proves to the market they can deliver and generate income.
Today is the start of this, for me.
Successful delivery with Croatia and France, further closure of finance deals elsewhere and a proven record (on time and budget) will be what drives this forward now.

I always tend to be conservative with my SP targets, but see this a a much longer term play for growth. Let's see if this rise holds for now, and see what news comes in the coming months. 0.50 is more realistic for me for year end with Croatia confirmation and any other news, although always expect the unexpected!
I will still be considerably down at my target at 0.50, but today is a step in the right direction - this will not be a rapid growth stock, steady rises on successful delivery.
There is much to be excited about here, but not getting carried away
gla

Excellent news.
Good that this has finally announced, but even after allowing a wait for first electricity export to the grid on 8th March, I am still confused why they only announce this a week later. Moot point now.

Also good to see the positive SP response (so far) on this news. Although expected news, it is a welcome rise.
It will be interesting to see how quickly any refinancing deal can be arranged, and on what terms.

I still have question marks over the company comms and their out of date website (still no response to my IR query), but this success will hopefully be a catalyst for further growth and revenue over the next 12-18 months.
Onwards with Croatia, France, etc - North Fork is one I am looking out for with interest (Q3 for an update there?).

gla