Member Info for DerSack

I had mentioned it before, but I can't find the thread again: I try to track the warrants and options of EQT as good as possible. Usually I am very happy about every warrant that is gone. And I'm a big critic of the Employee Incentive Warrant Pool (Still thinking it was some sweet little director's self service). But at the moment, however, it is exactly these warrants that reassure me:

According to my records, 663 million warrants and options are still open. Of these, only about 50 million are with external investors. The other 610 million are with directors and employees. Most of them , currently over 500 million, are in the hands of only three persons:

DP: 196m @ 0.25p
YA: 98m @ 0.25p
GM: 157m @ 0.25p + 67m @ 0.67p

All three have a lot of skin in the game. At 3.15p, the warrants from DP and GM each had an equivalent value of almost 6 million, those of YA around 3 million, after deduction of the purchase price. They now only have a value of 2.5 million (DP and GM ) and 1.25 million (YA) left. And right now, if they would exercise, they could not even sell the shares for the current price because there is no market for such qty. Buying or selling only 30-50 Million shares would instantly move the sp up or down by 0.10 to 0.20p.

The radio silence makes me sick, but I assume they must have a plan. Nobody senselessly misses out on several million pounds. And from today's view, it seems like Gerry knew the plan beforehand and created some personal liquid funds to bridge the waiting period by selling his wage replacement shares earlier this year.

RodRod1, your hopes are fulfilled: The article quoted is from March 22nd, that dasy we were at 2.3p.

We know that primary bid shares have been issued on Friday. Still the number of shares in issue hasn't been changed and we didn't get a single TR-1 today. Looks like something is being sorted or deliberately held back there as long as possible. Maybe some bigger surprise within the next few days?

It looks like the new stocks have hit the market or are at least about to hit:

On the EQT website and also here at LSE, still 7.236 million shares in issue are shown.

But as of today, the London South East side "calculates" with 8435 million shares in issue and gives us a market capitalization of 131 million (= 8435 million x 1.55p).

There was a big trade on the Tuesday before the opening: 8. x million. That was then canceled Tuesday at the end of the day with the same time and replaced by an even larger one with the same time. And that was then canceled on Wednesday noon with the date Tuesday and also this time. The 13. x million trade looks different and is not reported with a delay:

03-Jun-21 17:08:49 1.55 1,327,500 Sell* 1.55 1.60 20.58k O
03-Jun-21 17:08:21 1.55 13,275,000 Sell* 1.55 1.60 205.76k O
03-Jun-21 16:46:29 1.575 1,327,500 Sell* 1.55 1.60 20.91k O

02-Jun-21 12:47:42 1.609 108,887 Buy* 1.55 1.65 1,752 O
01-Jun-21 07:51:13 1.504 -9,663,799 Sell* 1.55 1.65 -145.36k O
02-Jun-21 12:23:09 1.61 95,031 Buy* 1.55 1.65 1,530 O

01-Jun-21 16:26:22 1.615 578,365 Buy* 1.55 1.65 9,341 O
01-Jun-21 07:51:13 1.504 9,663,799 Sell* 1.55 1.65 145.36k O
01-Jun-21 07:51:13 1.50 -8,675,466 Sell* 1.55 1.65 -130.13k O
01-Jun-21 16:19:52 1.62 36,123 Buy* 1.55 1.65 585.19 O

01-Jun-21 08:56:49 1.63 250,000 Buy* 1.60 1.65 4,075 O
01-Jun-21 07:51:13 1.50 8,675,466 Sell* 1.60 1.65 130.13k O
01-Jun-21 08:50:00 1.625 1,000,000 Unknown* 1.60 1.65 16.25k O

I kept the trades before and after the big trades so you can see when they have been publicated.

It is marked as a sell, but the spread isn't big and the size extraordinary. I am quite sure the open marked will not see these shares again for quite a while.

I thought a little about why we haven't got a single Holdings RNS so far. In this context, I noticed that our number of shares is still 7,236m.

That explains why we don't have a TR-1 RNS yet. Altair went below 20% according to the "Results of Placing" RNS. I have no idea whether mentionin it there is enough or whether a standard TR-1 is also due for it. And if TB Amanti didn't buy, they should have fallen from 6.45% to 5.53%. So also a TR-1, right?

If they issue the shares tomorrow or even on monday, they don't have to say who they brought on board before early next week. And until then, someone is buying at low prices. An ordinary trade of 13,275,000 after the bell tells it all.

CB, not really. I believe DP celaned up and still cleans up and removes imponderables and contaminated sites. So far, I've been very happy with what happened. When I bought my first shares here, the whole thing was still an unmanageable construct, I read umpteen RNS to find out how many liabilities, warrants and other surprises were hidden here. Much of this is already nicely sorted now. Of course it took some time and money to get this point.

The buying of the IP and the overhaul of the old power plants is also part of the cleaning up process. It doesn't make a good picture if you want to offer the hottest technology, but you don't actually own it yet and, moreover, there are power plants somewhere in the south and east of Europe that are based on this technology and do nothing. Soon they will instead be cheap functioning reference objects that will also make money. It would be madness not to get them online as quickly as possible, even if it costs money, especially since they don't even have to create infrastructure for this. They already have network access and access routes. Which is one of the final problems at Nothfork: There are still some dollars needed to get it online.

Did I understand correctly: The money is gone first and then you have to hope if and when you will either get your money back or shares?

So far I've been annoyed 2-3 times that I couldn't participate from Germany, and consoled myself with the fact that I was usually able to buy more on the open market shortly afterwards at almost the same price.

The risk or scenario that you pay in your money, get no shares, and also have no chance of buying more cheaply on the open market because the money has not yet been returned, sounds like I won't have to think about PB in the future.

Today is the Feast Of Corpus Christi, a high christian holiday and a bank holiday in some countries.

https://www.lse.co.uk/rns/EQT/placing-subscription-to-raise-up-to-16315-million-719ggfee8fzaktr.html

"[...] (i) a placing of new Ordinary Shares ("Placing Shares") at a fixed price of 1.5 pence per new Ordinary Share (the "Issue Price") to institutional and other investors (the "Placing"), (ii) an offer for subscription of up to 200,000,000 new Ordinary Shares by PrimaryBid ("PrimaryBid Shares") at the Issue Price to retail investors (the "PrimaryBid Offer")[...]"

Garry, one of the features of Extreme E is that the energy is generated and stored on site. This was even highlighted as a feature in the desert race because you didn't have to transport large amounts of hydrogen through the desert.

Mobile ammonia synthesis would probably be too complicated.

The price:

The price was artificially kept in the range during the past weeks. When the price has moved up, Arden Brokers were almost always the first to move the Ask price down. I now believe that 1.5p was firmly planned and offered to investors, and in principle only the percentage for the discount in the RNS was adjusted. At a rate of 2.0 there would have been 25%.
This probably also clarifies where new shares for the MSCI listing should come from on last Friday.

Primary Bid:

I think the full 15 million shares were already promised and taken. From my point of view, the primary bid was only a backup in case someone jumps off. And to caress the soul of English private investors. In the end, the planned 15 million was achieved as planned and without primary bid. And then, to get out of the primary bid offer in good standing, they oversubscribed it by one million pounds.

Sounds negative, but it isn't:

There is obviously a plan that will take £ 15 million. And selected investors who were ready to get in at a price of 1.5p. Whoever wanted a piece of the pie could not easily have bought a corresponding amount of shares on the open market. I hope we brought "the right people" on board. And our DP and brokers will soon move it up for them. Or just let it go, which should result to the same.

Primary bid got just 66.7 million shares. It's nice that there are so few. Hopefully, those who were already invested received preferential treatment. Unfortunately, as a German, I couldn't take part. Primary bid was my biggest fear. In my opinion, the sticky hands and the traders will be roughly in balance here, i.e. around 30 million to traders. This means that if 30 million stocks were flipped only 1-2 times, the market would have forgotten the placement. Hopefully the IIs keep their feet still.

Now it will be interesting to see what exactly will come next week. I hope for an RNS with someone who can move us forward and who has taken more than 3%.

GM on the way to retirement, IP secured, IIs on board, pockets full of money. DP has once again cleared a lot of uncertainties out of the way and once again brought EQT one step further from an “almost bankrupt” booth to a functioning company with sought-after technology.

Just my 1.5 pence :-)

Let's go, the journey can begin.

Seems to be a new slide in the "EQT Twitter Rotation". We alrerady had a similar tweet six weeks ago:

https://twitter.com/eqtec/status/1381525139620302849

Dont't know if they buy themselves. But they create indices, which are then set up by their customers, e.g. fund companies, as funds or ETFs. And if these are physically mapped, shares would have to be bought. The market is currently short of sharea. If a fund “has to” buy because of this, this could be the trigger we are waiting for. But just an idea. Maybe nothing happens and we wake up next week and are as poor as today :-)

Only two more sleeps :-)

"The following are changes in constituents for the MSCI Global Micro Cap Indexes
which will take place as of the close of May 27, 2021.
[...]
MSCI UNITED KINGDOM INDEX
Additions
[...]
EQTEC
[...]"

Today I noticed that the marking as "Buy" or "Sell" differs between the free account and the L2 account on this page. The reason for this is obviously that the spread is updated regularly on L2, while the spread on normal accounts is only updated every few minutes.

Examples today:

Ordinary:
21-May-21 16:29:56 63.10 4,177 Buy* 62.90 63.20 2,636
21-May-21 16:29:41 63.00 656 Sell* 63.00 63.20 413.28
21-May-21 16:29:39 63.10 25,296 Unknown* 63.00 63.20 15.96k

L2:
21-May-21 16:29:56 63.10 4,177 Sell* 63.10 63.20 2,636
21-May-21 16:29:41 63.00 656 Buy* 62.70 63.20 413.28
21-May-21 16:29:39 63.10 25,296 Buy* 62.80 63.20 15.96k

Not AFC related, but maybe interesting. When it comes to the buy / sell discussion, depending on the account type, we don't necessarily all see the same.

So you're less bullish than me. I'm still hanging on to my hope of GBP 3+ by the end of the year. Except for the fact that there are no real orders here, everything is just perfect. And ABB orders for next year are almost certain, so it is a no brainer next year.

But my gut tells me that something will happen before that, hence my high expectations for 2021 already. There is really no reason to be too humble: We didn't sell much last year, or this year until now. Not easy to sell less, so the bottom should be 50p. Our current share price is news driven and justified solely by what we expect from our partners. And We had several ggod news and with every big partner, expectations rise.

The past few days, large amounts of shares change hands frequently, and many shares seem to be in sticky hands. At some point there will come an event that suddenly increases the demand for our shares, e.g. an unexpected order. And if there are enough stocks in sticky hands at that moment, it won't just go up ten or twenty percent. That is what I am hoping for in short term.

Come on, that was ten days ago and you said: tomorrow.

Can you already make a prediction for the end of the year so I can tell my children what to expect by the end of 2030?

Cheers & all the best :-)

If I hadn't ruined my original average from last summer by topping up between 2.0 and 2.4p, I would top up now. The only thing I am sorry about is that my money could have bought me more shares if I waited until now.

But my next big milestones aren't Wood or Billingham, so I'm very relaxed when it's very quiet around wood:

Lately it has mostly been Deeside that has catapulted us high, and that's where I have the greatest expectations. Deeside becomes our reference. If that works, then everything is fine. Good news about this would be nice, but with the size it may take time.

The MSCI thing is new for me, so I'm looking at it with excitement, but I can't yet assess it. We'll know more at the end of the month.

And after Carbon Sole finally forwarded the requested documents to the Clare City Council last week, things can continue in Ireland. The deadline for the granting of approval is currently July 6th.

Last year the start in the green sector started towards the end of May, then everyone had forgotten the bad results of the previous year and everyone was looking confidently (and a little greedily) to the year after.