Member Info for Gotrader

No. They only have 3m debt and a 30m debt facility. Revenue forcast to rise to 146m this year. Brokers predict 14-15m loss this year. Closer to 11m loss in 2025. If big orders start to happen revenue could rise and SP should rise with this.

Presently they are trading as expected. Hence 20p share price here. If things go well next cash call will be well above 20p.

They have agreements with partners to help buy new tools. They also did a debt forecast in the last results.

I wonder if Lemos knew her from GF?

They were never going to under hit 115m. They had 30m of stock to clear. Some of that had to come back in H2. 21p is fair price for now. Seller in background but big funds still increasing stakes. Canaccord still buying?

Still on track to lose circa 25m. So hardly worth 100p. 2-3m ahead of broker figures. Figures hardly matter as long as they get the 2-3 revenue plan.

So 63m H2. So maybe base 126m for 2024. Brokers predict 146m.

Many posting in ADVFN. Be pretty hard not to meet such a low target here. Trading update in 1-2 weeks? If good share price should rise with Canaccord likely still buying. CEO made big buy in last 2 months. How much are all these new hires costing? Big plans. Let's hope it happens regarding huge orders coming in.

The only puzzle is who are they buying all the shares from. Or are they mopping up all sell orders. Or offering to buy out investors. Invesco finally only do 1m denomination trades.

Invesco might be selling again. 3x1m trades and lots of same times trades likely Canaccord. 2x 690k trades too. Reverse trades?

100% funds like cannacord are looking forward 2-3 years. fact they agreed the ceo bonus package shows this. it also gives an idea of where the fund expect iqe to be. given the dilution from the share issue 70p is not impossible. they have a long way to go for sure. i don't think anyone saw covid or russsian war coming. in fact it was during covid that iqe surged in price from 20-70p or so. if anything covid encouraged people to buy some goods whilst stuck at home.

i am not sure the share price will dip much. ceo seems very confident here. we know sales are at likely the floor already. the sp should really go up from here. if iqe start putting big orders for new machine this will be a good indicator. the diversification to gan will be another signal to the market. were likely a few years away from this new ev battery site.

when i first saw the 20p placing my gut was it would drift which it did. however the funds backing this share and ceo have forced it back about 20p. iqe at the share launch was suggesting the share was diso****ed at 20p. there is no big sell off at 20-21p. i think the overall market is recovering. so the dip in 2023 was likely a one off. i suspect 2024 will see strong sales growth. can they match this 146m target is another matter. it's not impossible if the stock in the channel has been cleared. if they are getting new contracts with 30% margins that will be good for the bottom line. sp next year will all be about sales recovery and future orders. i would like to see gf start making big orders. see what 2024 brings.

not sure we can expect much before january. if the firm is doing well i would expect little news for now. if there is a positive jan update then maybe the share will start to gain traction. for now cannacord will keep buying till they reach their holding target which could well be above 15-18%.

I think Canaccord are happy to mop up shares at 20p. Their average is much much higher. I think they take view sales will take off in next few years. Right people coming. They are likely ignoring current sales. Hardly matters if huge orders are being lined up. Ofc they got it wrong before. However CEO is so confident here. Sales hopefully slightly ahead. However it's what happens in 2-3 years that matter. Wouldn't be shocked if we get another holding RNS from Canaccord in next few months.

Someone fired off nearly 23 trades at 16.29 and likely did the 2 large buys at end of play too. What this tells us is Cannacord will have 10m trades or so in next few days.

Thankyou Stoater. I do like my details. Right now the buy/sell detail here is wrong as the time stamps are the same for 4-5 recent trades and pretty sure they are all buys. So I assume Canaccord fund responsible. I have watched Hales Hargreaves trades before so have some experience. If I had seen this at 14-15p I would of bought. Now were back to market value. Even Canaccord won't over pay here.

Will be nice when major shareholders page gets updated. Maybe we see that In December. I suspect lots of changes still going on here.

Think Cannacord still buying as the usual 3-6 trades all with the same time stamp. Already up to 1.1m.

My view is trading is still as expected and they are likely not talking to any firms about a major deal. CEO just seeing a share under valued and buying in. I think Canaccord are taking out sellers. Is this Invesco or is there other funds selling here?

If there was a trading update next week announcing huge new influx of orders I might agree. I don't think financially much has changed. Canaccord clearly have high expectations here and are happy to mop up sold stock. They have got it wrong before. At some point canaccord will stop buying. What is their aim? 20%?

Maybe these are the reverse trades?

He lurks on ADVFN forum.

@LLol -You need the positivity of Canaccord who are mopping up sold shares and happy to buy at 20p. I think they were responsible for 60p rise too last year. Sure collection of holders but they see something here. Now happily reducing their average. I think they may take on 15-20% here.

Canaccord still buying. Auto trades all with same time scattered across trades today.

It's working out if this bump is because a seller is now done. Or is it because Canaccord just consider this a big buy and are mopping up stock. 10m shares is 1% of the stock. Maybe 13-14p was heavily discounting the stock.

So who was the stock bought from? Will we see a large trade go through? Or was this a fund selling in background were not aware of. There have been a lot of automated trades here so be interesting to see what pops up. Invesco still have at least 11.9% at last time of reporting. Or has another fund been selling for last few months.

My gut is Canaccord are still buying now. So many auto trades appearing as sells that are actually buys.