The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I am no technological wizzard but you found that tweet almost immediately Tombo which I find interesting. I also think its interesting that you claimed to have sold your Metro shares and bought into SNG just before the rise although your first comment in this share was when the price was at 190p despite being a pretty prolific poster.
Thanks Salacious, I posted the 80s trail publication yesterday. To add to your response I think that because the formulation would be going straight to where it is needed rather than through the nose a much less strong mix would be required. The trial in the 80s was against the common cold which is generally not a killer but Covid-19 is and a little inflammation (even if there is some and I am not saying that there is) would be an acceptable side effect to save lives.
I assume that this has been posted before but it has been known since 1984 that Interferon protects against coronavirus. https://www.cell.com/trends/pharmacological-sciences/pdf/0165-6147(84)90509-1.pdf
That £16m market cap does not include the new shares. With the additional shares the MC will be in the region of £26m. Still, prior to the placing EQT was valued at £30m when the whole City knew the dilution was coming and as you say the debt has reduced and we have an additional £8m in the bank plus we have funding signed off for the first Greek project. The US lawsuit is a real fly in the ointment but it seems that the price drop has been way overdone.
You could not make it more obvious that the whole city knew about this placing well before it was announced. Blue Chip organisations do not roll up in the morning, see an RNS, do their due diligence and make a decision to buy into a company before 11am that day.
I must say that I was a bit annoyed by the lack of notice to PIs for subscribing to the offer. For no apparent reason my bank this morning didn't allow the payment to go through and whilst I was trying to sort that out I was informed by Primary Bid that it was too late. So much for existing shareholders getting priority, it was first come first served and the Institutions were well aware that the offer was coming. PIs at the bottom of the pile as usual.
Tylda, the only advice I can give is do not ever ever invest on the advice of a stranger on a share bulletin board. They are generally full of snakes and thieves who would sell their mothers for a few quid given half a chance although at the moment this board is pretty good. Hopefully one day this share will really take off and when the herd arrives you will see what I mean.
Aandi, I don't think your calcs are correct, the IRR is the discount factor required to bring the net present value of the project to zero, it should not be mixed up with pay back period. You would need to understand the monthly cash flows to work out the return of the project in terms of value. Lunsam provided some good analysis and the Arden report is very helpful.
Also don't forget that 12% is the return to the client, EQT will be able to charge design and O&M fees on top.
Yes Jettydog, it looks like EQT could hit their forecasts with relative ease considering the wind behind green energy and the capacity in the market. The future market cap obtained by this company when they do hit their targets will make quite modest investors rich and yet the sell on news brigade are out as usual.
I know it was there because PB emailed a screenprint of it to scare me into paying. I can't even remember if I entered my bank details or whether the estate agent entered them for me. Anyway, I don't give a cr*p what you think cyber I'm not invested here and will keep off this BB in future.
Anyway I have a 2 day old baby and partner to attend to in hospital so I can't answer questions for a while, I just took exception to the halfwit comment.
I think I had a time slot of 1.5 hours but once you hear the sales pitch, go around the house, have photos etc there is not a lot of time left to go through the contract and understand it. I didn't see anywhere where it mentions your statutory rights to cancel within 14 days.
You enter your bank details on the screen. There is a box warning of the lock in fee but I didn't notice it and it was not brought to my attention. I would just like to say in my opinion this part of the contract is not legal but I'm not a legal expert.