Member Info for lordloadsoflolly

Tiger16 (aka Tigtig) - you, a plonker? I couldn’t possibly comment 😜

To answer your question - why the share dropped to 40p despite the placing at 20p? Maybe investors who secured shares at 19.8p will buy more now at the new knockdown-from-yesterday price, knowing they’ll be able to make a decent profit by selling their placing shares once allocated in 4 weeks’ time. Pretty much guaranteeing them a decent average down without ultimately bearing the risk of holding more shares than before.

Graffiti - you could try calling investor relations on 02920 839 400 or email investors@iqep.com.

But given the contempt they’ve shown towards PI’s over the years, you’d be wasting your breath and will - at best - just get a load of old flannel back.

Aquae - you said yourself (and I quote) “recent fund raises have included funding a sweetbiotix launch”.

If you don’t believe what the company states in their RNSs, why remain invested? And if you’re not invested, why keep posting?

JC01 - “Getting these questions in writing ahead of time ensures they can’t be deflected on the day.​​​​​​​​​​​“

I agree it’s worth submitting questions, both in advance - and in real time, if new issues arise on the day.

But this DOESN’T mean they can’t be deflected at the meeting. Many’s the time I’ve sat in on these live events, only to find my questions (& those of others) studiously ignored. So fingers crossed, but I wouldn’t hold your breath!

Maybe. Maybe not.

Past fundraises could already have generated enough funds for a Sweetbiotix soft launch.

Aquae - here’s hoping. Trouble is, that RNS is carefully worded.

If “partner constraints” could mean sales partner as well as manufacturing partner, it commits Opti to precisely nothing

They can simply blame said partner for additional delays.

Like I said, hopefully they’ll deliver this time. But years of dissecting RNSs has taught me to be cynical, asking “what’s the wirst this could mean?”. Rather than “this sounds good in theory”.

Following on from my previous post, from the helium buyer’s perspective you’d be more cautious agreeing any long term contract when prices have spiked and the outlook remains so cloudy.

Bit like do you fix your energy now when prices have already increased significantly due to global supply problems? Or do you wait a bit in the hope the conflict - and prices - eventually subside again?

Westgate - re-reading March’s FY results, I thought this part particularly relevant:

“There are a number of factors for the Directors to consider when entering long term contracts. Mainly that there could be a large opportunity cost of entering long term contracts at lower prices whilst there is potential for global conflict that could lead to drastic price increases. Ultimately the Directors are looking to maximise shareholder value and returns in the timeliest fashion without jeopardising the long value of the Group and will manage the liquidity of the Group accordingly.”

This probably part-explains their delay in announcing offtake agreements, though doesn’t fully explain the lack of any spot price deals to date.

ID78 - agreed.

I suspect there will be an SP-changing RNS before too long.

But in the meantime, maybe Hex should lay off tweeting stuff which tells us nothing new. All this likely does is make investors more nervous that there’s a production/negotiation hitch of some sort.

This part of the RNS is relevant “Helix will receive funding from the Chimaera Fund to support its contribution”.

Would have been interesting to know how much.

Nbe22 - a 15% reduction would likely recoup their original investment.

But I suspect SMT will want to crystallise a decent profit at IPO stage, before letting the remainder of their stake run in the hope of further future gains.

Meconopsis - I think that’s the pretty inevitable outcome, assuming the IPO goes smoothly.

They did something similar with Tesla & Nvidia when those two holdings became top heavy (albeit way after after IPO stage).

I used to moan about the periodic radio silences.

But I’ve since kept quiet & just seen them as a top up buying opportunity.

It’s quite possible something’s cropped up to cause an off take delay. Just as it was quite possible to read something sinister into things when the SP was on the slide in the mid-20p range just two months ago.

I topped up then, suspecting it was only a matter of days or weeks before an update landed. I topped up again just now for the same reason.

Not saying I’ll get the timing 100% right. But I’d be very surprised if a buy at today’s knock down prices didn’t look pretty decent before the year’s out.

Bigduddypump (sic) - filtered.

If I wanted the advice of a gambler (seemingly on a major losing streak for now), I’d ask for it.

Bye bye, BigDaddy.

Thing is, by the law of averages, what didn’t prove right before may eventually come good.

Whether any successes outweigh prior failures is the big question.

Personally, I find anyone odd who insists on setting out all their trades in advance.

Icarus - did I miss something or have you suddenly morphed into MidasTouch?

Aquarian - that’s the risk you always take I guess.

Sometimes it can be better to sell on anticipation rather than the actual news.

Trouble is, you never know whether this time will prove to be the exception or the rule.

I’ll be top slicing here again if the SP goes much higher. But that won’t necessarily stop the SP subsequently rising further still. Having bought most of my SMT holding 10 years ago around the low £3 mark, I’m happy to continue banking some profits, whilst retaining the majority as a free carry.

Icarus - I can only think turbulence has knocked out your controls.

One minute you’re nailing profits to reinvest into “hard assets”. The next, you’re flying even closer to the sun.

Houston, we have a problem.

Qd22 - I too have been here many years. Since 2013 in fact.

My advice would be to try to recoup your initial investment (preferably with interest!) on the back of any price spikes.

Sure, you may sell a bit, only to see the SP rise much further. But as any long term IQE investor will tell you, you can also easily lose money by sitting on your hands, awaiting the next big rise that somehow never happens.

Gasher - you’re welcome! £1? We’ll see - hope so!

I took a small amount off the table today, which had four bagged. The rest of that particular purchase - from only a few months back! - will now ride for free.

BaronGreenBack - good to read such an honest post. And glad you exited with a profit (albeit smaller than could’ve been). Would’ve, could’ve, should’ve, eh!

I’ve invested in IQE since 2013, buying in at prices between 13p & well over £1. We’re now finally above my average again, so I’ll gradually lock in profits, assuming the SP continues to rise. But I’m not in any hurry. Need to try & make a decent return on my money after all this time! Wouldn’t have thought that even vaguely possible a year ago. Funny old game this investing lark!