Member Info for MacF1

It’ll be nice to get beyond the last open offer price and over the 2.5p threshold which I think takes a lot of us long term holders back into the green.

I agree that at this stage the SP is somewhat insignificant, but it’s certainly nice to see a positive SP rather than a ridiculously low one that makes QED look like it’s priced to fail.

Fantastic news, long awaited but wonderful to have finally delivered on their promise.

Hopefully this is the start of a new beginning for Quadrise.

I could see a spike up to 20p happening, but it’d need an awful lot of capital inflow.

PharaohRocher

Today 09:34

Posts: 183

Price: 1.40

I’d like a firework-esque mad spike up to…pluck a figure out of the air…48p

Ok. Need to look at the data these days. An SP of 48p would mean QED has an MCAP of about £700m. That’s double the MCAP achieved at the peak of the Mersk boom.

Im not sure that’s going to happen unless something substantial occurs, like MSC actually signs a contract to use our fuel on multiple vessels.

There was a £150k buy an hour ago too. Lots of seriously big buys going through. I’ve said all along that Argo will move big time when things really get going. 25% days all over again. Fingers crossed.

Salary cuts (and suggestions of them) might just drive people out of the door. They’re not helpful unless the individuals themselves suggest them, which they rarely do. The last thing we need just now is staff leaving.

The OO was never going to be fully subscribed when the SP was below the OO price.

I seem to remember a previous OO that attached warrants to make it more appealing to investors.

I think if we subscribed to the OO, for each 10 shares we got a warrant that was exercisable at 7.2p from memory.

It’s a shame they didn’t do something similar this time as I’m sure it would have meant we raised excess cash.

It’s all down to the QED team now to get this done one way or another.

Hopefully it’ll head to £3.30. Lolz.

70p will do me. Spent two years thinking I’d lost everything so getting back to evens will be amazing.

Good luck to all!

(Yes, in hindsight I should have sold ARB and bought other stocks ages ago. I’ve added a lot of funds to other miners but have never sold an ARGO share yet)

Hold on…..I’ve been away for a while……has Chaebol turned bullish on Argo??

Following on from my last post…..I’ve just realised that to fully subscribe to the open offer would currently only cost me an extra £0.004 per share. Based on the open offer price of 1.25p and the current bid on HL of 1.21p.

So if you own 1,000,000 shares, you’re looking at “losing” £40 by either selling your allocation amount and subscribing to the OO or by adding new funds.

Doing this rather than doing nothing will make it far more likely that your one million shares might be worth £500,000 one day in the not to distant future.

Got to be worth the punt I’d say.

We’ve been in this long enough. Let’s try and get it over the line!

It’s going to be seriously difficult for QED to raise much cash in the open offer now that the SP is lower than the Open Offer price.

It’s a massive shame.

Most people would be very happy to support the company and help them get to commercial success, but most are unlikely to buy at 1.25p when they could buy ordinary shares just now at 1.21p.

I’ve had a sell set at 1.25p since the day after the placing was announced, but it’s not filled yet. I don’t have new funds in my SIPP or ISA accounts to be able to buy additional shares.

It’s a real shame that the SP tanked to below the Open offer price.

To save some of you the time in messaging or calling Hargreaves Landsdown about the Open Offer…..I’ve asked them this morning and just had the following reply.

“ Thank you for your message.

I can confirm that we are aware of the Quadrise plc open offer. We are working on adding your entitlements to your account and simultaneously sending a notification with full details of the event, with a facility to participate via our website. This can take some time to ensure we are sending detailed and accurate communications to clients.

Please be assured we are working on sending you this as a matter of priority. Please also note that the deadline for participation via Hargreaves Lansdown will be noon on Friday 21 July 2023.”

Ouch.

That is all.

Plus, if they get the funding sorted and then do the trial and sign an agreement, the SP is free to explode without any worries about the company running out of money just before they hit the big time. A raise then would appear far more destructive than doing it now IMO.

Horses for courses. In the longer run this ought to be seen as a gift for shareholders and investors. I expect it to be heavily oversubscribed.

Great news. Quicker than I was expecting.

Let’s hope they can get a slot for another trial soon.

I’m surprised that the SP hasn’t carried on going up all day.

Maybe people don’t quite grasp the magnitude of this news, and maybe they’re also aware that it’s news that is hinged on other things falling into place.

Once there is ink on the paper of a real commercial deal and proper revenue cash is paid into QED’s bank account, it’ll be off to the races!

Toby, please can you reply within current threads rather than create a new thread each time you post.

Thank you Sir.

Haha. Me too. Currently in a pretty good place with an average of 2.2p but hold far far more shares than I should.

Snapped up a tiny 33,211 shares on HL at 8am at 1.47p and plan to sell them this afternoon. First time in 12+ years I’ll have done a day trade on QFI.

Who the hell was selling this morning at 1.3p? They’re going to be gutted!!

Recent Share Trades for Quadrise (QED)

Date Time Trade Prc Volume Buy/Sell Value

12-Jun-23 08:01:51 1.470 33,211 Buy* 488.04 O

12-Jun-23 08:00:35 1.35 42,510 Sell* 573.89 O

12-Jun-23 08:00:30 1.305 3,820 Sell* 49.85 O

12-Jun-23 08:00:23 1.4694 272,219 Buy* 4,000 O

12-Jun-23 08:00:10 1.305 772 Sell* 10.07 O

12-Jun-23 08:00:10 1.305 46,180 Sell* 602.65 O

It’s not too late to average down this morning.

You’ve got one minute!

A price of 2p will look ridiculously cheap in 12 months, hopefully!

Maybe they e moved the investor call as they’re genuinely hoping to have something done by then that will lift the mood significantly.

Let’s hope so.

Was really hoping and expecting something fantastic in the RNS, finally, after 15 years of being invested!!

Not good, not bad. Just a bit longer to wait. I can appreciate the delays, it’s not easy getting big companies to do what you want when you’re just a little minnow.

I’ve emailed LSE to raise the issue of this old QED page now masquerading as our QFI home.

They replied within minutes and said they’d try to sort something.

So this page will hopefully revert back to the old link and the thread topics will all remain over there.