A lot of the SP movement on AIM is sentiment driven. When Eqtec rose to 3p i wasn't complaining but i wouldn't have been able to have given you figures to have justified that price.
My feeling is, there was a lot of very short-term trading going on in the market, looking for quick profits. Since earlier this year, i think money has returned to income stocks in FTSE. And eqt among others has fallen back.
Finally, the revenue estimates and hopes for profitability this year, in the research note, are very optimistic, in my opinion.
Finally finally, i would be very happy for the price target of 5p (research note again) to be achieved but have no idea what timescale that would be in. We have to place faith in CEOs which is a big judgment call. And, as i have said before eqtec relies on successful (and expensive) construction projects which can take years!! That's why I'm keener on smaller projects, eg Greece in the short-term.
Part of the problem, concerning lack of news is some of us check our phones, etc too often. And, yes, I'm as guilty of this as others. I do agree we need some progress on actual projects, not more "agreements". However, as so much construction is involved, the biggest projects are multi-years in the completion. Hopefully the smaller projects and recommisionings will move along more quickly.
As for PB, it seems like a licence to temporary appropriate funds for their own interest (pun intended). In some cases.
Not unexpected. And not an enormous discount. NF in particular needs further finance, so i see us taking a bigger stake there. And we know that project is progressing. Possibly need to renegotiate earlier income from feed in tariffs though. But, TBF, DP will have to start completing on some of the stated projects.
Skid - looking at elrico's headings, it seems he covered similar ground to the Investor Meet presentation in April. This is available, free on YouTube. Obviously elrico's i/v will be a bit more up to date. And when eventually annual report is out, we'll get same. But a fair point