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There is an article in Greek newspaper Eleftheria,re inauguration of Larisa plant. Dated 18 Jun. Posted on advfn by aja. Link is difficult.
I have read and mostly looks like tape cutting ceremony. See what you make of it. Bit of work required. Google Eleftheria Greece. Search Larisa.
Have just sent this to agm@eqtec.com.
Dear Eqtec
What is happening at Italia MDC? Why has the handover not happened? And, why can't you treat shareholders with respect and keep them updated? Whether good news or bad.
Thanks
Martin U (shareholder for 3 years)
Oops try this:
https://www.linkedin.com/feed/update/urn:li:activity:7073947711284080640
Here is mine, just submitted.
Dear Eqtec
Given poor delivery against "imminent" events and poor communication to shareholders.
1. Would the CEO, CFO and COO consider taking significant cuts in salary?
2. Would the above consider resigning?
Thank you
Martin Uglow (shareholder for 3 years)
Ultimately Eqtec want to licence their tech. So being cynical, does it matter to Eqtec whether individual projects are profitable? Clearly it would help if they are! But I get the impression France and Germany seem happy for govt/tax payers to subsidise energy and new tech. Perhaps seeing the wider picture. In the UK, all Sunak and Starmer can talk about is building nuclear. And "renewables", which they don't elaborate on as their advisers haven't got a clue.
However, Eqtec do have to get to the stage of being "the Intel inside", as DP once described it. I am hoping they don't go bust before then.
I would be surprised to see Opti sell any PBX shares. There have been some fairly strong hints that PBX is to be developed and sold under new CEO.
On SBTX, if I was a shareholder I would be peeved at selling by Opti. But don't forget SOH bought original company for £750k. Even now Opti 's stake in that is worth a few million.
I wouldn't give up on Prebiotix side yet either. If, and ok big IF, what SOH told us in recent presentation about new partners, expansion in India and S Arabia and success in online comes to pass, Opti will recover.
Most companies on AIM will have had massive dilutions and be heavily in debt. Not so Opti.
Of course, this is all just my opinion. And in 15 years of buying shares, I've just about broken even! So...