Member Info for martinu

Skid - it does seem like increase in vol/SP preceeded announcement. As you say, just based on numbers. All we had prior was the Annual Report which, to me, included nothing new.

As SOH was doing II before or at same time as AR perhaps they were persuaded by his positivity??

Well at least it wasn't undersubscribed! Do we have the most shares in issue of any company?

In a nutshell, its not clear to me. SP started to rise around time of Annual Report, but that was just confirmation of what we knew. SOH has apparently been talking to II recently. Further hope around SweetBiotix and joint development agreement signed with Firmenich (DSM). But nothing concrete suggesting imminent increase in revenue/margin/profit. To my eyes at least. But I'm no expert just held for a few years now. However sentiment does seem very positive.

Very low volume.

Skid - I'm a cyclist, but didn't know that. Would be a good tie up for LeanBiome too.

Great news and appreciate the extra info supplied by posters below.

Elrico - better get back in quick ;) And BTW, we've never met and we are miles apart politically but I have you down as a good bloke.

Would that not warrant an RNS?

No 1 for me, when putting my meagre amount into Eqtec was the idea of turning waste into energy. I don't have any experience in this industry so appreciate comments from those that do. I realise these big projects could take years and the timescale can be dictated by large partners. As far as UK is concerned there have been big macro shocks to the economy: Brexit, Covid, Ukraine. My main concern for Eqtec is funding requirements in these difficult times. From what I understand, any further fund raising (if needed) through placing could be hard to achieve. And loans will be increasingly expensive.

Fingers crossed we get enough revenue for the brilliant technology before finances are squeezed.

Agree. "Conservative forecast" and "well positioned to outperform". SlimBiome picking up well, it seems.

A couple of notes accompanying tables caught my eye. I really don't know if they matter or not. Any ideas?

Anyone know what "excess management expenses" are? Is it a regular footnote? Table 7 Corporation tax.

Also,this note!

"The tax losses have resulted in a deferred tax asset at 25% (2020: 19%) of approximately £1,156,000 (2020: £810,000) which has not been recognized as it is uncertain whether future taxable profits will be sufficient to utilise the losses."

Is this a concern?

Receivables up from £650k to £1.5m
Payables up from £500k to £600k

https://www.prnewswire.com/news-releases/csl-usa-inc-opens-new-fermentation-facility-to-produce-food-ingredients-and-cultures-bacterial-cultures-and-probiotics-for-use-in-dairy-food-dietary-supplements-pharma-and-agriculture-301572462.html

Agree, thanks for posting. The LinkedIn link seems to show interest in Netherlands, India.

Bit harsh! Probiotix was basically formed around the excellent LPldl, so it is not beyond the realms of possibility that a division/nascent company/spin off, could be formed out of SweetBiotix. Perhaps a bit early, but the sub-divisions of Opti didn't appear to be valued until listed.

Croqman - very informative.

Aspex - sorry don't follow? Which is my lack of experience in these things. Could you expand on "nominal 12p" point. Many thanks. MU.

Thanks to aspex

https://probiotixhealth-ir.com/news/archive/2022/140622

https://probiotixhealth-ir.com/news/archive/2022/140622

Scott - I too, would like a podcast on SweetBiotix setting out the hurdles that have to be cleared before a deal is done. And roughly how long for each.