I was a long term holder of EQT when the share price last bombed when shares were being given away like confetti to effectively loan sharks. PI’s were ignored and emails went unanswered. I sold out at a substantial loss. I’ve bought back in several times as a day trader to try and recover some losses selling out the last time when the price hit ,8
Everyone praises the new CEO he is just protecting his companies loan investment. Gerry Madden has been the FD throughout and oversaw the destruction of shareholder value. Ian price remains non Exec chairman.
If the SP falls back to .5 I will buy back in again but as a trader not a long term investor. Good luck to you all.
Agree Applegarth, think Greece needs to drop before any placing, although thought this was priced into the SP when in the 80’s. Bellingham is a long way off in my view. I will buy back in price drops to 6 or below or another MOU announced. For now Having sold at the last high I will watch from the side lines. At last the rampers trying to take everybody to the moon haven’t come back.
Keeping the positive, without Price’s over commitment . Be interesting to know how the project is being funded without the tax credits. The recent fires are going to highlight the need of more of these projects and once this gets the go ahead and is proven hopefully the momentum will be with this JV
The JV at Bellingham continues will probably take years, the US project is still progressing. The BOD could not have predicted the bush fires that caused the liquidation of the power utility. However this project is still progressing the recent RNS explains. Not for the faint hearted but I think EQT will struggle but most PIs are unlikely to recover their losses. Especially those who remember the day trader rampers promisingly us the moon.
It’s aim , company previously has a bad rep for misleading investors. New board and first contract funds due shortly. Once first US contract under way others should follow. Meanwhile expect SP to drift until first funds are in the bank.
I agree, no surprises, little spin. Good directors now in place with one contract in the bag soon to be revenue generating and should be more to follow. Good news for long term holders hopefully once a North Fork starts construction.