RE: Trading a LTH7 Jan 2021 11:48
PigGlider - I think you may be right here. Glad to see I am not the only one. Too many times ive seen newbies jump on a stock that has just surged and ramp it up to death only for it to drop to its natural share price.
My personal view on EQTEC is positivem I think they have a great product, great CEO and many projects in the pipeline but I can see a price adjustment happening until the next substantial news is brought forward or we get a positive financial statement in 6,12months on operations.
4/1 warrants were issued 12,000,000 New Ordinary Shares at a price of 0.25 pence per share and warrants over 30,773,543 New Ordinary Shares at a price of 0.33 pence per share have been exercised. The aggregate gross proceeds of these exercises receivable by the Company amount to £131,553.
We have also secured a 1 million loan from our biggest shareholder Altyr to be payable by the end of this year. So that tells me out net balance will be low this year. This year is very much a case of planting the seeds if all goes well we have enormous potential