RE: Waiting for the rise14 Jan 2019 13:41
Reason the sp hasnt dropped as much as the shorters and derampers and these random ************* guys is because
1. nomad issue is a non-issue because EQTEC have already explained the reasons why (many companies have this issue) and that this will be resolved some time this week. Expect another 30% rise when nomad is appointed since you guys seem to bizarrely think this is an issue.
2. Every deal starts with an MOU/Letter of Intent. If you follow what Ian has been saying since the new team was restructured and he was appointed he has shifted the philosophy of the business to a results orientated approach and growth optimisation. obviously needs some time to review each deal, its viability and we can't have expected much over xmas period when most are on vacations.
It is the new year now, and he has released an rns a week into the new year pretty much highlighting that despite the short time frame he has had in the role of CEO, demand for our technology is at its highest and many opportunities are present, they've also stated that the loan terms are happily amended with the execution of contracts in mind which suggests contracts are imminent.
It is definitely not a punt for me. The safest and highest upside potential on aim there is. Ultimately, I agree with you that I expect a contract soon, and that the sp will at least double at the very minimum. there is so much upside I cannot disagree with the 11p target