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You may want to actually read messages you reply to. I didn't say I was worried for you. I said the reason the SP isn't rising off the back of what many would seem to be good news, is that "people" such as holders/potential investors might be worried about the fact £8.6m is a significant sum for a company that are not cash rich.
Why would I be worried - I hope there is a placing soon so I can make some easy money! I was just explaining the current SP movement as others were questioning it.
Not currently a holder here but this is good news for those that are.
I think the reason the SP is not shifting is due to the rather large figure of £8.6m. With Eqtec's history many will be worried that, even with £10m in the bag from the last time, further dilution for another raise will be required.
Only one thing to say this morning:
https://youtu.be/KNZH-emehxA
Can anyone with more knowledge on this confirm... looking at those early trial outcomes - the Avacta test is by far in a way the clear market leader in terms of sensitivity and specificity?
If so that is huge - so glad I held my avg. of 69p - this is only just the start - these results all but guarantee contracts so just wait until they land!!
That US growth in the year of Covid is quite frankly ridiculous. Considering the US represents by far the biggest opportunity for growth for F-T, that is a huge win. The UK decline is no surprise with constant lockdowns but due to the leading brand position this will bounce back as soon as hospitality opens up in Spring.
You really can't under estimate the power of strong branding - really pleased with those results and despite uncertainties I am looking forward to returning to growth in 2021.
By no means a long term follower here, but stumbled across this last week and it was blindingly obvious just how undervalued we are at these levels.
After conducting a little more research I took a fairly chunky position last week at 19.5p and it seems others are starting to notice as well. Will probably stick around as a short term trade until the 30's!
Still here! That message yesterday was in response to an obvious ramp - if you look at my other messages yesterday/monday, you will notice that I said that I was thinking of buying back in a little above my predicted 1.8p due to good levels of support at anything under 2p.
Also worth noting we are still well below the point I sold at so am very much glad I did so!
PHE hasn't retraced? Are you sure?
Check out the currently SP - they were 10p+ just a couple of weeks back and now sub 8p. If you look at their first big rise back in early 2020, the SP peaked at 4p+ and slowly fell back to 2.5p.
I saw this coming a mile off and put my money where my mouth is - now comes the really hard part - finding the bottom and timing the buy back!
Good post Banana,
This was always going to retrace significantly after such a huge rise off the back of 0 additional revenue. However, that isn't to say it is doomed. Any LTH should just sit tight now, I think the trade opportunity has almost closed and that this will settle within a few days - I initially predicted the bottom to be c.1.8p - after this mornings performance I think it may be slightly lower than that but still a bright future ahead once this turbulence has passed.
Sold a few days back @ 2.45p and of course I am now glad I did.
However, I said at the time my initial re-entry target would be around the 1.8p mark - think I may need to rethink this as support for 2p looks strong than anticipated - any dips below 2p have been snapped up almost immediately.
Think I will continue to monitor very closely this week and keep my fingers crossed for sub 2p re-entry.
If you put it that way, any announcement of a sale could be seen as deramping and any announcement of a buy could be seen as ramping.
I even stated my opinion that EQT has great future and that what I am doing is a risk! Funnily enough, if/when I do buy back in, I will also post my thoughts on here - will you accuse me of something then too?
Yep, trading is indeed a form of gambling, but I maintain that all forms of investment are gambling, some just carry more risk than others.
And yes, I am indeed an open book, and any long term posters on this board will know I am not one to ramp/deramp - just call it how I see it. As if anyone would take any notice anyway!!
Just sold my entire holding - but absolutely plan on buying back in... and soon. Think we will see a fall back to the 1.6p mark before rising again, a bit of a risk on my part I admit as I could well miss out if this does shoot up without any dips, but these things never move in straight lines!
I did similar back in June, sold at 0.8p and then bought back in at 0.4p after the placing - worked a charm last time so fingers crossed!
Possibly the reason these trades are so noticeable is that companies as small as EQT are rarely available on platforms like Trading 212 that offer "free" trading with a wider spread. Larger companies on 212 have larger volumes that almost soak up these unusually priced trades - whereas with EQT any individual trade is noticeable and causes a clear spike.
Just hypothesizing with this suggestion, but could it be the case?
Having first invested in EQT back in 2018 at 0.5p - I saw the SP rise to 1.8p and then collapse all the way back to 0.09p - the company even came close to delisting. I have long cursed myself for not cashing in.
Having eventually sold at 0.8p just prior to the £10m raise, I got back in at 0.4p and am absolutely delighted to see us above 1p again.
You may think I would be cashing in now after learning from my mistakes back in 2018 - but the EQT of 20/21 is a completely different company to the one in 2018/19. For the first time in a very long time, not only do we have several large projects nearing sign-off, but we have serious cash in the bank to execute them and a very capable leadership team.
With the world focussing more than ever on clean & green I can't help but feel this is the start of something big.
Hi lunsam - a good summary although I'd like to think (or at least hope!) I have a good understanding here - having first invested back in 2018.
Sold out for a healthy profit this year @.80 in anticipation if a placing - couldn't resist getting back in when it dropped to .40p and below!
Always appreciate insight into the technology though.