A Mistake ~23 Jan 2021 15:43
~ I have made before , is ALL eggs in one basket .
THIS time I am being a little more cautious for a number of reasons ;
I really can`t afford to make that mistake again .
I managed to acquire a reasonable holding at a price that I doubt we will ever see again .
I suspect that the Company `Might` just make a cash call into the future .
So ~ I am keeping my remaining powder dry while waiting to see how events develop .
Secretly , I AM planning to go `All in yet AGAIN` !
I believe that if EQT wish to raise additional funds , it will be for very specific development purpose , it is likely to be underwritten by a strong partnership and should be at a price advantageous to shareholders at that time .
Therefore , I plan to retain all existing share holdings for the time being , but should funds be required to support EQT `s development with a cash raise , I will sell everything to participate here .
Surely lightening would not strike AGAIN !
Of course it is highly likely that all the above may be totally unnecessary , as I suspect it is equally likely that the Company will attract a serious partnership to support their inevitable rapid development .
Next week should see the start of some very exciting news flow . I think that once this CC. is formally dismissed it will be the trigger for confirmation of a whole string of updates and possible new contractual arrangements .
A rerate in line with ~ or above ~ that of their peer group would seem inevitable .
Anyone got a suggestion for better growth opportunity ? !
VGLA .