Member Info for Xophe13

Not a single RNS since 15th November. Expecting the worst when one drops!

I wish they would stop issuing RNSs . SP drops every time they release positive news.

Leaky leaky!!

Approx 50% funds under management are in US. So since Trump got in they have seen a massive spike . Their year end is December so expect great results to be released early 2025 with a trading update. £10 target I would say comfortably.

Looks like I was wrong. Good news that they are still prepared to throw money at this . Albeit at 13% interest.! Noticed another £500k due to be repaid in March 2025 so will assume another £1m around then at another 13%.

Liquidity improved not the Balance Sheet

If the write off happened in 2023 then that’s my bad. However, I will stick with my statement that the balance sheet doesn’t improve receiving £2m cash. It just turns from other debtors to cash. With regards using £500k to pay off debt that doesn’t improve the balance sheet. The P & L might improve with less interest to pay admittedly.

Sorry IPA but the balance sheet doesn’t improve. It stays the same. Cash at bank reduces by £500k and so do loans payable.

In fact I thought Logik owed Eqt £4m so receiving £2m will create a £2m write off

Surely the share price reflects the anticipated £1m loss for the year to May 24. Like you say, what’s happened since 1st June is the big question. It would be a big turnaround to stop the bleeding. How long can they be propped up by loans from Denham? No point in him throwing good money after bad.

Our MCap is £2.7m!! Are our licences actually worth anything though?

The 250,000 seller is back again!!

Someone is bailing out!

Doesn’t bode well.

Someone is topping up.

What next? The business model isn’t viable. No point throwing good money after bad. Either change the business model or sell up.

Hoping Webis take advantage of the plethora of sport starting to today and through the summer

Let’s hope you’re right Poppers

I feel like this is good news tbh, less dilution.

Someone with 453000 shares didn’t think so.

Idex signed for a waste to energy plant in French Guiana. I wonder if Eqt are involved??

£2m in the bank will do very nicely.