Eqtec Share Discussion Threads

[stuayres] 14/7/2020 14:30

Good post, thank you.

[volsung] 14/7/2020 14:28

Nice recovery today. Glad I got a few at .38

[rogerrail] 14/7/2020 14:01

Bloody Yanks, no scruples or business ethics! In using the term "vexatious" in its RNS it is clear that EQT views the lawsuit as a way of a competitor attempting to damage its prospects in the US through slander rather than it having any standing.

“vexatiousR21; means without reasonable or probable cause or excuse; harassing; annoying; instituted maliciously or on the basis of improper motives; intended to harass or annoy.

It should be noted that all four of the patents filed in the complaint were recent , registered since 2016 and two of the four were registered this year , ie after the commercial agreement was signed. Patents for long established technology in common use are usually filed to cover how the technology has been developed and packaged to cover a novel application. EQT have carried out extensive work in this respect going back many years and producing data on how its design of gasifiers perform. It is extremely unlikely that in its development it lifted detail designs from Aries as it would not have access to them, and it should be a relatively straightforward matter to prove that its technology is the product of its own R&D. In respect of the application , I cannot envisage for one minute that Aries can claim patent rights to biomass wood waste gasification.

I have no doubt the lawsuit will fail and in the meantime EQT will engage with its lawyers to ensure the legal situation is clearly explained to prospective clients' legal departments for what it is and to claim financial redress for any commercial impact from the filing.

[sharetalk] 14/7/2020 13:42

Price could recover strongly.

[sharetalk] 14/7/2020 12:50

It must be a buy at this level and the value it represents.

[stuayres] 14/7/2020 12:31

AIM is risky. But risk mitigated by business case, which remains unchanged. Don't invest if you don't want to.

[stuayres] 14/7/2020 12:18

Wouldn't that be nice! Would make up for a challenging few days

[miahkaysor] 14/7/2020 12:09

Back to 0.60 today???



nai,dyor

[stuayres] 14/7/2020 12:09

Starting to recover from shock... go on baby...

[wilsonst1] 14/7/2020 11:11

From Align Res twitter feed. Ref Eqtec #EQT Unfortunate news yesterday re US legal actin. Full note update and commentary to come. First flush assessment is that based on our forecasts for 2021 & 2022 that the shares now trade at less than 3 and 2 times EV:EBITDA respectively - we posit the "risk" re Aries ...is now more than adequately reflected in the stock price.

[m4rtinu] 14/7/2020 10:35

Filter, ignore.

[imjustdandy] 14/7/2020 10:35

A sharp rebound to 45 any day based on a spurious claim. We are clearly winning business hand over fist is the Yanks want to litigate. It might be cheaper for them to buy us out at 5p instead of wasting cash on a claim that's going nowhere .

[imjustdandy] 14/7/2020 10:26

Are you a mental case?

[hoper1] 14/7/2020 10:24

Halfpenny - do you suffer from short term memory loss - I think you have posted that several times already. We take your point!!!!!

[hsdeo] 14/7/2020 09:36

agreed so at 2.5 times still a good but, if you are happy to hold for 6months or so.

[aja2] 14/7/2020 09:12

Including the latest fundraising diluting the company, the 2p target equates to 1.23p; but then again the Arden note didn't factor in the £10M. Either way, significant upside from here if near term contracts are completed.

[hsdeo] 14/7/2020 08:53

The case will not impact Europe and that is where the majority of the work will be. At 15mcap and recent broker note of 2p in near term that would be 5x return. Whats not to like. I am fully loaded with 5m and will buy a few more if it drops below 0.3

[gspanner] 14/7/2020 08:26

As a PI its pretty impossible to work out whether the case has any merit and will no doubt be settled at some point as these things are - the RNS was combative as a negotiating tactic.

But it doesn't really matter since only N America. The share price reaction is no doubt due to the timing the day after the 'institutions' had bought in at a discount, so negative sentiment amplified.

Remains a hell of a lot less risky than those small cap AIM miners/oil companies exploring in war zones everyone is so fond of.

[m4rtinu] 14/7/2020 08:11

Gsp - only a steal for those with nerves of steel! I'm holding and hoping.

On Yoel Aleman. I saw some discussion yesterday suggesting he might have invented technology working in US but from his career history worked for Eqtec since 2010?