Eqtec Share Discussion Threads

[plenum206] 05/2/2021 14:04

That near 8mil a couple of hours ago didn't help ?

[juju44] 05/2/2021 14:01

Must be another seller about . Lots of buying but share price cant progress

[crosschris] 05/2/2021 12:22

In the interest of clarity and to avoid any confusion, yes!

[mostro] 05/2/2021 11:13

Going up you mean!!

[stevea171] 05/2/2021 10:03

Gerry Madden, Director:
Holds: 224 million options and warrants.
Sold: 25 million shares.

So he holds 9 times more in cheap EQT issues than he has sold assuming he takes up the options and warrants.

When this is digested it will likely be seen that one director is swapping out some of his shares to another director and using the cash raised for personal use after 12 years of straightened times forgoing salary whilst developing the company from 2008.

[deccer1] 05/2/2021 09:42

Going down now.

[aja2] 05/2/2021 09:32

Depends. In ITM's case they had recently received funding from Linde so it was inevitably going to increase further; I wouldn't have forecast the rate of increase and I doubt the directors would have done either. There are also certain times when directors can and cannot sell. In addition they all have good options which are likely to be at lower levels than where they sold at. In EQTs case, Gerry has over 200M worth of options that he can convert at a later date; he also had been salary sacrificing for a long time, something that ITM's directors had not been doing.

[nick of the north] 05/2/2021 09:28

New appointments at EQT. hTTps://www.linkedin.com/posts/eqtecplc_wastetoenergy-scaleup-cleanenergy-activity-6763380013996756992-rq0E

[arab3] 05/2/2021 08:47

Aja2 does that mean the directors don't know what's going to happen with the company ?

[aja2] 05/2/2021 08:09

Did you read the RNS? And as a poster stated on the LSE, look what happened to ITM after the directors sold at 60 odd pence just over a year ago; it doubled in a few months and it is now 10 times that since their divestment 15 months later at 670p. They also sold at 280p last year.

[aja2] 05/2/2021 08:05

MMs making the most of this news; what an opportunity to buy more at this level.

[pal44] 05/2/2021 08:05

Directors selling can never be seen good sign but hey hope the price now picks up GLA..

[soggy] 05/2/2021 07:59

Nice to see they were at pains to explain why Gerry Madden sold. But it perhaps explains the slight break on our meteoric rise over the past wee while. The market seems to absorbed his 25 million without much trouble, let's hope it absorbs this RNS as easily, and positively.

Always good to see a director buying 5.2 million shares - a real vote of confidence!

[coppertrader] 04/2/2021 20:33

EQT was 2.7% of mitons portfolio during the high on31st Dec. It was their third larges holding

[dougy1] 04/2/2021 20:22

This could simply be them de-risking. We saw it with a number of shares that did phenomenally well during covid first lockdown. Funds were in on the cheap and then nearly overnight they became 10-15% of the funds holding which is way too much for them so they sell off a chunk but remain holders. It means the fund is less reliant on that particular stock.I reckon this could easily be the case for EQT after the most recent surges.

[stevea171] 04/2/2021 18:56

RNS. Approx 80 million EQT shares sold by Premier notified late today. Explains recent weakness.

They have now reduced below 3% to a non notifiable percentage so hopefully that's it for them and the share price can now recover to previous highs on the back of further news.

[stevea171] 04/2/2021 18:56

Premier have a Global Renewables Trust that EQT may be a part of.

Premier milton bought shares at the placing back in July for 0.45p. So a quick turn at a great profit.
Even more likely that they will retain the 2.9% holding they are left with to run in the portfolio for the medium/long term.

[plenum206] 03/2/2021 18:34

And now we see the delayed sales which have pushed it down

[nick of the north] 03/2/2021 17:01

LinkedIn activity for EQT. hTTps://www.linkedin.com/posts/eqtecplc_why-choose-gasification-eqtec-activity-6762657007351689216-ld88

[bosbus] 03/2/2021 16:08

the 25m sale was not " people unloading those free shares" it was one individual sale just before the market opened.