Eqtec Share Discussion Threads

[craftyspeculator] 06/9/2024 08:14

why participate in a piddly retail offer at 1p when you can buy in the market at 0.97/0.98?

[skinny] 04/9/2024 12:19

Retail offer - now let me think...

[yump] 04/9/2024 12:13

I can’t imagine there will be a fire sale as there is nothing worth buying. If the tech was that great and viable, there would be more installations.

Waste to energy is for businesses with other significant income to fund it.

Name a small business that has growing installations and a clear route to financial viability.

For some reason I bought a few of these, even after losing on Hydrodec. Must have had a brainstorm.

That SAF business Velocys went the same way.

[marktime1231] 04/9/2024 12:04

Runway? As in catwalk?

Is that a subliminal message that EQTs residual assets eg the tech and IP rights are for sale? At what price? To whom?

More than a penny obviously.

Can't imagine there will be much demand from retail investors.

[stevea171] 04/9/2024 08:43

Another thanks to SloppyG, the accountant, on LSE:

"Well think I have answered my own question. Fully expect now interims to show opex is still out of control and they will have lost c€1.5 - 2.0m in H1 (Cash & profit). Consequently the logic net 1.5m will cover H1 losses and this raise pays their salaries for H2.

As said DP cannot lose. Each subsequent raise covers his package and allows the company to get their ducks in a row for an almost inevitable MBO at fire sale prices imo. Easy to cite macro economic environment when the RNS lands saying cannot meet their liabilities hence...."

[stevea171] 04/9/2024 07:41

Anyone still holding here was warned about another cash raise coming as H1 results when released in a few weeks time will show a loss that takes care of this £1.5 million and the company continuing to operate at a loss.

VDL's recent exit reduces the admin costs (they can't afford to replace him contrary to the BS in the RNS announcement) but going forward the company is still under water and heading for likely closure when this £1 million is spent!

[evilblues] 04/9/2024 07:23

David Palumbo is a crook. Or at best an unscrupulous halfwit getting away with daylight robbery. You shareholders need to get him out asap.

[bibdaddy] 04/9/2024 07:00

Heavily discounted robraise money for the BoD Christmas Party

[talldarkslim] 04/9/2024 06:49

Money received at last!

[talldarkslim] 02/9/2024 06:03

Still no news this is pitiful

[bibdaddy] 29/8/2024 09:06

Sold out...no belief left

[pa123] 23/8/2024 09:39

Yep, Eqtec doing Eqtec things. Is anyone surprised really?

[talldarkslim] 22/8/2024 06:09

And so it goes on

[talldarkslim] 21/8/2024 06:18

The silence is deafening

[bibdaddy] 21/8/2024 06:04

Still no RNS, this is appalling, no update no communication

[bibdaddy] 19/8/2024 08:27

Cheques in the post guv!

[smcl] 19/8/2024 07:19

Well its like when anybody is promised payment- only sure when money actually in the bank. So lets see.

[discojames] 19/8/2024 07:11

I think we have to be ready for the very real prospect that this money is never going to arrive

[talldarkslim] 19/8/2024 06:20

Get ready for the price implosion

[bibdaddy] 19/8/2024 06:17

No rns regarding the 2m.. unbelievable!