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GTC Getech Group Plc

9.875
-0.375 (-3.66%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Getech Group Plc LSE:GTC London Ordinary Share GB00B0HZVP95 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.375 -3.66% 9.875 9.75 10.00 10.50 9.875 10.25 411,147 14:00:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 5.07M -2.83M -0.0419 -2.36 6.66M
Getech Group Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker GTC. The last closing price for Getech was 10.25p. Over the last year, Getech shares have traded in a share price range of 4.125p to 15.125p.

Getech currently has 67,474,375 shares in issue. The market capitalisation of Getech is £6.66 million. Getech has a price to earnings ratio (PE ratio) of -2.36.

Getech Share Discussion Threads

Showing 4701 to 4725 of 4800 messages
Chat Pages: 192  191  190  189  188  187  186  185  184  183  182  181  Older
DateSubjectAuthorDiscuss
08/2/2024
07:20
As you suggested....
hutch421
07/2/2024
22:39
The terms of the share options are a sign of confidence. Directors buying shares would be even better
workingfromhome
07/2/2024
11:33
Great find Rivaldo!
32campomar
07/2/2024
11:23
Interesting post from GTC's LinkedIn a few days ago:



"Lamborghini detailed the extension of its decarbonisation strategy on Tuesday, making the electrification of its lineup the most significant investment in the history of the company.

We are using our Globe earth model to identify sedimentary lithium deposits, crucial for the burgeoning electromobility sector. Discover how our cutting-edge methodology is shaping the future of sustainable lithium mining:

hashtag#GTC hashtag#Lithium hashtag#CriticalMinerals hashtag#BatteryMetals hashtag#Geoscience hashtag#Exploration hashtag#EnergyT"

rivaldo
07/2/2024
10:31
Yes, my point is that the option holders have to pay 8p rather than the nil cost option often seen - obviously the share price then has to reach 24p before vesting. Which would be nice.
rivaldo
07/2/2024
10:05
Actually they can't be exercised until 24p. Treble current levels. That's to be applauded, it could have been set at a much lower level or even at 8p. A very positive step.
32campomar
07/2/2024
09:56
Indeed - a 24p share price would be rather pleasant.

In addition, (1) the new options are exerciseable at 8p and not nil cost, and (2) almost all pre-existing share options have been cancelled.

Hopefully these are all signs that the new team mean business and are at least trying to recover investor confidence.

rivaldo
07/2/2024
07:24
Nice to see an option which may only be exercised if share price increases by 200% - shows confidence
wooster4
30/1/2024
20:44
Updated Corporate Statement...

"Historically, Getech generated 90+% of income from the oil & gas sector, whereas this proportion now stands at 66% as new demand for our services across a much broader corporate landscape increases. This demand for our services is being driven by the energy transition to clean energy, as companies need to locate new materials and find new sources of energy. They also need our data to know where to look for them underground.

According to a non-profit net zero tracker, 91% of the global economy is now covered by net zero pledges by corporates. Government commitments globally have further boosted the market led by the US Inflation Reduction Act and EU Green Deal Industrial Plan, reinforcing the ever-growing demand for subsurface expertise.

There is no line of business that will remain unaffected by climate or energy challenges and Getech is well-positioned to assist, providing its expertise. Getech’s competitive edge comes from spending the last 30 years meticulously collecting data, refining analytics, testing hypotheses and building relationships. We use AI and machine learning in our work, but our core strengths lie in our unique data and exceptional team with the knowledge and vision to use that data to address specific energy challenges.” – Richard Bennett, Executive Chairman

playful
29/1/2024
20:07
AIM is notoriously leaky. News due?Or just a technical rebound from a hugely oversold position ? Either way it's most welcome.
workingfromhome
29/1/2024
13:06
Good recovery
book5
29/1/2024
12:23
Whatever it is, the chart is transformed.
32campomar
29/1/2024
12:11
What's happening...?
chrisdgb
22/1/2024
10:02
Think the book value was about £2m., has been up for sale for nearly five year, poor price, looked at the place three months back, there is not a lot one can do there. Nicholson House is a contemporary building attached to the Grade 2 listed bit, and out front you just look on to sloping waste ground down to the woods on the edge of Roundhay Park. There is a residential estate above the property, but development potential poor, hence the low ball price.
bookbroker
22/1/2024
09:21
given how long it has been up for sale, it's probably market price. TBH I'm more concerned that they didn't manage to sell the whole thing
tbrian318
22/1/2024
08:31
What do we think of the price of the sale........?
chrisdgb
05/1/2024
22:05
So many exciting opportunities for Getech
workingfromhome
05/1/2024
19:32
Revolutionising lithium exploration
playful
03/1/2024
18:32
Strangely, this was actually a profits warning today, with £4.0m revenue below Cavendish's previous estimate of £4.2m and a £0.1m EBITDA miss that flows through to the PBT and Net Cash also being £0.1m lower than forecast.

TBF, this miss is relatively minor compared to the scale of the losses, and with Cavendish not brave enough to make any forecasts for 2024, this could be positive for the future. However, the progress on key metrics appears lacklustre at best:

31/12/2022 30/06/2023 31/12/2023Order Book 4.6 4.4 4.6ARR 2.4 2.6 2.8Forward 6m Revenue 1.9 2.1



So 24H1 revenue is probably between £2.1-2.2m based on these figures. The real question is, have they managed to cut costs fast enough to make this cash flow break-even?

dangersimpson2
03/1/2024
18:15
Oh look, around 13p is where the last level of stability was ! Must be a coincidence, as how could carefully calculated target prices end up in the same area ?!
yump
03/1/2024
09:55
Cavendish target price 13.2p.........
chrisdgb
03/1/2024
08:53
Great start to the the year
workingfromhome
03/1/2024
08:48
I am pleased to see we have hit the ground running in 2024 and feel the positive news flow will only continue to grow!
playful
03/1/2024
08:25
The market likes it
book5
03/1/2024
07:41
What a lovely surprise this morning !
32campomar
Chat Pages: 192  191  190  189  188  187  186  185  184  183  182  181  Older

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