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GTC Getech Group Plc

0.00 (0.0%)
29 Nov 2023 - 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 Shares Traded Last Trade
  0.00 0.0% 6.05 65,287 07:38:02
Bid Price Offer Price High Price Low Price Open Price
5.60 6.50 6.05 6.05 6.05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 5.07M -2.83M -0.0419 -1.44 4.08M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:56:21 O 50,000 5.627 GBX

Getech (GTC) Latest News (1)

Getech (GTC) Discussions and Chat

Getech Forums and Chat

Date Time Title Posts
29/11/202312:48Getech-does anybody care?2,989
25/9/202306:20Getech - H2 Green - Hydrogen Storage1,633
06/4/202106:40Getech H2 Green 1
16/9/201012:26Dollars Arriving?-

Add a New Thread

Getech (GTC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-11-29 15:56:225.6350,0002,813.50O
2023-11-29 09:32:215.613,200179.58O
2023-11-29 08:41:126.24815.05O
2023-11-29 08:16:545.637,006394.23O
2023-11-29 08:13:045.615,000280.60O

Getech (GTC) Top Chat Posts

Top Posts
Posted at 29/11/2023 08:20 by Getech Daily Update
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 6.05p.
Getech currently has 67,474,375 shares in issue. The market capitalisation of Getech is £4,082,200.
Getech has a price to earnings ratio (PE ratio) of -1.44.
This morning GTC shares opened at 6.05p
Posted at 10/11/2023 13:59 by 32campomar
I find it very odd that actually the number of shares held as notifiable interests has actually gone up compared with 6 months ago and yet the share price has fallen considerably. Who said markets are rational?
Posted at 06/11/2023 13:34 by book5
They should be knocking on the doors of BP, Shell and the government to ask for a grant to study locations for white hydrogen in the UK rather than doing presentations that look stupid with the background of our share price performance
It is So simple, yet so difficult for this management
Posted at 19/10/2023 08:23 by yump
Sigh ! Actually GTC have a lot of hand drills deployed all over the planet.

Drilling is the last step, usually undertaken by the client.

The initial mapping is done by: seismic, electrical, magnetic, radioactive or density techniques.

Of course someone else could do those and go to clients, but once GTC has done them, they belong to GTC, are not published publicly and very obviously have significant value.

Anyone who doesn’t get that should set up in competition and see how they get on.
Posted at 17/10/2023 16:46 by yump
Sigh! Again, please explain to us all, what would have happened with H2Green, that hasn't happened because of government. As I said, Inverness has millions from the Scottish gov, so what is the problem there ?

I don't recall any announcements from GTC. What were they hoping to achieve ? We just don't know, because it was all just paper plans with nothing specific on exactly how GTC were going to develop asset value. Apart from mentioning 'asset' a lot on the part of Copus.

What were GTC expecting to happen, that has been thwarted by the government ?
I'm interested in facts, I don't give a toss who is in power.

Where does GTC detail the plans and explain how government has messed them up ?

I think GTC may have suffered from unlucky timing, in that the rise in interest rates has made debt and raising money very difficult and/or expensive. (blame Truss if you like, even though they were rising before her October idiocy and continued afterwards).

(Anyone who thinks interest rates would have been nice and friendly without Truss, is living in cloud cuckoo land. Other much bigger things have been happening, haven't they ?)

So any plans to invest in the (virtual ?) H2Green projects, in order to get asset value at some point when the projects developed, will have been scuppered.

I think the comment in the RNS is a complete giveaway and an admission of a mistaken adventure on GTC's part.
Posted at 17/10/2023 08:05 by yump
To partly answer the question, this is on the GTC website:

“ The resolution of this (magnetic) dataset is an order of magnitude better than the public domain EMAG2 dataset over most parts of Africa (figure 5) enabling geological mapping and modelling in far greater detail.”

The implication is that GTC add a significant level of detail to publicly available datasets. Clearly that would stay with GTC.
Posted at 16/10/2023 08:28 by yump
You’ve linked one set of facts to another as cause and effect. That’s the issue.

Perhaps you could detail how H2 Green has been affected, because there has been no announcement from GTC. In fact there is a very large investment from gov for Inverness.

If you’re talking about the excitement behind the initial share price rise on the H2 announcement, that has nothing to do with government. That’s just investors getting excited before the reality.

Perhaps you have found out that Shoreham and Inverness had firm plans that GTC never announced, which have now been messed up by government policy.

I’m all ears.
Posted at 23/9/2023 23:51 by book5
Don't listen to those who justify the decrease of the share price Much of the nonsense posted here is a dangerous ramp encouraging others to invest, and the rampers tend to fall victim to their ideology, that is the route to ruin.

Such prolonged hammering of a share price only happens if the news ahead is much worse than previously forecasted.

As I said weeks ago, let's wait for the interims and hope insiders start buying; the rest is dangerous noise. I hope next week GTC shares recovers above our previous maximum of around 12p.
Posted at 18/9/2023 11:15 by bookbroker
Went up to Kitson House y’day, looks like they have let part of building to company called Este medical, involved in hair transplant, skin conditions, etc. but end of GTC lies empty by the looks, and rather tired. They really need to off load the place or let the whole building out. Been on the market for years, but needs a very imaginative buyer. As for the share price, well I’ve written off this company, still hold a few shares, but successive bad managers have destroyed this company.
Posted at 30/8/2023 21:36 by yump
I thought the idea of investing was to make money from an increasingly valuable business and increasing share price.

Having a knowledge of a business is of course valuable, but not necessarily dependent on roadshows. My own view is that having a chat to nice people and seeing professional presentations is likely to give you a false positive judgement on a company’s prospects.

Cherry-picking success stories that also had roadshows - I’m afraid that opens up the obvious question about overall statistics to include all the failures and also-rans, that also had roadshows.

Venn diagrams rule OK.

Plus looking at the share price performance previously and subsequently.

Sorry but I’m a scientist.

The only information I have had from a business that really made a difference was because I knew the CEO. Lets not pretend that is unusual. It wasn’t RNSable, but it was knowing the company’s future plans, presented in a non-powerpoint, not-meant-to-impress way. Plus it included a whole pile of negative possibilities.
Posted at 29/8/2023 07:43 by 32campomar
Who's ramping?I am not happy with the share price obviously, but the company are doing very well and continue to win new business. I have had 2 conversations with the CEO recently and am happy with what the company are doing. There is one institutional fund which is closing by the end of 2023 and has been disposing of its holding - as with any small company particularly in these dire market conditions it's going to hit the share price. As with any serious investor I make sure I am as informed as I can. Perhaps you could do the same? The CEO is very open to dialogue and his contact is easily obtainable.
Getech share price data is direct from the London Stock Exchange

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