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GTC Getech Group Plc

2.05
-0.20 (-8.89%)
Last Updated: 10:13:11
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
  -0.20 -8.89% 2.05 143,862 10:13:11
Bid Price Offer Price High Price Low Price Open Price
2.00 2.10 2.25 2.05 2.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 4.02M -5.15M -0.0338 -0.61 3.43M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:12:43 O 60,000 2.00 GBX

Getech (GTC) Latest News

Getech (GTC) Discussions and Chat

Getech Forums and Chat

Date Time Title Posts
08/11/202408:09Getech-does anybody care?3,303
26/9/202412:21Getech to achieve profits in 20254
25/9/202420:11Getech bankruptcy will come2
25/9/202306:20Getech - H2 Green - Hydrogen Storage1,633
06/4/202106:40Getech H2 Green 1

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Getech (GTC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:12:442.0060,0001,200.00O
09:50:132.194,566100.00O
09:49:592.0059,2961,185.92O
09:31:332.2020,000440.00O

Getech (GTC) Top Chat Posts

Top Posts
Posted at 04/11/2024 11:24 by dean44
A no payment collaboration.

They haven't announced any new contracts since April. What is going on? The diversification into energy transition doesn't look like it is working.

I can't see how they are going to make their year end numbers. Profit warning was in December last and saw the share price drop 27%.
Posted at 25/10/2024 07:47 by playful
Its payday for everyone at GTC this week courtesy of their shareholders.
Posted at 13/9/2024 12:48 by 32campomar
Interesting someone still has a large bet on GTC share price rising with Spreadex disclosure this morning
Posted at 30/8/2024 08:30 by 32campomar
Bit of a short squeeze going on, I see Spreadex have taken a holding which suggests someone is betting on the share price rising...
Posted at 09/8/2024 07:30 by 32campomar
It's a bitter pill to swallow for existing shareholders But for new shareholders an outstanding opportunity 2p is so low - when they have ARR of 3 million The board have made a terrible mess of this, and should never have let the share price get to these levels before raising new funds. But Market cap at 2p with new shares 3 millionMost firmly placed with long term holders As you say Cloud now lifted on company's future and with that fear removed the share price could recover nicely.
Posted at 01/7/2024 11:48 by 32campomar
Think the market makers are going to gradually walk this down Question is who on earth is advising the board ?They have known for months cash is tight. They should have been advised to go for a placing when the share price was nearer 10pInstead we get told in the results a placing may be needed when the share price is 5p. How did they expect the market to respond to that? The whole thing is a fiasco
Posted at 25/6/2024 13:06 by 32campomar
Apparently Richard Bennett claims In this morning's investor meeting the current share price is crazily cheap The only way I would consider buying back in would be if the CEO Richard Bennett & his chairman bought shares. If the share price is 'currently crazily cheap' what's stopping them ? We are not in a closed period anymore. Richard Bennett earns £250K. There's no excuse - unless of course deep down he knows full well there is going to be a damaging placing - despite him saying it's a last resort.
Posted at 24/6/2024 09:44 by mikejoseph
Again, I agree with 32campomar the shares wont rally because a fundraise is the only answer now.

Here's the problem; discounts are currently fierce, look across AIM, GTC will be lucky to get it away at a 50% discount. The share price is at 3p, which is an MCap of £2m; if they can raise at 1p (MCap of £700k)they will only be able to raise a small amount. This is the well known AIM death spiral.

I suspect Stuart Hawthorne thought this through very carefully

Mike
Posted at 21/6/2024 09:24 by mikejoseph
I totally agree with 32campomar:

"If they needed to raise they should have just done it months ago when they knew they might have to. Instead after the statement the whole world now know they have no money & will be seeking a placing. Which will no doubt be at a steep discount to where we are now!"

The problem here is that their nomad/broker will be able to raise more money at a lower share price and get more commission because they are incentivised by the size of the raise and not the share price...

Currently fundraising discounts are fierce.

We will also see the inevitable issuing of new options and repricing of the old options.

Mike
Posted at 15/12/2023 14:27 by yump
Book5

You’ve got a GTC price list then ?

Don’t know what your motive is but you seem to be making things up with no evidence.

GTC’s original business was doing fine until O&G exploration tanked. Nothing to do with pricing. Nothing to do with local preference. Nothing known about whether GTC are losing out to competitors.

Even if it was the latter, for a business as small as GTC’s, the market is big enough to get a decent share.

You’ve made an assumption that GTC have nothing special to offer. That isn’t borne out by their previous O&G success or the current order book.

Fair enough if you just don’t believe any of it.
Getech share price data is direct from the London Stock Exchange