Discover and read the best of Twitter Threads about #EQT
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UK micro > small cap 🔬 snap shot
#Novacyt
Sales - £277m
Cash - £92m
COVID prods on sale - 10+
Market Cap - £565m
#Abingdon, #BBI, #Omega, #Avacta, #GeneDrive (#GDR) & #Yourgene
Sales - £28m > £30m (Yourgene £18>£20m)
Cash - 🤔
COVID prods on sale - 3🤔
Market Cap - £761m
#Novacyt
Sales - £277m
Cash - £92m
COVID prods on sale - 10+
Market Cap - £565m
#Abingdon, #BBI, #Omega, #Avacta, #GeneDrive (#GDR) & #Yourgene
Sales - £28m > £30m (Yourgene £18>£20m)
Cash - 🤔
COVID prods on sale - 3🤔
Market Cap - £761m
There's a margin of error to account for BBI accounts which aren't public, awaiting GeneDrive which reports 31/03, Avacta account were published 23/01 last yr.
Say £5m tops. Small fry when you consider imbalance of collective market capitalisations.
Say £5m tops. Small fry when you consider imbalance of collective market capitalisations.
It brings me great joy that alternative energy is obliterating O&G stocks, performance-wise (at least in the UK micro-cap space in which I operate).
My key holding in the sector (and 2nd largest in my entire PF) is #SAE @simecatlantis at 11p average. But it's brilliant... 1/4
My key holding in the sector (and 2nd largest in my entire PF) is #SAE @simecatlantis at 11p average. But it's brilliant... 1/4
...to see the likes of #ITM #AFC #PHE #EQT achieving dizzying valuations.
The more that retail buys O&G on the open market, the greater the valuations these Cos can maintain, and thus the easier it is for them to raise capital.
My belief (or rather, hope!) is that retail...2/4
The more that retail buys O&G on the open market, the greater the valuations these Cos can maintain, and thus the easier it is for them to raise capital.
My belief (or rather, hope!) is that retail...2/4
...will continue to shift into alt. energy (including associated infrastructure, partic. battery metals), thus starving micro-cap oilies of capital. This in turn will reduce the pool of discoveries that majors draw on to replenish their own reserves (besides in-house expl.)… 3/4
