At 12p this looks a great BUY.Remember after the deal with Suvair this shot to around 30p ! Next news I am sure will be the announcement of some major deals.Fill up at this level.

Global Nomad, good find. Re the Annual Results, think these may be more towards September/October time to allow for a more complete commentary on how the year has gone and where ETQ may be going. Perhaps the Basingstoke Hospital results will be known at that time since that is an important element. I would bet the stumbling block is NHS funding, but if the NHS don't do something they will be sued. I was with a lawyer yesterday who was already handling some hospital infection claims.

Global Nomad, re the argument on whether MRSA is an airborne pathogen or not, I think that that argument is just about won in favour of it being an airborne bug. I think ETQ have always maintained that to be the case but that in conjunction with Nightingale equipment the NHS also need a robust cleaning regime as well.

I didn't doubt the mrsa is in part an airborne pathogen issue, only that theres more than mrsa to deal with.

GN

the rise today was better than of late ( hopefully not reversing monday) maybe a small step up on th elong climb.

GN, Agree MRSA is just one. Probably the bigger prospect is a panic to combat Avian flu. ETQ's technology could be licensed to a volume manufacturer> I would expect their mgt. is on to that but they are a small team, with in my view, a few really key members spread very thinly
As for the sp I am fairly sure that ETQ has the potential to double or treble quite quickly when some positive news gets released. At the moment the price is option money but there must be some doubts in potential investors minds as to how robust the company is so any reluctance to stay with this or jump in is understandable at this stage. I expect that situation to be very different in September, ie after the results (which are likely to be fairly bad) coupled with a decent appraisal of how they go forward. They really need a strategic review and to tell shareholders what that is and then implement it to a firm timetable.

I wonder about this...
http://www.careersinconstruction.com/cic/job/View.do?jobId=207376

If they are advertising for more sales people to join the team then this has got to be good news, at least for the core business.

The recruitment backs up the earlier comments about ETQ winning orders. Lack of news is a problem with ETQ although it seems that they are putting a lot of effort into capitalising on the better trading conditions for their current range of products.

That 500k T trade seems to have been ovrhanging this stock. Maybe now the sp will recover to the 3p-4p band pending announcements. Seems worth a punt at these levels, particularly as there are sufficient large stakes to act as 'insurance' against anything untoward happening. Anyone any other views?

Sharsure..

It's difficult to speculate prior to ETQ's results out in September. I think that the Nightingale products lack of sales has kept this sp on a downward spiral for over a year. I'm not convinced that this one product will make or break the company and have always felt that as a product its importance has been overplayed...if the core business remains strong and sales are happening then the sp looks undervalued to me. If the nightingale unit starts to sell or some spin off of its technology begin to create sales, then the sp will zoom. As ever, time will tell.

Gidruth, I don't disagree with that; however I think they struggled with the traditional business earlier in the year and its recent recovery probably happened too late to make any impact on the figures due soon. It would make sense to defer the latter so that even if these are bad at least they may be able to say with confidence how they are now doing which is more use to us. Also, the tests at Basingstoke General Hospital must be reaching a conclusion soon (?). It was the potential of Nightingale which set this company going like a train before and it could do it again if the product is well received.

Anyone know why there has been a dull day here until 15.34, then no more sells but buys go from 256k to 3.25m?

Why the drop of 20% ! ?

Buys just hit 8.2m with no further sells. the drop suggests a stock overhang, with the last T trade for 4m shares mopping it up. There is a NW based lawyer who specialises in PI claims who is a notifiable shareholder; maybe he just added?

This is one of the worst shares in the market...it was 26p about 2 years ago and it is now 2.5p....AVOID at all cost.

If you didn't buy at those prices what does it matter. Surely you only avoid it if you think it is going out. It may have sufficient large holders to ensure that doesn't happen; in which case doesn't that suggest that at the current level the sp is option money.

there is a discussion on iii as to whether the 4m (delayed) trade was a buy or sell. On the basis that a one hour delay would put the 2.5price down as a sell. Any views?
And what difference would that make to our sentiment...in the end it would balance buys and sells today despite high volume.

as far being a bad share....the 26p was in hindsight as unrealistic as the 2.5p now so its an unfair judgment, i'm sitting on a loss but still believe I will come good with this share. Its a bit more complicated than just comparing the sp.


GN

You are probably right on that GN. Whayever, it means that someone has bought at least 4m shares.(ie 2.7%); there are already two recent lge holders, Vincent Tchenquiz with 12.3m, (8.07%) and Michael Connell with 8.2m (5.4%). One is in property and the other is a lawyer. It may be significant that ETQ appointed ARM Corp. Finance and changed brokers to Keith Bayley Rogers on 27/6.
In my view the 17.5% combined Tchenquiz and Connell holdings should provide an 'insurance policy' to ensure that this co. doesn't go further down w/o a deal being found for it. This could represent a spec. opportunity to buy.

Thanks sharesure but can you check your maths?
8.07 + 5.4 = 14.1
14.1 +2.7 = 16.8

If i give you 5 and 4 can you give me a tenner?

GN, it's been a tough day. You're right. My acct. is often puzzled too! Still, 14.1% is still a reasonable commitment. Maybe there will be an announcement that one of their stakes has just grown by 4m shares. Hope so.

sweet dreams

Cor...What a crazy day of trading. Hopefully some explanations as to why will come soon ?