Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Doc, I thought the 24 pounds reflected that the sale was a huge number of shares in one transaction and that the Directors still have control which puts some iis offf.Personally I feel the sp will continue to grow this year.
Sorry for those left holding the bag. I was lucky to get out in time - for once... I think most people had initially expected even more growth than Finncap was predicting, hence the shock. I agree it was very suspicious that the directors sold at £24, which is why I believe that that will be the next stop. Could be even lower the way markets are selling off.
Red across the board so not a surprise. Mind you the directors sold a lot at £24 so maybe they thought that price was fair.
The stock is up over 10 fold from the year lows so people paying £34 etc was very dangerous. I could see this falling back to about £18 if the mkt fall continues through summer. I have a freeroll here and am waiting for the next results. But short term mkts look a bit bearish.
I think the fall is also in part caused by market malaise, thoughts that we are dependent on lockdown for growth and confidence about current cash etc . I am confident however.
Its the wording of the RNS, because they said it's 'expected to be in line with market expectations, which were most recently increased in March 2021.'
Because they revised their figures so high in Jan rather than increasing them a bit and playing it down a bit, it now looks as though the company haven't done as excellent as they were doing, with mediocre results.
They killed the momentum of the SP and in turn us shareholders too, the person who worded the RNS should be sacked.
The figures no doubt will be the best ever when they come out in June, increased cash, no debt etc.
They were poorly advised.
Fall unwarranted and I have bought another 99 shares!
Some nice big buys this afternoon, hopefully the news we are waiting for tomorrow/Friday....
GLA
Fairenough.
Personally I think its a bit impatient if people want to sell, but thats their choice, thats fine.
The SP has risen, in fact doubled since Jan 21 and the half yearly report realesed for the period from May-Oct 20, and as you can see those figures were amazing, now potentially double that or even use two thirds that for the second part of the year and given the lockdown period from Jan 21 onwards, the yearly figures should be the best ever ' the Board now expects full year pre-tax profits to materially exceed management expectations,' taken from the RNS 14/01/21.
Lets hope the SP shows it.
GLA
Glad to be out at 31 quid. Market looks like it is turning. Hoping to buy back at 24 quid. GLA.
Well those 2 x £330,000 delayed buys brings some confidence back, some one is expecting the results to be on the good side!
All lined up for next week I hope.
GLA
Looks like a descending triangle? This share tends to drift down halfway after earnings in the past - are at that point now? Reasonable volume of sales today. If there is no news on Monday, I'm thinking of selling out. Thoughts?
Hopefully get the notification of the full year results (due in June) tomorrow or early next week, should be the best year ever given lockdown(s) and online gameplay!
GLA