Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Imac, if everything works out, we'll buy out Seres just for the sake and fun of having it.
Just for a comparison on the day of successful Phase III results for Seres the Sp went from 4.64 to 22.70 a factor of 4.89. Now lets say we get 3/5ths of that rise in a single day due too our results only being Phase II but more confidence in the Microbiome sector then that would be a factor of 2.93.
Lets say we have a current Sp of 150p :
150p x 2.93 = 439.50 giving us a mkt cap of (131M shares in issue x 439.50p) £575M Mkt Cap
I don't see this as unreasonable and look forward to it moving towards £1B as we approach Covid 19 results right at the peak of Wave 2.
There can be incredibly rapid movements here.
Keep focussed long term.
With a market cap of already £200M the big boys just need good news from the IBS trial before flooding cash in here the rerate will shock many with conservative price estimates.
I stand by my 400p on the day of good news and moving towards 600p before Covid trial results.
Big news incoming :)
141 - 154 within 16 mins trading this bodes very very well for the next few trading sessions.
Its looking good Terrier market has settled after yesterdays hysteria and good Pharmas will continue to shine :-) Bring on the news not long to wait for potential huge returns.
They always drop it just before news
Told ya.
Oh ye of little faith :)
In auction now lets see where it goes.
151 on the ask now and buys continue to flood in people taking positions now with news just around the corner 6 days to go maximum, could be this afternoon or tomorrow morning literally could drop at anytime now.
Wow it moves fast when the buys come in with only 131M shares in issue the Sp will go ballistic on good IBS trial results.
MMS did try to hold and kept low to get sells... they know news is due soon... now they realized not going to get many sellers and we are on the MOVE
A ton of buys now coming in above the ASK something is going on ...!!!
Started now... hold or buy as 150 will be gone very soon...
Think turn around is coming... NEWS due soon... MMS showing most buys in RED... soon they will let this go and back above 155