Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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So we should open up tomorrow then, another good day would be most welcome.
The UT was in auction at 36.4. Probably a foreign punter getting a rough deal at 36p. There was 20k at 38 unfilled so far.
Good day for ENET, volume not too bad, 435k plus any delayed trades.
Rise more like 12.3% due to last evenings skewed finishing sp.
Is word getting out? Certainly seems like it.
Be great to break 40p and hold to reel this warrants in.
I thought that the market knew enough already to move into the mid 40's. I still do. Hopefully we'll see something supportive next week from the management. Right now they are busy ramping up production for Tarana.
I feel like today the touch paper has been readied and David is shaking the matchbox. Lovely stuff
Nearly full price and nearly impossible to buy on line yet still 6 on 38. Who will blink first to 40p. I get why they doit but just let it go. I told you it was going to happen. Silly MMs.
I think that we are about to see further M&A on the realisation that virtualisation is a real thing OpenRAN or not. However M&A actually stifles OpenRAN. The concept needs as many free thinkers as it can get. For once it is about talent not money. Ethernity has plenty.
Tracy,
Six months ago they might have been able to do a 5g but kept hold of the shares, if enet wanted them as supportive holders. Having thought of this I think any open market concerted buying of a dallo amount in a short period would be difficult and really push the price up.
When you look at the amount of money being sprayed about by listed US tech on some really mediocre companies (I have worked in listed US tech virtually all my career) on a quarterly basis a small stake is a small percentage of what the ceo pays in a year on private jets. The amount of people in m&a in a listed US tech companies is incredible.
Level 2 is looking locked. Really just 4 MMs wanting to play now. Despite 4 at 5000 I don't think that they actually have much behind the headline. When they run dry it will be 40p in rapid order.
Skid what on the market. I think that they are 6 months too late for any chance of that.
Dallo, fully agree. The ip in the tarana deal in itself backs the current share price.
Amazed we have not had a US company, or a US private equity (even though is post ipo) taking a strategic stake of the level you are at ! (And they don't have a mrs dallo asking what the hell are you investing in this for)
So just one sell published today so far 5041 shares. Nobody tripped up by the late reported trades in red.
It has been a more mature response to exceptional news. The gamblers rush in and out, the long term interest stands back and waits for the dust to settle. Lots research at the weekend, that definitely happened here.
So we have a 10% up day on our hands..?! I'll enjoy it while it lasts we've not had too many of those in my 4 years here..
Noice!
MMs about to capitulate.
We are getting very close to 40p and tripping the accelerator clause in the 30p warrants.
The additional £700k approx will a most welcome boost to funding and will reassure the market on short term cash needs particularly as the company is on the cusp of substantial growth.
The downside risks are slowly being ameliorated
particularly after Tarana deal...
Tarana nows acts as backstop insofar as it could buy Ethernity out of petty cash if Ethernity falters to secure the now entwined technology.
This is not going to happen as I am confident Ethernity is now on the road to success .
DYOR
IMHO