Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Another mm goes on the 0.5p bid on just a little 50000 buy. Still easy to buy but at full 0.6p
This is the only stock I hold that actually looks really strong and might go on a good run not saying it's already had a decent run from 0.3p bid to 0.5p bid recently.
Mr Cautious, I feel your pain as I am underwater with this share too. However, exposure/promotion of this share now would only be self harming as unfortunately highlighting this company's inability to bring any project to fruition would achieve what?
DE does appear to be doing a much better job than previous incumbents and the 4 pieces of news highlighted in TJ Mac's post should lead, in my opinion as well, to a substantial uplift in the share price. Once projects are delivered new investors will come on board.
The wait goes on, but imagine what could happen to the share price if $9 million dollars drops into kzg's bank account from Hebei, instant re-rate and no chance to buy at these cheap prices. I remain a patient holder and have added at these low prices. No advice intended.
Afternoon Mr Cautious,
All this need’s is for the License to be granted to KZG which enables HMS to start, further Tantalum Mine payments to be received or sale to alternative buyer, diamond sales to be advised + anything relating to AMS.
Hopefully we will have an update on all of these before the end of April as previously advised. If the news is good then there will be plenty of interest.
GLA TJ Mac
What this needs is far greater exposure then there would be dozens rather than A dozen people trading it..
Well it's showing 0.45p bid but I have dummy tested my shares and it's 0.512p bid online miles higher and 0.588p to buy, maybe that 750k buy did the damage. Overall the mm's are short, they get the occasional help with a few mil sales
The illiquidity will work in our favour if we see a decent bit of buying pressure.
I think KZG has the potential to do 100%+ in a day if we get some positive news
Thinly traded stocks tend to have higher spreads. MM often use wider bid-ask spreads on illiquid shares to offset the risk of holding low volume securities.
Agree. Mr.C. What sort of market drops a SP by over 10% on daily sales that could be covered by an average punter’s credit card. Losing my respect.
A share with a huge bid-offer spread like this and tiny volume makes the up down % look strange on any trade the way a lot of charts present it IMO.....
Yes,unfortunately seller/s still not done... yet.
Works both ways on AIM.
A big movement for 11 small trades, strange one
I'm holding for well over 1.5p please
GLA
383k buy 0.6755p...seconds later 426k sale 0.59p...nice margin for the mm's
Yeah they really killed it off all moving together. Could have went 0.6p for a bit and 0.65p...just one mm 0.685p and all the rest 0.7p...too wide do not blame potential buyers for swerving on a spread like that, might as well await the next move it will not change the buy price if the bid goes to 0.6p and the offer might come back down first
Often wide spread when very little trading
Or is that half millipennies? Mathematicians out there?
SP listed to the nearest 5 millipennies. Bizarre.
0.68p to buy anything and 0.562p to sell a big chunk. Looks like the MMs have shut up shop....
They're very short of stock ATM
Greta time to top up but why is the spread so big
Mcap less than £6m too low given the impending (good?) newsflow imo
Suspect delayed buys are going to show up
People loading up now
Will rise fast,
News about to land me thinks
Hmm somebody has just bought 1,3 mil in 2 lots, shifted one mm away from the offer 500k max 0.599p now