Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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agree Ian B. Shorters seem relaxed, were not spooked to buy after last TU......... so think it is worth waiting.... LOOP don't seem to care about SP at the moment, so I think July H1 update is key .........B
Just looking at the charts. Sp at a 12 month low now, before that 40p in march 2020.. which i assume was a covid panic.
What are the thoughts on the 2 resident loop shorters. They opened shorts on 27/11, i assume around 80p,s. They could close out now 64p area but continue to stay short >> they clearly think it can go lower. What’s the rationale there? Jupiter no longer have a long position so the short is no longer a hedge.
with a £100M pipeline........ I do rather hope that revenues will eventually start to go up in line with the conversion rate of opportunity to contracts..... as said before, its a big financial decision, so maybe 12 months to convert if a proof of concept [try before you buy] is required at 1-3 months a pop....... Seems fairly friendless this one...... Just after the Nov drop, there were many Peeps jumping on this board to say it was the bargain of the year... that was at 80p!!.... now we are in the low 60s and not a peep from the masses.......... B
yrabsmurruc - yes, I thought the blog was actually a great medium to see what the company is up to wrt the sales side. The potential is clearly huge, I think that is unarguable.
I also look at the job adverts to see if there is any clue as to where they are with sales and product development, but they are very frugal with information in the job description - who'd have thought that!
One last thing, according to Linkedin they have actually reduced headcount in the last year and to be honest the recruitment adverts suggest they are not generating lots of jobs particularly in the Software development area, I expected more as they have budgeted an extra £5m to product development (perhaps no one is leaving?) . I was concerned at first that they were not expanding, but when I looked at the competition it was clear from their headcount there was room for efficiencies of scale and I expect that's what they are doing as they refocus. Hence perhaps the comment in the Annual report about maintaining profit at a lower turnover, rightsizing the team - all good IMO
good stuff in the blog:
As dispersed working suddenly became the norm through the disruption wrought by Covid-19, LoopUp was quick to see an
opportunity here. It has been busily establishing itself as a regulated telephony provider in some 60 countries, says Jardine.
“In countries where we don’t have a presence, we can partner with local carriers to offer Teams Calling. And that means,
however dispersed the employees, we’re always able to support a global law firm with a single managed services contract.”
Combined with deep expertise in the evolving set of Microsoft Teams collaboration opportunities, he says LoopUp is in an
unparalleled position as a Microsoft Direct Routing partner to help future-proof firms’ global business communication needs as new ways of working now continue to roll out.
B
We're scraping the bottom of the barrel for news of course - but yesterday Loopup added an article to their website blog.
Worth a read as it's about their core customer base, Law Firms, moving to Cloud telephony - very promising for potential sign-ups for their new service.
monica69 - can you give us a bit more detail on that light - was it on for long???
https://loopup.com/en/resource-center/blog/game-changing-collaboration-tools-for-law-firms/