Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Agree with you Ironman that whichever way it goes new CEO or takeover it will be positive for the SP, still surprised that the new CEO takes so long as they were on the shortlist stage nearly 4 months ago.
Need something to inject some life into this as MTC shares hardly have a heart beat today!
Getting the right CEO takes time. I'm sure they are close, looking at calendar timings. It could even be someone internally. However, I really hope it's someone truly dynamic within an outstanding track record in transforming business with a strong knowledge of 360 operations especially in marketing, sales and Ecommerce. Baby background is not so important as they already have this knowledge internally. Someone who thinks outside the box, I know one or two who would be perfect for the job :) Also as you state a takeover is possible. Whichever way... this will certainly impact the shares positively.
I said last week I can’t see a ceo being appointed for a while. A takeover can’t be ruled out though.
I believe it’s around the 5th of november when they are released from thr administrators
Just wondering if the reason we are not seeing new CEO might be due to the possibility of takeover once released from Administrator. Just a thought
Yes, very interesting and a good bit of PR. I'm sure a lot more will follow in the next few weeks.
Off subject, if you're looking at another non retail company, see COBR. I got in last week and have added again today.
Mothercare return to the high street within hundreds of Boots stores
https://www.thetelegraphandargus.co.uk/news/18806935.mothercare-return-high-street-within-hundreds-boots-stores/
A little more explained now Mothercare returns to the high street with Boots.
That’s why the franchise with Boots is a great move, in the event of further lockdowns Boots will stay open as a health and beauty retailer, also mtc working on improving its e commerce. Still waiting to find out who will be the ceo. A baby boom would be great, it’s still not clear if this will happen or not, no doubt if it does it would create a higher demand for mtc products.
It will be tougher to rise and some may sell due to the weakness of the markets coming, especially the Footsire - let's see
Someone sold 378 thousand shares, nice profit but if I had those amount of shares I would hold as the sp has way to go!
Continues to indicate strong buy maintaining n. direction.
Might attack the 15p again today, I doubt as some other buyers at 15p prior might be looking to sell. Let's see, but trend is up as we know.
"massive in comparison to the share holding that I have"
Same here :)
Well maybe I should specify, massive in comparison to the share holding that I have:). Still looking good though, CEO should be announced soon.
Well, a couple are, maybe directors again...but looks promising yes
Massive buys coming in
Appointment of new successful CEO will add weight. Todays world... profit is so much more important than turnover. They should now reduce debt reasonably quick, therefore once they are debt free they will be in a very strong position financially. Look forward to seeing the strat and future plans for the business once CEO is in place. Currently the business is in a much better place than what they have been for a very long time with a new exciting future. ST 22-28 LT 1.48 me thinks.
Cash king at moment I think
I too find its better to invest in something u beleive in or have a keen interest in as your more likely to research into it more.. bought my first shares
in MTC not long after my son was born
Plus figured looking at past financial reports if they can report a profit from their bottom line surely thers potential for massive growth. Yeah maybe not the same business it once was but liking the stretegy going forward. I think I would be dispointed if they were bought out even if it did result in a quick gain
I think people thought a CEO was incoming and I can’t see that happening in the near future. I do think that this is one to sit on though.
Short term 18-20p, longer term 30-40p
I agree it should get to 20p.
I started off trading and then realised I was buying too late and selling too soon. Figured out I would do better finding shares I had faith in and holding for longer. I'm in BOO, GGP, SNG and here of course.
It's funny this investing game. I was thinking yesterdat that 15p would hit resistance and that like last week, we would drop today. So maybe I should sell at 14.4p while about 20% up as that seems to be what traders do. I guess you at least know you have made a fair profit. But then, when I have tried this before, and get back in again, you either get caught on another rise or don't know when to.
My guess is ( subject to normal markets..) that 12p is the support and could hit that before trying to make 15p the new "high" support. I honestly do think this one will go onto 20p and felt it's best to hold rather than trying to buy and sell. A few weeks in a share isn't investing is it but long term - keeping an eye on markets generally of course.
I'm onto a couple of gold shares long term for sure, as believe gold will go onto $3,000 next year. All thoughts on strategies welcomed! Look at shares like GGR, SNG, EUA and many others and NCYT, all of which I have been involved with and didn’t stay long term…... Mind, I know this one is a different sector, not as glamorous and has already made good increases from the year low already ( after administration though) But lots more to come I am convinced
BTW, I think probably another drop tomorrow before a rise!
That's me done, back to work.....
I looked and can't see that lol, only 7% down - WHY? :-)
If you look at the graph line on the Intraday chart!
I think it's a sign :-)