Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
473.63 million shares
ICT HOLDINGS 23.9% = 113.2 Million Shares
Blackrock 10% = 47.36 Million Shares
Fodina B.V. 3.3% = 15.63 Million Shares
MOX Registered ~21% of Freefloat
So (473.63-(113.2+47.36+15.63) = 297.44 Million Shares in Freefloat
Minus Moex registered = 234.98 Million Shares in Freefloat on the LSE
So the Mkt Cap in Sterling Freefloat on the LSE at 230p is....
Drum Roll,......................£ 540.45 Million Pounds Sterling, compared to Qtr Revenue I think we can safely say the Sp ain’t a Harrods price, more a yellow sticker price.
So if you own anywhere around 240k shares then you own 0.1% of the freefloat on the LSE. For a 5 billion pound company with revenue exceeding two billion a year.
This time next year Rodders, I'm still waiting for 226p. Nearly there, maybe tomorrow?
GLA, stay long be strong.
Hey Foor, thanks for that, very informative, should be a pinned post ! I had not heard the float was affected like that, I looked at https://research.ftserussell.com/products/downloads/FTSE_UK_Index_Series_Foreign_Ownership_Restrictions_and_Minimum_Foreign_Headroom_Requirement.pdf , but I don't find it a fun read.
Foor...
A similar amount were sold after hours on Monday and Tuesday and the SP opened up the following days...
I've seen days when there have been large buys after hours, I expected the SP to open higher the following morning but it did not...
Personally I don't think we see the full picture ie re after hours today it's not showing 1 buy, that's a little odd to me and I think the last sale was 16.47? Some days you can see sells / buys after 6 pm..
Not long to find out...
474 million shares
ICT HOLDINGS 23.9%
Blackrock 10%
Fodina B.V. 3.3%
MOX Registered ~21% of Freefloat
Based on free float restrictions adopted by FTSE Russell, the Company does not include ICT Holding Ltd.’s shares as well as shares owned by management and directors into free float. Hence, the free float as of the date of this press-release equals 75.2%.
So 474 million minus 24.8% equals 356.5 million shares in Freefloat. Minus the Moex registered shares equals 281.5 million shares.
So 281.5 million shares in Freefloat registered on the LSE. Equals 281.5*236p equals 664.5 million Mkt Cap registered on the LSE.
SIX HUNDRED AND SIXTY FOUR MILLION POUNDS MARKET CAP ON THE LSE.
One percent is 6.64 million.
So 2 million pounds worth of shares sold is roughly one third of one percent so 0.33 percent.
That’s a lot of Mkt cap to sell off in a session or two.
DISCLAIMER I STILL THINK THEY ARE BUY’S. Sneaky c£nts
#beingpicky you're out by 100, for a percentage, what you gave was a ratio which isn't quite the same you have to * by 100 ;) so 0.17857% , still , agreed, its 'not a lot'.
1% of the free float on LSE is 4.736 million shares = *2.35 = £11.13 million GBP, 2 million GBP is not a 'lot' in those terms.
Sorry the other point is, the market cap is £. 1.12 billion, this is 1,120 millions, so £2 million sells is 0.0017857 % of the market cap, so don't expect anything spectacular to happen by the time it opens, plus they'll be buyers lining up to buy these shares too...
Well see soon enough...
There was an £800,000 sell on Monday and £985,000 sell on Tuesday, both after hours, the SP opened higher on Tuesday and Wednesday mornings, I expect an auction at 8 am tomorrow and will be interested to see what the SP is at 8.05am?
Any breaking news between now and then could change any of this!!!
The trend.
Notice this.
All over the counter sells yet the buy is an automatic buy; hence no automatic sells.
Uncrosssed trade is a buy and sell as two participants in agreement of a trade at a agreed cost. So in essence neutral.
16:37 234.31p 392,000 £918,491 Sell O
16:27 234.25p 300,000 £702,750 Sell O
16:35 235.00p 81,680 £191,948 Sell UT
16:24 235.00p 67,408 £158,409 Sell O
16:21 235.00p 50,492 £118,656 Buy AT
16:25 235.00p 50,000 £117,500 Sell O
16:22 234.60p 50,000 £117,300 Sell O
15:55 233.75p 50,000 £116,875 Sell O
16:35 235.00p 42,000 £98,700 Sell O
Buckeye, totally agree. While it sits around these levels, PI'S become impatient, the MM's accumulate, then bang a big order is settled, but below the SP at time of execution, so in essence marked as a sell yet in reality a buy. I'm waiting for the dip, it should come tomorrow AM after such a big offload, I wait with baited breath.
I wasn't watching L2 today, but I'd think those large 'sells' were buys filled over the day too.
Infor - More like buys marked as sells due to the order taking so long to fill and the SP being above the priced settle/executed at the time of agreement. I do not trust anything associated to Polymetal at the moment with regards to the LSE.
If it drops to below 200p in the morning I will have more faith, otherwise manipulation at it's best.
16:37 234.31p 392,000 £918,491 Sell O
16:27 234.25p 300,000 £702,750 Sell O
16:35 235.00p 81,680 £191,948 Sell UT
16:24 235.00p 67,408 £158,409 Sell O
16:21 235.00p 50,492 £118,656 Buy AT
09:32 235.60p 50,000 £117,800 Buy O
13:57 235.50p 50,000 £117,750 Sell O
16:25 235.00p 50,000 £117,500 Sell O
16:22 234.60p 50,000 £117,300 Sell O
15:55 233.75p 50,000 £116,875 Sell O
16:35 235.00p 42,000 £98,700 Sell O
Make that over £2m of POLY sells at the close. Price apparently unaffected? Big dip in the morning perhaps?
We knew that. Does not affect POLY.
Russia passes law to seize control of assets of foreign corporations that leave the country…
https://www.rt.com/russia/556071-foreign-companies-external-control-bill/
About £1.5m of sales, some after the close?!
Some massive sells of POLY at the close? Any reason?
apologies DGR1980
Can we take the POG chat over to the POG board. Some of the POG posts don't have the context that they are about POG and therefore could be confusing to people skimming through the posts