Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes it would make sense for them to be selling, as that would be a logical investment decision. If they participated in the placing at GBP0.001975 then anything between that and GBP0.003 represents a fantastic return as well as recouping the initial investment. I'd expect the price during this period to drift between the placing price and the warrant price (due to supply and demand/rumours). If the share price does shoot up as news emerges they have the option to subscribe at GBP0.003. So they're not missing out on any potential massive gains! They just don't need to run the risk of losing 50% or indeed all of their initial investment.
I can't imagine anyone serious about making (or keeping hold of) their money would go about it any other way - it's much harder to make money if you don't have any. I guess there are scenarios where they are more or less confident of a deal - maybe they'll hold once they've made back their initial investment for a free-roll, but nothing is certain and it's not really a risk they need to take.
HarryCaul, as we know there are the 'big boys', being discussed on this thread. That is not to say others do not want in, this is a fluid, no-one is sure what this will turn into, who the BoD are having discussions with. My point being there could be and we would hope so other larger share holders who want to hold, due to these possible new discussions. I think its natural to assume if that is the case the MM's will bring the price down to fill X order, or bring it down to attact new investers (as over the last 3/4 weeks) so the sellers can keep selling out. Even if there are no orders to fill, you need buyers, no news, its natural the price will drift downwards but the process remains the same.
I reply -
Yes invested.
They have been selling the stock as documented. Regardless of Warrants or not, I stand by my view point that when investing you aim to maximise your returns.
On a simple basis of supply and demand, the stock has drifted lower because there are sellers of the stock around.
Many of the large block trades you refer to are more than likely worked orders over the day for the sellers.
Talk of Market Makers drifting prices down to let the Big Boys in? Really? The Big Boys are already in, and some of the Big Boys are sellers of the stock at these levels - that's fact.
I do not understand why you feel you need to Police this discussion with an Iron fist, or react in a chippy fashion when you don't agree with others points of view. I find it all a little strange.
Thank you earache, these types of informed reasonings from yourself are most welcome, rather than throw away comments meant to cause panic. Fed up with the way they infect the boards atm and prey on ppls fears.
Black Bags?
No idea what you're getting at there.
I'm not trying to influence anybody one way or the other.
What I am saying is your previous comment of 'They will probably be buying now' when Mr Potts and Mr Edwards have flooded the market with millions of shares from the placing at 0.001975 is beyond nonsense. It makes no sense whatsoever.
They are professional investors, who take stakes and participate in corporate placings. They will not be sat on their laptops, buying 250k here and there, and dreaming of great riches.
HarryCaul has been added to the other black bags.
He is trying to influence people to sell
'They will probably buying now'
Are you High?
they will probably be buying now, most important thing is the BOD have not sold.
Such as?
Number one reason bought them at 0.001975 and sold them North of 0.003 - that's quite a return in a matter of weeks, and good luck to them.
But seriously, they're no fools, and if they thought these were heading for 2-3p for instance, they wouldn't be selling down here would they?
Or do we believe they're doing this to help us little Guys in as a favour? Line our pockets with Gold?
Could be number of reasons why someone may want to sell it.
There can be as many buyers as you like.
But until Mr Potts and Edwards stop selling, then the stock will be going nowhere - that's basic supply and demand.
Once they're both below the 3% level, then they'll be no need to keep the market updated.
They've flipped them pure and simple. If they thought there was upside, do you think they'd be sat on the offer unloading?
Disappointing.
Earache also please do not pick up on the "thinking I'm thick" as I'm sure you will endorse that statement lool x
Earache - thank you. Sat here waiting thinking I'm thick and no rns coming on it
I'm not being thick am I ? They do have to rns it
Looking forward to that rns. Then the speculation starts. Gla.
Yes. It should be here by now I would have thought.
Am I right in thinking we are due a rns today with the 5% buyer