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.
King Street may come in for another offer, prev 170p was refused, they too have until 16th june.
Candy still hasnt done much yet but it still early days.
We are viewing an evolving situation, nothing is static - if the prospective bidder/s keep increasing their stakes via the market the price of course will respond accordingly.
Something to keep an eye on if they do, is concert party transactions, i.e if the bidder/s form an alliance (most likely imo) with existing holders it could invoke the 12 month price rule in which case the take out price would be a lot higher.
too early to call, but something to be aware of if/when it does happen.
Not being played with?!
King Street Capital & Morgan Stanley have both reported several million shares a day traded in four groups
- increasing a long position
- decreasing a long position
- increasing a short position
- decreasing a short position
I’d guess it goes something like;
price gets above a certain level - increase short position or decrease long
Price falls too far - decrease short of increase long
Things are only going to change if a major new buyer enters the market. It’s dropped since Friday because Richard Griffiths has sold ~4m shares.
Rock8 is right. They could come back and offer 180p but very little will happen as we know that will be rejected so no deal
The discount to bid is the market pricing the risk of no bid vs a bid the correct takeover value
Goldy
It’s not being played with.
The market just doesn’t believe he will get the offer he wants 200p +
If an offer gets close to that the clouds will disappear and it will rocket to 200p +
It could go back to £1. Who knows whilst it’s being played with by the big wigs. Never is all in a good idea, nothing is certain. However, there is and end game soon one way or another
Do u guys think share price can go lower than 1.4? IMO its. immposible - loooks like all in for me. No risk at the moment.
Anyone have any other scenerios?
Well Candy has to show his hand by 16th June. I think we will hear much sooner. Will it flush out a bigger player?!?! Not long now…
SP manipulated for housekeeping and ins and outs from the big players. Really simple. We are just minnows waiting for this to play out
Quick question - Do anyone know how to explain if the 1.70 offer per share price was rejected and current price is 1.40? Should be over 1.70 at the moment. there have to be better offer in mind if 1.70 was rejected....
Think we all feel the same as LTH…. I was in for as long as value was to be realised but now we’re 99.9% sure if being taken away I’d just like resolution and to know the final costing I have a low average and will do well but I think sadly I’m still going to be disappointed .
Thanks for the info guys. This is so frustrating. I invested for the long term but I just want it over now it seems it’s not going to go that way
Hope this gets sorted soon now - ‘Show me the money THG’ - I need a holiday after the last 6 months!! I hope you all get Paid what you want & deserve after this journey.. GLA
1pencil - thanks, appreciate it.
I concentrate on fundamentals, so all this algo business is above me.
Yep in the end game now, so soon it won't matter!
Sp, a few factors which may come into play with THG making it an easy target, first off the Standard listing, having no regular UK shareholder in your home market is always risky. Today's disclosure highlight this, Norges Bank are overseas, Griffiths is basically a hedge fund and Jupiter are special situations.
If this was an old skool market maker stock and not the hybrid SETSMM, it wouldn't attract the algo traders remaining a lot less volatile, instead we have numerous prop traders straddling the bid/offer pushing it up and down.
The algos are easy to read as they are being used by everyone so the patterns become predictable over time, this becomes a weakness. The DMA platform I use has similar algos when executing a trade, but it frightens the life out of me using those lol
Hopefully all of this is now coming to an end as the stock gets acquired by the bidders and other market participants.
Ld
Its clear whats happenings, the funds load up and then slowly drip feed the mkt, and then do it gain, they controlling the share price.
LD - You will find mostly all small sell trades are automatic algo trades!
Does seem strange all these small sale trades, when people know what’s going on? Why don’t they want to hang around?
1pencil - we know THG is one of the most manipulated shares on LSE without a doubt. We can see it with all these declarations now!
But why???
Is it because of the super hight institutional holding and tight free float, hence low liquidity??
All these who are net iis who are net long & hedged short as well , will have to be Snappy once that RNS lands . One paper last Friday was saying candy would place a offer as early as next week ( not sure which ) it’s coming by Friday ! if not defo before the jubilee weekend to kick off the celebrations , best time to do it if I were in their shoes
All good, change of browser fixed it.
Barclays are net long by around 1%, see box 2 (a)
Interests
35,612,441 2.92%
Short
23,425,666 1.92%
yes.
It's increased 1m since 11:41 today till the last amendment
For some reason the FCA short positions is still showing an old spreadsheet for download, presumably this affects the shorttacker web site too.
Barclays are principal traders or 'jobbers', they have both long and short positions to enable market making.
Have barclays increased there short postion ?