Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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@ Riddle - DYOR has never been more applicable.
I’m £50k up on Friday LTH bought the FEAR @70p 80p been on here 6 months. Who are you @tomriddle?! DYOR has never been more applicable!!
Totally agree @SP all these muppets coming outta the woodwork! I’d back @cityspy over @tomriddle all day long. But I back myself 100% more than anyone on here. IMO!!!
I like how so many new posters have suddenly cropped up giving there 'expert' advice, where have you all been over the last few months!!lol
Just sit tight, wait patiently, one way or another, this is going alot higher over the coming dags/weeks.
@riddle90 - not defending city spy, no idea if genuine or not. The only thing we know, he broke the Private Equity story the day BEFORE mainstream media picked it up!! So no, pretty certain it's someone from this board lol
If you look at ‘City Spy’ on Twitter you can see they formed the account in Feb and only post about THG. Likely made by a ramper on this board who took a position in the company around then.
DYOR has never been more applicable.
Hi all,
Well done to those that listened to the last update, and bought/held, where MM pretty much stated that the company would be taken private but couldn't explicitly stay because of LSE rules.
We've past the 10th May which was 12 months since the last placing, hence the announcement of the bids now.
MM is trying to flush out the highest bid and from there he can take it private by offering above that level with help from external PE and existing big shareholders.
I'll stick to my prediction of this happening by the end of June.
Factually we know the offer can't be less than 170p. I won't make a prediction of how much it will be because it's within such a large range.
Exciting times ahead...
Another tweet from City Spy:
The City Spy
@TheCitySpy
49m
"Candy formal #THG #TheHutGroup offer said to be before month end. It's thought at least one (non Carlyle) consortium player is sat at the edge of the disco contemplating when the time is right to step out and dance."
Interesting cheers
Also if we remember MM's comments at results:
"We IPO-ed the business 18 months ago at £5 a share, 15x oversubscribed. And as we sit here today, we've presented numbers that beat expectations that we set at IPO across every division in every metric. So it is going to be -- it shouldn't be a surprise to anybody that -- where we are at those kind of things, and it's certainly not to the Board that these situations arise.
I can't tell you to what level these numbers are off. What I can say is what the world has changed out there maybe since 18 months ago. So you got to take that into account. And all I'm particularly focused in the IPO is the best for THG and our stakeholders. And so what we will look at is what environment is the best environment and share register to get the very best for THG."
Interesting post - "The most likely scenario is to take out the outsider holders. I am hearing and understandably so - major holders understand in the climate that needs to occur at a "discount" but not one that introduces a new private partner at a massive advantage."
https://twitter.com/TheCitySpy/status/1527928824947695618
Could explain how you could have a situation where MM takes it private (there's no way he would sell I don't think, at-least not under £10 a share) but at a higher amount than the £2.50-£3 some have mooted here.
I totally agree with @cityspy £4 is the figure everyone would be comfortable with ‘Hold The Line’ You will be hugely rewarded forget talk of £2 £3 nonsense £4+ gets THG be brave this could be life changing for you.. IMO
https://mobile.twitter.com/TheCitySpy/status/1527921804794281985
The City Spy
@TheCitySpy
·
9m
#THG #TheHutGroup #RUMOR is 500+ is the ask, 400+ would be the concession*.
*Source contacts of major holders, secondary info.