Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The rthm equivalent sp is 123p... down from 500p 18months ago.. as expected, Industry Challenges have hit the company and with new Industry Challenges, post these results, the outlook is crucial... and a believable outlook....
Always best to read company and crucially industry newsflow and form your own opinion...
Proof is in the company's own statement from their previous results:
The company THEMSELVES have ALREADY warned of Industry Headwinds for this year
Taptica's 2018 Meets Expectations But Headwinds May Harm 2019
http://www.morningstar.co.uk/uk/news/AN_1551093566601692100/tapticas-2018-meets-expectations-but-headwinds-may-harm-2019.aspx
Added to the fact that Rthm, who trmr merged with 6 months ago, have had years of losses..
fy2015 $214.9m $95.7m ($20.8m)
fy2016 $166.7m $78.4m ($92.3m)
fy2017 $175m $75m ($18.7m) *(inc Perk acquisition q3 2017)
fy2018 $255m $27m ($13.8m) (inc Rad1 & Yume acquisitions)
stt1 is always looking for a potential sign of weakness into which he can spread his venom.
Carefully crafting lies upon lies and speculating wildly he goes about his wicked business.
Looking for whatever fits with his agenda - methinks the man has failed and seeks nourishment hoping to feed on carrion even where it does not exist.
What a sad life!
I suspect shares are changing hands from one large investor to another - large trades today and yesterday. Suspect we’ll get a holdings RNS soon.
Holders have no reason to expect bad news next week - the company have told us to expect strong profitability. Read their AGM statement from June.
Safi
"We have not had hard figures on R1 performance since a full year ago, which is outrageous when you think about it. That there is a huge question mark."
Exactly, especially as trmr merged with rthm (R1) without seeing the full books and detailed operations. Also especially the warnings published by the previous rthm BoD and 2 CFOs resigning within a short space of 5 months.
I’m holding too, long term. Both highly anticipating and dreading these results.
The dumping of shares today is concerning. No use speculating why as we only have 2 full trading days left.
We have not had hard figures on R1 performance since a full year ago, which is outrageous when you think about it. That there is a huge question mark. In June time they said they ‘believed’ they were in course for profitability expectations, meaning they hadn’t yet fully comprehended the R1 financials. No wonder there are jitters.
Not much trading action. I will be holding in to results.