Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Looking a lot better this morning, hopefully some positive steps are being made towards sorting out our funding issue.
A premium fundraising would be great.
New Chinese distribution contract and a placing at a premium.
“The recent global increase in electricity prices seems, in the Board's view, to support the general market interest for the Group's product offerings and, based on ongoing customer negotiations, the Board anticipates that the Group will secure further new orders”
Hopefully resume trading on 23rd November and an opening price close to the placing price of 15p would be a good start.
Could’ve been a lot worse for us shareholders.
On the Sharepad platform, I can’t even see WINS bidding at all, only on the displayed offer at 1.4p
Not the best news this morning.
"We hope that this is just a postponement and will make a further announcement if we are able to reschedule."
AssetCo hold 8.5% in AOM.
AssetCo have completed the purchase of SVM Asset Management Limited, but I cant see a holding % in AOM by SVM Asset Management previously.
Five market makers, 4 bidding @ 275p and 1 @ 265p.
Offer prices 1 @ 285p, 2 @ 290p, 1 @ 295p, 1 @ 305p
38 trades so far today.
A great recovery in the price this morning, I was expecting sub £1.
But this could be the turning point for us now with the chinese holding down significantly.
I'm still expecting some volatility though, with WISE still holding nearly 14 Million, a 2% holding, I would expect those to be sold down too.
Due to the size of the holding thats being sold i guess.
Better than having a large seller pulling the price down for months, its bad enough having shorter's.
Maybe the Sutardja Family will buy more.
I just thought exactly the same thing.
A welcome tick up in price today, but could do with a little more news flow AMOI, please.
I agree, hopefully they’ll breathe some new life into WPHO.
Just out of interest, when I tried a sell earlier I was offered 284p, spread at the time 275p - 285p, that made me sell a slice of another stock instead of YU.
My thinking was if they wanted them that much, there’s still higher ground to cover.
Hi CasTiger.
Just curious if you name has any connection with CastlefordTiger or was it CastleTiger?
A poster I used to see when I had an holding in LPA years ago.
HSP, I agree with the oversold view, I’ve held 5000 from 269p since 3/12/20, soon to receive my 2nd large dividend, bringing in £2000 in total since purchase date.
Could WPHO be on someone’s takeover list?
PreSeed Ventures A/S had a holding of 7.5% now sold down to 0%, transaction was today.
Last Friday SEED Capital Denmark 11 K/S sold their 12% down to 0%.
So 20% sold in a week…but to whom?
Two trades, 3 minutes after my post :-)
Moved the price up again though.
Hi RichWG & Johnnyy.
Seems we have the same positive expectations, but I also take heart from days like these when there’s no displayed trades but the market makers move their prices up, always a good sign.
520,636 shares @ 111p, continued show of confidence.
Not the best news that our biggest shareholder has gone from nearly 12% down to 0%.
But then someone must’ve bought them.
Well OBD really need the share price to rise to encourage shareholders to take up the open offer.
But the bulk of the raise £9.1M should be in the bag, subject to a vote, which usually gets passed.
If we take up the offer, it helps the company because OBD will get our cash.
If we buy in the market instead, it doesn’t help OBD, because the placing shares might not get taken up, unless our buying in the market pushes up the share price above the 20p, encouraging other shareholders to take up the offer shares.
I think the closing date is about 20th October, but don’t hold me to that, so we have a little time to make up our minds, or just buy in the market now if you believe OBD have a good future.
OBD are issuing new shares to shareholders on the terms of 1 New Share for every 6.81644 share.
So divide your holding by 6.81644 to give you your entitlement and then multiply that by the 20p issue price and that’s how much it will cost you to participate.
If you don’t take up the new shares then you’ll end up holding the same amount but your % of the company will be less.
Issuing new shares at a premium is a good show of strength and they have conditionally raised £9.1M with Institutional Investors.