Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Ummmm, it's in auction DJM
In auction again :-)
Your maths is 50% out BB
Level 2
Let us also not forget that the SP and so the mcap has already taken a pounding so much of this negativity, if true, has been priced in. This is now a recovery play based on a forced seller dragging the price down and BOD buys at levels in excess of the current SP only days ago.
So, per RNS, Liontrust had 9694011 left as at 30th Sept.
Today a sell for 6,744011 (note the last 4 digits (4011)).
9694011 - 6744011 = 2,950,000
2,950,000 is now below 3% so no need to report this sale. But, due to today's volume we can safely assume that they are very nearly out - if not out altogether.
The big 6.7m trade earlier now takes Liontrust to under 3%. No further need to notify (beyond a TR1 for the 6.7m). Seller now all but out
Thanks Car3y for that. I also think that there is an element of general market malaise in all of this. Markets are rebounding at the moment so hopefully things will pick up. I took yesterday's price action as an opportunity to pick up a few more. Paid 26.3p so those trades after close were, imo, mostly buys.
The 'Event' is the filing of C11. Brokers are always well behind the curve.
sorry 33.50 v 34.50 1v1,
although L2 just strengthened as 5 now at 33p on the bid as JBER has just joined the others.
Always good to see JBER looking for shares as they have been the MM that has largely dominated the offer whilst we languish in the 30s.
Millie,
Level 2 shows the state of the order book.
5v1 means that there are 5 market makers on the BID (ie they are looking to buy shares from sellers) and one on the OFFER (they are looking to sell shares). The 33 v 34 is basically the spread (5 on 33p and 1 on 34p)
If more MMs are looking to buy than sell then you can usually expect the price to tick up as there is more demand. Vice-versa if more are on the offer (ie more looking to sell shares) as there is more supply than demand and so price reduces.
Of course, things can change very fast.