Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"Tax reasons."
I doubt it, but its possible. You would expect any change in the CGT rates in march (if any) to be more than offset by the expected increase in share price before the march budget.
"Point is Kev your posting history is 90% negative.
I just do not get the gratification of constant negative posts unless being paid for it."
have you never seen the internet before? People like to be negative, abusive and annoying for no reason other than perverse enjoyment of it. No one is getting paid for posting here, there are though people that enjoy being far too positive and people that enjoy being far to negative.
"It makes sense to sell shares that attracted CGT at 10% to pay the a much higher tax rate/ bill on the options, otherwise the directors have a cash flow problem.
The Government also reduced the 10% CGT threshold last year from £10M to £1M lifetime, coupled with the potential of a steep CGT rise in the next budget, this is just sound legal financial planning that has been coordinated following advice tax lawyers, it’s nothing sinister."
Cant see Entrepreneurs relief being a factor.
Well added £3023 less fees at 79.5p see how this goes
"MMS played blinder ... HIT stop losses now can not buy any BLUE DAY"
Two quotes with no issues, one of them I took advantage of, might want to change broker.
Well sold a chunk yesterday at just under a pound, and been tempted back at 83.75p a few minutes ago for the same chunk.
Got about half the holding I had after some aggressive slicing around the pound but should be ok from here you'd think.
No
ah no, there she is £3487
surprising I'm not seeing my purchase?
added at 89.8p £3500 less fees for the trade or hold, who knows.
I like that
"I hav e been-one of theose who bought at £10+....my fault of course."
cant win them all, we have all been there.
back to early December levels, £9 is a c20% uplift, depending on what is causing this prolonged downwards pressure, you would think this is achievable in the short term.
just added again at 763, just £3k less fees.
over exposed here but you'd think there would be some sort of bounce or positivity afoot?
"Porky9
"so I'm starting to question your integrity?"
***************************************************************************
I hope to get an apology for your unwarranted statement
Thank You"
And i question porkys integrity (assuming you are the same guy which seems likely) who is advocating this his £54 in the short term with zero back up.
"Great find .......worth publishing given no news being given by company due to Govt NDA ??"
are we not trading with 130 countries or something, are their 130 NDA's in place? Why so UK centric
"Is a non-stop decline of share price since January normal ? I cannot find anything logical in the process. Even horrible stocks with huge losses and horrible results have recovered. IMO this is artificially engineered via a "common agreement"."
what should the market cap be when there is no clarification from the board about expected future revenues. I think this, and the ultimately finite nature of maximum current revenue streams are causing the issues.
The revenue stream will continue for many a year but it will drop, how much will depend on a number of factors and competitors.
I would hope some clarity will cause this to increase, and I'd be happy to be mostly out at £10 in a month or two.
added again moments ago at 775, so practically at your target
sell through at 6p on the nose.
my trade yesterday not going well!
is that the guy with no t shirt?