The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Rns 23/feb /22
"We are currently in a dispute with Kyocera AVX Components Corporation (formerly AVX Corporation) (AVX) in respect of allegations that AVX breached our patent licence agreement, including by failing to pay all royalties payable to CAP-XX. The matter is currently before the Supreme Court of New South Wales. A further announcement will be made at the appropriate time and the Company's expectation is that this will be resolved in the current financial year."
todays rns very vague, did cpx win the case or not,
"There was a twitter link to someone suggesting a buyout by Tesla posted on here twice and both deleted"
If only, I can't see anyone wanting to buy this company but I hope i'm wrong. There is no doubt skullduggery is going on in the background where the end point could be a buyout during administration. Again I hope i'm wrong.
I still don't understand why the placing price was so low. for example if an institutional investor agrees to spend say £200,000k on a placing , what difference does it make to him to have 1m shares at 2p or 250000 shares at 0.5p.
"They could be seeking a partnership or large influence on the company's direction."
I think Cooley has already got his ducks in a row and if going down the partnership route, he already has this sorted. Good analysis flava.
Cooley bought his first block of shares (3%) in Sept 23, last week he bought his second block and now owes 11%. Most of us are waiting for news of a third block being bought and news of his plans moving forward, whatever they are.
COOLEY 11.1%, institutions 30%, general public 56.9%
TOP 11 shareholders
Canaccord Genuity Asset Management Limited 17.2% (before last week)
Quilter Cheviot Limited 7.8%
Ruffer LLP 4.2%
Cooley 3.11% (before last week)
Premier Fund Managers Ltd. 2,76%
Anthony Kongats 2.03%
Patrick James Elliott 1.99%
Bruce Grey 1.35%
Monique Newlands 1.19%
David Newlands 1.19%
Steen Feldskov 0.25%
A Dr Graham Cooley resigned from Nanosun Ltd on 6th Feb 2024, the company is now in administration, it applied for administration Jan 2024. I am not sure if this is the same guy who has bought the 11% holding in cpx.