Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
They wouldn’t attack a comment or statement unless it seemed likely. Time to sit tight.
But like my Peel Hunt suggestion and the link to other shares with Riverfort, when I smell a rat, normally is a good hunch.
After all, as explained previously. I spent best part of a decade in the broking and trading world in the square mile.
Best
BigE
Looks to me like an order is/was being worked on the book this morning as there is not enough float available to cover it single handedly, and also they don’t want the price to rise due to their own buying, so spammed a load of fear messages to talk it down and help out their buyer. Must be a mighty important client to them.
This has moved like HE1
A Huge placing filled well below the go to market price. Of which a decent whack of that subscription was from institutions….
If there is news tomorrow/this week we might be have a real monster on the risers board. HE1 15 bagged in the space of two weeks. Of which it had 3 days on the bounce where 90-130% daily gains. Feels a little similar.
Might not happen of course. But does feel the same with the buzz that’s coming.
Also with HE1, I sold after it did 300%. I then had NT as it flew through multiple pennies. If you are out this now, be prepared you very well might have to wait a while before you can rebuy
#talesfromthetradingfloor
lol
Best
BigE
Scrolled through this board this morning and glad to see RF are gone.
But that being said, people spouting off ideas of resistance/support, share dilution and all this gear are saying these things for one of two reasons, they are not in the share and are talking it down by playing devils advocate or they are actually trying to smother the board with doubt and fear to create the market they require for people to sell and they buy for their clients.
You want some other intel, try this one out. People who work in brokerages set up accounts on this, and I mean multiple accounts and then will coordinate mass smear campaigns on their desk amongst themselves to enable them to drag it lower for their benefit or to take it higher.
I know this as my old colleague who worked for a large brokerage told me this. Mental ain’t it that these accounts are not people doing their bidding on behalf of the brokers, but the brokers themselves. LOL
Take everything other than facts as a pinch of salt on this forum. Read the RNS, research the business and formulate your own decision.
Best
BigE
Just to make it clear, I’m bullish AF on this stock, I hold my view of north of 1.50 by YE.
Hi Bas,
I wouldn’t know where to begin on pricing something like this up. I just know that based on past recent history, Covid times were amazing for all things pharma just by the very nature of the world at that point in time. I think we can expect maybe a couple 70-100% days in the near future. But where will that take us?
Haven’t a clue. I feel fair value for where we are as a business is c100-120mill Mcap.
But if we get to 80-100 Mcap and then the news is a stormer, we could end up near quarter of a bill valuation.
Best
BigE
P.S Just so happy my intel was right regarding PH. Makes me feel like the info I have been passing on has been of use to others who are not aware of how twisted brokerages really are.
Helium one moved like this before it just compounded and had a good rns and 3 consecutive days of 100% gains.
Would not be surprised to see this run north of £, maybe even run up to £2 very quick especially if data is good. I’m in this for 10-15 bagger i got in at 18p. This was before the dump to 10p. Market is looking strong this has plenty left in the tank.
I honestly believe this is the turning point.
Unless the BOD dropped an absolute clanger of an rns to ruin further progression, I think RF will be gone soon. Unfortunately I have no doubt, even if PH we’re out of picture moving forward, they will undoubtedly hold enough shares to ride it on the way up via their trading arm not there nominee broker arm.
The old timers here gave me faith when they quoted warren buffett. Stocks transfer wealth from the impatient to the patient.
I still hold my view north of £1.50 end of year.
That level is fair value in my eyes with where we are.
Best
BigE
These guys are super active this evening, spreading that the company is about to go under, there hasn’t been any confirmation from the board that they are knackered. Until it says so, I will take their views with a pinch of salt.
From A technical standpoint, we are near ATL, those come in to play at c. 12.5p new money. Imagine these levels was where all LTH’s amassed their holdings from, so does not surprise me to see it being dragged to these levels to get the fear going and getting people pressing the panic sell button.
Pretty standard Smart money behaviour to hoover up shares.
Sure the shorts are winning currently, but the market moves two ways, up and down. I would find it hard to believe we are going under, so until an rns appears saying administration or petition to wind down, I for one will not be listening as someone that has worked in finance as a broker and a trade for nearly a decade.
I think everyone should take the views of the nay sayers with a pinch of salt.
Let’s see what the next rns says as they will say it all.
Your nominated broker is PH, just like Sareum. We too have found ourselves in a 5 mill pre payment facility with Riverfort. And guess who our contact at PH is… Mr Steel. Our share prices are following identical trends downwards. All shareholders must boycot PH and remove them as they are the death of our companies.
This is atrocious, I have no doubt that both our companies are being shorted by the trading arm of PH and as a result they are set to make an absolute killing through the following:
1. More raises and placing to assist the survivals of both sareum and gene drive. They will take a cash payment up front and also make money on churn the shares once they hit market.
2. They will receive a kick back on the money given by Riverfort, this will also be know. As an introducing broker agreement. Yes mental I know but that’s how the city works, as I arranged these myself when working in commodities.
3. They will also be the brokers laying off the shares for riverfort for they’ll make a killing on just the sheer volumes there too.
4. If and only if the market does turn due to a positive rns, these guys will make even more money and they will close there shorts due to so much liquidity and they will ride it up again and you can guarantee it will be NT from the retails investors.
This is the situation both genedrive and sareum find themselves in. The board must be held to account and especially Stephen Parker of sareum who know doubt is getting a kicker for the sign off.
Hope your fortunes turn here.
Best
BigE
Your nominated broker is PH, just like Sareum. We too have found ourselves in a 5 mill pre payment facility with Riverfort. And guess who our contact at PH is… Mr Steel. Our share prices are following identical trends downwards. All shareholders must boycot PH and remove them as they are the death of our companies.
This is atrocious, I have no doubt that both our companies are being shorted by the trading arm of PH and as a result they are set to make an absolute killing through the following:
1. More raises and placing to assist the survivals of both sareum and gene drive. They will take a cash payment up front and also make money on churn the shares once they hit market.
2. They will receive a kick back on the money given by Riverfort, this will also be know. As an introducing broker agreement. Yes mental I know but that’s how the city works, as I arranged these myself when working in commodities.
3. They will also be the brokers laying off the shares for riverfort for they’ll make a killing on just the sheer volumes there too.
4. If and only if the market does turn due to a positive rns, these guys will make even more money and they will close there shorts due to so much liquidity and they will ride it up again and you can guarantee it will be NT from the retails investors.
This is the situation both genedrive and sareum find themselves in. The board must be held to account and especially Stephen Parker of sareum who know doubt is getting a kicker for the sign off.
Hope your fortunes turn here.
Best
BigE
Just to let people aware, I bought today, £700 quids worth. Managed to get 3644 shares, nearly 200k in old
Money. I’m in no rush, and should the price fall a little more I will buy another £1300 once I get my bloody rebate. At these levels, and now I’m aware of what’s going on. I’m even more bullish this will turn, maybe not this week, or this month, might take a few months, but I am almost certain this will turn. Apart from a monumental ball drop that we are unaware of.
Sareum approached PH for a large placing, they said no, instead let’s introduce you to a partner of ours (riverfort) who I am sure would be happy to assist. PH run all the excess share through their book, Riverfort maximise there own allocation, in the interim whilst finance is being provided PH are short dragging it lower benefiting Riverfort and then on news break they have bags of liquidity to flood the market once they reach a desired price for the shares to then be offloaded. PH make a killing on the shares, riverfort on both and to boot most likely some nice brown bag back handers for mr Steel. This is what will happen. I can almost guarantee it.
Remember the Science hasn’t changed.
knew they are in it together, this is all for ph to position a sizeable position for when it rallies. the company is not on its **** by any means, this is all designed to get everyone out, before they lift the bid/offer on news break.
let’s see how it unfolds, i reckon by ye this will be back well north of £1.50
I’ll leave this hear for you all to review. Another company in the bio industry, broker is peel hunt. Namely James steel and they secured you guessed it a £5 mill prepayment facility… sound familiar ??
https://www.sharesmagazine.co.uk/news/market/LSE20230331183207_4725643/5-million-equity-prepayment-facility
I did not envision seeing these prices again. My last post RE PH seems to be the case. At some point the market will turn as they are turning over weaker hands at these levels and no doubt storing them for when we head towards their price target of £3.50. When though, I don’t know. What I do know, I am chasing my tax rebate so I can throw a couple grand in at these levels.
Before you ask, I’ve left my London job and moved to liverpool with my partner, she’s a scouser. Must say, it’s much better up here than north London!! Much cheaper too lol
I feel another meteroric rise coming for SAR. So oversold at these levels, unless an RNS drops that’s a real stinker, but cannot see why they will as all seems to be going well.
Couldn’t agree more with that statement potnak.
This is slowly finding a bottom, it’s nearing the bottom of a multi year range, shorts will start to close soon and they will let it run. It will be news driven, most likely securing funding or license.
I am looking to pile in if we see 30-35p. 0.6/0.7p old money!
Unreal considering we spiked to nearly 10p. Easy 4bag from here on any remotely positive news.