Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Could mean either nobody else is selling at the mo or there is a big buy being filled...watch for trades after hours or if it is really big it may take a day or two to fill...
If the latter is the case then somebody knows something that can't be RNS'd yet...
Again IMHO.
Out of auction and still falling. Looks like the mm's will be after stops just below 6 then should start going up again today. However market sentiment may drive this lower yet until a way forward commercially, with timeframes, is stated to the market. Short term uncertainty along with a disappointing result causing the drop. Market always puts more weighting on negativity than positivity with respect to RNS'.
Sit tight or buy at these prices if you can as I think this will still fly over the next year but maybe not to the moon as hoped...
IMHO
Then that is where it stays. If the company stays private and successful then the company may buy them off you. If the company goes under, the shares will be deregistered and the broker will inform you and remove them...but that is not going to happen in this case IMHO.
If share is delisted and does not relist within 30 days then the share is transferred by your broker from your ISA to an ordinary share dealing account. If it relists shortly after this time within the same tax year then it is always possible for the brokers to get it agreed with the regulators to get the shares transferred back into an ISA account.
In reality it can take months before the broker realises the share is delisted and needs to be removed from shareholders ISA accounts. However the larger brokers tend to act quicker.
If the share relists in a new financial year then only the value of the stock up to the yearly ISA allowance is allowed to be transferred back into an ISA account. However this is one interpretation of the regs and I think can be challenged especially if a share delists in February say then relists in May. The regs are a bit vague regarding this scenario. Maybe others can correct me.
However be aware of:-
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I think the market expected 1Moz+ so this could go down a tad to around 10/11p waiting on further forward looking news from the company.
Hopefully a buyout won't happen for a good 18 months or so...might give enough time for the company to be worth something!
Btw, take no notice of what the politicians are saying, they're just canvassing for the fashionable green vote. Governments don't rule the world I'm afraid big business does.
When the lights start going out...
IMHO of course! :-)
Wow! All those words smacks of desperation methinks...
It has been suggested on other chat boards that the LSE is does not love biotech companies that do not have any revenue/profit. However transitioning such companies over to NASDAQ generally increases their share value, sometimes substantially.
Interesting if Nigel et al are thinking that longer term. When US patents come in possibly?