Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Interesting question Meneer Nomad..I personally never use stop losses...I have too many times seen a stock dip down before returning (and exceeding) where it came from. I acknowledge a lot of professional advice would suggest my strategy of not limiting loss potential is a poor strategy. As you can see from my earlier post, up at 26+ I believe there is short term more likelihood of a SP drop than gain...so I sold. At 25 I am happy to start buying back...if it continues to drop I will gladly hold and collect 4% divis (I will add as it goes down down and consider selling again if we see 26+). Like you, I am no expert, but there is my 5c. GLA
Having sold at 2643, i have set buy backs at 5% intervals..so 50% bought back at 2505...next 50% set for 2378 (I have no clue if it will actually get there). It may be naivety but I am confident in the long term potential here so the lower it goes the more I feel confident to buy. GLA
You asked for thoughts...mine are : I would love to make the huge % returns others appear to report on these forums but the more I chase those returns the worse I do. As a result, I try be greedy on entry price and then hold for the longer term, only looking to beat inflation by 2/3% (div factored in). I can't see anything better to do with the money I have in Shel and selling to look for a better buy in price generally doesn't work for me. So I hold. I would probably not sell for anything under £28. Until then collect the divi and focus on the day job. GLA
What action should a shareholder like me (relatively small holdings compared to many...4500 shares across a few platforms) actually do to pressure mngt to increase the div? I don't know for sure but I get the feeling there are a good number of posters on here moaning but doing little else.