Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Love a little market manipulation when it goes in your favour ;)
Badland - I was expecting a retrace today and not a pop at 1.40 resistance this soon but I think it explains the early morning judder and then ripped as the kintbury closed it’s short.
I think it will trade between 1.20 - 1.40 with a retrace Monday and attacking 1.40 once resistance converts.
Again only my opinion. I use lots of various info research constantly but again it’s perspective at the end of the day.
Rr101 - if you head over to Google / type fca short list - it will take you to the page of disclosures about a third down you will see an excel spreadsheet updated daily. I check this regularly and yesterday kintbury was still holding 0.55 and since the update at close of play today is closed.
All open shorts in the uk must be disclosed. The sheet is a comprehensive list of all shorts on uk markets only.
Confirmation
https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
Kintbury has left the building!!!
I thought they might of hung around but they are out out out!
When you think your week couldn’t get any better….. have a great weekend all and see you back Monday morning ;)
Personally the only bad news I see in the near term his turbos selection of developments he’s going to cut - however I see it as a double edge sword because in one hand it might be seen as the wrong cut for future prospects but allows RR back to concentrating on fewer developments and doing them well! Staying on the train until at least 2025 dividends & smr 2024 will hopefully see us way above £3
Badland, I don’t believe it’s news, more resistance levels, £1.40 is significant before a move up to £1.65
I think we will see a retrace of 10-20% but remain above support levels - this is great opp to top up because this train is leaving!
I don’t think they work that way, normally they give a pre determined value at the beginning with a tax allowance of 20% as a share save and workers pay into each month over a pre determined period and then choose to execute at the end of take the cash depending whether or not the share price is higher or lower than the value at the start.
Russia is bullish and that’s good for anyone - wait and see I guess and with the new investigation which will obviously bring fines as not a single person installing the meters were trained to spot well-being issues ie mental health expect a big fine. :(
MPO818 - As I see it there’s 3 options
1. Buy back gradually and then bulk cancel - share price gradual increase as buying pressure increases, then a good jump on block cancellation.
2. Buy back but hold shares in treasury
3. Possible tax break? - this one I’m unsure about - just putting it out there.
Howabout…. I completely agree but the intent is there.
Once the share buy back is complete the norm is to take them off the market and reduce issues shares but of course not guaranteed at all, but better buying than not with a hope it might. Just a positive in my view.