Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Key line “ It is anticipated that further purchase orders will follow for additional and recurring projects.”
Add this to the other order rns and company is finally now revenue generating and delivering. Expect more news and growth and steady rerate here.
Nice delayed buy.
Then a 250k buy at 4pm to send it up to 3.90 and NT to buy into close with full ask paid at 4.05 and unable to buy into close.
Bought what I could. Nt to buy ÂŁ50 worth even. Happy with those buys as 5% below placing price. Well below the options. Nicely cashed up. Expect updates in March.
I see shorts reduced further now. https://shorttracker.co.uk/company/BMG4209G2077/
The shorts always increase at 400 and then reduce 360/370 of late especially from those that popped up over threshold today. They may have caught wind of the out options being closed by Mike and used the opportunity.
Ultimately Mike has increased physical owning to 19% now. The free float in asos is very tight as you have the Danes with 27% and Camelot with 14% so between those 3 that is 60% of shares in issue! You then have t Rowe with over 6% and Schroeder over 3% so that’s near 70% not available in reality. Then obviously quite a few smaller funds with 1-2%.
Article in times today saying Mike is kingpin of deal at curry’s with anyone wanting to buy needing to go through him. Get him on side. If he makes a nice return there he will have more free funds available…..asos? Topshop?
Rumour mill may start again
It’s the same as ever on this board. Same names I remember in covid when this was a screaming buy around 70 and had to put up with the nonsense of lemons telling us it’s all doom. Worked out beautifully then as it came back up when people realised the world wasn’t going to end with Covid. Good to see the reputation of those tobys are still the same.
The definition is more like “knowing of any price sensitive detail that is current and agreed” - something in the pipeline or proposal is not the same as sign off. Always good when director put up their own cash. Exactly on the day that we read about budgets. Have a beautiful day and keep away from the lemon
It is pointing towards being sorted. The Iraq opec agreement with exactly the spare capacity that would come from Kurdistan. The energy minster saying they are close and then the kurd mp meeting with Turkey yesterday.
So not just me who thinks this putup “muppet” is a wet wipe.
In other news look what meeting went on today. https://www.rudaw.net/english/kurdistan/130220241
The shorts may have been deliberate plot to get price down for the funds or that fund to be buying shortly. Seen shares jump up quick with huge buys when added and likewise drop quick (avacta) when deleted from the fund with huge sells.
Positive none the less and will see a move shortly. Could be a good squeeze if pipeline comes back on line too
“ The Morgan Stanley Capital International (MSCI) indices are widely tracked by passive funds and any inclusion of stocks or increase in weightage of stocks in these global indices are expected to lead to inflows from passive funds tracking these indexes.”
“ Once a stock is added to the index, it is argued, demand will increase dramatically—and along with it the share price—as institutional investors rebalance their portfolios. And as long as that demand continues, so will the stock's price premium .”
Addition here. Will expect to some large purchases now.
https://app2.msci.com/eqb/gimi/stdindex/MSCI_Feb24_MicroPublicList.pdf