George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Looking very good.
This could move fast. Which shorter will lose their nerves first?
Up 7%
Moving up..
Up 20% now
New low. wow 1.7 shocking
One more last attempt to raise cash. 0.005 then its over as people are sick of buying these shares at lower and lower prices. Perhaps one more consolidation? lol
Up 55% now
2.6 - 2.8
UP 39%
What a turnaround
A company that depends on fundraises to stay afloat. Never going to reach profitability. Over valued now. Expect big drop shortly. A billion share issue?
No one wants their products. This thing on AI is a non starter. They wanted to get people excited so they can get a fundraise away at a higher level. Not sure who would fund this. If it were to be funded looks like they would need a billion new shares.
Sad day. This company was part responsible for forcing Flybe to be bought out. Now they have. By the same people.
BUT FIRST HOLDING RNS TODAY OR TOMORROW AT THE LATEST. another rns to drop shortly.
Dr Graham Cooley could now have approximately 25% holding depending on his buying the last tranche of Conaccording holding add taking the shares from Quilter.
He could then announce a take-over deal. Or at the very least a short term loan with a board position.
0.5 pence price target.
MOST LIKELY OUTCOME TO COME.
1. Dr Graham Cooley worked out a short term loan agreement, saving CPX from immediate administration.
2. Dr Graham Cooley is working on a form of RNS for his own company which allows him a listing.
3. A Company or companies working with Dr Cooley work on business cooperation.
4. Holding RNS giving Dr Graham 25% of the company
5. Take-over offer from Dr Cooley or his affiliated businesses.
6. An offer from Tesla/Maxwell and or some carve up between them and Dr Graham.
Any or all pushing this company up another approximate 200% rise. In the case of Tesla Offer or Offer from Dr Graham. Expect multibag rises up to 1.0 pence plus.
You will not have to wait long. Some or all could come as early as tomorrow or Monday.
DOCTOR GRAHAM COOLEY COULD BE HOLDING 20% PLUS NOW IF HE BUYS THE REST OF CANACCORD HOLDING. 25% IF HE BOUGHT FROM QUILTER.
WILL HE MAKE AN OFFER FOR THE WHOLE GROUP?
WILL HE JUST WANT A BOARD POSITION AND GIVE SHORT TERM LOAN?
HOLD FOR GOLD. 200% or 300% more in this.. 500% plus if Tesla takes a stake or 1,000% IF a takeover from them.
Doctor Graham to announce an approximate holding of 20% and or a take-over offer of around 0.75 pence. When it comes this will be the big rise. final settlement of 1.0p could be expected to be voted through. However the company could always announce an RTO with one of the Doctors companies and or a short term loan from the same. Administration has been averted and now it is about who will be running the show. Could also be a bid from Tesla it self. They will not get if for 1.0p. Closer to 2.0 - 3.0 more like. good luck all.
The real rise will come when the company has either received a short term loan offer from Dr Graham, and or a holding Rns Reporting the Doctor now has 20% and above holding and and here is the big one, received a take over offer from the same doctor. Well done to those that bought this morning and ignored the nonsense. More rises to come. Take-out price 1 pence or above. At least 200- 300% more to rise for fair value. Good all. Market Makers are short....take advantage.
Its an unprofitable company that will always be unprofitable. Its closer to a charity. You keep giving it money to stay afloat so that it can supposedly help other companies may some sort of meds. You buy these shares because you want to do good. Never to make money. This is a company that takes your money and gives nothing back. It will not be long before it is more dilution that keeps the gravy train running so that those in the management can take wages. If your charity minded that is fine. This companies shares will continue to get lower and lower. It is not really a going concern without constant fundraises being successful.