Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Have they said when the buy back will start?
Shorting helps to get bargains.
Triple Witching
Maybe he should go on Dragons Den, obviously he can give away some of his own stake rather than ours.
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If I was a director I wouldn’t be buying shares on the market afew weeks ago at 9+p if the company were going to need to raise cash shortly.
At least Anger can find some solace in his losses by posting on here 16 hours a day.
It’s not looking good at all, serious clear out of management needed and fresh ideas. No company will ever succeed when they are constantly at war with their staff.
For the fifth or sixth time…..GLS would not be used to subsidise Royal Mail. That’s just an obvious fact to anyone that understands the situation here. It can be sold off or spin off any time the chairman and shareholders so desire.
In your opinion
The losses here are going to be so great that they probably won’t have any choice but to subsidise it from GLS. As I said previously if they do choose to sell off GLS the market knows they are a distressed seller due to mega losses at RM. The best outcome for shareholders would be for DK to make a move but I wouldn’t expect him to pay much of a premium with the way cash is being bleed. It’s bordering criminal the way the company have allowed themselves to get into this position after posting record profits.
My opinion
Yep it climbed because of a once in a century pandemic, they got lucky.
Structurally what has changed though, all you hear about is losses and bad management which is exactly the same as before they got lucky with the pandemic.
What’s wrong with the question?
Yes they have GLS to sell but they will be a distressed seller, what else am I missing?
What news are u expecting except heavy losses?
Will surely to raise capital shortly, wonder how much holders will get diluted and at what price. Be interesting to see if DK takes his chances in the weeks after a fundraise
Anger
He is far too hung up on the union. Everybody knows RM has a massive strong union. That’s what you’re investing in, if you can’t accept that you shouldn’t be investing here. As I said the company went looking for a ruck and found one, they have nearly bankrupted the company in the process and have lost the battle. They need to ship out.
You need to ask why the company has financial problems and not get so hung up on the union. If the company had given them 4 or 5% last Feb when they asked it would have probably been accepted and they wouldn’t have been in this mess. Instead they went looking for a ruck and got one.
I’m still on the sidelines but you need to better understand the company you are invested in. The board and senior mangers have also fallen into the same trap as you and don’t know the company they are running.
The company could be anything they wanted to be with better management and a workforce that’s onboard with a vision and motivated. If a new management team can achieve that then I’m in.
Another total car crash. How much are these 3 taking out of the company in wages every year, criminal that they couldn’t give a straight answer. Will carry on waiting for 170-180 before I revisit investing again.
Can’t u lot trade banter/insults over WhatsApp or one of the many other messenger services.
This BB has gone down the toilet like Royal Mail.
Lost in between AngerSharkz‘s 100th post of the day I think you mean.
It’s why I don’t bother much with this forum, it’s unreadable.
Good to see the union offering a vote to members on the deal offered by RM, results 16th November. Strikes cancelled on 12/14 November.
Dowsie
The market decides what interest rate the UK pays on its debt not the BOE and it’s not looking pretty. What a mess.