Is there any reason that AK wouldn’t broadcast/RNS this news if it’s our IP involved in these new range of coin batteries ? I seem to remember when the Spire Health Tags were launched we had an RNS and another when they went into apple stores worldwide. In the Proactive interview he commented on being more transparent etc...just wondering if there is a reason why he wouldn’t make the news public. These batteries are commercially available now so it’s hardly confidential info.
I feel like People now copying and pasting but just taken this from the Other board..Compelling stuff :)
Following the recent placing at 3p that raised £3.4m to buy Murata's supercapacitor assets , Ruffer Llp has become a new shareholder of CAP-XX owning 7% of the equity ( see today's link below ) , which means the institution took around 1/3rd of the stock on offer . Ruffer manage around £20bn of funds , and have built their excellent reputation around an independent active no nonsense long-term style of investing . Their mantra is consistent positive returns regardless of how financial markets perform , and their current asset allocation model is fairly telling - 31% index-linked bonds , 10% cash & 7% gold and gold shares . Therefore , it is a great credit to CAP-XX that it passed their current highly risk averse approach . Yesterday , we also had confirmation that David Newlands has increased his CAP-XX stake in the placing from 5.3% to 6.5% . He has built his own reputation around successful UK small cap investing . The directors of CAP-XX now own over 5% of CAP-XX , and are all over 60 years old . The CEO and founder , Anthony Kongats , is 61 and owns 2.3% of the company . Fingers crossed that the 3p level is now the absolute floor of the CAP-XX shareprice , and that the decommissioning , relocation and recommissioning of the Murata supercapacitor assets all go according to plan , thereby transforming CAP-XX into serious profitability in their financial year to June 2021 , as expected .