Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I 100% agree, they have to be separated and listed separately. Its pretty clear that the markets don't understand 3 completely different businesses grouped together especially when 1 is paying for the other which is paying for the other.
Also - Not everyone who invests in businesses are traders looking to trade their way to a lower average or sell out quickly. Many people invest for the long term and like me will have averaged down nicely. But there becomes a point where risk managements team at IIās will say no more! Regardless of what you or we believe in, we are not allocating any more money to THG. Thatās where Iām at today. Minus the risk management teams š
Canary - I think you are missing my point. Its doesn't matter what mine or anyone else average is or weather you believe in my shareholding or not. We are worth a tenth of what we were 3 years ago a, 90% decimation of value under MM's leadership. The argument shouldn't be, "well you should have averaged down, you have had enough time to..." I hope I am representing everyone here from people who bought in at Ā£5, at Ā£8 or at 60p. We need action and there are too many yes men around him, too many people who are prepared to tell MM how much of a brilliant job he's doing on LinkedIn and Instagram. I have never been here for a quick buck, I'm far from being in the 35% quick money club. There are now too many question and no answers from THG. My biggest worry has always been is there now a conflict of interest? The person who "may" lead an MBO is also the person who can influence the share price...
LICKER - I think you are spot on mate. That's how i think this also plays out and the ICON deal back on is music to my ears as i think any new MBO partner will want Matt to add more money to the deal to demonstrate he also believes in the value at Ā£2.x My only concern is why are more people not lapping up the shares a these values. THG have so many moving parts with this potential MBO, so many large II who may roll over, this would have been leaked by someone to someone to someone else. As much as the city hate MM, they really like quick money. Unless they do know and just don't believe he can make it happen...
I don't think you can delete the comment, but can delete the post with the comments attached. Lets see. I'm sick of hearing about regulators and newspapers. I want to hear about THG and what we are doing as a business.
Yep! I hold more then most of the BOD and haven't sold a single share. I have been in touch with both this week. My biggest concern is a potential conflict of interest between a major shareholder, whose job is to create shareholder value and at the same time wanting to take the company private again. There is a reason why he let the GS go early.
My sentiment has changed after a poor investor call and now that we are back in the 60ās. Two weeks ago I wasnāt selling until Ā£2 minimum! Nowā¦ I will take a view when news starts to come in. Getting really bored of this now. Been here for almost 3 years and far from āquick moneyā Iām certainly losing confidence in our board. Nothing is being communicated to improve shareholder value.
mani ā we are 100% aligned. i also think as part of any middle east mbo, matt will be asked to put up Ā£100m himself at the Ā£3 valuation (hence the sale of icon) this will demonstrate to the new me team that he is also willing to put his money where his mouth is and more importantly at the same new valuation as them. (sharing the risk etcā¦) i canāt see this going any other way. there has been a lot of talk about premium listing etcā¦ there is no chance!!! why would he stay? heās a control freak (like most entrepreneurs) and hates reporting into the city and having to do things a certain way. he needs space to make **** happen! :-)
They will take it private with an MBO and then (an only then) announce a few massive game changing deals, like boots marketplace for ingenuity which then get spun out to NYC Listing, followed by Nestle buying MP and Estee Lauder buying beauty. In the end the sum of all parts will be Ā£10 and Matt will say I told you so! As long as we get Ā£3, I will sleep easy and have a beer on MM. (All my own opinion obviously)
Iain McD will be gone.
He may have got 75% of the vote on paper, but only 65% of share holders voted. With Iain's firm and matt's votes alone would have counted for a huge share of that. I would say his support is in the 50's (at best) which is not suitable for a PLC.