Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Its strange timing when you think about it. The right time to do this was March this year. The wrong time to do this is just as the vaccines start to get approved and rolled out.
Basically I times the current share price by number of shares in existence, then added the new shares to the total @ £1 each. Then divided by the new total number of shares. Which gave me the £3.00.
That's my basis for my "prediction", but rather than mystical I call it maths.
With increasing number of shares by 500 million, at around a £1 each. I would roughly predict a drop to £3.00.
They are almost doubling the number of shares, so more likely to drop significantly than increase in my view.
But new shares are being created at £1 each, a lot of them. So why do you think existing shares won't drop to meet that level?
Don't like the sound of this "To facilitate the rights issue, there will be a reduction of TUI's share capital followed by the rights issue at a price per share of €1.07. "
https://www.proactiveinvestors.co.uk/companies/news/935544/tui-agrees-18bn-finance-package-including-big-rights-issue-935544.html
Is there an option to report someone for being too honest?
"you and no better than someone on minimum wage"
I don' think I'm better, I know I am.
All this time and effort posting here about this bankrupt business. If you focused as much time bombarding your MPs demanding an end to lockdown - now that might make a difference.
Barely test vaccine? You first Kerry!
Millions of jobs are at risk, and in every industry and occupation. The fall out from the covid hysteria will be far worse than the disease. Batten down the hatches!
Our government has utterly destroyed the economy for a disease that 99.5% of people survive (around the same as normal flu). We are only just starting to feel the effects of this with businesses going bankrupt and huge redundancies as the furlough scheme ends this month. Get ready for the worst recession in history.
"just like restaurants are."
I'm going to ring all the restaurants that have closed down, not just this year, Pizza Hut is our latest victim, and tell them no need restaurants are here to stay!
"Your behaving as if governments, studios and lenders are going to allow an entire industry to fail simply because it got caught up in a global pandemic"
Governments do not have the money to rescue anything. Studios, probably quite like the idea of having their own cinema chain and are cash rich ready to pounce. Lenders, good chance of them going bankrupt themselves. No one is going to save you or anyone in the UK.
It doesn't matter if you lose 80% or 100%? Strange idea.
Tullow, Premier oil. Both are of interest at the right price.
Auction finished, only up 6.8% and falling rapidly. 5% now... 4.88%
I'm seeing up 25.71% on IG. Still in auction though.
"We’ve heard 8, 6, 4.... dear oh dear!"
Well yeah, its 8 Billion dollars, 6 billion pounds. Dunno where 4 came into it.
£6 Billion debt, £1 Billion assets.
"Cineworld is currently forking out £450m a year, more than its current market cap, just to service existing borrowings."
So stupid and corrupt.
"Yes, the problem started when they stopped having only straight white casts and crew."
It started when they stopped trying to entertain and instead their top priority was to indoctrinate. Go woke go broke. And many of you have done.