Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It's very easy to check whether this is a buy: compare it with the bid/ask for the transactions before and after the time stamp.
Those 2.1p look like they were well over the previous ask (i.e. the advertised buy price).
Note how those crooked market makers waited 24h to share that info.
That must explain why the ask and bid shot up in the morning.
EarlOfAim - thank you very much.
I don't quite get why you think I'm especially positive though.
I must say that I'm not a fan of when you bombard the board with "what ifs" either. However, I must admit that I've been around these boards and seen similar posters long enough to know that asking you to please slow down is unlikely to make a difference. And I've witnessed far worse posters and disrupters than you anyway.
Needless to say, I ultimately wish you the best of luck with this and your other investments and trades.
Respect to you for not taking personally my last comment - I hadnāt even paid attention to who was the author of the last post before mine when I wrote mine.
Especially taking into account the often puerile attitude of posters on LSE.co.uk.
Sorry but people complaining about the lack of contract updates is a display of incompetence.
The interviewee from Zenova said explicitly an update was expected 6-8 in weeks (minimum, IIRC) from his interview date (22 March) available on YouTube.
https://m.youtube.com/watch?v=xqbw_S1Q53M
Itās only been about 4 weeks.
Or maybe somebody who has been following this share for years, knows itās priced just above cash in the bank with no material debts, saw the solid last set of results and noticed the clear hammer at the bottom of a short-term downtrend. Just as wildfire season is (unfortunately) starting again.
Just got 257143 shares at 1.89p, executed at 10:04. Letās see how late MMs will report it!
1Squadr0n - Iām not a new joiner. :-)
(I just canāt easily prove my earlier meaty buys 2-3 weeks agoā¦)
I bought Ā£14k worth of shares at 1.94p per share at 13:17 today - obviously those b@stards didnāt report it yet!
I wouldn't read too much into that video and what is just a "brand refresh" (to use ITM's own words).
ITM is not a mass consumer business but a heavy industrial B2B one, which is driven by sales rather than marketing. This type of video is more seen by investors than actual customers. And it largely reiterates what it has claimed to have been doing over the past 12-18 months.
Simply because the board (or at least some the main shareholders) are asking for way much more than Elliott, and maybe JD.com, are prepared to pay. In which case it would be time to move on for both.
None of us knows even knows whether it was just a semi-punt from JD.com and it may not even have spent any time on the matter, especially after the response to Elliott.
Source:
https://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf
Swanley - your partial quoting is (presumably accidentally) misleading. You are missing this key paragraph at the end of both Rules 2.7 and 2.8:
āFailure to comply with this Rule may lead to the period of six months referred to above being extended.ā
That means that JD.com is not FORCED to say it is walking away if itās not interested anymore. If it remains silent, it may be only be penalised by possibly having to wait for longer than 6 months to make a formal bid. Not much of a punishment, wouldnāt you say?ā¦