The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Dr Cooley has also been loading up in CPX. He went over 10% there this week. Trying to work out what he sees in that given his uber green credentials.
I wondered that too dozer, while watching the interview. Whoever invests will still be providing the same a amount of money whether it's listed or private. Perhaps when private the company can dictate their own terms, but when listed they are beholden to the market - who knows.
Pretty much thumbs, they did the same with MXC.
Also if this is a deliberate blocking move why didn't he take more in the placing and be done with it? Yes I know he's getting them cheaper now, but he couldn't have known the sp would decline this much after the placing, so why take the chance when he could have taken more in the first place.
Ok, but then the said consortium of 3 like minded individuals will have to eventually show their hands. Unless they are deliberately not releasing TR1s then these 3 will currently be under 3% each. They have a long way to go to get to 29% each.
Right ok got it thanks. Although I can't see anyone owning 90% anyway so probably a moot point.
That's interesting coldrain, so if someone owns more than 10% of a company they can't be bought out without their permission?
Poshify, you been living in a cave the last few months?
Harrison that's out of order calling summers naive. Sorry if the rest of us are too thick to understamd the mechanics of what's going on here - perhaps you would be kind enough to enlighten us?
Personally I don't think it's anything to do with H2 Green. I'm of the opinion Dr. Cooley is an advocate of ALL green technologies not just Hydrogen. If you look at his LinkedIn feed he's bigging up all sorts of green tech. I think he sees far more importance to supercaps role in replacing / complementing batteries than we realise yet. CAP-XX was awarded the Green Economy Mark (see page 11 in the pdf), so it makes sense Cooley is adding CAP-XX to his portfolio of green stocks.
https://docs.londonstockexchange.com/sites/default/files/documents/lseg_green_economy_report_2020_0.pdf
Lord-hopeyou-makealot,
Yes that's correct. Cooley bought yesterday and he notified CAP-XX today, who in turn notified the market.
Cooley seems to be very strict with his notifications unlike some who abuse it and take days or even weeks (or sometimes never!)
Logically if he increased again today he'd probably have done it before the RNS - so as to get the best price he can, then he'll notify again tomorrow.
Intriguingly over 65% of the company was subscribed to in the placing and we've only heard from Cooley - there must be entities out there with a very large % holding of the company now and haven't shown their hand(s).
Santiago, what's your take on this?
I'm starting to think the only way we'll get a return on our investment is with a buy out, which you'd imagine would be much more than current price!
Ridiculously illiquid - two sales totalling £15k has reduced the market cap by nearly £2 million!
Shame to see Mark Halpin step down. I wonder where this leaves his £100m turnover vision. Also not happy with the £550k fee for extending the loan notes. It says that other refinancing was not favourable, so bit of a tough pill to swallow. Results are OK, but not exciting. Looks like this is in the bottom draw again for the next few years.
Should have a guaranteed RNS tomorrow either with results or explaining a further delay. My money is it will say it's slightly delayed but that results will be published at the end of the week.
Janoz316 you're even worse than Wobble and that's saying something. You're now added to my green bin.
It was downgraded from EGM to OGM.
...other than it being the shortest AGM in history.
"We look forward to reaching positive outcomes and will share the insights from the AGM next week."
Although I don't know what insights they will habe other than it being the shortest