Member Info for MakeMineA99

3.14 I imagine CPX will carry on in some guise after shareholders have been wiped out.

Indeed annie, this is puzzling. Also why do Maxwell need more time to work out their costs. Either they know their costs or they don't. Why do Maxwell need more time? It can't be financial because whatever Cpx owe Maxwell would be peanuts compared to Tesla's revenue. Surely Cpx going into admin is inconsequential to Maxwell/Tesla.

That's more than 3% of the company sold in one go. So expect a TR1. They obviously have no faith that this will be resolved.

No I think Laura has it over on the CPX board.

I struggle to understand the synergies of Tesla owning CAP-XX. The licenses are invalid and in any case had already expired. Presumably then they would immediately repackage the company and sell it straight on. Else why bother owning a company that's only making 7m turnover?

Apparently there is a link to a joint venture between CPX amd DGI in collaboration with Tesla. Anyone heqrd anything?

You too JTyler, it's looking like the end of an era here. 7 years obsessing over this share and nothing to show for it. Very sad but that's life.

Laura's post has just been deleted - I wonder why??

Hi Laura, thanks for that. There is a tiny glimmer of hope then. Let's all keep fingers and toes crossed we will be saved.

I've been shell shocked since I woke up this morning, I've written my money off. I think I need to go to gambler's anonymous as I have lost a very large amount of money that I can't afford to lose. But at then end of the day I still have my health and good friends so just will have to dust myself down and carry on. Sorry for all shareholders, I really believed in this company and we've all been badly let down.

The bottom feeders looking for technical trading quick profits

Sharp practice is exactly what's at foot. Lars has been talking to a venture capitalist the last couple of months.

They are using it! It's used up already!!

This can't be happening.

I know how you feel. It's my biggest investment too and I'm sitting on an eye watering loss. I'm still peed off with the outcome of the court case. I think the company will turn around - it requires the patience of 12 saints! Selfishly I hope the sp stays around here until April and I will be adding more. It's all or nothing for me now.

Rusty an alternate scenario: 1) Mike Taylor announces to the board a couple months ago that he will retire, 2) Six weeks ago the company advertise for a new CFO (this was posted on linkedin at the time) 3) Today the company announce Mike's rwtirement to the market and that they have been successful recruiting his replacememt.

They've done well to get the new appointment in just a few week.

PS. Shock - Man in his 60s retires!

Earl of Pump has arrived, time to sell.

I missed this little snippet:

"...whilst royalties are still anticipated from AVX, we believe the cash and recognition of these will fall just after the period end. We now leave royalties as upside in our forecasts..."

And:

"Whilst we conservatively anticipate more modest growth in 2H FY24E and FY25E, we see upside to this growth through the sales pipeline analysis performed by Lars. We believe delivery on these expectations would lead to a significant rerating..."

So back dated royalties from AVX are still expected, but discounted, and when received will be upside to forecasts as well as upside to outperforming conservative growth estimates.

Yes not ideal but not too bad considering, so will be good to get it out the way and move forwards.

Tesla used 20 lawyers against CAP-XX! Apparently Tesla's lawyer's fees were even more than what they would have had to pay out if they lost. Also suggests the other case will be dropped by both sides in due course.

Sluggish growth predicted over the next few years. Lars has completed the pipeline analysis but has not shared this with anyone outside the company. Small placing of A0.5m will be required before the end of H2. However predicts significant return on investment. Share price forecast is under review.

The sooner the better, before we all pop our clogs....

https://www.ftadviser.com/investments/2024/03/05/call-for-changes-to-london-stock-exchange-to-make-aim-market-appealing/