Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
My aj bell account was updated yesterday morning which showing a paper loss but will sort itself out in time. I think the service from AJ B Is much better than that of Barclays haven’t heard a peep from them and my shares changed after hours last night
I do like the fact that the company is operating outside of the UK / eu so offers and edge to Brexit. Although I fear should the worse occur this will still follow the market in any initial fall following a no deal result. What impact does the duel listing have on the valuation of sdx, given the current size of the business. Does this duel listing dilute the increase in share price given the positive growth of the business
I agree the fundamentals have not changed based on available data. However from its peak around 40% of the share price has been lost at a time when a lot of risk has been removed
I can’t find anything on the web that suggests the fundamentals are different there does seem to be some public and political aggravation in Morocco reference fuel prices with some corporate profiteering resulting in a politician looking to take action against such companies. The oil price increase does look set to bite its economy perhaps this could be a trigger for review of gas pricing strategy
Putting aside theory / justification for the drop, the question for me is how long it will take to break back through the 60 and 70p barriers given the stock traded sideways over 7/8 months at around 50p on continuous good news and dipping on 1 or 2 none commercial drills. I find it interesting if not a little ironic that the research companies lagged significantly behind what share holders thought the stock was worth last year with very little updside and now have valuations around 85-95p (something like + VAT would be nice) and a share price that is steaming toward 48p I only hope those on the other side of the investment table are not aware of something a miss or a risk we are yet to find out about
This is a good thing for the business in the long term a better balance sheet and should also de risk our investment and if all is good a significantly increased share price in a shorter period of time. Will b topping up
my guess 3.70-3.80 if there are no major retractions in the markets. Q1 results could be due then so this may also help, but with trade wars, the Russians and Trump there are plenty of environmental factors that could also pull the share price downi
assume your shares were not in an isa - not sure if your broker can transfer them in to an account so at least you avoid buy and sell costs assuming you have not maxed your allowance. There is always a sipp The strategy assuming one had funds would be to hold long term and buy additional on the dip yesterday thus gaining 7% dividend and further 9% upside due to offset for dividend = 15% return once share price returns to the prior trading range.
HI Oldabutnowisa Im a little confused by recent posts and what they really mean or refer to. My understanding is this business is paying existing shareholded as of 15.3 (Registered on books) a substantial dividend - 20% return for being a valued shareholder To prevent a 20% drop in share price the company is buying back shares (Cancellation) of shares that exist in the market. I cannot identify where the risk is or the problem lies with this Clearly tax is a pain but even at 40% tax or more if you do not hold in an isa it still beats most dividend yields so the net benefit is surely worth having. If i am missing something would appreciate an explanation. Have only been investing in shares since last August (Returning to the market after a sustained leave of abscence)
looks like it is going to test the current support levels of 50p per share its IMM, MTFB and AGL all completing FDA this year certainly going to be interesting for this sector. Will be looking to top up if it falls below 50p per share
Last year SDX was in a similar position - it ended the year up 68% with support levels at roughly 50p per share and would expect further increases this year providing the appetite for investment in stocks and shares remains constant. There are lots of buys and recently some sales with Echo for sure but nothing out of the ordinary. Lots of activity during 2018 / 2019. Now they are back trading and have raised cash with some slight dilution due to increased number of shares this has impacted the share price and perhaps due to the cost / risk associated with new drill programs. The stock is clearly a buying opportunity and with positive news over the next 1-2 years this will appreciate in value. (I would expect this stock to be in Malcy's bucket list for 2018.)
I sold the lot expecting it to fall to 31p brought back in this week, but kept a bit back just in case
Perhaps it's people taking profit and edging bets as to market movement or lock-in profit for year end. No news it's going to drift either that or everyone's buying imm
one would suggest this is an opportunity to acquire not a reason to be concerned? The share price has fallen a bit, but then again so did majority of shares last week the question we should ask is why that the share price has not bounced or recovered to what it was?