Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Copy and pasted from Peel Hunt note;
✔ THG & the strategy makes sense
✔ THG is wildly undervalued on the LSE
✔ At 141p, well over 2x today's share price, THG would still be at a 50% discount to global peers
✔ THG shares should be worth 272p within 2 years
✔ As Ingenuity Sales reach £1.2bn (c£700m today), THG shares are worth 383p. If Ingenuity EBITDA margins also reach 15% (low single digit today), the shares are worth 452p
Further to the announcement made on 7 March 2024, an application has been made to the Financial Conduct Authority ("FCA") and the London Stock Exchange plc ("LSE") for 30,629,135 ordinary voting shares of £0.005 each ("Ordinary Shares") to be admitted to trading on the LSE and to be admitted to the FCA's Official List. Admission of the Ordinary Shares is expected to become effective on 15 March 2024.
Looks like this board is now full of the half-wits from ADVN led by the oh so indignant Ste who doesn’t even hold shares. Probably only 3 or 4 of them but monotonously posting faux doom.
Used to be decent here but just unreadable now.
13,801
The company’s asset value will reduce by either what they pay out in a dividend or by what it costs to enact a share buy back.
Either way the ‘original asset’ as you call it is not intact.
Noel….so how much does the buy back cost the company and what is the effect of that cost on asset value? Unfortunately a buy back doesn’t come for free.
Well LSE need to think long and hard because their market is rapidly disappearing down the proverbial plughole.
For starters….why would pension companies want to invest their clients funds in the knowledge that their investments will get cynically and systematically bot traded into oblivion? It’s why they have all exited!!