We would love to hear your thoughts about our site and services, please take our survey here.
We fund it ourselves. We have 1.6 million + 2million from tax rebate + 200k profit (Predicted). this is without the truck start deal lithium and the new product launch. So 3.8 million +. The board might already be thinking this way, if they can fund themselves the upside is much better.
The reason the funding isn’t sorted yet is because they don’t need it yet as stated at the agm. The longer the court case goes on the stronger we become making more profit. If the Chinese copy it’s usually very hard to fight but the could only sell to China ???? if the sell to the USA we go after the company in the USA. We are in a great position.
Just based on profits I think we’ll see the 15p easy however year end results will come out in September and the court case starts in July and will probably be over by September so that’s gonna have an impact. I don’t think we’ll get much good news in feb for half year report due to order book but they did state this was bouncing back so we might get a surprise.
As long as you believe the company will make a profit this year the share price now makes no difference to anything CAP-XX know this that’s why they’re more interested in turning a profit than crying over the share price.
The funding isn’t in place but they don’t need it yet with the case being pushed back then pushed back again. It’s due to start now in July I believe after our next year end when we will be in profit. We might not even need the funding by that point.
If Maxwell were to make a bid it best be done now as if the do it next year I suspect the share price will be a lot higher.
Imagine the lack of orders was due to price increase. I imagine most customers ordered more than usual last financial year so didn’t need to reorder so soon. Those orders as well as extra orders are now coming in. The order book is bouncing back.