Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
In addition to which both PwC and the Board would be guilty of misleading the market with the RNS on 1 March if they knew then that there were other factors at play. Audit delays are now very commonplace with resourcing on audits a real challenge for all audit firms. The original explanation is plausible.
Its horrendous. They did not allow trading after the suspension until about 1030 Friday as a result of which I missed buying at 12p and even then only after I called about 6 times.. They're not set-up for trading equities
This is what the market is looking at - businesses that can grow activity in this climate are worth investing in. Very solid announcement and as previous poster noted they have cleared the decks for 2021.
Hope this is the start of us firming up towards the interim results next week. There is a compelling back-story here as mentioned by many posters - hopefully folks will start to realise this and we get some good upward momentum
you'd think Joe punter would see through these stunts
the spread is almost a penny on my platform, despite decent volume. Extremely weird
"The stock market is a device for transferring money from the impatient to the patient" - Warren Buffett
Agree - he had made a great impression and looks well placed to get this business through the crisis. It seems the objection is more procedural than anything ("one-off payments" not being regular). I would have thought a one off payment is highly appropriate for someone who has kept the business going (and thereby saved 000's of jobs).
quite right. Effectively at the moment there is a parallel market at 30p which is pegging the shares back. Once the allocations are approved on 9 July then this assumes an upward trajectory. This is a rock solid business that is significantly undervalued. My end of year target is 60p on this share.
I should think this will start to move once the capital raise is out of the way. Huge amount of chatter about "shovel ready" infrastructure schemes that will only benefit SIG in the coming weeks and months so it must start to assume some upwards trajectory soon
I have spoken with Barclays and Fidelity and they are both onto it with the open offer being made available (from Fidelity) in the next 24 hours. They make the securities available on your account (but not tradeable) and if you put the cash in then they get converted into ordinary shares on the date specified in the Prospectus (9 July I think)