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I think the share price next week will hit sub 0.7p as it is far too technical for jury to rule in Cap-xx favour imo. However, regardless of the outcome, it is clear now that Cap-xx will be mired in continual future legal wrangles with Musk/Tesla which will just be a drag on the business and the share price in 2024 and could well signal the start of the end. I thought a settlement would have been the best solution - maybe Musk wasn't interested in one, perhaps preferring to use his limitless financial clout to teach Cap-xx a harsh and terminal business lesson, who knows.
Good luck all. Off to new investment pastures.
Well if the case goes ahead next week, we'll probably never find out if Maxwell did indeed put a settlement offer to Cap-xx. If it did and Cap-xx chose to fight rather than negotiate then it could well be a decision that comes back to haunt them, regardless of the outcome. Ongoing Tesla legal action will just drag the business down quickly imo.
My personal view is that Cap-xx will fail next week as big money talks, particularly in the USA ie. the costly lawyers will find a chink by hook or by crook. So, if there is still a chance of a settlement before the case starts (where Tesla withdraw's its counterclaim) even one on Musk's terms, then I would grab it if I were in Cap-xx's shoes.
Early Monday morning settlement or game over for Cap-xx?
All deluded here. Settlement coming imo and will, of course, be on Musk's terms at this late stage. Now thinking will be nothing better than "you withdraw your claim and I'll withdraw my counterclaim". Possibly also a gentleman's agreement on strategic relationship going forward but with no guaranteed sales. If I were Cap-xx, if this is on offer then I would grab with both hands as the alternative is a business grinding to a halt quickly - don't cut off your nose to spite your face! SP next week to hit sub 0.7p as a result; time to take your profits ramping daytraders?
I got the sarcasm. I said the end of the week meaning next week ie. the week leading up to the scheduled court case. So let's see how many pump & dump plays the rampers can fit into the next 5 days and how many more shares the institutions can offload in that period. I'm sticking with the 100m.
Lol, is this the best you can do iwgrod. To clarify then, just for you, expecting institutions to sell 100m by end of the week ie. 1 week of trading left before derisory settlement when share price could hit sub 0.7p imo. How many have they sold today, and counting?
Not trolling. I'll keep repeating myself. Cap-xx future is down to whether Musk withdraws Tesla action. So Musk is calling the shots on any deal to be done which will be on his terms for sure. Accordingly, If a deal is done then it will be on a basis that will cause the sp to drop to sub 0.7p in my opinion but at least will allow Cap-xx to move forward from that point. That will be the time to invest imo. Institutions realise this which is why it appears they are offloading.
Don't count your chickens. By my reckoning institutions looking to offload huge chunks this week so more pump & dumps before sp drops to sub 0.7p on announcement of derisory settlement.
Beware of the rampers!
The difference between me and most on here is that I think Musk holds all the cards and you think Cap-xx do. If I were Musk my offer would be "I'll withdraw Tesla legal action in return for you granting Maxwell royalty free licence rights in perpetuity and zero compensation" so I'm being generous saying Maxwell may offer as much as $2m + discounted royalties going forward. The trading pattern of a week ago demonstrates to me that institutions are offloading ahead of some derisory deal being agreed before the court case starts. You have your opinions and I have mine.
No herds will be jumping in here tuan whilst Tesla is countersuing, regardless of court case outcome or an earlier settlement.
In order to make a settlement attractive enough to Musk to withdraw Tesla legal action my money is still on a derisory settlement ($2m max), to be announced on the morning of the court case upon which share price drops to sub 0.7p. By my assessment, I think the institutions will be looking for a few more pump & dump plays before then to try and offload another 100m shares to punters.