The heavy ramping and trading pattern in the last week suggests this is a co-ordinated attempt to leave private investors high and dry before the seemingly inevitable bad news hits.
It seems everyone on here just accepts that the Tesla action is just a settlement tactic. If it is more than that then Musk knows it will take very little effort to push a tiny company like Cap-xx under. Who knows what he has in mind but the risk is very much real and that's the harsh reality here whether you like it or not. Let's see how this unfolds in the next few weeks.
Careful cj, I may sue you for stealing my ip.
Based on Cap-xx over-promise/grossly under-deliver record, I think my synopsis is a tad more realistic than your pie in the sky version. Read it again and I think your average punter would have to agree. Trouble with chatboards on Aim is that the vast majority try to convince you that utopia is just around the corner when the harsh reality is often quite the opposite.
Rampers just can't help themselves. IMO, last week was nothing more than an artificial rise to enable institutions to take a 10% return on some of their equity shares. A lot more of these pump n dumps to come so why would you buy at this price?
Gobble, I broke my pledged silence just for you as I know you look forward to my posts so much, so what could the future look like?
1) Out of court deal to buy Cap-xx in next 2 weeks => Cap-xx rolls over => Tesla offers Cap-xx $5-10m in return for guaranteeing Cap-xx employees' future => Cap-xx manage to get enough shareholders to back the deal
or
2) Out of court settlement in next 2 weeks => Cap-xx rolls over => Maxwell pays derisory $2m settlement & agrees to nominal licence fee arrangement going forward => Tesla continues its separate legal action => Cap-xx 2024 sales suffer significantly as a result => Cap-xx employees start to depart => Cap-xx goes into administration by Summer 2024
or
3) Court case goes ahead in Dec => applying OJ Simp formula ...big money talks => Cap-xx loses case => Tesla continues its separate legal action => sp plummets => Cap-xx employees depart => Cap-xx goes into administration by Spring 2024
or
4) Court case goes ahead in Dec => Cap-xx wins case => rampers pump & dump => very shortlived sp rise to 2p => Tesla continues its separate legal action => institutional big sell off => steady decline in sp => Cap-xx sales suffer significantly as a reaction to Tesla ongoing action => Cap-xx employees start to depart => Cap-xx goes into administration by Summer 2024
or
5) Court case goes ahead in Dec => Cap-xx wins case => Tesla withdraws its legal action => sp gradual rise to 3p => sp stagnates with partial institutional sell off => Cap-xx reports very few new licenses & usual poor sales revenue in mid-term results => steady decline in sp => Cap-xx gradually runs out of money and goes into administration in 2025
or
6) Court case goes ahead in Dec => Cap-xx wins case => Tesla withdraws its legal action => sp gradual rise to 3p => sp stagnates with partial institutional sell off => Cap-xx announces new raft of licences & multiple increase in sales revenue in mid-term results => continued steady rise in sp to 6p in 2024 => Cap-xx thrives as independent world leading business & hugely expands its manufacturing facilities & licensing to meet demand => sp rises to 15p and continues its upward trend in 2025
My money is on 3) though any of 1) to 5) is not out of the question.
Guess you're trying to hoodwink the gullible here that you think a 6) Wobble Gobble Gobble , lol.
You just don't get it Trading. The validity of their claim is completely irrelevant. The mere fact that Cap-xx would be embroiled in endless legal proceedings is what will strangle the business. Couple this with the fact that Cap-xx operational costs are going up significantly whilst sales revenue is drying up, the end could be quick if Tesla fails to withdraw its action by end of this year. And in your world, if things are so rosy why is the share price plummeting driven by 100m shares sold since the counterclaim announcement? It would probably be even higher than 100m if there were even more gullible private investors here to offload to. As I say it's staring you in the face. I'll leave you and your ramping mates alone now to watch the sp continue its decline as the harsh business reality here takes hold in the coming weeks. I'll be back when the Maxwell outcome is announced to see if there is any simultaneous decision by Tesla to withdraw its action.
And what has happened to sales revenue, in free fall? Tesla counterclaim means there is no future for Cap-xx in its own right imo. If I'm right then which companies will recruit Cap-xx's design brains and when will production start to be affected, if not already.
Lots of mañana dots Trading. How many years has Cap-xx been over-promising and under-delivering? I'll let you answer that one.
Some more dots of my own - why did Kongats suddenly step aside from his baby after all these years when all these great things you refer to are about to come to fruition? Hmmm. It must have been a real shock for Cap-xx employees. What reason were they told for his decision and was it the real reason - they must be very nervous about their futures at the moment. My theory is that Kongats came under pressure to accept that Cap-xx could no longer grow as its own entity and that some form of merger was the only way forward. Giving up his top dog role would have been tough so he accepted a golden handshake. So could a deal with a 3rd party be going down behind the scenes at the moment, possibly, given the share price is driven down and Cap-xx remain tightlipped. If so we are now in the territory of $5m max. My personal view is that the Tesla counterclaim (unless withdrawn) will push Cap-xx into administration in the New Year and Cap-xx assets will be up for grabs. Either way, pretty desperate for loyal private shareholders sitting on an average of anything over 1p.
A bit naive of you Grove, there is no such thing as a spurious claim in the legal world when there is a bottomless pit of cash. I cite O J Simpson as an example.
I'm just joining the dots which is what investors have to do. Unless Tesla withdraws their action then imo the prospect of a future of court battles will very quickly starve the business of the oxygen it needs to survive and grow. Who will buy those "infringing" supercapacitors? As I said this whole mess must be playing on the minds of employees who have to put their careers first and it seems obvious many will be actively looking. No hard facts, just joining dots. If you want hard facts then message Cap-xx, good luck with that.
We've seen the last bounce imo. This will now proceed to administration by the New Year if Musk does not withdraw the counterclaim. The writing is on the wall, I think key loyal staff will have no choice now but to save their own careers and will be jumping ship as we speak. Without the right people you don't have a business. Expecting some dire RNSs in the next few weeks, sorry.
It is uncanny how often abuse starts flying on these boards when someone dares to challenge the status quo. Also, it is not for me to answer the questions, that is for Cap-xx.
I look at it from a strict business perspective and the alarm bells are ringing. Kongats unexpectedly departs, sales dry up, the world's richest man countersues, the share price continues its steady decline, ip is expiring, no words of reassurance are emanating from the Cap-xx board etc etc.
The big risk for Cap-xx at the moment is retention of staff. If anyone here was currently employed by Cap-xx they would already be looking for an opportunity to get out very quickly if things don't go Cap-xx's way in the next 2 months. So active job hunting must be happening right now. For Cap-xx to have any future in its own right then imo 2 things need to happen in Dec - firstly to win its court case and secondly for Tesla to withdraw its action, neither of which are by any means a given. Unless BOTH these happen in Dec then in my opinion Cap-xx will go into administration early in the New Year, Cap-xx employees will move to competitors and (rather than a buyout - as we seem to have gone past that point) competitors will just wait until Cap-xx physical assets go up for grabs as part of the adminstration process.
Less than 2 months to go to determine Cap-xx future imo. In the meantime what will large shareholders do - stick or twist? Private investors need to be wary of the pump n dump plays and if they do decide to get sucked in then only invest what you're prepared to lose as things could end very quickly for Cap-xx if (when considered from a cold and logical business perspective) both the above don't go its way.
The only muggers here are the long term holders with averages probably between 4p and 6p deluded about the future ignoring the fact that the world's richest man is taking Cap-xx to court. Well, if I worked for Cap-xx then I would be very worried that I would still have a job in the New Year and would be actively looking for new opportunities now.