Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Sorry if this has already been discussed but i cant figure it out - what is the cause for SIG share price dropping since last weeks news?
am i missing something? fundamentally this appears to be a very good recovery stock. which "should" do well once the pandemic comes to an end possibly late this year if not next year assuming the governments vaccine roll out goes to plan and for it to work efficiently to prevent infections of those who have been vaccinated.
Tempted to top up my SHI holding at this level but really not sure what is causing this share to be a non-starter.
Anyone else still have their open offer shares not paid for and merged into their main holding with IG as yet? I had confirmation that pay date was 10th and should be complete this week?
Ok thanks both - for peace of mind I have replied to the confirmation ig sent me last week just to double check they submitted my instruction successfully.
hi guys, just wondering when money for the the open offer shares in ig should be taken and for these to be converted to ordinary shares?
Just thought I'd ask see if this has cleared through for anyone else yet as last thing I need is for IG not actioning the purchase for me despite the confirmation email I got from them.
Thought the time had passed now and moneys would be taken from account.
Thanks JT.
sorry i have not been following much this week as been busy with work and cant keep up with the message board.
what has actually changed since last weeks drop to 50p since the placing other than 20% dilution?
Im trying to work it out and why the drop to 45p - i get the markets are down and yea a dip to this level could happen on no news but is there anything i am missing other than "sentiment" or broker re-rates that could cause the SP to drop further... i see no additional RNS's of much interest.
When purchasing via the RI... do we still pay commission + tax like you would purchasing on the open market??
Thanks for this @2reincarnated - i think i know the answer to this, but lets say i have instructed IG to take up the offer already. Up until before the entitlement day, can i reverse my instruction still so long as its before the deadline?
I think what you have outline below is a good idea and makes sense but with that in mind i would not want to proceed with the 30p open offer shares if at that date the actual SP is lower.
something tells me this wont be the case but hey, we just never know...
So JT16... when is the de-ramping & b1tching to be resumed again??
MysqMillionaire - where have you the news that they are out? as of yesterday still have ~9% left to sell as of last week?
if they have been selling since id expect it to be approx 6-7% now but still, where is the news that they are out/finished selling?
done a dummy buy and sell. 0.18 to buy and 0.167 to sell.
lets see how long this rise lasts... seen it a few times over the past few weeks and always retraces. for the record i am a long share holder so not ramping/de-ramping.
well i guess it does not help the share per se really - what share holders are hoping for is a nice bounce back from these lows once M&G sell out all their stock to 0. I guess in theory, once they get to 0 the share price could be lower than now and thus become a "bottom" for a quick reversal rise. That is when the news becomes positive.
this also assumes FJET do not release any bad news up to this point.
I too have opted in for the 30p shares however could it really be that the SP could fall to or BELOW 30p BEFORE the completion of the open offer?
JH2704's explanation as to why the MMs would keep the price close to 30p does make sense so to prevent people taking up shares to flip at instant profit but it would really be a kick in the teeth if the price does fall to 30p before the offer is completed as people would instead buy cheaper than 30p shares rather than taking up the offer and thus the company not make as much capital as initially anticipated?
i am too with IG, can you advise what you mean that it was in your portfolio as i dont see anything different myself?
Yea i am with IG - not had an email from them or any info on how i can take up the offer...
might need to call them to make a trade if that is what you are looking to do. i have the same but not sure what it means
happens a lot but who knows
Yea not sure which orifice JT16 pulled those calcs from for them to have cleared by August as given the trend of 10,000,000 share sell off per day is extremely conservative...
have they not dumped circa 180,000,000 since 10th - so 5 trading days so 36,000,000 shares on average cleared per day?
June sorry******
target is no doubt zero, be interesting to see how long its going to take, they appear to have gotten rid of 1/3 of their holding since the 10th. hopefully before the end of July!