Https://capcomp.de/en/blog
Scroll down to see cpx featured from spring 2024!
His changes between holding RNS updates show following buys so he may well be the buyer today and will issue his next TR1 once he crosses the next threshold:
40,000,000
60,000,000
30,000,000
25,000,000
Does look like a company that despite having what they claim are great products put the cart before the horse across the board and tried to run before it could jump. Financials are complete mess as a result. Overheads must mean they are burning through cash at an amazing rate. As for the CFO, who can forget his reply to shareholders concerns about refinancing the company when the shares were I think @20p levels and he stated "we have always been able to raise funds at a premium"....that didn't exactly work out as he expected then. Feels like they thought customers would be smashing down their doors to buy their tests just because they kept telling everyone how good they are.
Such a shame that what should be a fantastic British scientific success story has been so ineptly managed by those in charge. They might yet get it right but will it be in time to avoid another discounted funding round?
Continental Automotive GmbH, a global Tier 1 automotive supplier
Sydney, Australia – April 18, 2023 – CAP-XX Limited (LSE:CPX), the leading manufacturer of ultra-thin prismatic, cylindrical, and Lithium-Ion supercapacitors, announced that Continental Automotive GmbH, a global Tier 1 automotive supplier, has granted the highly-coveted PSW (Part Submission Warrant) to CAP-XX, following the company’s successful submission of Continental’s PPAP (Production Part Approval Process) documents necessary to achieve this quality standard. The two companies previously signed a Sourcing Agreement for CAP-XX to supply its DMT220 prismatic supercaps in the volumes needed from 2024 through 2030 for a key Continental automotive program. CAP-XX has now completed the stringent quality audit for this agreement.
Graham Cooley@DrGrahamCooley
Changing the world with green #hydrogen, #energystorage, #renewables, #decarbonisation
Hint Hint for those who still don't get why Dr C is buying into CPX in a big way......
We should be getting an update on the Ionic Industries Joint Venture in the near future, commercialising Graphene technologies for supercapacitors and other energy storage devices.
Wot a surprise (not), Roger Mr Glass Half Empty give us his words of wisdom (again).....a complete fun sponge of a man but as usual he always suggest he is invested here but prefers to cast doubt rather than see the positives.