Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
New day highs
Anybody else looking forward to tomorrow ? :)
I'm still chuckling that there were also people on the forum saying that the acquisition news was priced in at 18p :0
You have to pay over the ask now for any size. Perfect!
I said Marshall Wace were on the money but even them haven't been closing quick enough. Gotta be seriously painful if you're some of those other shorts that were loadinmg at 15p. I'm looking forward to hearing what the CEO has to say on Weds now at the CMD
Another interesting one is Reach - the owner of the Mirror and daily express. They had a short that was building a big position around 60p. They are getting battered as the price keeps going up there, it's now £1.65. They still haven't covered and when they do it's about a 6m cover. For context, it trades around 1m a day!!!
In summary, the shorts reguarly don't get their timings right and its a seriously lucrative trade if you get the long right.
Limit orders now to buy if you want any decent size. Something to consider if you're thinking about trading out :)
Good post Trek.
When the fundamentals upgrade so will the price. That's happening now and as said earlier, the low number of shares in issue mean that a 10% rise only adds a small amount to the market cap. This has a long way to go and as expected, few sellers about. Little available now on 90p
Bet a few wishing they hadn't traded out for peanuts now. Not me. Said 30p was first target and that's coming up
£1 not an "if", but just a "when"
Once 3p goes , RMS goes.
It's really helpful that there's so few shares in issue here Qd22, means that every 10% rise doesn't actually add that much to the market cap.
Top of AIM and very few sellers in sight. When material newsflow lands the market knows, it's as simple as that.
Well that 2.60 buy looking good earlier and bought my average down to 2.70 which is good.
Hope a few took my DCTA call also. It's surging, top of AIM. Amazing battery news today
Hi Qd22 - on Metro, i had a limit order for £1 and when I tried to cancel it , i couldn't so I ended up exiting for a pretty big return from only 60p a week or so before.. Fantastic you joined, great to hear when others also are making the gains. Don't know if you do Oil and gas but if you do, then maybe take a look at JKX also. It's got around $21m in cash and gas inventory and is likely to have closer to $45-$50m (by the end of 2021). Last quarter they increased cash and inventory by $5m when natural gas prices were 50% lower (so my above target of $50m next year could look very conservative). They have no debt, 10kboepd and the best bit ... the market cap is only around £50m. Anyway, I think it's a slam dunk buy as when it was trading in the 60s last it had less production, debt, less net cash. Anyway, I won't fill this board with anymore on them but worth a look.
on DCTA, This looks very good, glad i'm in here now - I wanted some exposure to this space and now i have it
Just managed to get a few more at 77p, peanuts though as no larger amounts available. This will be over £1 at some point
Wanted to average up and buy more but that's impossible - no prices
Will #Avacta ever get out of the stables and on to the track? This filly was much hyped but comes from a stable with no record of success. The rapid testing race will largely be over by the time it is ready to run. I’m now short.
Got a few more RMS at 2.60 and got some DCTA, phenomenal news just out there. Reckon today's multibagger.
Could be. That's an awesome update.
Big buy that on 32p.
What's the most anyone can now buy here?
Well done everyone that was also buying in the mid teens. We ignored the de-rampers, stuck with what we knew and now we are at $28.
Those that followed Pictet when they were loading their heavy short more at 16p not so happy now!