Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://www.lse.co.uk/rns/CPX/cap-xx-achieves-psw-from-continental-automotive-sg2k37oukkvu7qi.html
If the placees are after taking the company on the cheap they will hold their shares.
The forward sold shares will need to be bought back.
The sp will rise...the shorters will get more desperate
......so if that's their plan, that's imo is good for current shareholders.
The broker can only release the shares if the investor/s who bought them are selling...would expect at least 4 investors taking up the Placing.
What's if they all go to sticky hands?
Few retail will probably be available....but its very possible a significant amount has been forward sold.
Might be suspended...but still the most exciting share I'm holding!
Placing at 0.10.
He bought pre placing circa 0.05-0.10.
Without his buying the Placing would have been less than 0.05 probably.
The fireworks will start when the customer for the small oven reflow capable supercaps is revealed...imo.
End of year...