Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
2 billion sold already...your having a laugh!
If the Placing (if it happens) goes to sticky hands then maybe a gradual rise. Just can't see a surge on reopening , unless of course we are bought out.
Time will tell.
"The patents announced on 7 December 2023 are not expected to drive contribution until the end of calendar year 2024."
This is the SMT, the ability to put supercapacitors on a PCB using a reflow oven.
What mass produced PCB/battery system that would benefit by the addition of a supercap besides mobile phones can you think of?
Https://eepower.com/news/cap-xx-demonstrates-surface-mountable-supercapacitors/
So what happened?
15yrs later and still no customers and no products.
There was a twitter link to someone suggesting a buyout by Tesla posted on here twice and both deleted.
Then we get this suspension.
Then the shares due to hit market today have not appeared.
What if infact there is truth to the suggestion and the issuance due today have been cancelled and yet forward sold?
Would cause a bit of sorting...and a suspension!
Sorry minds wandering...
R65,
You are suggesting forward selling is something new here...no its not happens all the time.
You are suggesting the funders don't really have any funds and are selling the yet non existent to pay Cap-xx.
How were they going to forward sell the 1.8b?
Obviously something to do with placing shares...Will just have to wait and learn.
Might just be a few hours while the bottleneck is sorted.
Or could be more sinister...and a full investigation.
We do not know this.moment in time.
But as usual ...its fun guessing@
How much damage did the word "administration " do to Cap-xx reputation and potential orders.
Easy to imagine future customers being wary of Cap-xx potentially going bust.
Why did they state this in an rns?
They seem to have acquired funding g easy enough since, albeit at a considerable reduced price.
Surely it would have been easier to raise just giving a larger discount to the sp and no mention of administration...
It was put in for a reason.
The fund managers, Cannacord were under an obligation to sell on the mention of such word
I get the feeling they wanted them out.
It's certainly gone lower and quicker than I was expecting.
If this is the effect of 103m being dumped. What hope for tranche 2?
Certainly need some sort of positive news...
Will it be forthcoming...
Infact is there actually any available to report.
Who knows.
Cap-xx on ipo aim was to get supercaps into mobile phones.
They now apparently have "the Holy grail".
Nobody's going to get 66% controlling interest and no one is getting for a few bob!
Imo a freebie licenced Agreement has been offered to Maxwell/Tesla.
There will be other takers...soon.
This is my thoughts....and yes I have a strange imagination.
Rather be in than out.
Yep drops below placing price because a large % are forward sold and then the last % dumped to fully effective it after achieving their roi.
I don't think the second lot will be forward sold.
The first yes...but expecting some sort of good news.
Again just my opinion.