The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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...
These new placing shares have gone to Continental.
Sydney, Australia - February 23, 2022 - CAP-XX Limited (LSE:CPX), the leading manufacturer of ultra-thin prismatic and high-power cylindrical supercapacitors, announced it has signed a Sourcing Agreement with Continental Automotive GmbH, a Tier 1 automotive supplier, to provide CAP-XX DMT220 prismatic supercaps for one of Continental's key automotive programs. The Sourcing Agreement for this design win covers the expected volumes for the model years 2024 through 2030.
If Cap-xx went into administration it would leave Conti in a bit of a pickle.
A Tier 1 automotive supplier supplied by a company with a £3m mcap....seems ready for some serious bags to me.
And then BOOM at the end of the year....all good here.
A lot of "ifs" there....
I believe they have been forward sold hence the ongoing suspension. Would love the Company to cancel the Placing and say they have a CLN or another alternative.
But the Placing will happen....and both the company and brokers will get their get out of jail card.
Will be wiser in a few days.
13000% would be nice!
My education level..GCSE.
Thick as two short planks...that's me.
Overdraft at the bank.....and yet I'm on paper a millionaire.
Yes I'm a landlord....don't always need intelligence to make money...just a desire to take risk and a lot of luck....oh and housing benefits!
With every passing day it points to the introduction of the second tranche to sort out the mess causing the suspension....
So what happens if the required votes to issue these shares are not forthcoming?
Post admin arrangement?
Non possible.
Pre placing....is the fact that the suspension sp at 0.10, the same as the Placing price a coincidence or arranged?
Who knows...certainly not the lths with contact to the directors.
Are we to remain suspended until the 25th?
So many questions....all the answers/ theories are pure guessing. Just be patient...
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.