Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Good news, it makes the next Tender Offer even more likely to be soon. I don't know what the 'net. Current Assets ' are but I assume that it represents near cash items like money due to be received. I'm glad that I topped up again yesterday at 486p
Agreed Pedro. I'm back in having bought at 501.8 last week and 484.68 today. Share price seems to be on the slide, but with the recent receipt of £4.7m I can see the next share Repurchase offer may be soon, hopefully.
My broker (ii) won't let me buy this IT online, they say company needs to confirm that the fund is good value and also justify their charges beforehand. Come on CHRY what is holding you back then? This may also explain why the share price has fallen recently.
NAV at 30/6 is 609.2 half of which is in unlisted securities. I am quoted 560p to buy today, I don't think I will buy now although I will continue to look out for any announcement of distributions to reconsider. Other IT's seem to offer better value in my opinion.
NAV at 30/6 is 609.2 half of which is in unlisted securities. I am quoted 560p to buy today, I don't think I will buy now although I will continue to look out for any announcement of distributions to reconsider. Other IT's seem to offer better value in my opinion.
Thanks Oi_Oi, there's plenty to reflect on. I'm hoping the present Government's newly repeated commitment to build 1 million new homes over the life of this parliament /300k homes a year means something!
The RNS at 2 pm today in my amateur opinion doesn't read too badly from a purely financial viewpoint the amounts involved are quite small and don't seem to indicate much of a loss to the Company, just slack/unprofessional Management with a disregard for the rules. once they can get last year's audited accounts and the interims out and suspension lifted I am expecting a significant rise in share price The economic big picture for the industry may limit be a negative but the recent business successes reported should help. Just my private shareholder's opinion any other views out there?
I'm pleased that the shares haven't fallen more today as I topped up yesterday at 68.8. Jupiter had to cancel their share buybacks as authority was refused at the last meeting but I agree that their various recent portfolio sells at below already cheap market prices don't look too clever. They seem to be profitable though. All IMHO
I'm amazed to be on the list too. I only posted about 4 times on this board including once to gently ridicule Adrian which then went right over his head. I guess that must have got me associated with him in some people's eyes.
Oh dear, Resimac fell about 10% to A$ 1.05 yesterday building on a recent downtrend, I don't know why. As this will affect the NAV here significantly I have speedily got fully out again at a small loss. It looks like I am not the only one selling today with no buyers apparent.
OK, I'm back in modestly as NAV seems to be improving now 263.33. Of course if no one buys in here the discount will just increase. Company share buybacks looks like a forlorn hope.
The trouble with that gewillia is that the price of Wise on 30 Sept last was 660.6 and on 31 Dec had fallen to 562.8 and now is about 533 so that's not going to help us come next review announcement. Hopefully Starling might give us a lift with a potential floatation.
I'm glad to see that you succeeded in the T/O too Pedro, I am of course fully out now but will keep following this IT and looking to buy back in eventually but I doubt if there will be another buy back for some time, unless they can somehow realise significant cash. Sorry I can't give advice on alternative investments in the Investment Trust field.
Clearly the former outrageous performance fee structure and heavily overweight holding in Klarna has held the share price back. With this now recognised and with proposed changes things should now get better and the discount to NAV close. Obviously all in my opinion so do your own research
I'm a new investor here 3 months only and so am slightly up at present, hoping for much more in due course. Am I right in saying that Chrysalis paid £45 million for their Revolution shares at AIM flotation last July? Shocking destruction of wealth by Jupiter.
100% of my tendered shares accepted today ( basic entitlement plus excess) . Very good
Agreed it's a fairly compelling case to buy /add although you should note that the basic entitlement to have your tendered shares accepted is 58.1% so you will have a residual shareholding afterwards. I have previously had a sizable excess number of shares also redeemed at the offer price ( Interactive investor). Lovely
It takes nearly 2 months to come up with the quarterly NAV as most of the holdings are in unlisted companies. As the markets are highly volatile now, ( to say the least) This information is just too late and so this company trades at a huge discount to the latest published NAV, unsurprisingly. What can you do? Buy and hold on a wing and a prayer?
Yes I have bought back in having been out since February at a higher price, looking cheap now although I am prepared to trade again for a profit
A nice big buy of 300,000 posted this afternoon, I suggest that we hold on for any forthcoming news.