Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I find it quite remarkable/disheartening that here we are again being played by the market, closing down 8.99% @51.10p on the day, after hitting the days high of 57.5p @08.10am, a 11.1% swing with no S4 company news reported. Where next? Back to year lows of 36p? Nothing would surprise me with this market anymore, nothing.
Spot on mate. It's a joke and disheartening is the right word. But....SMS/S4 has given them this opportunity. When you have a year like they had last year this is the outcome. Good news needed before we can move on.
Level of trading has dropped off a cliff. Shorts gone?
Spectre
Squeaky *** time!
Nothing happening here until some news breaks (hopefully good)
Question is who will be the buyer of the 14.8% AOI stake and at what price. Looking at AOI annual report, if I read it correctly they are holding a book value based on the Sp at 31/12/23 or 11p per share or approx £6m. Seems a pretty small price for someone to pay to access the assets.
Could be a reason for the lack of movement on the SP? That is an expectation that the AOI divestment is an overhang of sorts no matter how it is managed.
These ST stories are likely being placed by one of the players. Either Foxton's or more likely the Foxton's bankers to drum up interest or the unhappy shareholders to do the same. One way or another Foxtons is up for sale, question is, is there a buyer at the right price? My feeling, judging by the lack of movement in the SP, is its not obvious there is.
The obvious answer is they don't.
Really wished they had shut up. SP performance since has been rubbish, from 170 back down to this level, since they made the announcement.
We really need some visibility from Tritax telling the market how they intend to profit from this so far value destroying merger.
I believe the Q1 comparisons will exclude the business purchased in March last year, so Q2 in isolation would be a better comparison.
Got to be worth a quid, surely
Certainly controlled like a penny stock. I'm afraid it is its fate until good news arrives....
If this goes below 50p I'll be piling in. Seems to me there is absolutely no reason for the SP to be at this price other than delayed interest rate cuts but on the credit side the London sales market is finally starting to pick up, prices rising, and FOXT with a MTP to double the profit well under way with motivated and incentivised management.
Assuming Sir Starmer doesn't f**k it up then £1 plus here is looking easily achievable and a short term 20% likely not to mention a takeout at £1 plus.
He's a random passer by.
Whatever AA is doing he is not sitting on his hands waiting for something to happen. Patience required and if you have the stomach for it, average down.
Nige
I agree he won't sell out, however I think he might think about a merger. Maybe a US company so that he can del-list on London and head to NASDAQ, but I think the price would need to well well north of here.
Frankie
Jupiter have gone. The rest I think is just rounding. Milton looks the same. I suppose the insets are just like us. They are locked in.
Frankly I think the only hope here is a trade buyer or AOP step in. 6p would be a dream...
They can have mine for £4.20!
Govt doesn't have anything up its sleeve. It's as dead as a dead parrot. And as useful...