Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Loopup is now listed on JPJenkins website. I had my doubts!
My shares are held by ii investments broker.
How exactly I go about selling - not sure but probably figure it out
Anybody withh ii who who has sold unlisted stock through JPJenkins?
Presumably if you take the share certificate and are unable to sell due to no buyers (no demand or worthless share price) you can record it as a loss.
Am I right in presuming that once loopup de-lists, selling (and probably buying) shares at a realistic price will be v. difficult/impossible. So those of us who opt for a share certificate are 'gambling' on a future re-list.
Suspect a 100-1 outside chance?
Unhooked, also my strategy.
The liklihood of finding a 'matched' buyer to sell my shares at a profit, after de-listing will be low, even if Loopups fortunes change.
I suspect Management will suck out any profits in bonuses etc.
But! - your bit about private equity making money by re-listing, obvious, when I think about it, gives me a glimmer of hope.
So, paper share certificates from my broker in the draw and hope by the time they are worth anything I remember I still have them, assuming I'm still in the land of the living.
High revenues can be 'vanity' if there are minimal profits. I know values are often formulated, based too much on revenues, misguided perhaps in this case?
Something had to give, but possibly a bit too early, have to wait and see.
As I see it if Loopup do no go private, the high debt they have will be their demise.
Once private the existing shareholders still own the company.
Looking at the encouraging progress, Loopup may prosper and re-list - ever the optimist.
There will be a 'matched bargain facility', by a third party, but unloading (at a profit) our shares will be tricky after Loopup de-list.
I still own a lot of shares, worth a fraction of what they cost me, so I will hang on for a re-list.
Exactly as I see it.
Hopefully they have learnt some lessons??? and do a better job second time round.
I hope so, as I am sticking with them for now as I still have significant number of shares that are worth about 5% of what I paid.
He may know something we do not and expects Loopup to flourish once private and with additional £9M.
In which his increased holding will earn him money, particularly if Loopup relist!
Agree selling shares after delist might be difficult/impossible at a profit?
I am well underwater with this investment.
The 23 preliminary results and forward look ahead indicate a possibility of a turnround.
Now the CEO's are planning to delist and benefit from this turnround and leave the shareholders in the **** .
I would rather lose all my money and see the company go bust. I am fed up of financing two overpaid CEO's to benefit from the shambles of their own making.
I for one will be voting to stay in AIM.
What's the consensus?
Just checked. Funds from FIF sale now in my account!!!!
Anybody had their money from the sale yet? or is my Broker dragging their heels! It was due to be paid within 14days of 18th Oct so by Monday?
I have my eye on some Burberry Shares as a recovery punt, but may 'miss the boat' if FIF money is delayed.
42% rise!
Where have all the pump or dump punters gone, or is this just a pump scenario with a dump to follow? I suspect so, but I'm staying put.
Ditto - just converted my 'dividend pot' into a shade over 82k ITX shares.
Thats it for now - a bit top heavy with ITX but confident (as much as you can be on AIM stock?) they will show a profit before year end, possibly before end July 23.
Spooky - came to same conlusion.
For over 3 yeas I have had expectations of profits from my ITX shares that I have that added to regularly, based on my own research and info posted on this board.
So far I am underwater by 30%, but still believe this will eventually come good but I cannot expend any more effort on these, so bottom draw it is till 24.
AJP,
Just to advise the 100,000 trade was a buy (by me) the two preceding trades were also probably buy.
If the other trades can be believed the days buys/sells were much nearer to balanced.
That said I alao suspect the mm's are preparing for a run on the shares.
13martyn13
First post in almost 6 months, lifted my spirits somewhat, as I have been invested in these for a few years , watching them drop.
I hope your expectations are met, which may result in me breaking even or dare I hope for a bit of profit?
Pokerchops, agree but to have 15 odd buys totaling c.500,000 trades, go through as sells!!!!
I have been a holder for over 3 years and have seen a lot of 'iffy' deals over which time the share price has dropped from £2.50 to 5p. So no surprise in me thinking there may be some share price manipulation at foot.
In last couple of hours have purchased 100k and 50k of shares at 5.05p. Both went through as sells as did all the share deals in that same period.
Whats the mm up to?
My 50k share top up at midday was recorded as a sell, as I suspect the early morning 124k deal was.
Probably all quite normal, but I sense something is afoot, but not sure what.
174k total buy should have had minimal impact on share price, slight rise maybe, but sp continues to fall????
So Loopup confirmed the financial figures which were published as preliminary some months ago, with promising or optimistic outlook.
Result is a 15% drop in share price followed by heavyish buys, with no recovery of share price.
I thought I had a reasonable understanding of cost of goods re supply and demand, but this is very strange-any explanation as to what has just happened?