Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Are we witnessing the final exposure of GSt as a lifestyle company for its Directors?
Just because some of them bought some shares at 2p does not mean they are 100% genuine. They will be taking much much more out of the company every month in salaries than they spent on those shares so let's debunk that myth right now. Some directors buy shares specifically to lure in retail buyers. If you don't think that happens then there's little hope for you.
GSt has been pumped relentlessly for years now by a crew of posters, who are determined to control the narrative on this bb and will attack anyone who dares to even hint at the company and its directors not being genuine. For over a year we've had this charade of FCA approval being just around the corner. Now some of them have admitted the company may not even have applied for approval. Put two and two together fast and save yourself some money here.
So, tell me Janoz (and dbh) please, you honestly think all will return to normal for CPX and they'll magically start generating revenue and become a profitable business? Really, is that what you believe is going to happen here?
Unknown settlement still to be agreed and paid to Maxwell. No business plan published for investors to scrutinise . Appointment of new Directors. Lars making a whole load more but new mistakes it seems. Looks like this will drift further.
Once all the placing shares are churned I would not be at all surprised, now all the new shares have been admitted to market and that the mcap is £2.4m, that the first RNS we see is for another raise.
Your posts here MM92 are hugely appreciated. Thank you.
It’s galling that there was little or no indication of what was coming from Burt in the most recent interview. Shabby behaviour. Just shabby and grubby.
Could be months or years. Don’t expect to see anything here for quite some time
They’ve stopped trading as per the RNS.
Unless there’s a last minute offer to buy EISB it’s definitely game over.
What we have is volume off the books (imo).
You don’t say! I agree. Going to be huge delayed trades after hours again that will explain the ongoing decline. This is done and Dr Cooley has for once lost big time. No one gets it right all the time I guess.
Well if it does I’m not lowering my average any further having bought some in the retail offer recently. How well that has worked out for everyone. Wasn’t it good of Lars to allow everyone to benefit to only lose money from .1 rather than a few days before at .4. Oh, only unless you’re a lth you were already shafted.
But Janoz you’ve been buying recently and it’s still dropping. Just wait until it’s at .05 or .06 and then throw a few hundred quid in. The loss won’t seem quite so painful then. Expecting more huge delayed trades after hours today judging by the way the sp is still tanking on fewer than 100 trades. Going to hurt this one.
Think there’s gonna get this down to .05 and then do a consolidation. Makes it look at least respectable and possibly when new investors look at a chart eg Google it won’t appear quite as catastrophic. Or is Lars just going for the big target of 99.99% down? Oh, not furthering the 80% dilution once it was floored. lol
Consolidation? Delisting? Admin? Take over? Another raise once consolidation is done? Come on Lars, you can do it!
Personally think alarm bells are ringing for many after the recent placing. Shares holders have been told several times company is generating significant income. Why then the need to raise a relatively small sum? Unless of course you are actually nearly out of money and only managing to keep the lights on with what’s in the bank currently…?
Starting to unravel here.
How low before the company - that 'cannot wait to share even more announcements with you in the coming weeks - actually ordains to communicate to share holders what the hell is going on and what to expect in the very near future? I'm sure I'm not the only one desperate to sell up and try to reduce some losses here.
As for those predicting a rerate I don't really know what to say any longer. the share price dropped y over 99% in less than one month and the CEO saw fit to arrange a massive placing at a vast discount, effectively wiping out lths. Really not sure what on earth some fools here expect to be said that will cause the sp to rise.
Lars is an idiot who likes to play at being a businessman but is an utter disaster.