Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I have been hearing those words from various board updates for over 5 years now - and the share price hits new lows. Thankfully I have managed to bob in and out, so have neither made nor lost money.
I initially though 'brilliant' and then looked at the price history. It was 454p on the 21st May 2021 and I though things had been going better since then. So CEVA are probably well happy to pay this price - and I am thinking it's not so brilliant - but then again as with banks and telecoms this gov or a regulator might step in any minute and say all lorries need to be run on hydrogen by next year and customers/public need to be compensated for the last 15 years for pollution.
The capital spend in this report for 2024 along with soft pricing has made me lower my buy price. I've been invested since 2018 and the impression is that of a well run company, but given the (increased) large investment needed for the move, I can see why the share price is well down today. Needs higher product pricing to restore my faith.
Selling this airport is going to look like the stupidest decision ever in a few years time.
It might well be lunatic (and inept), but not sure about the right wing bit especially when it comes to business. It certainly likes to interfere and nowadays the public expects the gov to interfere in nearly every walk of life. It's not surprising that large UK pension funds want to stay well clear of the UK. If there is adequate competition, then the gov and regulators should interfere less in commercial aspects and concentrate on factors such as pollution. Telecoms and supermarkets are very competitive, yet it is a vote winner to say they are exploiting the public and need investigating. Both the gov and regulators don't have to worry about trying to ensure their private pension doesn't keep shrinking each year.
Not sure there are that many trades or with any volume. I've accepted the dead duck prognosis. Still can't quite understand how the company can have lost so much money over the years that it has been raising from gullible shareholders (like me). Still doubtless some will have done very well over that period and can still sleep well.
I and I suspect the majority of shareholders would be happy to take 156p. I appreciate the recent share price (around 80p) undervalues the company but if this is rejected (and no other bidders appear) it will be a very long time before it hits 156.