Clearly, given performance metrics, `our' Lars is not our saviour- seems like could be somebody's puppet, or a bit `thick'...not sure which. Sack him on grounds of capability...(possibly misconduct)...
Is the CEO worth his salary...seem as if he has brought the company to its knees. Todays rock bottom raise was not to plug cash flow...its a sham what has gone on here...buy hey Pirate Britain Wild West Tory driven neo-liberal AIM...Why will I refuse to learn...
The issue is the CEO stated it was 1. a cash-flow issue 2. Deal with Tesla was not financially detrimental BUT the share raising, at the price, is not to plug cash flow but for more...outrageous...
A 300% increase is not impossible ...more likely we will see a consolidation. Nevertheless, some real incompetence from lawyers and CEO on display here.
But hey...they always gain...they are part of the `great and the good'
RE: How can they get away with this.21 Mar 2024 18:49
Rules on AIM...dont think so....and remember all the news about the FCA and the powder sniffing in the toilets...there is certainly a lot of insider stuff (its not intelligence)
I am going to have an average of about 0.35 if my order for the offer shares is filled in its totality. I may be one of the lucky ones...sympathies...`City of Thieves' /`City of London' is in dire need of regulation. No wonder there is little liquidity for small/medium companies.
...I suppose it is a a reflection of the continuing decline of `rip-off' Britain...
Thats AIM...wild west mostly unregulated territory...Cryptos are better...at least in Crypto ethical reputations stick and are important to the serious players.
Remember they can close the retail offer early...participate before market open -you dont know if you get allocated....try and participate after market open the allocation could be completed/closed.
I have looked at CPX for years (more than 10). I have been in and out.
I like their IOT offerings, I also like their TESLA/Maxwell litigation. As far as I can see TESLA/Maxwell won on a technicality regarding validity of patent...good to see Cap-XX IP being used ...hopefully it will be used more and more.
Funding announcement will come sooner than people think. The ceo had already stated that there was no big financial hit and court issues were procedural. In the meantime i would imagine he has been arranging funding which no doubt would be conditional on no major detrimental deal with tesla. To me that seems logical...