Member Info for Townspj

My view FWIW.
After The Event litigation insurance position.
The underwriters need a 65% or better chance of success. (In reality they work to a much higher percentage).
So, 2 things. 1) the underwriters are pretty confident of success. 2) Success could be a big number.... These underwriters are VERY astute.

Vieed from CPX side its also a no brainer.
Look at the residual cash in the bank. Still litigation costs to go and although a high success probability, there is still the downside risk. But any future costs or legal costs following defeat are now funded. Hopefully no cash flow raise needed to continue the fight. If the lose, they don't lose any more. IF they win, they are likely to win big....
I'd rather be our side of the equation at the moment. Interesting that the other side has not reported ATE cover (perhpas they don't need it....Perhaps underwriters are not prepared to offer..... Just putting it out there.
Also, CPX cash position is after the legal costs todate. Take those out and I Think the may alerady be better than break even. Perhaps minds better than mine may have a view.

I can't beleive with the legal downside now taken away that this share is not rising faster.

For Wobbles spamming of the board. Heaven only knows how low the share price would otherwise be..!
;-)

I think the future is graphene storage. am hoping that is what this webinar will be about...
https://www.cap-xx.com/

At 08:11. £72k. Don't think the market is liquid enough for that to be a sale?

That worked soooooo well last time....

Might explain why Maxwell have changed their legal team.

It certainly looks like it given that Maxwell have also changed their legal team…..

Correct but CPX didn’t ditch their incumbent team, just added a Whiz lawyer…

Does anyone know why there are so many tiny trades? Is it because people want shares but there are none available and sellers? Or am I completely misreading this? Thanks for any help

You are going "all in at these price" At 11:10 there is one trade for £163.... Is that you all in??!!

Thank you

Fantastic. Where did you see that please?