Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Like many people, today hurt a bit. Whether you were still in profit, but not as much as before, or took a big loss, it hurt.
I have hovered over the sell button many times but today it was different, I sold me entire holding and was totally confident it was the right thing to do.
Regardless of what ‘fundamentals’ people know about this company, we’d all be kidding ourselves if we didn’t accept that it was sentiment and excitement (and the story of their success) that propelled the SP to where it was.
Through vaccine news and other episodes, people held strong, as belief and sentiment were still there or there abouts. Todays news has totally knocked the wind out of the sails of sentiment.
The big problem here is that those who like me, had their hand forced to sell today will probably be wondering how to invest profits into a new ISA year.
Truth be told, with the money free and ready to invest, the fact remains that there are now better companies to reinvest that money in than Nova.
Anyone peddling the fundamentals, talking about ‘smart money’ moving in and PE ratios, is probably so underwater and too attached to this share. Like the poker player who keeps buying back in.
Nova is an amazing company and yes, has had a transformative year, but the future is not certain, and the hot air is well and truly gone. I do think this will sink to the 300s as there are gonna be plenty exiting this share and very little news is going to carry this anywhere near previous highs. No contracts will propel this 200% and even a takeover price is likely to exceed previous highs where we are now.
Its been a great ride and those holding, the very best of luck to you!
There is so much wrong with this post I am not sure anyone knows where to start. What a load of nonsensical garbage, totally devoid of any financial credibility.
I think when you start trashing the CEO who has achieved record profits in the past year, you lose the audience a little.
The very idea that some absolute nobody on this thread, investing his own version of ‘life changing’ money can comment on the expertise of a CEO advised by a board with decades of M&A and capex growth success, is laughable.
This is still making me laugh! So for that at least, thank you. But for your insight, you need not bother wasting anyones time in future. Amateur hour!
I think you mean 'Movements' and not 'Monuments' but carry on...
Toys being thrown out the pram cos some day trader thinks Colin gives a hoot about his now ruined plan to buy an entry level Rolex before hitting Spoons in the summer.
Come off it lad, stop moaning, this isn’t Mums Net!!!
Trilla.
Any other antibody tests in the market produced alongside an Oxford vaccine with Oxford as their principal partner?
And that are ramping production up to 2 million per week from New Year onwards?
No its not an order but you’d need to be thick as pig sh*t not to join up the dots.
Jesus wept!
I think you are wrong.
The most appealing thing about Omega being part of a consortium of non-listed businesses is that they get to piggy back off the news that they are not restricted to release as they are not FCA regulated.
That is actually a good thing. If CIGA have released it and its been backed and retweeted by others as an official statement with blessing from the RTC (which it does), then it does not matter.
Investing in ODX because of it being grouped with non-listed businesses was one of the main reasons I got involved as we benefit from triple the messaging.
Probably a little premature - people are very impatient with these stocks broadly. The CEO of Omega and associated partners are doing more than watching their screen waiting for the next RNS so they can cash out and spend on their next all inclusive holiday to Tenerife. They are doing real work which takes months, and real work is rewarded to patient investors. Let them do their job and my advice (unless you’ve put your house on this stock which is an awful idea) is to do yours in the meantime too.
Way too much to even both dissecting here.
It might be worth looking at the buying volumes, the news released, the target prices, the new products, the increasing contracts, all of which has taken place during and continuing through the re-rate.
A re-rate is not just from one price to another, it is representative of target market capitalisation as well as perceived value. So even if it has increased dramatically but is still ostensibly undervalued, it can be deemed to be in line for a re-rate.
This set of circumstances is where we are now. Good luck.
Yes Golfer, I agree. I was always sceptical of over valuations but given the flow of purchase orders and continuing contracts in the public and private sector, 3000p is no longer a fantasy.
Thing is, there has already been a significant pull back of £2 when it hit 950p in the past week. That was considered to be the pullback needed to recharge new money. So I question if there is due to be any pullback this week.
What an utterly stupid question 'when do people see this price falling'. Quit the faux ignorance please, its very transparent. Try some useful insight and analysis for a change, it makes you look more credible that when you deramp, people actually listen to you. Just some advice old sport.
And from someone with a decent post number. Goes to show, quality over quantity any day.
Hi Shaun P, just a quick note to say I have found all of your research and analysis most helpful throughout my period holding and adding to NCYT. A most welcome respite from the vitriol and trolling that goes on across social media.
There are about 5-8 people that I follow who are providing this type of research and I can hand on heart say that hundreds of newer investors would have sold at times like this without it. Much appreciated.
You know those posts where someone says something that really means nothing, you know, could be applied to any moment, any share, any market? It helps nobody and informs nothing. Yeh, well, this was the original poster here. What a waste of a keyboard and oxygen. Go research yourself you total melt.
UH OH, some child with a spelling problem has been let loose on his Dad’s computer talking about ‘golf standard’.
Poor thing, he thinks his trolling is going to affect the share price. 59% of the company is in retail investors hands so he might struggle.
A nice low entry price should be enough for the little lad but alas no, he is bored at home as parents wont give him hugs anymore.
Suggest he goes to put his Daddies pennies into UJO and SYME just to annoy him even more.