Cap-xx Share Discussion Threads

[petersmith6] 22/3/2024 08:07

I way testing a scooter that uses super capacitors last week. 2 minutes gave 60 miles.. So life style..maybe..but it would fill a gap.

[grahamwales] 22/3/2024 08:04

Vauch

ITM have problems as well I don't hide it. What they do have is time and money though.

Not my fault your way over your head in losses here perhaps if you had listened you wouldn't be.

[bsg] 22/3/2024 08:04

Looks like they're just desperate to keep their lifestyle going.

[petersmith6] 22/3/2024 08:01

Down we go .. sort financing out.. news and off we go.m

[grahamwales] 22/3/2024 08:01

By the way traders will have a field day with this for the next couple of days all the while those who took placing shares will be selling and once it settles down the price will continue to drop.

[vauch] 22/3/2024 08:01

Well it seems you have an agenda with some stocks.
grahamwales21 Mar '24 - 09:56 - 31546 of 31547
0 0 0
Hence the reason I keep pushing for ITM to move operations to a country that embraces new technology and green hydrogen. The UK has never been interested in both.

[grahamwales] 22/3/2024 07:55

Vauch

You can do what you like just saying it how I have seen it in the past with CPX. Yes they had a chance to make it big but they didn't expand into batteries when they had the chance. Now they produce products with such a low margin that costs outweigh revenue and that will not change. Taking on more distributors will reduce the margin even further creating bigger losses.

But like I said you do what you want.

As the heading says (speak your mind).

[vauch] 22/3/2024 07:47

Their speaks the messiah, all hail graham he will save us all from bad investments

[grahamwales] 22/3/2024 07:20

If placing shares were getting sold into the previous days trading (very Likely) those holding any remaining shares will sell below the placing price as they have already made their money back with substantial profits.

[guy gibson] 22/3/2024 05:28

It's priced to go bust, but for now, it's not going bust. Lots of reasons to be positive for long term holders.

[uploader] 22/3/2024 00:00

Are you a politician?

[grahamwales] 21/3/2024 21:52

The company survives to take more private investors money. They will never make a profit and always require placings.

[guy gibson] 21/3/2024 21:29

Most of the placing will have been forward sold over the past week or so. Look on the bright side, the company has survived, so you still have hope.

[uploader] 21/3/2024 20:37

I remember you being here way back in the day pumping this company, providing a lot of informative articles and from memory you made a pretty penny from this back in 2017 if my memory serves me correct. Why are wasting all your energy on posting on here ? You should be enjoying the riches you made.

[vauch] 21/3/2024 20:31

I dont get it.
First we have bleating on large holders selling, then its the company needs funds and wont get them, then we have this is going bust. and now they can raise funds so it is now all crooked.
But it seems non of us can make and live with our own decisions according to the preachers.

[tomavery19] 21/3/2024 19:52

Over 60% drop tomorrow morningThe placing is now doneThis is the reason for the rise All orchestrated by these dodgy brokers and mms.

[shortcpx] 21/3/2024 18:44

Absolute clown show

[grahamwales] 21/3/2024 17:22

And good old Allenby Capital making money out of it as well, despite them stating that CPX would not require a fund raise in 2024.

Do not trust Cap-xx or the house brokers. You had been warned previously about this company.

[grahamwales] 21/3/2024 16:53

Institutions obviously knew what was coming.

[tomboyb] 21/3/2024 16:52

CAP-XX Limited

("CAP-XX" or the "Company")



Proposed Placing and Subscription to raise approximately £2.0 million by way of an accelerated bookbuild



and



Proposed Retail Offer to raise up to £0.2 million



CAP-XX Limited (AIM: CPX), a world leader in the design and manufacture of supercapacitors and energy management systems, today announces a proposed placing (the "Placing") and subscription to raise approximately £2.0 million (before expenses) through the issue of new ordinary shares of no par value ("Ordinary Shares"), at an issue price of 0.1 pence per Ordinary Share (the "Issue Price"), to be undertaken in two tranches. It is intended that the majority of the net proceeds of the Placing are to be applied towards general working capital requirements.

The Placing will be undertaken by way of an accelerated bookbuild (the "Bookbuild"), which will be launched immediately following this announcement (being, together with the Appendices hereto, the "Announcement") and will be made available to new and existing institutional and other investors. Allenby Capital Limited ("Allenby Capital") is acting as the sole bookrunner in respect of the Placing (the "Sole Bookrunner"). Further details of the Bookbuild and the background to and reasons for the Fundraise are provided below and in the Appendices of this Announcement.

Patrick Elliott, Steen Feldskov and Lars Stegmann (the "Participating Directors") have indicated their intention to subscribe for new Ordinary Shares in the Company at the Issue Price (the "Subscription"). In aggregate, director participation is expected to total £35,000.

In addition to the Placing and the Subscription, the Company announces that there will be a separate conditional retail offer via the REX Platform to raise up to £0.2 million (before expenses) at the Issue Price (the "Retail Offer", and together with the Placing and the Subscription, the "Fundraise"). This is to provide existing UK retail shareholders in the Company an opportunity to participate in the Fundraise. Those investors who subscribe for new Ordinary Shares pursuant to the Retail Offer (the "Retail Offer Shares") will do so pursuant to the terms and conditions of the Retail Offer contained in that announcement and the Retail Offer Shares will form part of the second tranche of the Fundraise. The Retail Offer is not subject to any minimum fundraising and will be open only to existing shareholders of the Company within the United Kingdom. The Retail Offer will be conditional on completion of the Placing and Subscription. A separate announcement will be made shortly by the Company regarding the Retail Offer and its terms.

Change of Registered Office