Steady buying we might see another small move up if we see a few more decent buys. |
Steady buying. Hopefully when the investigation is completed and there is found to nothing serious that effects the company and there is no impact to the ongoing work programme at Laguna Verde, then we should see sharp upward correction in the share price
Fingers crossed that it is good news and we don't have long to wait.
The fundamentals have not changed as pointed out by Lordjohn. |
That was my thought exactly lordjohn.
All the potential for massive upside is still there that’s not changed. Slowly recovering and it did give a chance to add more at a much better price. |
Aldo should be booted out, he did the deal before a very discounted fundraising. In a way I would call it inside dealing. The AIM is riddled with these crooked CEO's.
Lucky for me because I sold out in the the high 50s. I bought back in at this drop.
In a way I feel the drop is way overdone hence my purchase. Those shares have been proably long sold. Let's see what the future holds here.
LJ 'I completely agree with your above post.
ATB. |
This looks to be a massive overreaction to a disclosure issue. It is a shame Aldo didn't discuss his intention to set-up this type of collateral arrangement with the board at the time he was looking to do this.
Personally I think Steve Kesler being in charge is a good thing and hopefully when the company provide an update on this situation at some point this week we can start to move on from this situation.
The fundamentals have not changed in terms of the company meeting the milestones and starting to produce product. |
Note the breach/loan of shares was just prior to the raise. Coincidence? I don't think so |
We are hoping that the business is sound despite this breach of rules by the CEO on his share holding. |
Jaylett welcome to aim Management usually some investor or scientist who goes on to. Run a company with no management skills or clue how to generate income from it and run it effectively. Aim is littered with examples of poor managers and ceos and this is why aim is a complete gamble.
The impacts of such a sale and the chart hear point to more bad news to come. Its been a very quick slide and haven't seen anything to stop. It continuing |
Aldo - needs to resign ASAP. |
In these types of deals the stocks are "loaned" to the finance company in exchange for 2/3 of the value in cash although everyone involved knows they will never be returned. The director nominally still owns the shares so he gets to dump all his holding for cash without having to report the sale to the market. The finance company immediately sells the lot, makes a profit and tanks the share price.
As this deal occurred between August and February all the sales have been made so there shouldn't be any impact from that on the price today. The lack of confidence in the company's future by the CEO is another matter. |
The management of this Company has been a disaster for the last 6-9 months. The massive placing at a shocking price, the missed deadlines, the lack of coherent strategy and now this, an appalling lack of professionalism by the CEO resulting in him likely being booted out. And that's the best case scenario.
It doesn't matter how good the story or underlying assets are if it is being run by a load of clowns and charlatans. All I keep wondering is what's next.
Well down here now and totally fed up with it. Should have taken the 60-70p on offer a year ago and legged it. |
well that's a bolt out the blue, things could get ugly if the stock has been sold by the lender as i assume he had a lock in period with CTL. Does cast a dark cloud over the areas he was responsible for being the ceo in my view. Why did he loan the stock is the question without advising the company. I hope there isn't anything else astray as investors have to cast serious doubts over what if anything else we are yet to be told. |
The chart paints a very different story to those on here with the rose tinted specs on. I suspect the falls will. Continue for a while yet. All time low share price and a very long way to go to recover when/if it gets going. I'd stay out for a while yet until things turn which there is no sign of yet |
Not a good look at all but it does appear the market has completely overreacted to the news.
It may well take so time to recover from this but it does not take away from what the company holds. |
The Chairman Steve Kessler is far more experienced and capable than the currently suspended CEO. He is clearly from all the presentations actively involved in the day to day operations of the company and is the public face of the company. The company should be able to sort this out but have to be seen to do the right think by disclosing and investigating. |
Some licking in lala land here if they think today's rns is a good sign or news. Expect some form. Of investigation and deep dove here now. None of which will help progress |
If/when the Lithium price starts recovering from crush-depth where it is now, CTL price should also recover..providing they can find a decent CEO! |
Well said. |
This is a technical breach of disclosure requirements by a Director. It does not appear to have any impact on the prospects of the company or indeed its day to day operations. The reaction of the market seems very overdone. |
Terrible, these fools are blowing it. |
Piggie Simon Thompson loves E&P firms TRIN, JOG etc
Beware of PR Piggies, ST, Malcy etc |
Don't worry - brother Simon Thomson of IC recommended this share 5 times in 2023 :-) Wonder what he'll say now... |
Who knows about "good work"!!! CTL's accounts / financial situation have to now be under scrutiny/externally verified!!!
Could just be the tip of the iceberg!!! Where there is smoke there is often fire!!!
For all one knows the share could be suspended at any moment!!1 |
Relax everyone its not that bad. Good work still going on. |
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