Small Aussie company into supercapacitors

Issued statement on 23/10 bemused at share price fall

Stock has since droopped another 15%

Basically I'm guessing institutional seller that got in on ipo needs out no buyers ----- free money for the patient --- 3-6 months if you belive the management that is

As for the business I have no idea :-)

now comes the delayed trades that pushed the share price to 3.40p earlier just after 2 pm
from 1.54pm
554 K @ 3.30p
300 K @ 3.35p
300K @ 3.40p
400K @ 3.33p
355K @ 3.37p to 2.09pm

on the way up at 12.10pm with 3 hours delayed

1.250M @ 2.34p

some profit taking has taken place since but the best should yet to come

the Company worked for over 10 years to get to this point, they have spent a lot of time and money but then they produce an awesome world class product.

The amount achievable may surprise a fair few all with ongoing royalty payments and mind blowing potential.

The new technology can be tested for specialised requirement in different fields

A couple of weeks ago signed a deal with Thales Research Centre in France

FURTHER RETRACEMENT EARLY THIS MORNING BUT SINCE ARE BOUNCING BACK

the lowest was 2.25p with large volume since 10.5M

funnily enough, i've just seen this was mentioned on 29/4 on one of the sensible threads on advfn
major problem is that apparently it only has a cap of £4m, so assuredly untradeable via cfd, and probably not s/b either

Good news for Cap-xx.

Murata of Japan is on the same business and announced record profits yesterday

hxxp://www.businesswire.com/news/home/20150430005448/en/Murata-Announced-Record-High-Results-FY2014

Elon Musk - Tesla CEO: Super-capacitors Trump Electric Car Batteries.

http://www.greencarreports.com/news/1057301_tesla-ceo-super-capacitors-trump-electric-car-batteries

On the BBC today
BBC- Tesla unveils batteries to power homes

are we swimming with the big boys ?

what do you make of TSLA?
EM (that one!) seems to be something of a marmite figure, who predicts what sound to be ludicrous numbers but, as far as i can see, generally and eventually lives up to same

What EM said >>>>>>>

"Talking at the Cleantech Forum in San Francisco on Wednesday this week, the 39 year old entrepreneur (Elon Musk) told the assembled audience that he’d bet on supercapacitors, not batteries, to deliver an important breakthrough in electric vehicle range.

Unlike batteries, supercapacitors do not lose the ability to store charge with age. As a consequence they could potentially offer future where electric car owners are not faced with the worry of battery packs wearing out before the car does.

Supercapacitors also have a much higher power density than batteries, meaning they can provide power far more quickly than existing battery technology".

Could go ballistic

is going places just now as people realized of the company potential

bounce from a 50% retracement from late March lows

Has today broken 4p with ease and moving to 5p now large volume again

CPX 6.275p Bid: 6.25 Ask: 6.30 Change: +2.65 (+73.10%)

anymore to say?

You caught a good one here mentor !! well done.

and was slightly expected ................and a roller coaster since, sold at 5.30p

Proposed Placing

The Board of CAP-XX announces that the Company is in discussions regarding undertaking a capital raise by way of a placing of approximately 31 million new ordinary shares at a substantial discount to the Company's current share price but a substantial premium to the price of the Company's last fundraise in March 2015.

A further announcement will be made in due course.

Placing at what price?
I had some spare time so I tried to work out at what price will be

I opted @ 1.75p

reasons:
company said is going to be above "last placing price" .... it was at 1p
substantial discount to the Company's current share price
is going to be 31 million shares

How I work it out:
31M shares at 1.75p = 0.542M raise
500K for the company
42K for the brokers fees to arrange the placing

Reasons for the spikes on share price
3 massive markets
Trucks
Sportscars
Apple & Nike

Keeps with retracement at the moment

and how has been moving for the last few days

There was a retracement of 50% at 4p, so bought again