CLST Holdings Inc (CLHI)

[Renegades17]

I won't rehash what transpired



All I can say is that the market view of this company, at least from US shareholders' perspective, is very negative now. No one believes what they say. Consequently, there's a steep hill to climb to earn back trust. It can be done, but we haven't seen any evidence of a meaningful effort to regain investor confidence (IMO).

This doesn't mean that the company isn't doing great (certainly seems like it is) and that the market cap couldn't be a lot higher at some point.

I don't have a lot of experience investing in British companies either. I will certainly view any future opportunities with a great deal of hesitation based on this experience. Fortunately, I got in very early so it's still profitable for me (though there was obviously a substantial opportunity loss).

If they abandoned the RS or reduced the ratio to 1:5 or less, I would turn much more supportive (despite some misgivings that I have now about Stephenson). Let's see what they do.