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If The Duke went from 7.6% to under 3% he sold at least 230 million shares.
Market makers wouldn't absorb that number without completely crashing the price, so surely someone must have bought them.
So, I’ve been invested for a long time and initially liked the blockchain concept, then held my breath during the abortive ‘placing’, then I liked the change of direction to esports and the potential for Dynasty. The main problem now seems to be a complete lack of really positive feedback from them. It’s all chat on here and no substance, as the SP creeps ever downwards. To give many of us any return, SP will need to multiply very very significantly. Here’s hoping.
Not only once Ruga
Viera
Would you be prepared to expand on your post regarding the valuation of Satoshipay. You have stuck with BLU for many years now and have had close contact with the management to help sort out some corporate issues in the past. I am sure the bb would appreciate your views regarding how successful you think the board’s attempts to value the 2 major assets will be and the likely valuations.
So Mark White is “ Theeeduke” ?
He posted on the 1st Feb he’d bought more Blu shares..
Quick change of heart to have such a clear out so soon after buying.. 🤷♂️
Really only worth £12m ? Wow
It was related to the company on the 14th that his holding had dropped below the 3% mark, another approximately 150million was sold over the following 2 days. That may suggest he has sold the lot - hope so.
Mark White made most of his money in Argo blockchain.He might be gone full circle and reinvested his money there.
Appreciate the acknowledgement 999
And as yet another week draws to a close with no substantive news, ill hang my hat on the usual and appropriate tagline
Yet another week down the Swanee at Satoshipay
Let’s hope he’s sold out and we race to 2p 🤣🤣
No need to specify if you go under 3%. So does the Duke still hold any, or has he sold the lot. We will never know.
Think most if not all are underwater here momoni
It’s a bit of a touchy subject for some though as they can’t handle when I mention how dire the situation is here
There is no investor appetite
But we do have March - and we’re apparently getting Jam in March
Duke can do what he wants it is his money, i take anything he says with a wagon load of salt. He must have lost some pile of money here and its not the first time but that is his business. Its only a few weeks back he said he was buying, must have been around 1.1 ish. Like has been said its good to know it isn't someone who might know something and a good buying opportunity for anyone that still has any faith left here. May be cheap but probably for a reason. I am done with tying money up here. See what happens but it won't take much of a lift before i am gone for good, I think slug has this all weighed up.
Thanks slug so made a mistake when I bought back
I guess I should only invest in what I understand luckily I made some gains in other stocks but still down a lot
Momomi - yes we are according to the rampers
We are allegedly heading for the dizzy heights of 2p, 3p or 5p
All while Satoshipay are globe trotting and constantly falling short of their roadmap
Satoshipay don’t care because it’s not their hard earnt they are squandering… its all investor cash being burnt
Guys are we still on for the pennies - or am I living the pipe dream
I am laughing so hard I can't breathe, he's done you all.. again.
How many times has he made the cheerleaders frothy with his "it's different this time" baseless tripe, and dumped out? It's at least twice now.
The good news is that absolutely nothing has changed for a very long time, so swing trading is easy here. This will easily return 10-20% within a few weeks, even if there is no news. Thanks Duke (again)
"set against gains elsewhere"
Good one!
It could be that 'rose tinted glasses' view of yours, or it may be that he doesnt see value in what satoshipay or dynasty are doing
Regardless of whether he comments, talk is cheap
Even if he does comment on his offloading - there will be some sort of clause with the usual ramp/bullish outlook. If he wants to keep selling, he needs buyers. everyone has their own agenda they are working to
Fact of the matter is, very little is being done to build investor appetite. There's not been many new posters here, & whilst regular posters have no obligation to post their trading activity, very few have been forthcoming about topping up at these 'bargain basement' prices.
Are these really bargain basement prices or is this fair value based on investee performance to date? I'd say its the latter.
Tony F has one and a half months until his self imposed deadline is up. Expect another sell off come the end of March if no progress.
Hopefully Pendulum are close to actually doing something...
It will be interesting to see whether Mark White comments on his disposal. One possible explanation as we approach the end of a tax year would be to crystallise the large loss he has on this investment to set against gains elsewhere. Once he has been out for the required 1 month (I think) he could then buy back in.
RNS out.
WOW... Nobody saw that coming did they ha ha
Satoshipays track record of delivering successful projects - lol -:)
Until then,
Sellers gonna sell
That's another 25 million sold a very low levels.
We may get the RNS in reduced holdings later on.
Pendulum failing again.
Someone is relentlessly selling here. I wonder if it's Lew? Huge quantities.
Great buying opportunity though, with I had some spare cash.
Wtf is happening with this share