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Thanks PAS14
ATB
SEAQ is London Stock Exchange's non-electronically executable quotation service that allows market makers to quote prices
"Why is my sell showing as a buy and vice versa?".
The simple answer to this is that buys are showing as sells and vice versa, because the algorithm used to determine these trades is outdated and decidedly more useless than it would have been thirty years or more ago:
Effectively, a trade is given a "Buy" or "Sell" status depending upon which side of the mid point price of the Bid/Ask spread the trade lands on.
Generally speaking (certainly not always), if a stock is going down, it's going to be because the market is selling more of it than they are buying. Now, this isn't always the case and sometimes with stocks traded by SEAQ you may see market maker tactics used to fill orders that aren't visible on the order book - tree shaking.
Finally, there's a certain irony in that for the more liquid stocks in the market, the ratio of buys to sells can often be reversed to give an accurate impression of the "real" buys vs sells.
All the best,
Looks like a lot of sells going through but mine was a buy but showing as a sell, anyone know why they do this ?
Nicholas Slater isn't concerned - now owns 12% of company
Guild is flying now
Why do you need it Muscles you keep on telling us you only have a few shares in blu
Ouch!!
.145 to sell.
I was dismissed on here a few weeks back saying this would drop to .15 without news.
We do desperately need updates and clarification over existing investments from Tony.
Sure all that is in the pipeline, but how much longer does this keep dropping until?
Hard times.
EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
https://www.coindesk.com/policy/2022/09/21/eu-finalizes-legal-text-for-landmark-crypto-regulations-under-mica/
ACT
To follow, I agree that a listed investment company misrepresenting assets on its website is nothing short of fraudulent behaviour. In my opinion.
I own 2 private companies and have both sites updated monthly, doesn’t cost a lot but at least if anyone looks, we are up to date.
The new boss has a lot of work to do I think as the old boss didn’t seem to do much
All the best to all
Ouz
That’s the trouble, we have a bounce and then a rug pull. Many shares in few hands.
ACT
I see your point but I am of the opinion that they will hold until the sp recovers a little.
Then they may start taking some decent profit.
All of the dukes sale seem to have been bought by other investors. We lost a little but nowhere near as much as I thought with the timing of DL leaving and duke dropping some.
We will recover but if you’re not happy, sell up, they will be picked up by someone else, I’m sure. Maybe even you if the price drops enough as you think.
Good luck everyone invested
Ouz
.... i agree (re a stonking RNS) .... however posted for folks that are interested to see what Pendulum is putting out ... surely thats relevant ... no ?
Of absolutely no value whatsoever PAS. It’s a c&p community newsletter isn’t it? We need a 7am RNS with news of a Satoshipay fundraise
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Polkadot Scalability Explained
There are many scalability challenges that have hindered other blockchains. Last week we released a deep dive article explaining how Polkadot’s network intends to resolve the scalability problem by introducing its parachain model that makes transactions trustless, fast, and decentralized.
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Polkadot Hackathon North America Concludes
There were lots of winners in the busy Polkadot Hackathon in North America, including prize categories for DeFi, Web3 Tooling and DAOs. With the Grand Prize going to a cross-chain DOT staking dApp. Watch the hackathon event space for Pendulum action in the future ;)
Bifrost to announce vDOT
Friends of Pendulum, Bifrost, are introducing vDOT. vDOT is a yield-bearing DOT derivative featuring liquidity unlocking and flexible staking functionality to the Polkadot ecosystem.
Paypal Should Embrace Web3 or Fail?
This article in Cointelegraph makes the case for business owners to get off PayPal and move to blockchain alternatives. Pendulum will offer Fintech companies the infrastructure to integrate with our fiat-optimized blockchain without having to reinvent the wheel.
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GL with the airdrop,
Ragnar, thank you for your review.
Why hasn’t there been a RNS if investments have folded? In my opinion the website is misrepresentation of the portfolio which may yield a return therefore misrepresentation of what I am investing in. This may be a legal matter.
We have two eggs in one basket and both are independent companies with absolutely no obligation to report - this by it’s very nature is incredibly risky investing and we have no idea what is going on in either investment. As an example, last November Dynasty was waiting for news on twelve new contracts and would IPO/trade sale and speaking with global tech companies. In April 2021 Dynasty announced they would IPO within a year. Because they are independent there was no announcement regarding the failed IPO or sale to a tech giant and they won three of the twelve contracts which was announced. Looking at Gfinity, Guild, Mobile Streams and other listed and private gaming businesses, this sector may take a long time to mature.
Satoshipay frankly is what it is and may be the golden goose.
As far as seeing 0.15p as the bottom, we have a gun loaded with over 500m shares at our head being c375m of White’s and over 200m of Lew’s shares that, depending on their intentions, may be dumped at any time which I’m pretty sure will sink the SP further.
This is going nowhere soon. Big holder shifting a few, Del Boy in the background. Crypto likely to fall further with fed rate hikes. Silent companies.
Although most of my focus is on the Satoshipay investment I Thought It would be a good idea actually review the companies holdings as there are clearly some write offs as well as the ‘star’ potentials. Hopefully Tony will see this and start off his new tenure with an open and honest update.
Guild - current value approx. £400k
Dynasty - current value approx. £4.8M (based on a 50m USD fund raise valuation April 2021)
East side Games (leaf Mobile) - value approx. £110k
Googly Esports - value zero
The Dibs Esports – Value zero
Diemans Esports - Value zero
The Drops Esports - Value zero
Formation Esports - Value zero
Satoshipay – current approx. value estimated at £4.5m (based on last fundraise in 2019)
Sthaler – current value approx. £387k
NFT Investments – current value approx. £200k
Total value currently around 10.5m with approx. £200k in cash
So without concrete progress and or updated valuations the SP has now fallen well below NAV and currently represents good value so I personally don’t see any further significant drops from here
It looks to me that all the e-sports start-ups are basically write-offs. There has been talk about Googly Esports doing something, but the latest set of accounts (Sept21) it states:
“On October 2021 Googly Media Holdings Pte Limited, a Singaporean entity, acquired 100% of the Company from the shareholders with the intension of creating a group with sufficient funding to recommence the esports business plan originally proposed by the company.”
So I think we can thank Derek Lew for this lot of wasted investments and hopefully Tony will come clean and start with a clean slate.
The reality is that there are only two potential blockbuster investments, Guild, Sthaler, East side games and NFT investments may well grow from here but in the scheme of things it only is Satoshipay and Dynasty that have the potential to substantially increase the SP from here.
I think based on the last years activity with Dynasty it is almost certainly now worth considerably more that the last valuation but I think we are in the hands of market conditions before we hear of IPOs or Buyouts again.
Satoshipay for me has the biggest potential by far but at present it is only that. Everything is all being developed according to plan but it is still months before it is launched and then proven.
I am not being negative here just trying to be realistic to manage my expectations. Lots could happen to trigger off the upward movement once again, A decent Dynasty update with some financial background, Buy out/IPO or possible further VC investment in Satoshipay. Certainly a successful Polkadot launch for Pendulum and PEN token with known tokenomics will put a basic valuation on Pendulum far higher than currently provided for Satoshipay, and further down the line successful monetization of Pendulum and Dapp integrations, cross chain bridges, AMM forex trading and re-launch of DTransfer.
Lots to look forward to
Viera - thanks for clarification.
Time to buy boyzzz!
Piling up at the moment and for the others don’t come back crying like babies!!
Not sure if he sold cos Lew left ,doubt it
Maybe he’s decided he prefers another share
Good luck to him
Just next time leave it a week to sell after a onwards and upwards comment !!
I mean mark says onwards and upwards and yet shortly after dumps 125m shares !! So it’s more like onwards and downwards !! : (
Steamy - sorry I wasnt clear - I was referring to your comment on having Derek Lews ear. They have been in contact yes but I dont believe there was much love lost between them. Just my take.
You echo my points Gazzle. Just in a slightly more condescending manner. But that's grown ups I guess.
Gaz, how did you conclude GST is incestuous? Eight members of the BoD and management own 53% of the company so they have plenty of skin in the game which is exactly how it should be. Blu has two individual major shareholders which judging by the last few days, can sink the Sp at will. The outgoing CEO has 200m which he may dump and the incoming CEO when he was previously CEO owned 24m shares so pocket change invested.