George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Oilboil
Absolute hogwash Pictland, the number of shares a company has is irrelevant. The market cap is all that matters,
That statement is.hogwash
Market Cap is all about how many shares are in issue.
898million shares @ 3.75p = 32M Mcap
People need to.hold for this to go rocketing. Not to topslice otherwise the mms get their fill.
Sry and oither investors all take their chances, they have mor to lose than the likes of me.
Howevr longer term whatever happens, this will pay-off...
Buying at the low levels always serves it piurpose longer term.
Buying at say 50p may not. Or arb at £2.50.
If Bitcoin and crypto ccy is still still around in5years and in permanant residency, we will all look back and go say...
If ONLY I HAD....!!!
Easy to buy at 3.85p could go either way
Insane...
Armstrong, Coinbase founder is set to receive a big pay package as the company goes public. According to reports, Armstrong is set to receive over $3 billion windfall – equivalent to more than $1 million per working day, from the exchange’s direct listing.
Well said oilboil...ditto that.
Honestly some of the crap on the BB’s you sometimes wonder ....
He might be conspiracy theorist in real life? Like spreading if you drink Vimto you’ll get the Kent virus...
Rest my case.
Well hindsight is wonderful. Could have sold some more above 4p. I can buy back all the shares I sold this morning and pocket £1000. Who does that - day traders?
Tight spread so wait to see what the morning brings.
Well said oilboil. His post was the comment of either a deramper or an ignorant investor. And don’t think that I am ruling out the possibility of both
"...but the shares in issue amount to just under 900M. That is very high for a company in its current position."
Absolute hogwash Pictland, the number of shares a company has is irrelevant. The market cap is all that matters, I suppose the only part of your statement that has some relevance is that with more shares in issue it is a little more liquid, but we know many of these are held by a very select number of individual entities so that is irrelevent.
Please don't post rubbish like "there are too many shares in issue..." it's irrelevant, someone with only Yr7 Maths would know that, I can't do anything about your lack of Maths skills, but we can remind others that your post is drivel...
Yeah. The current price could be a steal if their plans come to fruition. However, it is still a big if.
The current market cap may only be in the region of £35M, but the shares in issue amount to just under 900M. That is very high for a company in its current position.
Agree HE,
Added at 4p, might look cheap in 3 months from now, that’s my own view.
Top up time? I can't resist
Thanks for your help Pict and Dave, as you think the share price will 'fluctuate' both up and down and should be sold on Thursday I had to agree.
I have taken the unexpected opportunity presented to add some more! As I stated earlier, a business valued at an mcap of 35 million with potential cash/credits of 70+ million with nothing added for other assets or potential revenue generation is a good un imo. GLA.
Nobody should pay any serious attention to messages re the share price predictions. The only thing that really matters long term is that the company starts to do something to generate revenue and profit. Until they do so the share price will fluctuate (sometimes wildly) at a low level. There is no basis for it to rocket at the moment. The crypto stuff is just hot air until they actually set something up
The worst messages I see are those which talk about breaking a specific price target and then somehow by magic this will make the share price leap!