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Hi Dubjon,
No coincidence resistance is 36p given that's the raw net book value. I look for a higher floor soon given all the great progress with the Narni Bridge - a recovery in BTC (and more relevantly to us) ETH will see this move fast given the low m/c and the low free float. Sometimes it just takes a little while for the market to catch up :-)
https://twitter.com/networkumbria/status/1485929149801938944?s=21
Over $6million TVL on the Narni Bridge.
Solid support seems to be in place for OBC
Sept low...36p
Oct low.....36.5p
Nov low....38p
Jan low.....38.5p (so far)
Support level is gently rising over time. Pleasing to see the recent dip getting bought quite strongly too. Considering the hammering tech stocks/crypto has taken recently, we are holding up very well. Looking very cheap at current price, given the 2022 roadmap
Check it out at the bottom of the page linked here : https://umbria.network/
Bigger buys showing now for OBC, but ARB now
61p....I wonder how low that'll go?
Buyers starting to come in now at 37p.
A good price IMO...Plenty of positive news in the pipeline at Umbria.
Look at ARB...66p looks pretty tempting too.
Unbelievably at 36p we've now hit raw net book value because of the fear in the markets.
17% share of AFN is worth £3.5M
£1.5M in the bank at last financial statement, offset operating costs with the AFN dividend and other smaller revenues....
Current m/c £5M
No value at all now attributed to any of OBC's activity or other intellectual assets.
another BTC driven 10% drop too :-(
https://youtu.be/lG-HWerxXrI
Another video out this morning.
https://twitter.com/devbarnyard/status/1484714491959029762?s=21
Etherium to Avalanche bridging now started.
always the same - there seem to be a group of PI's who buy here on a rise in BTC, then inevitably sell for a loss when it drops.
Even though there's no direct link!!!
"Nowt so queer as folk" as me old Ma used to say (and in those days queer just meant odd, not anything sexual)
Shame BTC and ETH crashed support today on a tech selloff due to Netflix numbers miss and then crypto smash due to Russians making noises about banning crypto. UMBR was going so well yesterday. I guess we'll just have to wait a little bit longer.
If it's the 10k trade I note it's clearly above the mid price but flagged as unknown.
That's NOT a MM conspiracy BTW, just an observation on how the trade registered.
Ah! LSE have corrected their mistake.
£1M buy?
Interesting how Zak doesn't seem to know anything about some of the crypto he likes (luna), but just goes from the technical setup in the charts.
As the dumb money leaves the smart money buys in. £1million buy this morning.
https://twitter.com/networkumbria/status/1484093627097829378?s=21
https://youtu.be/KsRF7395-pI
Umbria mentioned 26 mins in.
This is a great board with a lot of useful information from some knowledgeable people!!
I’ve been following Umbria on Twitter and they’re very active gaining a lot of positive response from people.
I’ve looked through the RNS history and can see that OBC act as Umbria’s Co-ordinator - but what does that mean exactly? Do they own an amount of Umbria?
It’s gone past $3 today but the share price hasn’t budged which seems strange.
https://twitter.com/networkumbria/status/1483799820724801541?s=21
Binance smartchain now added.
https://twitter.com/networkumbria/status/1483779011310411782?s=21
UMBR token in top 10.
https://youtu.be/aAe9WnnKH08
The Red Village trailer. Launch date 25Jan.
A couple of 10,000 share buys just went through at 46.6p and 47p.
Looking good for a further rise..
$6.2 million