Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Your funny , from 2p to 11p not a bad jump so far .
Great input DB.
Unfortunately, it's still over 80% down from when you were ramping at ~70p
No just morning and from my last post the price is now over 100 per cent up .
Anything to contribute DB?
Morning :)
Are you going to explain why it's undervalued?
You've simply listed two 'assets' that amount(ed) to less than the market cap.
VLRMs Gate token is now up almost 5x in the past few weeks ! (Was 0.0015. Now 0.0072).
Gate token fully diluted mkt cap £5.14m ($6.48m).
VLRM stake in UK bitcoin miner Vinanz worth £3m.
VLRM mkt cap at 9.5p=£9.9m.
SERIOUSLY UNDERVALUED.
Major shareholder update due on 22 Feb.
https://twitter.com/Colin581675Uk/status/1759706817477607886?t=jj55ibPQhyG_aIpMyl2Ngg&s=19
Multi baggers potential opportunity with tiny market cap and way over done stock.💯💪🚀
Can you add some context around that? How much does VLRM hold? Even with > 50% in increase, it’s still 61% down over 12 months
The market cap of the coin is $3m
Nice pumping though, cary on
Https://www.coincarp.com/currencies/gatenet/
If link doesn't show Google coincarp gatenet for the live price of Valereums Gate token.
Vlrms Gate token is up 50% overnight ahead ofbthe shareholder meeting on 22 Feb.
Also, Vlrms stake in Vinanz (UK listed Bitcoin miner) is now worth £2.9m but Bitcoin has recently jumped from $43,000 to $50,000 so that will soon be worth £3.5m.
So many days between take over and meeting
Ooh look. Stupid tweet then a 5% rise, then fall back
Classic P&D
Welcome to the new boss, just like the old boss…
Whats terrific about it? How about they tell investors how they intend to tokenise RWA rather than saying how great it’s going to be.
If VLRM could turn lead into gold, that would also be INCREDIBLE.
Whats their process and infrastructure?
Terrific new tweet just out from VLRM a few mins ago. Well worth reading.
And don't forget...
From VLRM tweet on 31 Jan 24:
"Further announcements will be made ahead of the Shareholder Meeting on the 22nd February."
"Further updates to come"
From latest VLRM tweet today.
"Further announcements will be made ahead of the Shareholder Meeting on the 22nd February."
Should read
"VLRM own 27,325,271 of the 128,158,506 Vinanz shares in issue (21.32%)."
Vinanz own 27,325,271 of the 128,158,506 Vinanz shares in issue (21.32%).
Vinanz now 10.7p so mkt cap is £13.71m making VLRM stake worth £2.9m.
VLRM mkt cap at 5.5p is just £5.45m.
WATCH THIS SPACE.....MORE ANNOUNCEMENTS IMMINENT !
"Further announcements will be made ahead of the Shareholder Meeting on the 22nd February."
From official VLRM tweet this morning:
[LINK REMOVED]
You still in a grumpy mood Darren?
Unfortunately, I do hold shares in VLRM. At this point the SP is not reflective of what VLRM as a company have, which is sweet FA.
There is an EGM to be scheduled at the end of this month to confirm completion of deal. Probably jumping the gun with this statement, although its basically done bar some loop closing e.g Warrants issuing, paperwork, contract sign off etc. Probably couldn't do that during silly season.
San
"The acquisition is conditional on the approval of the shareholders of the GSX Group and this is expected to occur in January 2024 at which time the shares and warrants referred to above will be issued. A further announcement will be made once the acquisition has completed."