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Wasnt me who sold. Im sitting on 70% loss. Bought at 9.2p. For all the so-called pedigree of this BoD, they've been shit. No accountability. We have no idea if they are talking to anyone or even doing a thing. My guess is not. If either of them have holdings maybe they sold today?
Considering there will be no prospect of a return within a year, ppl might be better using the remaining money for something else.
Over all the 5 decades I have followed the financial markets and investors in shares, 95% of buyers end up in this postion.. 'locked in' at a book loss, with all their funds invested, and no spare.
I bet there are a few considering the wait, and if it’s going to be worth it in the end or not. Mushroom treatment is somewhat frustrating
Someone took a big hit today, didn't fancy holding any longer .
Considering PI's have holdings ranging from 11p - 3p that could be over 50% loss.
Aimhigher ?
On a positive note, the price of bitcoin spiked 18% in the last couple of hours. If market sentiment returns to the crypto/blockchain space then it's likely to benefit BLOC with or without news.
I just cant see any news now here for a long time. Literal bottom draw shit for a year i reckon. And hope they actually pull their fingers out of their arses. "Most exciting development since the internet" lol
Getting an established company to do a duel listing through this main market company with no fees and a £1m pound bonus for using this would be easier.
Being established if it needed to raise cash it would be easy though being established and getting a million pound for free it mostly likely wouldn't.
Seems an easy option
Clutching at straws me lol
Medical Cannabis is reserved for dog NEX companies.
Optimism is all I have atm.
Admire your optimism birdseye but i fear it will b a very long wait.....to add to an already very long wait. Medicinal cannabis is my preference now. Or something IoT or AI (machine learning) related.
Get Razor computing firm to duel list through this company
Razer is listed on the Hong Kong Stock Exchange (Stock Code: 1337).
Billion pound company with huge growth.
Get it done and make me un-poor :)
Yes let’s hope because at present I’m thousands of pounds in the red and I’m poor, so can’t afford to lose it either.
I had better hopes and thought the company would have looked at fundraising in a broader sense with Canada and the US being more swayed in the Blockchain sectors where they spend colossal amounts.
I have noticed Chorum and ArQit have not released any news still on anything let alone ICO’s.
Makes you wonder how ready they really are anyway.
We could have a new acquisition done and dusted here before they produce anything of worth so look on the bright side I guess ?
Maybe they should pick something horse racing related lol.
Having preserved as much cash as possible, we are now considering other deals in the technology space and are more determined than ever to deliver value for shareholders this year
Looks likely brexit will face lengthy delay so markets will stabilise. What will b the excuse then for lack of deal on "the most exciting tech development since the internet"?
I can see Sarge and Hale will be pratting around with horses for the foreseeable and that we’ll be stagnating in the basement for now.
Just a box ticking exercise. We'll get a standard RNS then back into hibernation mode.
Nope, as in the Highlands of Scotland!
Be interested to hear what they have to say.
Anyone gone to this??
24th Sept 2018 - final results -
Net assets £1,371,897
Number of ordinary shares in issue 36,500,000
Nav/share 3.8p
Https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/BLOC/13802122.html
Price paid - final trade today - 3.88p
On 21 September 2017, the Company was admitted to the standard segment of the Official List and to trading on the London Stock Exchange's Main Market
Is news due again? Seems to be a premium being payed at the moment. Last time this happen it was just before suspension.
Can’t you buy through another account and average down that way?
Jon and Rodger
Still can't average down because of stupid blockchain name.
It's most likely never gonna be blockchain now so get rid.
just keep buying to average down at these prices...….low issue of shares..get em while you can......and hold hold hold until new news comes through.....
Aim, Can you do yourself and the rest of us a favor and stop the negative chat and comments. Had the BOD spent all the cash on coke and hookers I would be right behind you however they have not. In fact they have managed to maintain almost all the cash and that gives me a huge confidence boost in the motives of our BOD. It is clear from the RNS, any daily newspaper or financial site that investors are being cautious due to the political landscape. You only need to look at the small cap resource sector to see how tough it is to get finance at the moment.
As it stands we are back at the starting block however we now have evidence that the BOD are in this for a result rather than a salary and golf club membership. They clearly don’t see BLOC as a way to cream cash off investors and we now have an idea the sort / size of business they are targeting.
We have over £1m in the bank and a market cap of 900k. We have a competent BOD who have experience doing deals in 100s of millions range and we have a main market listing, that alone has significant value, and only 30.5 million shares in issue. For investors who are used to buying cash shells this looks like a great opportunity. The best way for you to get back to the 9.5p buy in would be to get behind the BOD and accept that things take time and the outcome of the financing for the last deal could not have been foreseen. If we keep hammering the bulletin board with negativity then we have no chance of attracting buyers.
As if
RS seemed to mention 10 bagger from 5p level so maybe a 20 bagger from here then !!