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Blockchain is dead in the water right now. A lot of it has been over-hyped nonsense and credibility is low across that sector. People are glibly saying that blockchain can solve everything but in reality a lot of it is trying to create solutions to problems that dont even exist. Better off going for something that does have real growth opportunity and isnt mired in endless scandal and disappointment. My preference would b going for London's first medicinal cannabis listing. That might generate a buzz and it will b a big money industry with near term cash flow, as opposed to blockchain, where any real usage is years away. Screw blockchain because if they couldnt get funding for something decent like chorum there is NO chance making this strategy work.
Unless you have shares via IG who will only let you sell your entire holding and not buy anything so 2.7p isn't a bargain for some.
Change the name as its pointless now anyway, let everybody buy and sell as they please.
Been proper screwed over here . Nothing to show for all the time and can't even avg down.
Most annoying
Im guessing u are connected to BoD? In fact im certain of it. People here have every right to b annoyed by a year of nothingness. If u dont like the negativity, jog on and stop being a twat.
Yes, my mistake...this is great news Lazygun and we should all rejoice whilst self-flagellating. I will send a written apology to Jon and Rodger and personally thank them for all their stellar efforts so far.
Argo isn’t a crypto exchange....
U can’t slag them off after you made the choice to take the risk and buy shares in the company, just because you’re seeing a different result to that which you expected.
L.
Anything below 2.7p is a bargain...
36mill shares, 1 mill cash, = 2.7p cash per share...
Can’t see it falling hugely below that, and if it does, i’ll Buy more.
Agree it’s a setback, but I think it’s only temporary.
And there will be plenty of other opps out there, even in the blockchain space. People forget, blockchain as a technology is still in its relative infancy, and yet all the rhetoric at the moment seems to be trying to write it off... crazy knee jerk reaction...
L.
Yeah. I'll switch off now I think. I have no choice but to hold as I reckon it will relist at less than 2.5p and my buy-in price was 9.5p so I'll be sitting on a 75% loss, which I can't afford to crystallise on the off chance that these F'ing jokers eventually deliver something of value. There won't be any point checking these boards as there will be no news for many MANY months IMO (especially if they are waiting for stability in the markets lol). VERY disappointing as the Chorum project looked good. Doubt we'll see anything of that calibre again so my expectations are now extremely low. Bottom drawer looooong-term wipe out avoidance now (and I'll consider myself lucky if we ever re-list, let alone get back to my buy-in price). I've turned £15K into about £1K in 2 years on the LSE!
Adding blockchain to a name has been the kiss of death for a good few, and it’s proved no different here. A lot of really p155ed off people right now, and that’ll be worse when this realists in free fall
Agree with most that Aim, makes a change with our conversations.
The only grace here is they have taken no salary and £1m in the bank still gives this company value so we are not at a total loss .
Yep and that begs the question as to why any blockchain company would choose an RTO listing as opposed to going down the ICO route. I doubt any will. And if they are big enough in their own right they will just do a straight IPO, as that has more prestige. Our only hope in crypto is an established exchange (that has decent/consistent volumes). No chance with anything else. I thought blockchain was "...the most exciting thing since the emergence of the internet"? They obviously didn't understand this market at all and couldn't leverage their connections for our benefit. This probably leaves them with nothing.....starting from scratch.They tried to jump on the blockchain bandwagon and they've realised that was a cock-up. Now they are using Brexit uncertainty as an excuse! Should buy them another year of procrastination.
I'm going to have to hold because you know the market makers are going to give you a rubbish exit.
I can't afford to take the massive loss.
Chorum changed their mind floating.
That seems more plausible. Chorum wanted to float and now decided going private and not floating.
I guess Chorum realised they could get more money going private with ArQit and all the ICO's they could do for both the companies without all the Market issues for such.
Hopefully they have tapped up someone else already or they may as well change the name again.
No-one in their right mind would buy this now. Apart from a huge sell-off upon re-listing there will be no liquidity whatsoever. I'd say people will be lucky to get 2p for their shares. And at least another year to wait. All the wasted time and energy researching Chorum, Cordite, and Arqit. All the people saying big numbers were possible. Well the aren't. It's a dead industry for now. BoD have even indicated they might abandon looking at blockchain and just go for wider tech opps. That tells you everything u need to know.
Are we coming Back to market or staying out
Another pos not worth wiping an arse on then, thanks for f-all. If as much effort went in to a deals a prancing around race courses you may actually get somewhere
When I saw the RNS pop up I thought it would have been for the other BLOC Bloc commodities!
Oh great!..v disappointed. Now hold for the nxt take over bid or exit for a loss?...I mean who's going to be buying this when they relist?
Held BLU whilst they relisted with no deal! Thought our BOD would do better here and I agree it will be ages before we see a change of sentiment on the markets so we are well and truly stuffed!
I knew I could smell BS. 12 F'ing months for this!! These guys are useless - not F'ing deal makers. All they've been doing is playing with their horses all this time. This will relist at about 2p I'd imagine. Massive thanks to the BoD for delivering F all having had a whole year. Basically, blockchain is in a massive recession and if they couldn't make something like Chorum work we have no chance. Probably another year of waiting before a sniff of anything and will no doubt be extremely small fry. God I hate the stock market. Screwed continuously by AIM's white collar criminals and now this too!
And now I'm going end up holding a bigger loss which I can't sell so will most likely have to hold until you sort out another which most likely means a massive wait again.
So in the mean time we also have to wait for the markets to get better.
Brilliant, just f@ing brilliant!
Excited about Chorum and now after all this time nothing
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The big ones like binance seem to do well. Anyway another week of nothing on here