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If I can interrupt the cheerleading for a moment. SatoshiPay have been given another $100,000 from the Stellar Development Fund ..
https://twitter.com/StellarOrg/status/1599881338769014785?t=EhwSkFUSgx-x9zDDubgC7g&s=19
And regarding TNT, previous posts highlight the risk of looking solely at share price, when buys come with discounted warrants, which realistically devalue the share price by 2/3
thanks for the discounted SP whoever is selling
... only if they're going in opposite directions !?
“The Person Who Chases Two Rabbits Catches Neither”
or boggling losses
Apologies - completely missed that - Doh!
Ragnarr - 25th November - https://www.londonstockexchange.com/news-article/BLU/holding-s-in-company/15732062
He may sell some more,i doubt if he wud sell the lot.I'm guessing he will be back in here tho when the time is right for him..each to their own.Yes,am also happy to take advantage of these lower levels.We're just waiting on valuations..(and hoping that they're as good as we all believe!)
Wadogara - exactly. I think mark wants to sell all his 350m. If he does then this is going deeper. I’ll be buying more if it does go down.
@ragnarr. see 25th Nov @ 2:47pm..not that it concerns me.
The downside of BLU has played out for virtually whole of this year. Here's to 2023!
There has been no TR1 from Mark White since 23rd Sept - just saying
Let mark sell blu, suits me because I’m buying at these very low prices ;-)
Had a further look into Tnt
If you trust the mgmnt then it’s obviously a screaming buy BUT
will investors really buy into a raise at 5 x the mkt cap of tintra ? I would be shocked unless there’s a warrant and that’s a huge caveat .
Yes they raised once at a decent valuation but what have they produced since then ?!! No revenue or profit (or very little ) and the market for fund raising is v difficult and different now.
So it’s 50p or 350p and 50:50 so it’s a pass for me .
If mark continues to buy tnt then there is probably another 350m to be dumped here ?I have no idea as we no longer speak but downside in Blu is much smaller than the downside in tnt …the opposite is also true but I always try to look at the worse case scenario when I invest !!
SW I can't speak for Mr White but suspect that may be his logic. Still not got my head round either fully but both have huge potential but not without risk.
ReggieT - Hoping TNT does come good, so I can buy even more in BLU. That's my plan anyway :-/
Had a punt on TNT myself but held here and just added another 1m. I see both as similar risk/reward. Here's to some good news.
GLA.
If Tintra dips mark will unload here again to buy more. I think he wants to dump all of his blu holding to buy Tintra.
Yes, that was a gamble I wasn't willing to take. That said, if I sold all my shares in BLU and it came good in TNT, I'd be able to buy 5 times more shares in BLU (if the price stays the same). I'll probably be kicking myself (as usual) lol
I have had a little punt on tnt, not thousands but takes me back to my initial point that people posting that the sp here has dipped because they are selling to put into tnt which just wouldn't make any sense to me as you would be selling huge amounts of these, probably at a big oss to buy a few, so to speak in there.
Plutuq - Their recent RNS is pretty much word for word identical to the previous one that was a 6 bagger. I agree, it looks like you say it does, but so did the last one ;-)
I've sold no BLU to buy TNT. Knowing my luck BLU would rocket lol, so I've just invested a few K's in TNT and the proceeds will be coming to BLU (hopefully).
What was saying is that people will probably take a huge hit in this to potentially make big profit.
Their rns release was looking like 'ifs, buts and maybes' with the potential of not actually getting the amount if funding they desire.
It's all chance and yes the hope of turning a tidy profit looks good
What was saying is that people will probably take a huge hit in this to potentially make big profit.
Their rns release was looking like 'ifs, buts and maybes' with the potential of not actually getting the amount if funding they desire.
It's all chance and yes the hope of turning a tidy profit looks good
Plutuq - If things work out at TNT then there will be huge profit to be made. Current market cap of circa £35 Million, but with a valuation (based on the coming funding) of at least 5 times that. Part of the funding should be in place within the next 10 days and £2.50 will be a distant memory. They did a similar fund raise in the past where the share price rose from 50p to £3.00. Well worth a punt. I've taken a small investment in TNT with the intention of re-investing more in BLU.
Obviously, don't do anything because I did or anyone else.
GLA!