The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Wow ..Looks huge ..
That report is very Bullish on Defi …..
Mr Market
a16z is bullish on games in the #Metaverse.
Venture capital firm Andreessen Horowitz has launched a $600 million fund dedicated to gaming startups focusing on Web3. https://t.co/W7t5jYKJBa
fair pint ragnarr and of course i know and understand your point here.
i like to see companies and people deliver on what they say, however, in business in particular things change, war, pandemic, market conditions , acquisitions etc
however if the IPO landscape has changed then Dynasty really should have reflected that to their investee Blue Star Capital with subsequent details from Blue Star to its shareholders.
this is the problem with offering business musings in a podcast.
lets see what happens next and when, i'd be very disappointed not to hear more from Dynasty before end Q2.
its IPO or sale, the question is which and when ?
Pendulum seems to be moving apace, we just need any facet now that will provide the market withy a justified current valuation of Satoshipay / Pendulum , BLU can then move to a more reasonable share price and market cap, where we are now is ridiculous.
Blue - that indeed what was stated at the time but I feel the recent RNS language has superseded that aim - I could be wrong, but it just seems that the recent deals will increase any valuation (IPO or sale) but they need a bit of time to implement and monetise. Medium/long term it can only be really good but could leave a short term haitus. Just Imo
b. Correct, they would IPO if talks regarding other options did not succeed.
we were advised in the podcast featuring matt lodge and derek lew in Q3/Q4 2021 that Dynasty would look to IPO Q2 2022
i do not have a link to the podcast to hand ragnarr, however i am sure someone can post the link.
My comment about news on a deal with Big Tech by the end of Q2 was based on their statement a year ago about an IPO in Q2 2022. I have presumed that they have pursued the Big Tech possible deal as a better option but would want to stick to a similar timeline for financial reasons. Just my thoughts but clearly a lot of other factors may be causing delay since they set the Q2 target.
Personally Im not sure we will hear much this year re IPO or sale as they are basically changing their wholebusiness model and stated that this would be implemented over the next 12 months on existing as well as new clients so I think this will have to play out first.
From the RNS
Significantly, the new partnership agreements contain both fixed licence fees and managed services revenue share. While Dynasty's initial commercial model was based on collecting monthly licence fees over a minimum 24-month contract - a typical 'SaaS' model, moving forward, all agreements will see Dynasty supporting its partners with a genuine managed service solution. Dynasty will provide dedicated in-country resources, working exclusively with their partners in all areas of engagement and monetisation, to help fully maximise commercial outcomes. Under the new hybrid model, Dynasty enjoys a significant portion of all platform revenue generated, in addition to licence fees. The Company expects that revenue share will contribute more than 85% of its overall revenue mix within the next 12 months.
"we should have formal news on a sale to Big Tech or a large shareholding acquired before the end of Q2."
Based on what?
Or is that just an arbitrary date you've plucked out of thin air?
we got momentum/volume a morning start at support push up ,0.315 needs to break and hold for a rise
https://tvc-invdn-com.investing.com/data/tvc_46ec88ab9f2e8d1d74137b01ed7912f0.png
Buys today versus sells , A positive gla
Just a reminder of what was said in the Dynasty update RNS on 7th April 2022 :
“ With regards to a potential listing, we remain open to all options but are not currently tied to any one specific direction or timeline. We are continuing ongoing discussions that would potentially provide a different outcome to an IPO. Our board and hardworking team will continue to act on the best interests of our shareholders."
Derek Lew, Chairman of Blue Star Capital said that: "I am thrilled to see the ongoing progress being made by Matt and his talented team at Dynasty. The securing of these agreements demonstrate the team are executing their strategy and reinforce our belief of the growth opportunities that lie ahead for Dynasty. From a Blue Star perspective, I am also particularly pleased that they have numerous options open in terms of how they continue to scale the business globally."
The most obvious reason for no IPO being announced in Q2 is that the talks with the Big Technology company are progressing well and there won’t be an IPO. We were told about those talks some months ago so hopefully we should have formal news on a sale to Big Tech or a large shareholding acquired before the end of Q2.
where we are back to now is a very important support level, thus something substantive required very soon to provide a catalyst for upward momentum !!
wtf is happening with Dynasty? IPO was stated as Q2 2022 and we've heard jack schmitt as of yet !!! would be good for the dynasty board to let us know whether they ipo or sell .... of course current market conditions maybe the deciding factor on the IPO front, raging inflation, interest rate environment and war may not be a background they wish to IPO in.
we shall see !!
lets hope for news next week as eD suggests
Muscles - Thats the plan but these things take time.
A couple of quite interesting developments ( well interesting for me anyway) Firstly anyone who has read my ramblings will know that for me the future of digital assets are stablecoins and CBDCs (central bank digital currencies) and Pendulum could/should/would be the bridge from digital assets to fiat.
With the recent turbulence in the market what I think is a (medium term) significant development is the state regulation of Stable coins as centralised regulation provides the crucial turning point in the mass adoption of digital assets.
Well yesterday the UK Govt confirmed their commitment to go ahead with stablecoin regulation
https://news.bitcoin.com/uk-affirms-commitment-to-regulate-stablecoins-following-terra-meltdown/
And Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO) announced that A global body for regulating Digital assets is likely to be set up next year
https://www.euronews.com/next/2022/05/13/global-crypto-regulation-body-likely-in-next-year-as-covid-19-climate-and-crypto-top-conce
and finally Heath Behncke, managing director of Holon Global Investments seems to agree with my view, recently commenting - The meltdown of the terra stablecoin last week should force policymakers to create safer ways to move fiat currency into digital assets, a leading local investor in technology powering cryptocurrencies -
Welcome to Pendulum (my words)
https://www.afr.com/companies/financial-services/crypto-investor-calls-for-central-banks-to-protect-stablecoin-reserves-20220516-p5alqa
Torreaguas - no Kasuma crowloan date set yet - but should not be too long
Nope, still finding sellers
could be very good timing as selling appears to be drying up.
Kusama parachain rewards date announcement set apparantly.