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Cracking post rich pickings 👍
Hell yeah, this is the sector to be in right now (this and AI!). I'm hoping for £2.50 and you never know... but push come to shove I might accept £1.80 :)
When the company gets valued at £5b I’ll get my £2.50!!!
It could happen
GS20 will cover the liquidity for it all. Bring on the legislation and the next acquisitions
Easysend will also give them access to currency to help back their stablecoins. They need that scalability to be able to continue to back their stablecoin currency for GEUR in order to maintain its value. They will then need to tackle the backing of GUSD as Angra global through vimology help back GRMD. It’s all pieceing together, think the US is next and would make sense with thier stablecoin legislation coming in soon as well. Then that’s all the stablecoins sorted.
'we're going to need a bigger boat'
'tent up first, price up later'
"Ooh Matron, give our SP a rise!" 🤣
Thanks AIM for clarifying.
Just re-reading the corporate update is getting me way too excited here! There are legitimately many areas that warrant a full discussion in their own right: the GS20 exchange, Semnet, Angra Global, Easy Send and who knows what else is being progressed! (hopefully we'll know this week!)
The trusted sites relate to trading volumes, if you clibk on the link it explains it, then if you click this link you'll see that not that many exchanges have the blue tick which means trusted by coincodex.
https://coincodex.com/exchanges/
The link to what I was talking about above is this one
https://coincodex.com/page/trusted-exchanges/
According to CoinCodex (https://coincodex.com/exchange/gs20.exchange/), they don't "currently label GS20 Exchange as a trusted exchange. However, this doesn't necessarily mean that it is unsafe..."
In the recent RNS, the Cooperate Update stated:
"...The GS20 Exchange continues to gain market traction, with a continuing increase in signed-up users and it is trading profitably, in line with the GST Board's expectations...."
"...Ensuring digital asset security is a priority and the GS20 Exchange vaults are CCSS Level 3 certified, the highest standard in Cryptocurrency Security Standards (CCSS)"
I wonder when this standard was reached and if it will have a positive impact on how places like CoinCodex rate the GS20 exchange?
Yep, all the extra clients but more importantly their tech. This BoD know what they are doing, you just have to let them carry on creating more value. As I've said already, if all people have to complain about is PR, you know you're onto a winner.
Carry on BoD (not a film idea)
While we wait for news, I have been reading up on the advantages / benefits that owning a majority stake in Easy Send gives GST.
At the time the news of the option to buy was first announced I thought it was a really savvy move by the board to acquire a company which although based in Great Britain is still deemed to be in the EU ( for matters related to trade and finance)
In summary the benefits are as follows:
1. SEPA Transfers: For transfers within the EU, we can use the Single European Payments Area (SEPA) network, which is designed to simplify bank transfers denominated in euro. SEPA transfers are typically free or subject to a nominal fee, which can be beneficial for both the company and its customers.
2. Brexit Considerations: Despite Brexit, financial companies in Northern Ireland, have continued to adhere to EU legislation that allows fee-free transfers over the SEPA network to euro-adopting countries.
3. Cost-Effectiveness: Transferring money internationally used to be costly, but with the advent of services like SEPA, the costs have been significantly reduced. This can make Northern Irish companies competitive in the EU market.
4. Regulatory Compliance: Companies based in Northern Ireland, are regulated by stringent security and licensing requirements, ensuring that transactions are trusted and have some protection within the EU.
Overall, the combination of low fees, regulatory compliance, and access to efficient transfer networks like SEPA can provide significant benefits to companies like ES operating within the EU. This plus most of the rest of the world adds up to goldmine (as previously pointed out by others) for us. If this strand of GST doesn’t excite you, nothing will.
Sunny exactly my thoughts, going on past performance, I'll be extremely surprised if we don't know this week what the money will be spent on.
Or is it?
14th Nov placing RNS.
29th Nov RNS on acquisition
2 WEEKS 1 DAY
23rd Apr placing RNS
2 WEEKS 1 DAY IS 8th May. Could happen again?
What do you think, I think it means.....
I like when people tell me what I'm thinking.
No
Cheers lloyd
"The admission date of the Placing Shares (the "Placing Shares") will now be on 29 April 2024 and not on or around 8 May 2024 as was originally stated."
So is something else going to happen tomorrow??
It refers to jackaroo's post of 10:45 where he states he owns 16 million. That is £160,000 at 1p a share. It doesn't mean there was a trade for £160,000 today.
They haven’t applied to sandbox Wayne, they may not at all and go straight to authorisation. But the DSS sandbox is open in the summer for applications and if there was a sandbox designed for GST, that would be the one. The others aren’t particularly suited to GST anymore, the DSS one is the next generation and will come at the same time as stablecoin legislation. I’m speculating here but putting the pieces together that would make the most sense while GST scale thier assets and revenue so they can back their stablecoins appropriately for expansion.
Are you sure there was a £160,000 buy? I can’t see there was one for that size today.
If sandbox fails what you recon
A little good news would help
I found some small change down the back of my sofa last night so i picked up a small slice this morning - every little helps, especially with the news that we believe is coming.