Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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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.
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)
"Ooh Matron, give our SP a rise!" 🤣
'tent up first, price up later'
'we're going to need a bigger boat'
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.
GS20 will cover the liquidity for it all. Bring on the legislation and the next acquisitions
Cracking post rich pickings 👍
So legislation before July - so few more weeks to June - no chance will we be sub 1.50p end of June - easy 50% trade if that's your game
Yes i also believe GS20 revenue will cover all Gst's business costs etc, what a lovely thing to have as a bolt on to GSmoney, Angra will still be king here imo, July can't come quick enough for me to get an idea of where we are and where we are heading! This share still excites me at the eye-watering potential on offer.
I'd like to see this get to a fair valuation of 50 to 70m before the larger financial ii's come knocking and take what's left of the shares.
AHS. I dream about some of the valuations expressed here.
But your view must be achievable before year end if not sooner.
This is way way undervalued. I mean every thing that has been done in last 2 years has no value?
I’m hoping the July figures will justify an sp of at least 3p.
Once again roll on July.
We got a job to get passed a penny
Need some meet on the bone before you can get excited
Hope there not on a gravy train
Baznick, I honestly believe 5p is achievebale by end of 2024.
Easy send approval could get us towards 2p, some more semnet contracts will help, news of the stablecoin plans, another acquisition on the way? GS20 full roll out, too much going on to ignore, start dreaming.
The information I’m looking forward to and being revealed is revenue to March 2024 and projected revenue for current year.
Then you've got a 3 month wait Baznick.
Wayne, you are such a bed wetting drip. Jellyfish!
You sold out bond get over it.
I was stating a fact. No need for you to police every comment.
Baznick, I honestly believe 5p is achievebale by end of 2024.
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AimHigherStill- In Jan 2024, didn't you say that the share price would be 100p by end of 2024?
Splat
I said I got rubber sheets I can wet as much as I want thank you
At least I bought more this morning your probably just sitting on the fence waiting to sell
Your £100 worth lol
4unme, I challenge you to find any such comment. Plonker.
waiting to buy actually wayne. once i sell my microstrategy. it also means averaging up from the low 0.70s. ya *****
He never said that
Won't be selling my 17 million for £100 wayne