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And whoever is selling deserves to be put in an asylum
Well I put a limit price with transact platform this morning of 50p and bought another cheeky £5k at 46.85p so happy days.
No more from me, fully loaded and ready for the long term - 3 year view!
GLA
So on the week when the payment app goes live and the OTC listing could possibly materialise, we once again see selling, this time because bitcoin takes a wobble. Which makes mode more money. Crazy. Whoever is buying at this discount must be laughing.
Rookie...not sure Bitcoin does dictate our sp, when you think back when Bitcoin was topping out....what price were we then? think around 55p, prior to that we were at 80p, not saying there is no correlation but a bit hit and miss, think mm's are playing this as the crypto market has a touch of the nerves, do think that any pullback to the 45p level will attract buyers, funny old market at moment
Looks like BTC still dictates our SP though, absolute joke
It is my interpretation:
? Major UK websites including Myprotein and Lookfantastic will begin to accept Mode in Q3 2021
In Q3 to leave from Thursday 1st July - 30th Sept 2021 so Mode could start accepting THG payments from as early as next week.
Either way happy to be here, excited as to where it can go. GLA dyor
Let's hope so, Jimbo.
Feel that they will need to announce some more partners when confirming the launch though. Don't forget it will be end Q3 according to their RNS that THG group of companies are expected to be enabled on the App, so still a little way off for that.
Perhaps the launch will just include their own online merchandise store, per the RNS?
Either way, happy to have added some more sub-48p just now. My final top-up. Again!
gla
Last chance for a topup... big week coming here for Mode and I expect the price to be quite a bit higher than these levels come Friday!
Yes, after Friday I genuinely couldn’t have foreseen a sp in the 40’s (albeit high 40’s) again either.
This should be the penultimate week for the otcqb listing and the new launch - just can’t imagine the logic of the person looking to sell at such a pivotal time or the person who’d want play chicken to get in at a lower entry point; the past few weeks were the time for that.
And as I type an email has popped through re: update of terms of service:
Hi there,
As we get closer to the exciting launch of our Payments and Rewards features, we've also been working on updating our Terms of Service, and making them more streamlined and easier to read.
Here is an overview of some of the changes:
We updated the E-Money Services section to further clarify what happens in the event of an unauthorised or incorrect transaction, and what are your refund rights.
We added a new section on Rewards, explaining the types of Rewards you’ll soon be able to enjoy through Mode.
We added further detail to the entire document to clarify your rights and responsibilities as a Mode user.
Very interested to see how it all comes together in terms of an app ecosystem.
Was it only Friday night that I speculated that we would not see sub-50p again?
Not just here though, seeing plenty of red elsewhere, so at least some comfort that the markets in general are having a tough day, but I thought with the pending launch it would perhaps be more stable in the face of some market volatility.
Lowish volume, so nothing to be concerned about, imo
gla
Caught out a bit here today.
Was expecting a further dip and an opportunity to pick some more up sub-46p early on.
A great update though, and a nice rise back into profit for me.
Next week will be interesting here, for sure. Not sure we will see sub-50p again
Good weekend all
Nice end of day - just the beginning
Once that HUT group goes live this will pop
Breakout looking primed to go as the pressure builds here ,gla..... sector
Confirmation that MODE's payment launch is going live next week.
Ariane Murphy
@arianemurphy_
Investor Relations at (LSE:MO
@Replying to
@Siftedeu @wearebanked
and 3 others_
Not included in this article but a key #Openbanking player is
@modeplc
. We're partnering with
@thg
to offer Open Banking payments and #BTC cashback at checkout.
@i_woodford
@amyrlewin
happy to introduce you to our solution --> going live next week.