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https://twitter.com/devbarnyard/status/1484714491959029762?s=21
Etherium to Avalanche bridging now started.
https://youtu.be/lG-HWerxXrI
Another video out this morning.
another BTC driven 10% drop too :-(
Unbelievably at 36p we've now hit raw net book value because of the fear in the markets.
17% share of AFN is worth £3.5M
£1.5M in the bank at last financial statement, offset operating costs with the AFN dividend and other smaller revenues....
Current m/c £5M
No value at all now attributed to any of OBC's activity or other intellectual assets.
Buyers starting to come in now at 37p.
A good price IMO...Plenty of positive news in the pipeline at Umbria.
Look at ARB...66p looks pretty tempting too.
Bigger buys showing now for OBC, but ARB now
61p....I wonder how low that'll go?
Solid support seems to be in place for OBC
Sept low...36p
Oct low.....36.5p
Nov low....38p
Jan low.....38.5p (so far)
Support level is gently rising over time. Pleasing to see the recent dip getting bought quite strongly too. Considering the hammering tech stocks/crypto has taken recently, we are holding up very well. Looking very cheap at current price, given the 2022 roadmap
Check it out at the bottom of the page linked here : https://umbria.network/
https://twitter.com/networkumbria/status/1485929149801938944?s=21
Over $6million TVL on the Narni Bridge.
Hi Dubjon,
No coincidence resistance is 36p given that's the raw net book value. I look for a higher floor soon given all the great progress with the Narni Bridge - a recovery in BTC (and more relevantly to us) ETH will see this move fast given the low m/c and the low free float. Sometimes it just takes a little while for the market to catch up :-)
Good points Bennster.
Agreed, floor is due to rise significantly shortly.
Fully positioned to benefit from that, and very comfortable waiting as long as it takes.
ETH reversing back upwards would boost UMBR very nicely, through the UMBR/ETH pair.
Other possible triggers are a significant partnership news, or more news from the ADVFN takeover saga.
That's a pretty decent article..good find.
Shame they didn't mention the connection to OBC though. Many UMBR holders have no idea about the connection between the two.
WOW - unusually meaty trade after hours.... looks to be on the buy side of unknown.
ah - my bad its from yesterday so a delayed recording - still a big trade
Does look like a buy though. I was wondering about the rise just after 15.30, with no big trades showing.
https://www.investegate.co.uk/advfn-plc--afn-/rns/best-global-private-investor-multi-market-informat/202201260700076257Z/
Todays RNS for AFN. We own 17% of AFN.
The "For Sale" signs going up and all the Israeli buy in speculation makes AFN a really interesting story.
Of course it underwrites the value of OBC as mentioned previously.
https://twitter.com/networkumbria/status/1486308589950181379?s=21
Breaking news.
https://twitter.com/nft_news_usa/status/1486349362431098880?s=21
Another very large and very late trade reported after hours.
I had to have a gander back into the last 2 days to see what the prevailing spread was at the time of the transactions.
The big trade reported yesterday was definitely on the buy side of the spread at the reported time, today's massive trade was on the sell side of the spread at the reported time.
I'm curious why such large trades crystallise on the system so late.
Another milestone reached. 50,000 transactions on the bridge.
https://twitter.com/ronpauldfs/status/1488230012801064963?s=21
And another partner... good Umbria exposure on their site
https://thematicgreys.com/
https://twitter.com/oskiidev/status/1488243895330820108?s=21
aavegochi proposal successful.
It's all coming together.
UMBR token has broken out on the chart, sitting at an new ATH.. ETH is looking good too.
Expecting OBC to perk up shortly
Try the telegram group.. I've been adding content in there for a few days now.
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