Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Do we know how many Umbria tokens OBC own?
That’s a good question. I wouldn’t be surprised if they are trading it. So would be changing all the time. Only my opinion though.
I’m sure I read previously on this board that OBC had 10% of the tokens ( I’m not sure if this is true ) - If that was 10% of the max supply it would be 1 million tokens - so currently valued at just over £5 million. Plus the cut of of the transactions that OBC receive. Plus the value of ADVFN - currently about £3.5 million.
The MCAP is currently less than 6 million.!!!!!
Don’t think the market has woken up to this yet.
At 41.5p, OBC is an absolutely utterly stonking screaming buy!
I think the market will wake up to this tomorrow.
The UMBR token has gone up 60% in just a few days, the bridge pool apy is ramping up nicely..USDC paying over 20% apy on both sides, USDT over 20% on poly side, ETH 30% on both sides..incredible numbers.
20% apy on stablecoins is unbelievable.
30% on ETH is not surpassed anywhere, as far as I can see. Farm is paying 208% apy
It couldn't be any more bullish.
Fantom network to be added to the bridge any day now. More than 10 other bridges to be added this year.
As Busbystoop says, OBC MCAP is just £6m and a bit. Ridiculous, given what we know.
I just graphed LSE:OBC against COIN:UMBRUSD
Can't post it here, but I recommend trying it.
We are sitting on possibly the best performing share of 2022.
Prepare for the mother of all spikes IMHO.
UMBR up 10% overnight.
Now $5.52.
MMs don't look to have much stock... snaffled a few more early doors.. can't seem to buy any more until somebody sells a decent block..
All aboard!
certainly been a bit of buying action this morning Dubjon ;-)
You're right, of course, the low free float acts like a booster - and there's no recent placing looking to sell quickly as there is with so many other AIM stocks I hold, so in theory there's nothing to hold this back.
Exactly Bennster.. Shares are quite tightly held, and not that many available until price rises enough to tempt sellers..
Nowhere near that level atm IMHO. The Umbria Network metrics are all looking unbelievably good, and all increasing at an accelerating rate. OBC sp cannot ignore that any longer.
People on the discord were fretting about buying UMBR at an ATH just a few days ago, when it was $3!
You can stake your crypto here to support the network and earn interest
https://bridge.umbria.network/pool/
Up almost 10% today.
That'll do for a start.
UMBR continues to rise, currently about $5.70
Pretty good day all round. Expecting OBC to continue to rise, having closed above the 50 and 120 dat moving averages . A golden Cross should form on the chart within a week or so, which will give a nice buy signal (when the 50 day MA rises through the 120 day MA).
Expecting a good, sustained rise over the next few weeks.
Chart set-up looks really good tbh.
https://coinmarketcap.com/currencies/umbria-network/
$5.98 new all time high this morning.
It's strong movement - outstripping BTC and ETH this year to date.
Great sign for the bridge.
The UMBR/ETH chart is a thing of beauty.
The rise in UMBR is starting to go exponential.
UMBR market cap now $64 million.
https://twitter.com/devbarnyard/status/1491431622398205959?s=21
I know this has been asked before - but I can find no clue in the financial statements: do OBC actually hold any UMBR?
If they do then this is becoming material, but all I can find is the stock line that OBC are acting as an advisor and consultant for UMBR.
According to a recent interview with Clem Chambers we own a "fairly nice chunk" of Umbria tokens. An exact figure is not known. It would need to be declared in an RNS