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By the looks of it I’d say no. Last buys were at 8
Will this drop back to 2-3p to buy?
yeah i am gonna stick around for a couple of days see what happens
When it moves it shoots it’s kept above 6p today which is nice considering it was 1p yesterday. With a few buys it could be over 10p easy
I invested today at 8p just on a punt but the company does seem abit dodgy there website is poor and there main focus of the past year is the chinese company behind tik tok but no where on the chinese companies website does it mention WSL seems strange.
Seems odd a share would just rise so much on nothing but hey these markets can be sketchy at best, also some sketchy directors as well
https://www.bloomberg.com/news/videos/2020-07-30/tiktok-invests-billions-into-creators-video
Do you think whoever invested doesn't actually know the risk? You seem bored.
I would hate to be invested here on a 60% spread, I would go & jump off a roof.
Abit or pressure is all it needs
If you are going to **** off a tiny company worth 600k yesterday morning investing a million in a multi billion giant ....before the pandemic....you must be very bored.
They invested last July
Ok so Worldsec “this year” investedcin Bytedance. Firstly they would have invested at the peak of its value. Bytedance are now toxic with india banning it and US and many other likely to follow. value of Bytedance is probably less now than when Worldsec invested and going forwards more do.
DescriptionByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance is reportedly worth over US$100 billion as of May 2020. ByteDance's core product, Toutiao, is a content platform in China and around the world. Wikipedia
Spread is still ridiculous :D now only £53 down :P
ByteDance is reportedly worth over US$100 billion as of May 2020. ...
We own a chunk of this !!!
>>>> ££££
is everyone on here today a ramper?
Does not take much gonna be a great day here
up we go again 9p being paid
Wow....
So how can we find out what percentage of Bytedance we actually own ???
enter "ByteDance value" into google and you get this:
"As of November 2018, ByteDance had over 800 million daily active users (over 1 billion accumulated users) across all of its content platforms. The company was valued at $78 billion and is considered one of the most valuable unicorns in the world."
75% that's absolutely bonkers!
Definitely worth the punt here but wow that spread
Can you put a link on to that info as it seems wrong to me ....
Oh and ....
Bytedance own TikTok and many others.....
Had a look into this. According to Google ByteDance was valued at $78Billion in 2018, so it was already a huge company before the WSL investment. Could well end up being worth multiple times but people should be realistic in their expectations here and consider the spread IMO. Not investing but gl to those do, could be a fun punt.
If Bytedance was valued at $1B back in 2019 when we invested £1M into it....
Our £1M has 100 bagged just like their value has......
What is our Mcap ????
Do the maths >>>> ££££.