The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
A good rundown on the case for FX on Pendulum;
https://www.youtube.com/watch?v=7Jdw5hIe2lM
This is regarding AMPE(canary chain for PEN) listing on a DEX.
'there is no set date for the Zenlink DEX listing yet.
we're waiting for the Amplitude runtime upgrades to take place.
and then there will be a liquidity bootstrap event for AMPE. once those things happen, AMPE will finally be available for trading on Zenlink.
I've heard that we are very close, but I don't have an exact date unfortunately.
thanks for being patient. I am also hoping we hear something soon'.
the problem is there's selling pressure from those phoning brokers to make an exit after waiting so long which creates supply. However not many are able to buy at the moment because for whatever reason at least the online brokers i am familiar with do no even recognize Hellenic. I do wonder if this is Hellenic at fault for not providing info..
"By law certain stocks must have a Key Investor Information Document / Key Information Document available before investors can purchase them. The party responsible for publishing the documents have not made them available to Hargreaves Lansdown for this stock and so it cannot be purchased. We apologise for any inconvenience caused. "
Hopefully Hellenic will get sorted this asap. Bit of a damp squib otherwise.
I've just contacted ii about the relisting. It appears they have no idea when it will be moved back to being tradeable.
To wait 18 months for this to be relisted, then not being able to trade takes the biscuit. On top of that would you look at the spread, .20 to sell. Even if i wanted to buy i cant as most online brokers have yet to update. No other choice now to see where this goes. GLA
the mcap can still halve from here pal, there seems to be no news flow at all.
'Share Price Performance Condition: That the NED Options cannot be exercised until the volume weighted average share price of the Company has exceeded 5p for ten consecutive trading days'.
This tells me the confidence they have in upper movement of the sp in the near to mid term.
coupled with that the chart is looking more bullish, if we close above the 50 day MA then its looking like blue sky ahead.