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If I had of bought recently I would be laughing. But unfortunately my first buy was March 21. I tripled my holding trying to average down. I’ve now sold 2/3 at a heavy loss.
Unfortunately I can see the SP continuing to drop due to the lack of communications from the BoD and also the 50% dilution coming if/when all the CLN’s are converted at these prices. But on the plus side, at least they won’t have to repay the loan if they’re being converted. Just a shame it comes with a warrant as well, meaning further dilution down the road.
I’ll hold my remaining 1/3 in a hope to get some money back if a buyout happens.
https://twitter.com/jrowland58/status/1522219588963868677?s=21&t=XSOhHHMeVa_yzY-A_mKj9Q
It’s volatile if you look at it on a daily basis. But from a longer perspective it would have given you at least a 50% return over 6 months and more than 300% over 12 months.
If you can you find me a savings account that can offer that, please forward it across.
Bitcoin is here to stay and will continue to increase.
It’s exactly that, cr*p!
I can buy, but limited to 28k on the sell. That’s because there’s no volume and others are dumping. Not due to manipulation. The SP is not going anywhere until mode is available on more sites and/or they release some advertising so the public know who mode are.
Yes.
More people buying and selling Bitcoin = more revenue for MODE.
Increase in value of Btc in treasury = MODE asset’s valued higher.
More people adopting btc = more people interested in btc cashback and paying with MODE.
Once the advertising campaign commences, MODE will rerate
Question about the OTC Listing.
With the current price of MODGF at .58 USD, does that mean we will gap up in the morning? due to the price equivalent in GBP being 0.43
With no new shares being issued, surely it will affect the price on the LSE
If you didn’t know already, MODE won their award of Fintech Investor Deal of The Year at the FStech Awards last night. Not sure what it entailed as most ‘Investors’ are underwater?
Hopefully the rise in SP will start now as there was some serious big players at the awards that will have noticed MODE if they didn’t know about them already.
Alipay scooped the final award as well.
85 BTC at the start of the year.
Plus *’ Investing further into Bitcoin to maintain Mode's Bitcoin treasury position at 10% of its total cash reserves.’ Which occurred During the £6m placing 26 Feb.
15 BTC would have cost around £0.5m around that time.
Need any more math lessons, give me a shout