Member Info for barnetpeter

Market makers often get info or "rumour" as they would call it and we saw a drop like this with (as an example) GST this week. That recovered but sure enough we saw a discount placing the next day. I dont mind a placing here in fact.....if they can get away a decent amount at 0.7 for instance to raise a couple of million £ it would secure the company for next year.

Suggests a placing on the way. All it did was to allow a thumping buy at 0.9. No idea what is going on here but no one punts 61K on nothing. We will be the last to know of course

Yes the rns today was very good and a punt here is ok. The mkt hated the position after the reverse collapsed but I think this is much better news and a free go for the company bearing in mind all the drilling costs are met by others

Yes I bought a few yesterday and today. The last placing...wiped out. But Xmas is on the way and inflation is falling. So a punt at 3p.....

0.90 paid.

Just 6 weeks left to xmas and business is booming. It must be bearing in mind the number of parcels pouring into my house!

40p then a break to 50p by the end of the year.

52 Week High 2.60

52 Week High Date 24-May-2023

52 Week Low 0.65

52 Week Low Date 14-Nov-2023

Like many covid stocks that went to the moon, this has turned bad for those that held on. Not worth more than a million so expect this to fall to 0.25 to 0.30. Dire results today but then it was a superstock during covid

Nearly up to 0.7 now.

A tiny placing of 77 million shares...over a billion will be traded this week.

Crypto is looking very interesting again and volume could explode if the US allows a traded fund.

Why people want to sell beats me. But then folk were selling Arb at 6p and it went to around 350p at one stage.

77 million shares placed. We will see vol of well over a billion this week. Maybe 1.5 billion. Anyone who took the placing can sell.

Give them a chance. The company is not there to help day traders make a few quid

Every chance of a big rally and I bought more yesterday. Just the overhang that is the issue.

Risky like all of this type of share but a better risk that much of the dross around. Might actually make a bit of cash here.

The mkt does not like this and the SP has nearly halved in just over a day. I see no reason to add to this falling knife at the moment. I could have got out with a profit yesterday but the mkt is worried that a lot of money has been spent on this deal and a placing is now needed. Nothing much has gone right for Rock over the last few years

Net loss was $9.9 million for Q3 2023

The company is worthless. 70 million debt. Just a punt on BTC going higher. Dont have much in here imo. Could easily call in the administrators at any time or day. Sad but true. A disaster. People look at this and remember the ARB that had no debt, piles of cash and 1200 bitcoin. This is not that ARB

Yes it has been but dont give it all back. GST has said nothing. All this money made and they say nothing? It has been a great ramp and it might have a few days left. A placing at 1p perhaps? 2p today and yesterday was a great price to take a profit....perhaps we will see 1.25 in the morning for another go.

This is George and this is Prem. How low can it go? I bought a load of these at 0.02 and 0.03. In desperation because I was losing so much money. Somehow George raised enough money to keep prem going and took the SP up 50 fold. Miracle.

Now the price is tanking. Ever thus. Prem and George will survive. A few more placings. Zulu may be worth billions etc etc. But you might have to hold on to next year or 2025 for the next big rally and 0.1 or 0.05 is again possible. Its Prem and if you look at the history the only thing it has ever delivered is placings.

I currently dont hold but I am fond of Prem. It has lot vast amounts of investor cash and broken hearts but every now and then a new load of gullible punters will buy these and let you exit with a large profit. Just dont be too greedy and remember its "George and Prem"

Arb was easy to buy at about 2.9p in fact. I bought some. It also went from no trades a day to the highest traded stock in the year on LSE with 10,000 trades a day. It raised new money at 200p and that was over subscribed about 16 fold.

WARNING.... the BOD then went rompty and started paying crazy money to buy almost worthless land in Texas, and spanked a position where they had a stack of cash, no debt at all and over 1200 bitcoin to the current position where they have 75 million in debt, 30 bitcoin, sold most of their assets for a pittance. The share price has been back to 2p and is roughly around 9p now with every chance of going into administration.

So if this DOES go up 50 fold, take a load of cash out and buy a few flats!

Whoosh. Sudden move up. Something leaked maybe? RNS logged perhaps for later?

This is what i expected at 8am ....just 3 hours late

Thought it would be flying all over the place. Rumours of a placing at 0.9 and 1p abound. No one wants to buy and few sellers either. No man’s land today it seems

Up and down tomorrow on huge volume