Member Info for barnetpeter

Insider ...so did I at slightly below 3p. But that was not a punt. It was madness lol.

Chaebol. You are right...this is dire bearing in mind this was at 300p. But the bonds can be bought back at around 5 c in the dollar. The company has bought itself some time.

Easily hit 10p if they can get an equity raise and buy those bonds back or BTC rallies to above $20,000.
10 pence is nothing to those that paid 200p in the placing of course.....but at least a bit of time bought/

Below 7p to buy is a fair punt.

No vol,,,,Thats because only you are mad enough to buy this dawg. I hope you get a rally up to about 8p and grab the profit!

I wrote a while ago: "someone will buy the company for a pittance from the administrators. Should never be on any market"

I think any deal here will be at a max of 1 to 2 pence. Redundancies going ahead. No business here. Sales a pittance, millions in cost. Debt. Directors have no interest whatsoever i shareholders or how much blown since last placing.

Seasonal greetings to you beechknot and to you hi blue.

BSFA may see 6p or 60p next year. who knows....but now is the time to have a break. I will be having a wonderful Xmas dinner and I hope you will too!

WEB has been a terrific mover this year:

52 Week High 3.85
52 Week High Date 05-Jan-2022
52 Week Low 1.15
52 Week Low Date 29-Nov-2022

Personally I have been adding at 1.40p and below. !.25 was the lowest. We saw 6p last year when the calif vote was due and I see 3.5p as very likely next year. The news today is good even though we do not know any revenue details. Lower risk with a likely return of 150% next year or higher if a deal is done. No real funding issues and plenty of financial clout. Perfect punting stock (pun intended!).

Think the news looks good and could be a big mover in the New Year. Was hoping for a lower entry price but the support looks solid and the regular news is helpful.

TEK was rather volatile in 2022 for such a stock and 2023 could be similar. It always amazes me that some folk buy at the highs and sell at the lows. 30p is my target for 2023.

Seasonal greetings to all.

52 Week High 36.00
52 Week High Date 06-May-2022
52 Week Low 15.75
52 Week Low Date 16-Dec-2022

There was plenty of time to sell these for a good profit this year. The stake in afn and the other assets underpin the company although it is risky of course. Something like 6 to 8 pence is a great entry price for a punt. I have a freeroll on these and will watch to add. Crypto may recover next year and if it does so will this but who knows?

I bought these at 2p and higher and took a small loss when deciding the company was too small to keep taking such expenses. I agree it looked good and the management speak was positive enough. I suspect they will be around for another year but then they will either go into admin or be bought out by a much bigger company for a small amount. The revenue is good but the costs are just too much. No point selling at 0.5 imo as it might spike next year if they get a big contract but this underfunded loss maker is a great idea in theory but less so in practice

Shame there is no sense of humour on here though…

I never lie on these boards. No point. I do get things wrong though. I have not added at 10p of course but I did buy at 9 and a bit and still hold those

Yes tanking away today. Has anyone told hi blue? Got my 10p stock.

beechknot...perhaps they know about the placing at 4p? Or they are getting sued by another company in a billion dollar lawsuit? Or the directors are selling all their stock and going short?

There are lots of reasons....this should be ten pence so I can buy back the ones I sold at 16p.....

Administration. We have a Board out of their depth who have managed to lose vast amounts at a time when oil hit over 100 pb. Useless. Write off your investment here as a 100 per cent loss. You are already down 95 per cent.

By invested do you mean “doing your …..” on these? There was so much ramping on Twitter about this stock and I nearly bought at £2. I am not sure anyone really understands what is going on here now….watching carefully as it will bounce hard at some stage but where is the low?

Very impressive rally on a dire day for the mkts it must be said. Perhaps folk are all selling other stocks to buy this ha ha?

i sold a lot of mine at 75p. Wish I had sold the lot. This is dire. No....worse than that. Forced sellers everywhere in these dire mkts.

52 Week Low 15.75
52 Week Low Date 16-Dec-2022

Thin mkts of course. 12 to 14p might be a good entry price if we see a sudden fall as punters dump stocks on recession worries. 10p is not impossible in current dreadful mkts though.

I agree with Crabtree....I think the mkt is looking at this (rather complex) deal and saying "hold on". A lot got spiked today and some are already 40 to 50% down. Even those who thought 240p was a good price are looking at a growing loss.

The price is now at the lows of 170p bid and may be going lower. 150p seems a very fair target for the shorts although I can see 100p in time. It is just the same old type of scheme wrapped up in a new version. Who pays for this? You the PI do.