Absolutely right Armagedon. So many negative influences right now on the SP that we should all be clear on: - TB family sells (FAB) - zero material progress (commercial or cash) - Wishy washy RNS - past record on company behaviour
BUT - yes, when we do get test results in March/April or if Phasefocus sale materialises we may yet see some rapid upward movement. Until then it serves no purpose to whine about MM conspiracies or haggle over whether that 20.30 transaction was a buy or a sell. We're at lows not seen since 2020 pre-dividend and that's a fair reflection of what's bee served up since then.
Priceless!!! The trades at 20.30 are apparently buys when the spread is 20/21.... ho ho ho! You'll keep getting played if you see the world through those specs. :-)
RE: LVCG & the sale of Bricklive?25 Jan 2022 15:56
We all agree with the upside from here! It's nice to disagree only on just how much - I think 10p is the stop where I topslice, you believe in 60p....I'm certainly well invested on this one. Given we're at 3.5p right now it's all good really :-)
RE: LVCG & the sale of Bricklive?25 Jan 2022 14:54
But you guys are all dealing in "ifs " and "maybes" Bricklive has never returned a profit and a hard sale would not happen on a promise of "Jam tomorrow". If Bricklive had actually provided £2M gross profit on £5M revenue in any year I'd see your point, but otherwise it does come across as shareholder dreaming. Sorry.
"Suddenly buying pressure building but price has not moved"
makes total sense as they clear the overhang from the great sell off we've witnessed. If the MM's were hiding under their bridges trying to rob poor PI's why would they be letting you buy as many as you want at these prices - surely they would be upping the price to "make more money"? The truth is more mundane.
RE: LVCG & the sale of Bricklive?25 Jan 2022 12:09
I agree with all the detailed analysis - just don't see your £30M conclusion. Bricklive bought for £8M - revenue not breaking profit up to COVID but hoping to get close to £2M in the fullness of time. That suggests a sale price of £10 - £14M to me right now.
Hi Dubjon, No coincidence resistance is 36p given that's the raw net book value. I look for a higher floor soon given all the great progress with the Narni Bridge - a recovery in BTC (and more relevantly to us) ETH will see this move fast given the low m/c and the low free float. Sometimes it just takes a little while for the market to catch up :-)
Hi Alans55, This one is flying to £1 plus. Strap yourself in for lift-off, we're going to the moooon!! BUY now, super price, can't beat it - roll up roll up, get 'em while they're fresh!!
RE: LVCG & the sale of Bricklive?25 Jan 2022 10:55
Hmmmm that got posted before I edited it!! Shows total LVCG revenues over the last 4 years and the resultant profit. I would derive from this that the Bricklive element is worth less than £30M but leave it up to you to decide.