Member Info for Bfdinvestor

Atleast another two to three years I'd guess, at which point he will most likely be sat on a stonking profit

Absolutely not.

My personal view is Suay Chin have been background selling and not bothered to inform KOD.

That and market makers are more interested in looking after themselves than appropriately valuing a business to create a market

Yep a veritable sea of blue and the sp moves....not an iota.

Now imagine if those had all been sells....10% down atleast I'd guess.

Aim truly is as low as it gets

Kat, if you check my posting history I challenge on both sides of the argument.

I've had a few spats with AHS, Lloyd and Chaebol over the months.

The simple fact is that currently you are posting far more erroneous stuff than anybody else imo

It depends when the confirmation RNS comes through.

I'm assuming the closing date for objections is cob US time today. So the earliest we will get RNS is tomorrow, or with the speed of bureaucracy it could be latest Monday UK time.

When it comes I'd hope to top the leader board

Kat I don't believe anybody on these boards should be insulted, it's just pointless, which is why I don't engage in it.

I want to see both sides of a debate, but factually based. What you are posting at the moment, imo isn't factually true, hence I'll challenge you on it.

But I'll always do it in a non personal but robust way.

Kat as I've told you a few times now, I'm on a free carry with no intention of selling anything, so I haven't lost a penny.

You, on the other hand, are resorting to insults because you have no other argument

They have been selling sporadically for a couple of years.

There were a few massive volume days after the placing, these account for a fair few of those shares, so it looks like whoever took part in the placing is holding onto atleast the majority of the shares, which is good news I think.

It's strange there is such a delay to the Q2 update, maybe trying to put as much distance as possible from the placing?

Well Kat once again demonstrating your lack of business knowledge.

A business sale is nothing like a HP agreement. The Semnet deal has completed, GST are in possession of the shares. Or are you, once again libelling the company? And the amount still to be paid isn't a variable amount, it's one million dollars.

You seem to forget that GST is a start up business, not a business that has been up and running for years. It hasn't given any revenue guidance so far, nor should it until it has atleast some trading experience to guide forecasting.

Lloyd is partially correct in that the pathway we joined with the FCA doesn't necessarily have a defined single outcome. However, one outcome is that companies move straight to the approval process. It remains to be seen if this is the pathway for GST.

As stated before, pls do a little actual research rather than just posting garbage

Kat still with the garbage.

Let's stick to facts

1. There have been two placings in the last year.

2. Two company purchases have completed. One is still being negotiated and one has just been announced.

3. In the last year GS20.exchange has gone fully live, Angra Global is now trading and we are still somewhere on the FCA pathway. Any company working with the FCA is subject to non disclosure

4. The only people expressing angst about the supposedly cloudy revenue picture are people on this board. People who are making up their own figures and then making an issue of them not being confirmed

5. The market cap now is about £12m. How much revenue do you think is required to support a market cap of that size for a start up growth business.

Let's have a bit less incorrect waffle and more of a fact led debate pls

Amazing that people like recalibrate who have clearly lost a fortune elsewhere come on here and try to position themselves as some form of guru.

They aren't.

A quick note to Admin. Price anchoring of the sort being done by Recalibrate is in breach of your terms and conditions. Pls do something about it

Good spot Lee, as I said Kat posts mainly garbage.

Obviously trying to talk the sp down here as he/she tried to talk up SAR a week or so ago

As I said Kat I'm short of time this morning, but to illustrate further, this is what you posted

GST have placed £3,847million in a year

The simple fact is they haven't. They have placed £2.1m. The additional payment for Semnet is due until the end of November and isn't a placing in any event. It is also only for £1m

Enough said, for now atleast

Oh Kat I don't have to time to reply fully just yet but will do later

But just to illustrate the garbage you talk.

We are now in July 2024. So in the last year, ie since July 2023, there have been two placings

Would you care to state how these summate to £3.8m?

Billy thanks

I do the research anyway.

I just want to help keep this a balanced board where people can have a balanced debate. Reading and posting helps me improve my thought processes, so it's time well spent for me as that is how my brain works.

Kat why are you posting such absolute garbage.

The RNS stated all of the conditions around Easysend remain the same, which includes the price. Are you libelling the company again.

The Semnet purchase has completed, we know the absolute cost in pounds. The share payment element isn't due until the back end of November so isn't worth considering or scare mongering about.

Talking of scare mongering, if you have sold out why are you posting incessantly about things you plainly don't understand

wents do you really believe that, if we get a good deal on han****, the sp will only rise into the 30s.

my average is slightly more than yours and i expect to make a decent profit just on a good han**** deal

Kat so much nonsense that it's difficult to know where to start.

Firstly, Easysend has never been positioned as a route into Europe, it is based in the UK FFS. The rationale for purchase was an increased customer base and mobile technology. Nor has Easysend ever been positioned by the business as a prerequisite for FCA stable coins approval. Maybe spend more time reading RNS than posting unfounded opinions.

The sales process for Easysend has been extended to an end date of 30th November, this doesn't mean it will take that long. The RNS explicitly states that all terms of the sale are unchanged so why are you trying to cast doubt on this. Are you libelling the company again?

Why are you discounting the Bonfirepay acquisition. It is exactly the same process as Paypoint. They get the licence and then we are in both Eastern and Western Europe.

So nothing here is conditional. The three pillars of the business are all up and running and all look to be growing in line with the published strategy.

And you still haven't explained what happened with SAR

We know exactly how much Semnet will cost, the sale has already completed.

It's not the only relevant fact tho is it .

If you want to look at facts you could also say I e still up from where it was this time last year.

It's also a fact that the Semnet deal has completed this year, Easysend has progressed and GS20 is fully live. It's also a fact that we now potentially have another route to expand Angra.

Another fact is that only 16m shares traded today, which is tiny on news days for GST. £18k net sells caused a 6% sp fall and a market cap that would now be justfied by £1m revenue

Kat if we are talking predictions, I don't think you replied when I asked about SAR. You were apparently riding it up to 45p from 38p I believe, how did it work out?