The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
agree with ragnaar , mark white is not the problem here.
it was always lew, action should be taken, if it can, to hold him to account for his inaction !!
mark white may well have needed the funds for other issues, its his money, h epropelled the price on the way up, he needed the funds on the way down, thats his business !!
i b;elieve HL buy side may well be resolved very very soon, in which case mr white may well begin hios buy back at bargain basement prices and fair play to him.
no doubt at all, i am disgusted we find ourselves back plumbing the depths, but the only thiung that resolvs this debacle are
1. getting HL buy side back.
2.. certainty.... news that offers the certainty of value, .. a valuation implied or otherwise for satoshipay , Dynasty.
TF knows this and is working on it. we have a realistic chance in 2023 of substantial returns, as we saw from the same base in 2022, its not progress but it is reality
as i said many months back...
"the inexorable fall back to 0.1 continues"
Del Boy really shafted this, its now up to TF to recover it.
at leasyt we know thwere is only a maximum of 36 months left until exit and maybe exirt will happen a great deal sooner should the opportunity arise with Satosjipay anbd Dynasty.
as nic slater stated, and tony gave update in report , NAV now is 0.24...
when Dynasty and Satoshipay break cover and we get a valuation implied or otherwise for both, the share price will be many multiples of this.
cant believe we are back down here, its been a dsastrous 2022 because of lew.
however, now concentrate on the p[ositives of which there are many and await the market "catching on"
atb
blu
don't necessarily agree gazzleberry
a CEO shareholding/ "owners eye" is a prerequisite to investment to my mind.
on this occasion however, TF has skin in the game, he is at least seeing this through to the end , monetization.
Lew was a disaster, he's overseen carnage at the crock that is Guild and sadly here at blue star with his indolent approach.
things get better from now on, as valuations now have to appear on an initial basis, for both Satoshipay and Dynasty, then over next 18 months to 3 years get a final valuation as stake sold or either/both companies IPO.
agree with your thoughts gazzleberry
and yes indeed it does show what an absolute waste of rations klew was...
whomever the peasant was that asked me to stop going on about Lew a while ago, hope you have different thoughts now, as TF has shown how and why shareholders must be kept apprised. something Lew was incapable of.
i am only invested for Satoshipay and Dynasty , and believe they will bring superb rewards with a fair wind.
divest of all the other crap, Guild, NFT etc and write off the "ghost" investments , googly et al !! the company then has sufficient cash to function and we await just what pendulum satoshipay has to provide in Q4, this is when we expect the polkadot parachain if memory serves, this facilitates dtransfer and thus the infrastructure is then complete, we then need a valuation of satoshipay prior to end of this Year and hope that Dynasty too get on with either an IPO or sale, really dont want to have to wait another year for this, but they will do things in their own time, obviously Dynasty business is booming !!!
@gazzleberry
concurr !!
certainly some of the esports "investments" that DL got us involved in , need to be written off, googly et al ...
BLU has only a need to deliver on Satoshipay and Dynasty to get a decent return.... back to 0.6 or thereabouts..
if Pendulum becomes something special , as shareholders indeed hope, then much higher than 0.6
resolve HL debacle, get an investee update out to the market via RNS and we are someway to repairing matters.
a fair post @ragnaar
i'm happy mission accomplished , Lew is gone, he was a Leech who offered nothing for the fees BLU paid.
he's gone , great, end of, lets move forward.
TF being back is excellent, he can at least pick things up where lew left them, a couple of years ago.
he has the relationships already, he knows the finances , the costs the investees and more importantly he can sort out the HL rubbish and get a balanced RNS out to the market of Blue Stars current and future potential. Something Lew seemed either unwilling or incapable !!
await the update !!!
@slugmum
you had an opportunity to divest in january and april.
not close to prices that should have been realised by now, however the opportunity was there.
i am equally as frustrated as you with the current inaction,
the buy signal is when lew goes or a Dynasty / Satoshipay valuation comes
no RNS, no valuation of either dynasty or Satoshipay = no prospect of meaningful share price rise.
no interviews, no front and centre marketing of blue investee prospects by that chap who is ceo = no prospect of meaningful share price rise
substantive RNS = catalyst for share price recovery.
that chap who is CEO stepping down = BUY signal.
sadly the above is what it is, after the meaningful moves of January and April 2022, we now find BLU plumbing the depths once again, we know where the problem lies and await its resolution !!
i explained this many many moons ago with regards HL and nomad.
KID documents , EMT ( European MIIFID template) then they found something else, it would seem HL haver an aversion to buy side BLU.
Vote with your feet, take your account elsewhere !!!
the sad thing is it has STILL not been resolved and thus all BLU shareholders, who may wish to add to their position must now move away from HL, however do take the opportunity to advise the chumps why you are transferring your account.
its an absolutely ridiculous stance they have took, but would seem they are unable or unwilling to listen to reason.
the market now requires, as it always has to be fair.... CERTAINTY...that comes with a valuation for Dynasty or indeed Satoshipay, i care not which, as long as either or happens in 2022.
its been another wasted Year for BLU shareholders for a number of reasons, i would like to see MAJOR changes prior to end of 2022.
@gazzleberry
would agree, feel sure that eduke and nico are less than impressed too. however i believe i am correct in saying that eduke met withy del boy in the last few months, probably got handed some BS , but would imagine he is less than impressed now at the radio silence from Blue star's "ceo" ...
if at all possible we need to find a way to remove del boy, he is worse than useless ..... as the debacle with HL has proven, he has done nothing and has not replied to the majority of shareholders who have sought his "counsel"
sadly, for what looks like a great proposition from an investee and asset perspective (Dynasty & Satoshipay/Pendulum) is being arguably neglected by the BOD, maybe from a retaliation perspective at being humiliated by shareholders, however if del boy had performed better maybe he would have been trusted a little more, no chance of that now though !!!
@acgtrader
wouldn't have stumbled across your message had i been logged in, however i did catch your message to me and offer reply.
be assured your ramblings mean absolutely nothing to me and i would ask that you keep your thoughts on shares other than BLU to the relevant board as it is both tedious and boring that we have to read your dross on another share here on thyer Blue Star Capital board.
for the record i have zero interest in GST.
i trust the above clarifies
HL now have an issue with more documents.
get another account where you can buy BLU without restriction.
drop a line to HL too advising why you have left their platform.
HL not greatest platform anyway but it is the most used.,
try charles stanley, AJbell, saxo, etoro
i would say interactive brokers but they do not trade in BLU stock