RE: 1p short term26 Mar 2022 05:23
indeed dukee, you managed to spell well considering what must have been poured down the gullet, enjoy the hangover fella !!
1p has been a target i've talked about for a few years now.
its a very easy target based on the 2 main protagonist's , Dynasty & Spay
100m for both gives 14m and 28m = £42m
£42m / 5 billion shares = 0.0084
we know the following.
1... no cash required, no rights issue ort placing for the foreseeable future, this is an investment company , funds are needed purely for admin expenses, keeping the lights on. its only when a company does a raise that BLU may need to go back to shareholders to negate dilution , DYnasty will not raise again any time soon, they either sell or will get funds via IPO....... Satoshipay/Pendulum is already funded and if they did further raises would be at greatly higher valuations which provides massive value to BLU in terms of uplift in SP.... would be interesting to get a read on valuation of Satoshipay as of today, but we can only get that via another raise or via IPO.
2... we know there MUST be news on Dynasty very very soon, whether its sale or IPO.
i'm happy at 1p , it buys me a few more houses, i'm guessing it buys you a castle dukee
i've seen some of the new names on here , until i've filtered them, talking about £1 share price, not going to happen , don't waste the bandwidth. 2-3p may be achievable next Year if everythiung lands as we would hope. but for me this would entail Dynasty IPO not a sale and then growing rapidly providing further value and impetus to the price
AND
it would require Pendulum going exactly to plan and Dtransfer massively disrupting the payments scene proving substantial revenue , absolutely probable to my mind.
i reiterate what i stated yesterday, i would prefer a Dynasty sale and Satoshipay IPO, that's where i believe certainty and value lies.
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