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In the past news by xxxx date has resulted in a rise and dump on news, this time it is playing out differently, so hopefully a rise on news and no dump, hopefully following on with more good news,
At least we can not get an april fools rns this year!
Having lots of WL happening is no guarantee share price will rise.
Syme could be making 5m a year and we could still be stuck at this sp,nothing is guaranteed here or with any other share.
AZ worried about keeping company running and getting his wages, so if that means more dilution and lower sp then that what will happen.
To raise sp, needs to be high demand for shares,at moment nobody trusts him.
All secretive groups now, not like it was before.
Syme needs new investors, new investors research syme and find there are no open telegram groups, big red flag to many.
As share price slides, people get paranoid about “ detractors” joining their groups and shut up shop, seen it happen in many groups for different shares.
Shame really.
Working on averages about 100k from first banco WL IM.
Now if every IM bought in similar it would not take long to cover costs and actually make a profit if the snowball ever arrived!
Need to speed things up a lot though.
Other banks will be watching this unfold.
Once Banco has rolled this out and is making money, the concept is proved and de risked, expect other banks to follow.
For their first WL 10m is a great number, previous IM’s seemed low but they were proof of concept leading to where we are now.
A very cautious estimate of just 30 customers from each of the 3 banks in italy for these amounts would be pushing 1 billion in WL.
Approx 10m in fees for syme.
Thats just 3 banks in one country.
Do the math as the yanks say.
Any rns from any company can open debates up.
Only point worth mulling over is WL progress within month with banco bpm.
IF that happens then thats huge news, but bet a fiver that rns will be seen as negative by some aswell.
Best part of todays rns.
Witnessing the investor protectors on other forums wasting their whole day making rage posts to convince the gerbils its all still dire.
AZ must be reading them posts quietly chuckling to himself.
Was an rns most people wanted, an update rns.
Keep them coming AZ!