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I'm not familiar with rights issue so forgive me for asking this,
Do existing shareholders getbnew shares at discounted rates?
I hold half a million shares and like many on here am down heavily as these are at an average of 22p so the question is, how much would I have to put in extra to buy the shares on offer?
Would it be beneficial for the sp to rise before the RI or would that be wishful thinking?
I'm sorry if I come across as unknowlegable as I admit I am on this ussue but would be grateful if someone could enlighten me as I can't sell any at this much of a loss so may as well see what other options there are.
Many thanks in advance.
Just my opinion of course suthy but like you say, the rise did come out of the blue for no apparent reason so I can't think other than fomo there could be any other reason.
I have seen this in another share I hold Blu, rose around 80% for no reason earlier this year, no news dropped just fomo kicked in.
Hope everyone has a good weekend, we are another week closer to news so keep the faith peeps and don't let the mms Rob anyone of your tickets at these ridiculous prices.
ATB
I personally believe yesterday's rise was down to Fomo, I think that investors know that we are getting closer to news and want to be in at these crazy prices and don't want to miss out.
Most of us on here are lth and are not going to sell until we reach a certain individual target, if no one is selling the price has to go up to flush some sellers out , then it goes down for a while then back up when they are sold on.
This will keep happening until this news arrives but at least its holding steady.
ATB
I do hope you got through to them Duke as this is in dire need of some news.
ATB
Williwonti......Great post.
Small steps Addison, just like qbt. It will take time but IMHO will come good.
In my earlier post 1.60p is I believe the bottom, may go slightly lower but I think around that price is the lowest we will go. On poor news last week about results and btc still struggling we still held steady imo.
That's why I believe the only way is up ( can feel a song coming on.)
Keep the faith, probably a little turbulence on the way but buy on the dip and reap the rewards later.
ATB
few not fee lol
RhHh, many are undewater here and I am one of them, my average is 3.2p so 50% down on this investment alone and it doesn't look good when you look at your balance sheet.
A fee weeks ago as you know qbt was trading around 1.5p without any news, the markets in general are very poor, inflation, war, strikes etc etc. What I am trying to say is qbt is now trading at 1.6 with the news about poor results which all lthd knew was going to be poor. Qbt is in experimental stages so income was always going to be poor but look at the fundamentals and what you invested for.
This to me is a very exciting company and I believe I am in at the early stage even though I'm 50% down, once news drops regarding patents, mining btc, being quickest to mine etc then this sp price will be history.
Everyone has reasons to do what's best for them in these situations but IMHO this will come good but everything is a risk in life and everyone has to do what's best in their own interests.
ATB
Also like Steve888 said is great advice.
Have a good weekend everyone, let's hope next week is better.
Well done crypto, ragnarr respect to both of you. Everyone is entitled to an opinion right or wrong and at times it does get heated.
Nice to see its resolved politely.
ATB
Addison, they are the people I am on about, the ones that come on to stir things up and get into arguments and not even invested.
If they see not given air time then they move on and bug other boards. Some of these are paid to do this to try and ramp or deramp the price for their companies benefit. Every board has them, we all know the genuine people and they are brilliant with research and banter and that's what we need, not the idiots that come and go when the sp goes up or down just for them to benefit.
The genuine holders are holding and adding and not selling so these idiots are just not worth it. They won't alter my decisions and I have a target regardless, if it comes to fruition I'm happy, if it doesn't and I lose everything then my loss, my decision and I will lick my wounds and move on.
GLA keep the faith.
22, totally agree, news will only drop when qbt are good and ready. Nothing said on this or any bb as to sp will rocket or sp will sink or news will drop anytime soon will make any difference. News will drop but will do so when it's ready, not when we think it will.
I also agree and I have always said it, this is the best board I read and comment on but it does seem to be getting personal.
All boards get the odd idiot that thinks they know it all and try and get into the heads of the great posters and then it becomes personal and gets silly...not worth it, don't give them air time as it takes two to get into an argument. Can we please get back to the important subject of qbt and make it a great board again.
ATB and GLA....
Addison, if you sign up for vox, they seem pretty good for rns alerts. My one for qbt hit me at 7.05 this morning.
innit can't answer that one.
Well said Garwood1, I'm hoping for a top up tomorrow if it's this price or less. Bigger things to come here, just be patient everyone.
GLA
Well put sash, absolutely spot on.
Nothing has changed, results at this stage were never going to be good, not much in financial incoming at the moment but the end goal will be worth it.
We are all here for the end product and the team are working hard behind d the scenes so keep the faith and be patient.
ATB
Good luck with your target too suthy, I'm sure we will all be happy if it comes to fruition.
Agree suthy, it's going to take time but I think it will hit my target because like you say its unique. I have a lot of confidence in what FG and his team are doing and appreciate its very complex in what they are working on.
It will take patience and time but IMHO will be well worth the wait.
I am going to hold this until my £1.50 target as that's what I believe this will hit and more when we get the news we want. It is really hard to predict but I would be happy with my target as I could retire so fingers crossed. My other investments will then be my spending money whist I'm on a beach somewhere happy days.
ATB