George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
A GUI for an app that is being used by the general public is not a small detail. Its a massive part of the apps user experience. The user needs to like the GUI or they will stop using the app.
I'd hate to be working with you on rolling out an app isf that's what your experience has taught you.
The fire door contract for 50k was signed in Jan 2019. 1.5 years ago. If they were going to make extra revenue off it, it would have happened by now. Yes. There is £3m or whatever potential. At what point of a product life cycle do you have to admit you're not going to hit that potential?
"Facebook paid $1 Billion for Instagram
Waze – Acquired by Google for $1.3 Billion
Whatsapp – Acquired by Facebook for $19 Billion
Candy Crush by King – Acquired by Activision for $5.9 Billion
Viber – Acquired in 2014 for $900 million and increased market share since."
Oh come on. Every single one of those products had millions of active users before being bought out. CTEA's products have 0.
An app that seems to perform same function as COVI-ID and another POC beinging in no money. No substance to either. Just razamataz, disguising the fact that there has still been no sales.
I have no doubt that the SP will rise on the back of this as the muppets eat it right up.
"So all the talks of "big news coming" are purely speculative... no ones actually waiting on the results of an arrangement meeting or anything?"
Correct. Even when a company (CTEA or any other) says they'll do something by a certain date, there's no guarantee they hit that date. Then, in my experience, a lot of investors get nervous as they think there's an issue or they just don't want to be invested in a company who can't hit timescales they set. This often leads to the SP dropping because people sell.
"When is news, good or bad, due to present itself, or could someone point me at a source for this news then I can watch for myself.
Thanks"
No-one knows. If anyone tells you they know, they're lying. The only dates anyone in the public will have is when they relase finincial results.
Zengah said 10p by end of play yesterday and it finished around 6p. He said 20p by end of play today and it looks to be finishing in the 6-8p range. If you're going to call out one, you should call out the other.
You mean those apps that are free to use and have a market of anyone in the whole world who has a smartphone/computer? Those ones?
They made an £800k loss last even though they brought in £1.25m by doing placings. So that's £2m loss without the placing money. Even if they had 100% of that market (which they never will) then they'd still only have made £2m
Yep. It's like football teams. Each one has their share of idiots trying to cause trouble. I'm big on company history and CTEA has a terrible trend of spiking then dropping back down when their product comes to nothing.
Good luck either way.
I agree. You probably shouldn't be investing if that is your strategy but when you're green you make some silly errors. And I don't like to see these fraudsters making money in this way either. They're probably rich enough already.
Stop speaking sense. They have 5 trillion in the bank and every company in the world wants to order this app. I see no-one has answered my questions about how they think the company is worth a £20m+ market cap.
Someone just claimed the Higgs are rich old people when they have no clue who they are. I don't think I'm ready for the internet as I just can't be doing with all the lies.
I despise stocks being ramped on nothing. It means some people new to the market will possibly get caught in and lose lots of money when they buy-in on a spike. I've been there myself quite a few years ago. Listened to these fraudsters like the posters mentioned below that a stock is going to do multiples with no justification at all. I bought into it and thought they were genuine. A few weeks later the stock had dropped like a stone.
I saw the last pump and dump with this stock in April (which no-one seems to be mentioning) just before the placing and can see it happening again. If one person reads my post and thinks "should I jump in on this spike or should I wait a week and see how it looks" then I'll be happy as it may have saved them some money.
I have no position in this stock either way.
And so they should. I've been reporting them.
I'm not sure how these 3 are still allowed to post, seeing as their posts have been deemed to be worthy of deletion.
Zengah - Constantly just posts that this is going to the moon. 10p yesterday he said. Nope. Now it's 20p today and so on
Tedjames - Started the apple rumor and then claimed never to have done so
jonesrichard - another one that just posts amazingly high prices without any justification.
I wouldn't be surprised if some of these accounts were actually the same person.
Everyone is saying DYOR or telling anyone who dares to suggest there is no future in this stock that they need to do their research. Well, I'm listening. Tell me what research you've done.
Where do these 20p+ valuations come from?
How much is the product going to sell for and what is the pricing model?
Will it be capex or opex based?
If you don't know this then how on earth can you make a call on how valuable the company is.
What is the market for a product like this?
If your answer is 'Global' (which seems to be Zengah's standard response, every 10mins, just in case you missed his last rampy post) then that tells me that you're just gambling here. Can you imagine going on dragons den and when they asked you what the market is for your product, just saying the word Global. I can see the value as a risky ST trade if you bought this stock at 2-3p as you could argue that it's already at the bottom and you've not got much to lose. I don't think that is the bottom in the long term but that's just my personal opinion.
It's neither NIST 800-171 or FISMA approved so I doubt they could be selling it in the USA to any government bodies or large organisations that have to comply to these standards.
Piloted on a company with 26 users. I wonder how many billions of times those 26 people used the app. Unless they work at google or amazon or a huge tech company, I doubt they have as much experience as running customer facing apps and their backend database at a massive scale, as I do.
Mate. I work in this sector. I know what I'm talking about. Why don't you tell me how a system designed for blockchain transactions can be adapted to use an app backed by a database. What database tech is it using? You don't know. You're sharing what you think sounds good. I'm not derampring. Unlike you trying to spread fake apple takeover rumors.
Do you know that blockchain transactions and database transactions (probably via an API call from an app) are completely different? This app won't be able to do that volume.
Post reported. Fake rumors of an Apple buyout
There is no T/O. Notice how those posts have all been removed from yesterday. This is because LSE know it's market abuse to start false rumors to bump up the SP.