Member Info for crowfoot

Does anybody know the relevance of the Pendulum daily transfer volume?

I noticed it spiked yesterday to nearly 10m which is curious as it's generally not above 1m.

GLA

https://pendulum.subscan.io/tools/charts?type=transfer

Anybody that doesn't filter, or replies, or even mentions, is also a sandwich short imo.

GLA

BV - you suggested HNWIs. I just suggested Heights as bondholder could hedge their position in anticipation of conversion at a much lower price.

If so the raise at 70p has scuppered that cunning plan! It's only a different suggestion with equally zero facts to back it up :o)

'Avacta's HNWIs forward selling in my opinion.'

Or Heights Capital hedging their position as bondholder. If so we might get a little squeeze rally :o)

This raise puts Avacta in a far better position than yesterday so a bit silly to view it as a negative.

If it had been at 85p then everybody would be high fiving RH!

GLA

I find him to be about as useful as British Bulls! GLA

Completely agree bobs, it's been a damp squib since the middle of February for one reason or another, some of which we know, obviously lots we don't.

It's always frustrating to watch a share price retrace and stagnate when other stocks are performing where you could have stored some of your pot. I'm hoping it's nothing more than the time lines suggested were best-case scenario and we are still heading towards sustained high volume and cash generation. Without doubt we are in an exciting space and the future of payments and banking is changing exponentially from a system that is completely outdated and over-processed. If we are genuinely the most competitively priced option it's difficult to see why we won't get a small slice of a very very large pie. Each to their own but I'm not personally selling any at this price and once Slater has finished we should start to recover nicely.

Share prices can change dramatically and your price prediction could yet end up on the low side! :o)

GLA

The volume traded through AVCTF is nominal and has never been sufficient to affect the opening price here (yet).

GLA

Looking good for a decent run over the net few weeks.

This sounds promising too:

'We have recently rejected an approach which undervalued the assets in our pipeline and we continue to work proactively with other partners including following up on other incoming approaches with a view to maximising value for shareholders through a licensing deal'.

GLA

Haha B3, just basic Level 2 info. This board is not somewhere I would generally spend time as it's clearly rife with charlatans!

For info there was a 302m bid in the 9am auction at 0.0196 (circa £60k) which was not matched. Tells the real story right now.

GLA

Another 400m gone through in this auction @0.198. They were actually bidding for more so perhaps the end of the placing shares. GLA

There we go. 500m gone through at 0.02. Chunky buy. GLA

Strange that my post was deleted mentioning there was a bid for 538m shares in the auction (£108k).

Some people are weird around here. GLA

@SatoshiPay

We have just tested it - full stablecoin-to-bank ramp in Brazil completed in ~30 seconds. 🤯⚡

This is what internet-speed finance should feel like.

@pendulum_chain

The Pendulum-initiated proposal on

@hydration_net

is now live - and already seeing strong support from the community. ⚡

This proposal is focused on expanding DeFi liquidity infrastructure for FX and stablecoin markets.

Big thanks to everyone participating in OpenGov and supporting the vision.

https://hydration.subsquare.io/referenda/331

Rhubarb

A big positive right now for me is the short term funding is out of the way. If the license lands in the next few days/weeks then there's no need to expect an imminent cash raise. It's only death spiral if a company never meets its objectives. GLA

Interesting read...

https://mqworld.com/these-asian-nations-have-returned-to-coal-for-energy/

Elegance - you are still waiting for someone to say this is a great price!

Difficult for private shareholders to ever like a placing but we were sat at half of NOK 0.87 just 2 months ago and we hit 0.82 yesterday so could have been worse. CEO and CFO now own 10.5% of the company so very healthy skin in the game compared to most. GLA

Agreed s1, first decent volume for a number of weeks showing up on Friday through the Vortex metics and Subscan site. Let’s see what this week brings but all the info suggests we are getting close now. GLA