Member Info for Crypt

I expect the market to settle (correction)

Some will sell shares on the mistaken assumption they have secured replacements at lower prices.

I expect there could be market to settle once investors know how many ‘cheap’ shares they’ve acquired.

I should imagine they firstly set an arbitrary maximum amount per applicant (say £1000) to give a reasonable number of people a chance to buy in. Then it would be first in, first served.

Applications for SIPP, ISA and Stocks and Shares accounts may have been seen as one application or three separate applications, giving them three bites of the cherry.

Congratulations to all who were successful. GLA 🚀🚀🚀

IMHO, demand for discounted shares will be high and we’ll all get a fraction of what we asked for.

I then expect there could be a rush to use unspent funds on buying on the open market whilst still relatively cheap.

I’m therefore speculating that demand could drive the SP up a bit.

Looking forward to PubCrawls commentary, prose and rockets 🚀 🚀🚀

Do your own speculation and GLA

Monsa - have to be a shareholder to receive the offer. I don't know if it's too late to buy now and receive the offer.

IMHO, you need to average down by buying whilst cheap and do a bit of trading on the spikes. It works for me, but it's your money, your choice.GL

You will offered an amount of shares based on the number already held. There may be a cut off date in the past (meaning it would be based on amount held on a particular date) and if oversubscribed you may only get a percentage of those you agreed to buy.

No - I didn’t go!

No guarantee the retail offer will be less than current sp but always good idea to leave some dry powder to throw at any opportunity.

GLA

Hopefully, your questions will be answered at the AGM.

Any guess is a wild guess. Could be 1p

Absolutely right PubCrawl. There may be more slices but the cake is getting bigger!

Someone’s buying those shares and it could well be them.

I believe sellers regret will follow!

Hopefully, we’ll have clarification tomorrow!

Those ‘sells’ at the end of the day may well have all Ben buys. I know mine was.

But you can buy at a discount right now!

It’s not brutal if you’re buying’

Been here since IPO so I know about being patient. I've also remained optimistic that those rockets will come in the not so distant future.

Who knows what will happen tomorrow but any drop is a buying opportunity with hope it bounces back higher and my fingers and toes will be crossed for a good outcome 🤞

I'm confidently hoping PubCrawl is right and we all end up firing those rockets 🚀🚀🚀🚀🚀

DYOR

PubCrawl is correct. The last time the SP 'tanked' it was followed by a sharp rise earning a lot of people a fair amount of money.

This is AIM and anything can happen regardless of the maths and the technicals.

We just need to keep those rocket engines ticking over ready for lift off. 🚀🚀🚀🚀🚀

This is AIM and anything can happen

DYOR (but don't get hung up on it) and GLA

Tbh, I’m not worried about the price in the short time. If the SP is cheap I’ll buy more. I’m hoping that with cash in place we can move forward and the SP will rise well above current levels.

🚀🚀🚀🚀

I was just pointing out that the retail investor is not guaranteed to get cheaper shares unless they are existing holders.