Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The issues with an alternate trading facility:
1) Spread will be huge as market will be small
2) Fees likely to be high
3) Broker has to recognise trading platform, if it doesn't you'll have to transfers your holding to some other system of trading your certs and the management fees will be huge.
These shares are dead to me now and they are f'ing useless and pointless.
We have been scammed basically IMHO!
Seems a good company but tech sentiment by investors is cautious atm and there's loads of politics around chips atm as well.
I'm going to sit tight. I've lost enough recently and can't be ****d with fretting about it all anymore.
In 2019 lots of the BoD bought in large amounts at 35p, they need INX to succeed and will be working their tails off to make it happen.
Covid slump affected INX like many other companies and it bit into them but their order book has improved significantly in 2022. If they can boost that order book into revenue quickly enough the 99K operating fund will be sorted, they have also pared their operating costs to the bone so the 99K will stretch further than normal.
2023 will see a long awaited correction in INX's fortune IMHO.
GLA.
I reckon INX could make for an interesting takeover target, it has a lot of IP invested in its software and methods using contemporary and proven strategic theories. Would be perfect for a larger consultancy to buy or even a conglomerate for their own in-house tool-set. GLA holders.
Just posting this for a bit of light relief, not connected to QBT at all but just goes to show it takes all sorts:
The quest to find $181 million in bitcoin buried in a dump https://uk.yahoo.com/finance/news/quest-181-million-bitcoin-buried-071500305.html
I think we are stunned as to why the SP went down when the business seems to be heading in the right direction. Also the company doesn't really say much until interims, full results. They provide an occasional September update. So, not much to say at them moment I guess