RE: A Chartist's View2 Jun 2023 20:02
'I’m at an absolute loss as to why anyone sold yesterday only to watch and see the Share price shot back up.'
Application will be made for the 71,428,571 Placing Shares to be admitted to trading on AIM with admission expected to occur on or around 6 June 2023.
I imagine those that sold yesterday are expecting the sp to drop down to 1.4p as those placing shares get offloaded before company financials are released later this month ?
The shares could have gone into sticky hands but I suspect there will be further placings to fund the Company’s recently established renewable energy mining project, which involves a completely new approach to zero carbon footprint bitcoin mining, further details of which will be announced by the Company in due course.
Sorry, but I couldn't resist a small pushback post to balance some of the rampy stuff ;-)