The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Intraday RNS as well, most will not have clocked on. would be great to finally close above 1.5p (though should have breached this already) on the daily as that sets up the technicals really well.
"The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken."
DONT GIVE A CRAP ABOUT 4.2% DILUTION.
REVENUE, REVENUE, REVENUE is what matters
Following the Company's soft launch of its GS20 Exchange in November 2022, the soft launch has been successful and the development of the GS20 Exchange has progressed in accordance with GST's expectations, with a wider roll-out now being undertaken. There has been a progressive build-up of signed-up users, and the Company are greatly encouraged by the market traction the GS20 Exchange is enjoying. The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken.
Following the Company's soft launch of its GS20 Exchange in November 2022, the soft launch has been successful and the development of the GS20 Exchange has progressed in accordance with GST's expectations, with a wider roll-out now being undertaken. There has been a progressive build-up of signed-up users, and the Company are greatly encouraged by the market traction the GS20 Exchange is enjoying. The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken.
After the first few hours, no one believed those volumes, as I have repeatedly stated, the website figures are best to take.
Lets start talking in mcap
currently £29m = 0.98 x earnings. Taking most conservative earnings I can find which is their website.
Standard valuations are minimum 8 x earnings. Crypto related companies are usually trading at 15-20 earnings, lets use 8.
£240m mcap it should head towards fairly quickly based on 8.
Using 16 = £480m (If valuing forward 12 months, as they'd expect to increase earnings as more jurisdictions come online).
THIS IS THE GROUND FLOOR. UPSIDE HUGE, DOWNSIDE MINIMAL
bloomy, you are an idiot. my valuations arent based on that sp in a day, they are in a few days or weeks. you wouldnt understand because you dont even know what mcap is or p/e. so your stupidity only allows ******** and moaning about other posters.