Member Info for Globex

Yes but the RNSs imply it's now a just a formality and if rules apply also when it's deemed to be imminent. What I'm getting at here is what's the betting on this winding up as a pre-pack being bought by related parties. Assuming admin with liability wipeout whoever acquires operating co is laughing.

That's very odd GB, strict rules against trading insolvently so something not quite adding up here.

I'm keeping the faith too mate, despite everything key thing is we're still relatively early in the cycle. Everything still feels pent up and ready to go.

Miner market caps are always a bit of a dark art but imo newness of hardware is being factored in much more now, especially as cheap electricity of last bull is no more. Rigs become effectively obsolete on account of weaker energy efficiency on a scarily fast timetable. Cifr and Clsk are benefiting from having expanded so aggressively this year, I like them both. At the other end of the scale of course we have Argo's creaky old rigs.

Yeah posted about the JPM report at the time, also believe they gave Cifr some credibility just by deeming them significant enough to rate, albeit neutrally, when off most traders' radars.

Imo the dollar link is much more tangential. Nasdaq totally agree, what gives theory weight is this unusual phase since August of the decoupling of tech stocks and btc, when traditionally both tended to move in tandem. Could be just a blip rather than new paradigm.

It's a true riddle mate. What I'm especially grappling with is that momentum shift in August, you could almost pinpoint the date. We know btc retraced around that time, not much dramatically than normal, but for miners it appeared to mark this new phase where they broke the umbilical chord.

What did the market suddenly see differently at that time? Halving always signalled years in advance so it can't be market just noticed one day revenues would be halved soon. Anyway market is wrong that's my take and if needs be I'm going down with this ship.

The fall yesterday was very inorganic without any bounces, as usual nothing to do with a MM conspiracy some always try to claim on here, but instead we now know the sellers simply knew this was going to happen in advance. Crooked board gave them a heads up.

It's true over last few weeks tended to be case even if bitcoin up, if Nasdaq down = miners down. If both down like today = down squared.

The cast of weird and wonderful characters making all sorts of claims keep coming. Good comedy on the Audioboom board if nothing else. Absolute horsesh.t you managed £200bn, so far in excess of any UK fund it's absolutely laughable.

Also Mara is down a bit less than Riot 🥳 desperate times calls for taking those wins where we can

Equity in the operating companies is likely toast but at just £443k market cap we're into attractive cash shell territory. This now must be lowest market cap stock on LSE, glimmer of hope if the advisors make the effort to extract it.

It's not so much share ownership or not, bigger issue is quality of posts. Plenty of those who have shares will just mindlessly ramp low effort posts constantly. When you get the likes of EarlofAim turn up it's gameover for any reasonable discussion, absolute board killer.

It's hero or zero time. Now it's close to £0.5m market cap there's only so much further it can really fall price wise, it's a binary outcome of either suspension/admin or not. Brave pills required either way.

*c.o.a.r.s.e language. Forum filter way too sensitive.

they also seem way too aggressive to fit the profile of your regular mum, but then i'm reminded of the co**** language she used when attacking a financial journalist, then you remember we're not really talking about your typical family here.

I couldn't really advise what they should or shouldn't do, but it's not necessarily a straight loss yet with the shares still trading they can still get something back simply by selling, albeit at a loss. If it goes to administration that would mean shareholder wipeout. I can say that as investments go right now it's as risky as they come.

Checking those figs again ~£5m was from IIs, in total they banked £6.1 million cash from that exercise.

They raised £5m two months ago, the lower figure you're looking at was as at September last year

There is one hope for shareholders here. As they're talking about offloading the underlying operating companies it could potentially leave the shell. It's only AIM so not as valuable as main market so nothing to get too excited about.

That scenario happening requires both their brokers to be clever about it and that the subsidiary companies are at least sold for breakeven or neutral enterprise value - as in not leaving any creditor deficit.

This is now one of those stocks that's not so much an investment more a game of russian roulette

Actually Moulding was gifted it as part of pre IPO deal. https://www.theguardian.com/business/2022/jan/11/matthew-moulding-the-curious-case-of-thg-founders-property-deals