Member Info for Globex

We don't know their plans yet but their business is involved in equity at all levels, including IPOs. Putting two and two together this shell has potential to be an extremely cost effective fast track effective IPO for whoever can obtain controlling stake.

Loved Cathie in 2021 she was an icon, but all went a bit t*ts up from 2022 onwards though. imo she's still right on calling $1m+ btc in 2030s but wrong on Musk who is an overrated man child.

The crazy gang will have their fun today, always happens with big leaps like this but what really matters is market cap. We're currently at £330k for a cash shell funded for 3 months. The single day percentage move doesn't tell whole story of where this could go, yesterday it was priced for windown and delist.

Today was a gamechanger and it's in a new phase now with a bit of time to allow dust to settle and most importantly TR1s for early indicators of where this goes from here.

One thing with this share, because it fell so dramatically there is not much in the way of upward resistance, arguably until 1.5p which it hit when it originally fell over.

Not to overdo the victory lap but looking at numbers those of us who voted really made the difference here. For key resolution #3 there were 10.6m against. We can assume PH were at least 5.3m of that - but I'm sure most of remaining 4m or so are on this board.

The board have really had it handed it to them, if they have any shame they should exit sharpish and hand over reins to a competent ethical team who make a true effort to find a RTO target. Enter Peel Hunt?!

Happy days, well done to all who kept the faith. Peel Hunt played a blinder

Hopefully this firm isn't cutting a trojan horse deal to obtain IP unofficially, sadly pretty commonplace. I'm sure Nanoco will be more alive to risk than most, but should the worst happen again they could forget trying to clawback over those borders, at least Samsung were answerable to a Western court.

Massive pressure on management to deliver in H2 now after reneging on no dilution. Missing that neutral cash flow projection would be third strike and shareholders would then be quite justified be calling for a head on a spike

Who can forget when Arthur Scargill led talks with Satoshi over pay and conditions, was a difficult time you couldn't get a bitcoin mined for love nor money.

Richie's thought provoking analysis is funny on two levels, for being nonsense but also for being misdirected as a case against argo, given pretty much all posters here are bearish on it anyway

Incidentally the assumption here arguably is they will lose this case given precedent, from shareholder point of view damages awarded the thing to watch. If I recall correctly they set aside ~£40m.

Cash position is the real elephant in the room here, with nothing concrete to go on there's uncertainty on how long they are funded for.

Barring any dramatic upward btc movement best to assume a raise will be necessary, the debt isn't going away and without new hardware the difficulty increases will be progressively reducing their output and therefore their ability to pay it.

Interim accounts have a 3 month deadline, cut off here was 30/11/22, now publication of those necessary before suspension could be lifted. 28/04 RNS says they will come "shortly after" full year accounts.

At least he managed a post without any conspiracy theories or attacks on journalists, progress of sorts. I expect he won't be deterred from spending time on social media regardless of market view, seems he needs the attention, gives the linkedin bootlicker commenters some crumbs to keep them going anyway.

Administration rather than liquidation would force more scrutiny on directors but the good news is even with liquidation there are strong regs against wrongdoing.

https://www.gov.uk/government/publications/insolvent-company-investigations/insolvent-company-investigations-what-we-do

Scheduled to last 6-7 weeks so will be late June before concluding.

This title is key after sales of last year's being below expectations. After the mixed feedback last time expect they will have taken that into account during development for improvement. If reviews are favourable then sales will naturally follow, good potential catalyst.

Agree win4call, this has hallmarks of going beyond being an issue of scheduling. At times there's been a bit of a misconception here that BDO collectively decided they wanted a bit of a lie in or somehow couldn't be bothered to finish on time. I can understand why that idea has been attractive, it's comfier to cope with the idea auditors are at fault.

Ragtrade thanks for those insights. Suppliers are so often the canary in the coalmine with retailers, when they start making noises a good leading indicator.