Member Info for Hexam

That was your posting history but doesn’t prove you actually had those shares. Sorry just don’t believe you would be spending so much time on an obscure bulletin board if you’d made so much money.

Still, it doesn’t matter because you say you don’t care who believes you…

“All underpinned by a leaner company and reduced debt Are you saying there is no improvement here?”

Which begs the question as to why their underlying FCF outlook for 2026 is not much of an improvement, if at all, compared to 2025.

“think about how sad that is”

no, what i think is sad is someone claiming to have many millions spending their time trying to get people to buy shares as if they are flogging a piece of cheap tat at the market rather than enjoying the fruits of their success sipping ****tails on a desert island or whatever else rocks their boat.

sorry, simply not credible.

At that point Miker I think everybody has probably stopped believing you.

“Kevin the write off, cost of lay offs and fine capita received are over with”

They may be but what about the next set of one-offs? One of problems with Capita is that the underlying numbers never become the actual numbers as there always seems to be another big ‘one-off’ around the corner - usually negative (but not always).

Miker, you’re sounding a bit desperate and like a used car salesman with all the capital letters and promises of riches.

It still boils down to whether it works or not. The shipping of a rig and sharing of code just indicates that one manufacturer at least is happy to try and find out which is encouraging but no more.

If QBT do manage to get as far as testing it AND those tests validate their claims then the sort of valuations you are shouting about are very possible. You may be confident but clearly not a lot of others in market are so perhaps dial back the sales pitch a bit?

“To misrepresent operational costs as one offs - is probably a serious issue for capita and the auditors.”

Not really as auditors are primarily interested in the statutory numbers, not the adjustments to them for any alternative presentation of the figures.

"What sp price do they calculate in a Successful Case Scenario.”

10p

Key assumptions:

It works.

BTC - $70k

Method is used on equivalent of 10% of all chips.

They get an equivalent of 10% of the additional benefit of running the chip (though will be as a licence fee not % extra BTC mined).

Expenses small (around 10% revenue)

P/E ratio 20

AWL - I don’t know what ‘weight’ a PRN carries compared to an RNS so I couldn’t answer your question earlier, I had only replied to Mikey’s question which I could answer.

He seems to have ignored my answer though as he is talking about PRN ‘s being released as well as RNS’s but my point was that ALL the development information is ONLY released in PRN, there is no ‘as well as’ about it.

It’s also odd that he suggests it keeps being brought up (when it isn’t) but he himself brings it up after the brief conversation had already seemingly finished.

I personally don’t care that they release all their development information as PRN’s as I think however they release it that it is all hogwash anyway but I’ll guess we’ll soon find out either way with the expectation that has now been set - in ‘weeks’.

Sorry, but I don’t post on boards where I’m not invested so I’ll be long gone.

Yes, you could sell your shares to get some money but I’m afraid if you wait too long it may not be enough to buy a round with.

That’s ok, it would probably be better for me instead to simply filter you rather than risk being brought down to your level - but your nonsense is just too amusing so I’ll take my chances 🙂

In the meantime I look forward to all this supposed buying pressure leading to the inevitable increase in SP so that I can make my escape.

Must admit I must have an IQ as low as Phinx’s as I think you are talking a load of garbled nonsense too miker.

Also if there is so much buying pressure why are the MMs not lifting the sp to attract sellers? They can have mine for 0.6p.

“For clarity it is damned obvious this share is being played by a boiler room crew”

For clarity it is not obvious at all. The number of trades on this stock is pitiful and there is just not enough value in this stock to make it worthwhile any organisation shorting it let alone setting up or using a ‘boiler room’ for it.

The shorts are long gone from here, they’ve made their money but they are still a convenient scapegoat for the low sp along with all the other tired myths you regularly see on these boards (MMs holding it back, tree shakes etc.).

The situation is much more simple and real world. The sp is very low because this company in all it’s forms (and for most of that time with FG at the helm) has failed to deliver on its promises, any meaningful revenue or anything else substantial for over 20 years and in its latest incarnation (QBT) has seen so many false dawn that most of the market is just too sceptical now of anything it says.

This time might just be different but at the moment the market doesn’t seem to believe it.

“If they had any sense they would buy back in.”

I presume you’re not including me in this as I have 400k shares. Not a lot but enough to make me a small fortune if by some miracle they manage to pull it off - I just don’t think they will and instead am just hoping for one last, decent spike to escape on before the roof caves in.

I thought you were a half-decent positive poster compared to some on here but sadly it seems you’re just yet another of the paranoid rampers urging people to invest whilst imaging people are sitting in ‘boiler rooms’ wasting their time on a stock of so little value and such little interest that nobody in their right mind would think of shorting and probably nobody is. There are no shorts above 0.5% which mean the maximum value of any short is £35,000. Just not worth any effort from a major organisation and I doubt there are any shorts at all now other than individual spread betters perhaps.

None of the information in any recent PRN or indeed on any of the current developments has previously appeared in an RNS.

The last RNS was over 18 months ago and that simply posted the results of an AGM.

“The simple question readers should ask is:

Did the information appear in an RNS?”

And the simple answer is No.

You are funny Percy.

As SCB suggests though I don’t think the company will do anything with your supposed ‘dossier’ as any action might shed too much light on their own behaviour as well as all the dodgy numbers that don’t add up.

PS what on Earth is ‘liable content’?

“There’s a lot of unwarranted negativity on this board, which I’m happy to ignore.”

Personally I would say that there is a lot of unwarranted positivity on this board (which I’m happy to ignore) given all the previous failures to deliver on any promises - but each to their own.

This time MAY be different given that they say a rig is actually being delivered so at last something tangible, but only the next 6 weeks or so will show if this is really the real deal at last or just a tease for yet another placing that will just end up being that - another unfulfilled tease.

“Avocet, what’s to stop them negotiating a percentage wage of surplus bitcoin mined as a result of their methods”

Two things. One, they are talking to ASICS manufacturers NOT miners. That kind of deal would only make sense if it was with miners who would be benefiting from the extra BTC.

Secondly even if they were dealing with miners how would they know what exactly was the extra being mined each month? They would have a rough idea but with any improvement likely to be only around 10% the impact will be one if many that affects production each month so it won’t stand out that clearly.

You are of course entitled to your view and if you think the ‘rest of the business is flying’ and the market can be safely ignored then that is your prerogative and your money to win or lose.

I think the market is right though to consider this report very disappointing, and I’ve already given my reasons, so personally I’ve finally reached the point of having had enough of listening to the same old rhetoric from BOTH JL and AH and yet the results, and forecasts, never back it up. It’s not as if AH took over only yesterday.

So I’m out assuming the price does rebound a bit or if it doesn’t I will just cut and run soon anyway but by all means keep the faith - maybe you will be rewarded eventually and I hope for your sake that you are.