Seems to me there's just zero trading in this until market knows whether the cln holders are just waiting to punce and crash the shares or whether Fryer is going to try and delay that result until the road is nearer completion and the sp rises in anticipation (assuming he can do that!).
sp looks to be on a knife edge as to which way the sp goes first, and what happens thereafter.
(personally, i'd like to know just how much the roadworks are costing and whether both placings are being used in full... also, i'm assuming thee would have to be disclosure if Fryer is also part of the clns?)
It's more the fact that there are 'some' who pile on to others who are just '105ers' when everyone is pretty muchdoing the same.
the mountain is that most of the 'opinions' on things like financial cover for stablecoins suddenly, after thousands of posts, becomes apparent that GST don't intend to operate as a bank using fractional cover for their stablecoins... how long did TGAT take to be discussed here!
Can't backtrack now. i think it's what everyone except noobs expected. there isn't ANYONE here who isn't trading the bejeezus out of theis.
just some folk are a bit more honest about their intentions.
trust everyone else will remember this conversation.
WHAAAAT! you saying you're a trader too?!?!
SHOCK, HORROR!
well, that puts paid to all the bs about being lth, along with the other 'long termers' who all do the same thing but pretend to be something else.
And yet we both missed out on a 1.45 spike opp to sell and to buy back in at a 35% discount!
guess that makes both of us ignorant of the chances that slip by.
Well, the current sp doesn't, if that helps...
I think the fact that at least a couple of responses talked about fractional reserves in response to my original post, does prove your point. not quite in the way you think, though...
It's not 'any' singular transaction but all the potential transactions. which means covering all the stablecoins that would be issued. not sure how you can say it's already covered... 'just needs scaling up' is doing a lot of heavy lifting. means very litle until there's proof that the 'scaling up' is proven. every company could say it 'just needs scaling up' to become profitable.
daresay results will be the proof of it, either way or at least give folk a better timeline for likelihood of stablecoin approval?
,,, and i guess that shuts down the discussions here, at least, until there's some nows about the 'potentially' acquisition!
Thanks, Jiffy.
just shows there's still a way to go... hence the acquisitons (plural). suspect the rises folk are looking for will be spikes on potential rather than imminent neobank status.
funny how all this info only materialises once folk start wondering about the struggle for the sp to keep moving forward!
Even bonds need to be coveredy by cash. you can't have deposits covered by bonds which are covered by deposits!
a lot was made of the fact that Revolut were significantly bigger company so weren't a fair comparison to GST. But maybe that's why their sablecoin will have an easier time to be approved?
If bonds are the solution then it's for GST to state it, not a retail investor. i haven't found a statement from GST that makes that claim.
The only logic that counters it is why would GST seek approval without the backing for it... and i don't have an answer for that!
You're such a suck up! i'm guessing you're here due to the bragging of certain individuals and general rampiness more than anything else.
just remember, folk post stuff while buying and.or selling, without saying. be your own counsel.
and good luck!
Were some big retail buyson the recent drop. i imagine they're covering themselves by selling at a tiny profit or small loss, just in case thee's more in store?
those 'tightly held cards' do nothing for sentiment!
...seems to be going in the wrong direction!
I'll respond, merely to repeat your headline.
you have a good weekend, too.
And here comes the point where people look for a conspiracy to explain how they managed to buy at a higher price than is currently showing.
yes, 'we' are a boiler room of several perople, working for a nefarious cabal who want to buy out GST at sub 1p.
I take any personal judgements as a sign of the frustration that the sp has done the opposite of general opinions and so look to deflect and #blame' third parties.
either suck it up and 'go for a walk' or take some kind of remedial action. but 'blaming' a poster or criticising does, what, exactly?
Well, dr, i've already said i hold just over a million shares so the drop in price, merely to add a few more means my main shares are losing out! so, no, i'm not worried. and if the price DOES drop then i'll see if i can add... but, as i said, just bommentary. noone seems to mind commenatires that talk about £10 per share in the year 3000... not sure why observations on the price over a few days matters if everyone is confident of 5, 10, 50 or 100p?
but maybe others would like a cheap entry?
And the point is, like all supports, that it might breach. the pressure if downward, until either a very confident new buyer comes in and buys significantly or sellers get bored and...
The running commentary is for the same reason everyone keeps looking at the bb and the share price! if your advice holds then why is anyone looking at the bb and the sp!