Member Info for katstrangler

I was hoping GST were going to announce they bought the BTC dip, as i don't understand a policy of 'from time to time', and was hoping to see an rns stating as much but...

would also be happy to see them mention ETH instead/as well as BTC but i can't agree that there's any specific benefit to them holding clients' crypto, beyond charges. they certainly don't benefit from a rise beyond maybe encouraging trading. but that's not what their raise was for... that £2million is specfically for buying crypto to store cash. but i don't believe they trade them directly... if they tweet about buying one bitcoin then either someone was drunk or didn't get the 'close to the chest' memo.

they damaged the sp with that fundraise... i would expect them to announce any meaningful purchases, in the same way they 'should' announce the failure of acquisitions that they have raised funds on...which they have done several times. while i don't expect them to return the fundraise (!) i would/do hate that they just absorb it into 'progressing the company'. disingenuous...

I was hoping GST were going to announce they bought the BTC dip, as i don't understand a policy of 'from time to time', and was hoping to see an rns stating as much but...

would also be happy to see them mention ETH instead/as well as BTC but i can't agree that there's any specific benefit to them holding clients' crypto, beyond charges. they certainly don't benefit from a rise beyond maybe encouraging trading. but that's not what their raise was for... that £2million is specfically for buying crypto to store cash. but i don't believe they trade them directly... if they tweet about buying one bitcoin then either someone was drunk or didn't get the 'close to the chest' memo.

they damaged the sp with that fundraise... i would expect them to announce any meaningful purchases, in the same way they 'should' announce the failure of acquisitions that they have raised funds on...which they have done several times. while i don't expect them to return the fundraise (!) i hate that they just absorb it into 'progressing the company'. disingenuous...

You COULD posit an argument that, whatever the results, there will be a sell off of the shares bought over the past 12months. whether it's from a 20% rise or a 20% drop, the average for most of the last 12month is about 35p so there are a lot of shares in profit. now it could be that they're all held by lthers but a proportion of them WILL get sold.

it's great that the wider world are 'into' hydrogen but broad brushstrokes don't really have an effect on the sp as the macro is far more important. and the fact that the sp rose near 20% just on a broker's review shows how volatile a share can be.

personally, was hoping it'd get and hold mid 70s before news but shows how optimistic i was!

i'd like to see the trolling get stuffed by a price rise but i'll be watching from the sidelines and cheering folk on, having sold up today.

gla.

But aren't you talking about the assets of clients, held by GST but not owned by GST, as opposed to treasury funds specficially held by the company as an alt to treasury shares or cash (as holding our own shares has been useless, as we've all found, to our cost)?

Https://uk.investing.com/news/stock-market-news/180-life-sciences-stock-soars-after-revealing-massive-eth-holdings-93CH-4214995

The problem is that, when the Bixby claim of $1billion dollas' company, potential, most of the brokers seemed to be happy to take trades. something then spooked them.

also, for a $1billion' projection, 0.1p seemed very, very, (VERY) cheap to be authentic?

but we'll see... outside of those 0.1s i imagine most will have averages of closer to 2.5-3.5p (consolidated price) so noone's going to want to take that hit. but i notice that even the McNulty's of the ramping world, having (presumably) sold and moved on are now quiet about this 'game-cahnging' share. did the same with #AVCT, citing it as a cancer-busting £xbillion dollar company with possible £umpteen sp. now it sits at 46p and he occasionally protects his image by 'head-scratching' at the current sp.

god knows how these folk get the followings they do but... there it is!

Imagine it's more someone who had then at 2ish and has been selling relentlessly from the spike and is happy to take the much smaller profits now and move, considering the near bagging they must have made for the majority of their holding...

still, be good to see them all out. that said, haven't seen any NAVs on this news... esp. as it's all months away...

Don't be silly... i mean further to that... otherwise it keeps sliding.

More likely to hit that level for sellers but with the spread, getting close to the current 2.8.

outside of a ramping crew, it's going to need some further news to put some meat on teh bones and make the case for a 5p price.

without it it'll just wallow.

Ian, you're being wound up by folk who see it differently.

personally, i think the company is a bit of a crock... but it's one of those issues where you swallow the ramps, see the spikes and just hope the sp will do the same again, whatever the prospects.

but the BoD are shhiiii..... and treat the shareholders like they're jehovah's witnesses knocking on their front door, and them being buddhists!

personally, as i can't do much about the sp atm, i just look forward to seeing what news IS delivered and, if it's bad then there's the race for the exit. if it's good then there's the race for the exit at a higher price and i'll put the money into a share which has less shady operations.

until then you just have to discuss without getting angry... otherwise you're ripe for being wound up further.

While it'd be nice for Bixby to resolve these issues, the fact he's had plenty of time to at least make some statement about acknowledging the fact, either during the AGM or since, and to say he's ensuring the appropriate designation for the share are in process and will be resolved, with a timeline, allowing for brokers to then reconsider their issues with it.

personally, i don't mind the sp dropping, as it means the 0.1p holders haven't been able to screw retailers as much as they did... and the closer the sp gets to their price the more level the playing field is for all potential investors.

Rather than question why others post, maybe consider your own reasons and whether, in the light of the current trading, your post has validity?

it's not the reasoning of the comments, more their legitimacy.

Billy, we get the Perseid meteor shower once in a while, too! : )

Ian, zero point in getting worked up about the accounts. you can't make it go faster by being upset by it.

just hope they put out some rns' while it's suspended that will indicate the closing price isn't justified and was a bargain from anyone who bought then.

You clearly ARE invested (and spiked) so why are you pumping? is that not market manipulation?

maybe look at the market manipulation that pushed the sp into the 5s and pulled you in!

Pretty much guarantee that anyone who thinks this is a bargain got spiked and just hopes that they can persuade others to buy so they might get out, eventually!

can't see anyone with 1p shares calling it a bargain when the other option is to sell!

Even if i could, not sure i'd be buying this until Bixby proves he knows what he's doing, besides profiting from retailers.

Would suggest a buyer interested in getting in and wanting it cheap and would revive herd mentality and get the 'this is worth 5p all day long'.

if it just hits that level slowly through erosion then, not so much!

One has to wonder whether one of the revised broker's target isn't just greasing the trades so a client can max their profits before results?

disappointing that it just can't hold 65 before falling again.

Legalwolf, so you're saying it's got to get to 2p before it 'goes up'? but that IS 'going up.!

so it's got to rise by 30% before it goes up???

when was the last time the share saw a 30% rise?