RE: Thoughts3 Aug 2025 23:18
Ian, the principle positive here, now, is the destroyed price. it doesn't mean that everyone will be in the black in a few days time, it just means if it drops further then the buys on friday, the more recent holders will suffer the least (but everyone who averaged down will still lose more). IF the sp rises (and it probably will because all the traders who got in on Friday will do what they normally do and ramp it to the high heavens). how high the sp gets, considering the deplorable last 9 months (we're literally at the Oct '24 price and not a billion miles from the cln levels). The difficulty with any prediction is their forward guidance is always vague. if 'significant expansion of the Group's regulated financial services footprint across Europe' translates into actual 9x growth again then evryone will cheer, including me. if it's less then we get a nice rise (but again from the trashed level, so the first 60% will only bring us to just above the 1.20 placing). If Metapay is completed (they haven't released news about regulatory completion, which should be done immediately, not held back until update) then, again, if it translates into the 9x rise folk keep punting, then could easily see it breeze past conservative expectations.
my own concern is if they're not and it's punted into eoy or 2026, as there's only so many times one can average down and so it'll be the case that new holders reap the rewards while lthers sit around waiting for a future date to cover their red.
guess we'll see... but i don't hold with bullish statements after the sp has been suspiciously trashed for the past seven months! it'll be more relief than ecstacy...