RE: CASH RESERVES26 Jun 2025 23:54
I hope they buy in the coming days (or even see an rns in the morning) but my fear is they won't until after the update as it'll show their hand as far as how much cash they actually have... alternately, if they don't buy more than 10 then, as they're not exactly giving as far as info is concerned, we'll be left wondering if that's all they had in the coffers, barring a bit for emergencies?
i can't see them placing for it at such a distressed price and they've never exactly looked like a company who could get premium funding out but, if they can hook some HNWI's for a couple of £mill and buy 20 then at least it'll put a floor on the sp.
you have to say, though, for a company supposedly steeped in crypto they have shown very few moves to make the case for them having a creative vision... more like a workmanlike effort with few shortcuts to becoming a player in the market.
maybe it's different in hong kong, but none of them are names in this area... in fact, hosp has a bigger rep than they do and i suspect that more to do with what he had rather than what he has...
still, rns in the morning, eh!