Jiffy, you DO talk rubbish...24 Nov 2024 00:03
If i were semnet sellers, i would have wanted the $1million in shares at as low a price as possible and you would have thought they'd have the clout to have got that done. if the price was going to be at 1.4p then why not just issue them at that price, at a premium months ago and stopped the dip in the first place!
it wasn't trolling, it was an assumption that twice the number of shares would have been issued. i still don't get why they would have agreed to such a punt as to say 'whatever the price is in 9months time, except for the NASDAQ IPO.
as an aside, i find it interesting that GST's stake in the IPO is valued at eactly the price of the last contract... yet, as stated, there's still been no explanation of how that sum is divided between services and third party equipment. nor, i suspect will there be... that's fine but it was entirely logical to suspect there was going to be a lot of shares issued weeks ago... and, tbh, it's still the ame issue with Easysend. noone has a clue as to what valuation is being put on Easysend, nor whether it'll be a cahs or cash/shares deal, like Semnet... except it won't be spun off.
i would draw your attention to TEK, though... while different assets, TEK has launched several IPOs that have had varying degrees of success. if you want to look at the chart for $LUCY you'll see it's just as precarious as UK markets for ramps, peaks and crashes. the road is still a long one and still going to be one where there will be trading opps.
just holding is fine... but don't think there won't be opps to sell the spikes and see the sp fall back... 'course, the inverse is always true but, util the race is finished, there's always going to be time to get back in the race and ride it to the next hurdle...