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I'm heavily invested here but I'm losing hope.
Trying to stay positive is getting harder by the week.
From what I can find, we've just paid £320k for 51% of a company that was only registered in 2020, has revenues of £24k and only 1 employee. Board member changes just a few days ago....to what end???
I'm hoping this is part of a master plan and we are to be enlightened in the near future, if not serious misconduct is at play.
Whatever the reason for the high volume on Friday, looks to have tempted a lot of the weaker holders into selling along with a host of new buyers. Should be looking for good support now and steady rise into news.
The derampers went quiet Friday when they realised their BS wasn't having any effect, I'm sure they will be back if they get time before news lands. Patience is the key!
Sterling at a 12 month high as COVID passports look to open up the tourism sector.
Any slice of this pie will be transformational .
https://uk.finance.yahoo.com/news/pound-sterling-euro-12month-high-holiday-coronavirus-lockdown-vaccine-passoport-boe-105203733.html
I think most people have explained what this debate was and wasn't about very clearly underneath. If you expected a vote on vaccine passports today then you haven't done any research whatsoever.
The reason they all seemed "against" the vaccine passports is because they were debating the petition which was raised and signed by people who have concerns about the idea (290,000 out of 66million+ people). The MP's were representing the people who have concerns. The government review has only just started and the comments made will be noted during that official review. The main concerns being ethics/practicality/data protection/necessity etc.
A lot of people seem to have the idea that this is purely a decision for the government and that its make or break for CTEA dependant on their decision. As highlighted during the debate, this simply isn't the case. Private companies, airlines and other governments can and have made their own choice for proof of vaccine requirements. Saga holidays and international airlines are already saying you will need to prove you are vaccinated before you can travel. The requirements will increase daily by different companies requiring proof of vaccination, for both domestic and international situations. As quite rightly mentioned, the government will only be able to control this requirement for UK border crossing.
If you want to travel or go to an event where the organiser requires proof of vaccination then that's all there is to it. And I'm sure insurance companies will be jumping on board with this as we speak, all your medical background is up for debate when it comes to travel insurance, so why would covid be any different. Who out there will be travelling without being vaccinated knowing they will be paying a premium for such things as insurance because they didn't want the vaccine???
As far as data protection goes, you can't really beat a GDPR compliant Blockchain technology. Most of the MP's concerns around this were due to large corporations having masses of personal data being a threat, or the government being in control of this ??. CTEA are in existence to solve this very problem.
The opportunities lie with providing solutions for thousands of companies domestically and internationally, not just one possible scheme with the government.
I think I'm rambling now....
GLA
Do some research at least haha
Outstanding RNS with some serious prospects.
As usual though, lots of sells occurring on a good RNS, although the majority are small amounts.
I got in Monday and I'm in for the long haul, SP just keeps steadily increasing.
Not pump and dump like most stocks, sustainable increase here, only just started.
GLA
Haha, 10 bag, only if there a plenty of you delusional folk out there!
Unless the virus disappears rapidly or we get a vaccine DISH and lots of restaurants won't survive, here's why:-
If restaurants do survive, they will be low on funds. Due to social distancing rules (which are here for a long time), restaurants will be limited to probably 50% capacity at best, long term. This means they will have less potential revenue and with the lower capacity the restaurant will be booked up with ease (supply & demand).
1. Restaurants will not be able to offer 25%/50% because reduced capacity will have a massive impact on their margins.
2. Restaurants won't have spare seats they need to fill, because demand will be higher than supply.
Restaurants in Australia were allowed to reopen last month with very limited capacity, if they over book they get shut down. A restaurant in Sydney that can cater for 800 was limited to 20 tables! They were fully booked straight away, do you think they could afford to offer discounts or were willing to because of demand?
If the current situation continues, restaurants already signed up will fall off a cliff and new sign ups will be the odd failing restaurant before they go under.
There is currently zero yield to manage, and going forward there will be significantly less.
Keep on ramping though, some idiots will believe you and stick their hard earned cash in.
0.25p!
Quite a few sellers happy at 1.3p area, steady 30% profit in a couple of hours for the day traders or early sellers.
May miss out on further rises later today, should go again when this batch of sellers are out.
I'm here for the multibag, way undervalued and still oversold.
Has the sustainable rebound finally started?
I'm sure everyone else here is a bit relieved this morning, although it was always nailed on I was worried around the 1p level.
Glad I topped up yesterday, showed strong support around 1p and now it's anybody guess on the uptake. Hopefully a Santa Rally all the way until Xmas!
********** web address in front of the "/media"
Not sure if people have posted this already.
Very interesting analysis of the TRX chart by Nicola Duke and Justin Waite.
33mins 38sec in.
****************************/media/5dd3dcef906f7c001bea5ff5/
I would be happy if her analysis on the bounce potential is correct (or anywhere near for that matter!)
Why do people keep referring to shorters??? There are no substantial short position on EUA from what I can see.
"The shorters will be screwed when this booms"
Do people just make this crap up or am I missing something???
One last effort to make it work, or at least before another big fund raise next year.
Cash burn confirmed as more substantial than earlier reports.
Management have no clue, just riding it out until it dies, taking all the investors money with them.
I'm out on the spike if anyone is blind enough to put money in this morning.
If your thinking of selling just remember 1 thing.
A Palladium asset of 1.6m Oz sold 2 weeks ago for £590m.
EUA have 15m Oz with a potential of 40m Oz or more, just from one asset!
And your tempted to sell when the mkt cap is sub 100m????
NI - Your calling the "top" after only 3hrs of the market being open?? Let's see what happens after the Proactive interview this afternoon.
I won't rub it in when it rockets through 4p, honest.
9.3p start.
Gotta break back above 10p today.
Anybody's guess
German bank predicts BTC price of $90,000 in 2020!
https://blockonomi-com.cdn.ampproject.org/v/s/blockonomi.com/german-bank-bitcoin-prediction-90k/amp/?amp_js_v=a2&_gsa=1&usqp=mq331AQCKAE%3D#aoh=15705172981163&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fblockonomi.com%2Fgerman-bank-bitcoin-prediction-90k%2F
Now that would lead to a rediculous profit margin, fingers and toes crossed that one becomes reality, this company would go stratospheric!
Embarrassing yet again.
Losing confidence by the day, back down below 3p?
As far as I can see this is holding steady now at the current SP, building for the bounce in next week or so. Won't be long until show time now
Ready for a big bounce imo.
Well oversold, double figures again this week.