Member Info for leew

Crg, just filter it’s easier.

I only see half the conversation most of the time.

As you suggest the reality is mostly always in the middle and saying the same thing more or the loudest does not make it right.

The only fact I can bring today is I can only sell 2.6m in 1 go and only buy 1.1m in one go.

So we survived the 2 days when the SP end game was coming into play lol, where we were going to be in the 0.2’s before they flipped to the buy side.

So I see yesterday and today has had bugger all volume and since opening at 0.35 with the MiCA news we are now 30% up from that, which is not a shock as current market cap is covered up cash, assets, and BTC but to some it seemed they feel a company should be valued at 50% of its asset / Cash value when news on a single license on a single of its pillars is announced, weird notion but if you take your shirt too far I guess you need to try and provide a logical narrative.

@nero you sum up the opportunities for SP progression well, where we could all debate and question the impact of each driver, but they are positive drivers for GST

Well poor news, but was luckily by my computer so sold my modest holdings at 0.145 and above, which meant I was actually in small profit so I will take that.

If oil news breaks or a new drilling plan is confirmed this will react accordingly so good luck to all and hope no one put too much in as this is the nature of explorers. Had it been good news the SP would have gone in to orbit so always a good risk reward play.

Confident of 0.3’s?

On the day of the MiCA news it opened in the 0.3’s and no one was selling and you could not buy any if you tried in any volume as a lot of people tried, I started at asking for 8m in the 0.3’s and ended up with 125k at 0.4!!!

If that’s what a bad news day brings you at this level then good luck.

When a market cap gets around the asset / cash value it’s where longer term investors are willing to put cash in as the value is clear.

A better one on the 29th though to pivot to Poland and provide the time to reapply in Q1 to LT. Not complicated when you look at all info released.

So we have moved from MiCA license and BAKE closing due to not being able to trade and as that was factually incorrect and proved to be wrong we have moved onto making up additional cash burn to show we run out of money quicker lol.

Considering it’s the weekend and we are all told to wait for the final plan, the resident shorter (confirmed by him not my assumption) seems awfully keen to make up some new narrative, which is odd considering we are apparently the ones in trouble 😂

Mean while on planet earth, where no one is panicking I wonder what next week will bring.

Yes hopist, it’s almost as if what GST and BAKE told everyone was factually correct, the pivot to the polish acquisition was unexpected but has ensured operational continuity in the short term while the MiCA is dealt with h1 this year, as they have already said that’s what they are doing.

Well if you are going to be all out (you said you were shorting) then you will be effectively buying probably the reason I can get a quote to buy 1m but not 2m. Also why I can sell my complete trading account in 1 go and the bid on smaller QTYs is rising.

Unless you get any extra negative RNAs this is as good as it gets and if we get a good RNA it will be higher.

Good luck, as I say I don’t like anyone losing money regardless of anything.

Sandgrounded, almost the opposite is my view. We are basically getting 66% of Semnet for nothing due to some contract breach. I would assume Semnet is 100% GST’s soon.

Semnet was originally purchased as an internal tool to support the internal security of the systems, so it’s been doing that job for a while now and will

Continue to be used for that purpose.

Sandgrounded, early Jan would not be the 2nd Jan based on the obvious notion that if the terms of a settlement are known (as written in the interims) then it’s a legal contract being drawn up and that is not happening in the holidays. Let’s see early Jan, mid Jan, late Jan is almost irrelevant, but they do need to hit some of their timing aspirations at some stage. However when legals are involved not sure I would ever suggest a time line based on my previous experience lol.

Billy, I think Semnet is ultimately worth more to GST than is currently realised so looking forward to what it can do when outside of this process.

Angra is the real large elephant in the room, but equally GS20/BAKE can be so time will tell.

Anyway here is to a better more progressive 2026.

Thanks for reminding us of the good Semnet news we are due as set out in the interims.

A mediation hearing was held in early December 2025 and a formal settlement agreement between the Sellers and the Company is expected to be entered into in late December 2025 or early January 2026. It is currently expected by the GST Board that this will see the return to the Company US$800,000 of cash consideration, the 58,844,713 consideration shares issued to the Sellers and a payment in Singapore Dollars equating to approximately US$300,000 to cover the Company's operational costs. Further updates will be announced as appropriate.

I wonder if the good news will spring board Semnets

Progress again.

For all the people questioning what happens to BAKE services and products going forward go ask BAKE support. As allows the responses are fast.

I won’t spoil it but the answer is very clear that no products or services offered will differ, and no customer impact.

Which is exactly what the RNA says

I won’t comment any more on this aspect as it’s 3 official sources (1 being a legal RNA) that all say the same thing so I will believe that over what’s posted on a BB.

Well back to only getting a quote to buy 500k but can sell much more than that on one go above the bid.

Tell you want to make it easier I will just go by the official RNA and BAKE update, where I assume they know more than me and the rest of the BB. Currently that means uninterrupted services.

But evening forgetting that GST is significantly more than just BAKE and at these prices we are around asset value and have a decent % of the market cap in cash so it’s undervalued either way.

Semnet due end of dec / early jan as well so that’s a positive to look forward to and may other aspects.

Bad news out of the way, so onward it goes.

Chaebol, why so you keep missing the key bit of information that enables BAKE to say uninterrupted services? Begins with with N and has a MiCA license should give you a start.

Put that in your AI engine and ask it if that means BAKE can still operate in the EU, like it says it can.

Lol, fantasy land.

Chaebol, you need to keep up with your stories.

Firstly you said you only had 800k shares left

Then you had 2 shorts for 500k

And now you exited millions lol.

Well I tried to buy in QTY and no hope, but they wanted all my shares at 0.392p.lets see if I get what I have asked for using the limit method.

Billy, I don’t suspect there will be, I expect people to be desperate to close out some trades on one side (not huge volume) and I suspect people will want to switch to the buy side quickly. Lets see it will be fun anyway.

Lol, in the 0.3’s the company has a market cap less than its assets (including cash) in the 0.3’s it becomes an investment no brainer.

If you wanted you entry point you got it, so let’s see the volatility the first hour brings