Member Info for leew

Enki, yes for sure, all I can see is the sudden increase in flow so I could speculate why but in reality the important figure is the exchange is holding more assets

Yes just number 49 / 50 is certainly possible short term, with just another similar up tick in assets, mid 40s requires another jump and then beyond that further jumps.

Valuation of exchanges is interesting, if BAKE revert back to what it was 3 years ago the market cap of BAKe alone is 10’s of multiples of GSTs price. I invested for GST having their exchange on the london stock market, to then acquire BAKE late last year was unbelievable.

Morning,

BAKE.IO has moved up a few places in exchanges this morning with about $750k of inflow this morning.

We now have $500k more in assets that the one I mentioned days ago which is listed at 150m market cap, on Norwegian market.

So GST is worth 5 times less than said exchange, when just BAKE is a bigger exchange as of this morning, weird world we live in, when it’s undervalued, find them, and buy them is my strategy.

Good luck all

Why do I need faith Nucky, I believe it’s undervalued hence happy to be invested and add more when it makes sense, today made sense.

It’s called being confident in your investment and understanding what you feel is the right entry and exit point.

Today changed nothing for me as it was a nothing burger, but if that changed other peoples views that’s their choice.

Let’s see if the SP ever goes above my purchase prices today to see if it was a decent point to add to my holding.

Nucky, yes good news today, even thought GST was down 10% my portfolio was up and I managed to buy some more GST by skimming some off the top of some winners. Not huge amounts in share QTY but got near enough another 1m so when the worm turns the portfolio will benefit

The BOD are not suing each other!!!!

The only way it affects listing from my point of view is if the result affects the balance sheet (it seems to) and therefore affects the accounts and therefore they would not be submitted for an IPO process while it’s resolved.

Luckily you know very little about what you’re talking about Chaebol other than googling what an arbitration process actually is and applying a broad brush assumption on what it means.

Here is one for you, I was involved with a process once that was a contractual dispute on a contract and it was resolved very very quickly.

Let the process play out and in the meantime the value of Semnet is still the value of Semnet. Listing or no listing as I have said many times the key was understanding what Semnet was valued at and we know that still today.

Every bit of news GST drops is taken completely on its own and many forget GST is not a 1 trick pony.

The exchange(s) are worth multiples more the current market cap, Semnet value is the the market cap give or take, Angra (who knows but more than zero) plus the rest…….

In a week or so the company will likely show YoY growth and hopefully provide a positive statement about how the recent Half year has started.

Investing is like life these days you either have to love all the news, or hate the company. It’s why so many make no money, as most of the time the answers in the middle.

Would anyone want to see the RNA this morning by choice - certainly no, does it actually have much impact - no.

If GST was over valued it would have dropped a lot more, but when something is undervalued you are protected on the downside. Mention of 0.5p by some fool this morning is comedy gold.

Giggs, possibly as they submit accounts when admitting to NASDAQ so GST might have suggested the profit in the accounts should look better and that started the contract discussions. Either way if it goes in GST favour the results for Semnet (not GST directly) look better or they stay as they are I would assume, with more DD applied to future years I would guess :)

Is anyone using BAKE now?

I have trialled it now that SEPA is available as moving quick in crypto is important if you see an opportunity and I must say it all works well and I actually had an issue with my transfer of small funds, caused by my own stupidity, and the help function via the site and then via email has been prompt and in 2 days resolved my mistake for me and given I transferred it wrong they have even waived the fees for me.

Top customer service from them, for a puddly amount of money, so I will now consider withdrawing from crypto.com into BAKE as it has the assets I want apart from 1 so will no doubt use both.

Not me, but I took some more to push me over in to the next Xm bracket, and if it stays here early next week I will grab a few more as some other opps should push on early next week which I then exit. Just £3.5k for me today but that will be worth more in days

We own a crypto exchange which is the 56th biggest in the world. The one at 55th is valued at circa 150m, and BAKE about 30% smaller so if you apply that metric BAKE on its own is valued at multiples of our market cap.

A contract dispute is not unusual especially when the dispute is about demonstrating more profit is due 😂

No it won’t affect results we know GST cash position at end of March already.

This is a dispute on GST seeming to believe sement should have more profit not less

Interesting, seems GST think something has gone on that meant the owners did not act in the companies best interest and think there is an opportunity for more profit on the Semnet side. No point speculating on that one as it would be how longs a piece of string lol.

Sunnyside, ironically almost to the $ the ratio between the 24hr volume of the 2 comparisons is the same as the ratio between the exchange 1 place above BAKE so using that data BAKE is worth circa $100m + so that once again shows the disconnect 👍

If GST grows as it should Billy, there will be many liquidity events to sell shares into, I suspect if these financials are showing growth and have some good wording used for the start of the Half year we are now in then the year end interims will be a good place to start prior to end of 25/25 tax year.

Well since I wanted a 100m day to potentially finish the SP churn, we have not had that volume in total so still some overhang churn IMO.

GEO is one of them that can be traded but also with the right news and progress longer term it could do a GGP on a discovery. I only have about £5k in it but if it did a GGP I would retire on the £5k investment lol.

There are loads of good opportunities to trade and make decent money at the moment, my portfolio is up really well this year (40%) and that with GST rock bottom so if that moves it affects my portfolio a lot so fingers crossed for a good H2.

Sorry for cross talking, if it’s any consequence it’s not a ramp as I would not buy in to any of them companies at todays price, as I got in earlier so happy lol.

AMS, I did not as went into GEO and TRP around the same time as they are resource plays I trade and they hit the lower limits around the same time as you mentioned it so I went with what I knew, hoping for a little more and then I will be out 👍

Every board is the same, those making money are happy those losing money or not, and then even with losing money category, if they are well researched and believe in the investment that are not desperate.

To be honest the best approach today is from select64, in the fact its best to disappear and come back on results.

That’s your incorrect takeaway from the discussion.

First AD was green binned, no2 follows