Member Info for leew

Enki, yes spread has been quite small today but for the majority of time buys and sells where above the mid. I am not It saying it’s bad but it’s just what it is.

Zageygpt, with GST I would not predict anything other than it will be higher than 2p in the future lol.

Enki, if that’s the brought / sold volume using the LSE simple algorithm it will be so wrong it’s not worth looking at.

The displayed spread is hiding a lot compared to actual spread, more so than most other shares I am involved with for some reason.

I have a few green boxed so no idea who wrote that but the standard algorithm will show it like that due to the spreads being used / never representative of what’s actually happening.

Bfd, all I can say is I am not sure I have ever seen a share where the spread is used such a large amount to make buys / sells so confusing to work out unless you study all the trades.

The ranking can be important as there are metrics behind it such as volumes, inflow, outflow etc and if you have the data and position it makes value calculation easier as there is a peer group to compare against so to suggest it does not tie in with monetary value is not 100% correct.

However that said currently the ranking is false given there is no volume data or any other data from what I can see so it’s a nonsense ranking that makes no sense at all.

Yes I have a solid opinion on that.

I have never heard such a poorly constructed load of nonsense in a while and i use LSE BB a lot so that’s a high accolade.

Audavid1, from my understand the official communication from the company on revenue, any figures, and / or volume will be in official reporting periods only.

The emphasis on Semnet from me is the listing process has declared a value on Semnet and therefore in my mark cap calcs I can assign a value to it for GST

Does anyone yet know how we can see bake activity, I know calcs are different to GST in terms of rev calculation but interested to track it’s activity or are we waiting for if being on places like coincodex?

Someone has to provide and answer to a question first and once you have the starting point it’s easier for others to prove / disprove, so you got everyone to the right place by starting it off.

Thanks

Enki, can you post a link to where the 24hr volume is shown, my link to the coincodex is still not showing live data. Thanks

The very first easysend delay told us everything.

I know BFD and myself mentioned we don’t think it would happen as the way it was worded back then basically said.

Look Due diligence has thrown up some operational issues we don’t like, but we are going to give them a chance to see what they can do but really we don’t like it.

If the discussion and attitude of this board would be like the last few messages it would be a great place and we would all learn something on the way.

For instance I don’t trade I wait and build positions, which I have been doing in GGP simultaneously, but equally I am not stupid and can see that if you can time trades correctly it can be great and if I could do it I would use it to build a position quicker.

Once info for the exchanges is available on exchange platforms I think the activity will shock a few and exchanges are valued significantly and it will be easy to see where the GST exchanges sit in the pecking order.

If we take the value of Semnet to GST as circa £29m based on what the company helping list it, have valued it at, and then take that away from the market cap now.

The market is valuing GS20, Bake, and Agra at wait for it, circa £8.5m. Yes that is 2 crypto exchanges and a foreign exchange business for that amount of money.

The figures in July will be important, but even they won’t carry large GS20 or any Bake figures but the public information will show people the value of them way before the value comes out in figures hence assuming this moves on figures is not the only way this moves for sure.

Don’t worry about QBT, they are at an expo soon lol.

Nucky, most people with a lot of shares have averages below 1p, and the SP has risen alot in 6 months from the lows and if investing day to day +\- XXk is not a concern.

I love the way it’s always about rampers and dampers.

It never is, it’s about investors and traders. Traders seem no value in a company either way and predominantly use LSE for understanding where sentiment sits.

Investors generally buy in to a company and have time for the SP to move with company progress.

That said most investors are significantly up anyway as took investments before any revenue increase RNA’s, before debt was nearly cleared, before Semnet was being set up to list, and before the business brought Cake/Bake.

Arguments happened at 0.5-1.0p, now at 1.5-2.2p and later on it will be 3-3.5p and so on.

Investors

Enki, Sement is nearly worth the market cap alone. 2 functioning crypto exchanges for £32m market cap is a joke. The easiest investment to hold on swings up or down I have ever owned.

If it had gone up 50% this morning I would not be anywhere near selling.

GST is about time and that is all.

Enki, it will be after the QBT expo as on that board attending an expo to see if they can even generate any revenue was seen as a success.