RE: RNS first thing Monday Morning at 7am11 Nov 2023 13:34
The GS20 exchange looks to be running I think a lot will agree. Even if it’s only doing a 24h volume of 50mil then it will be producing more than enough to fund the company and provide a healthy profit on just the exchange on its own. Meaning that it is highly unlikely it will need to raise money in the future. People need to understand that this is just one part of this business. There are other very short term catalysts fast approaching, the already live Angra global which has been onboarding for months now and expect that to be doing very will with its low got transfers. Then there’s the innovation pathway for FCA approval fast approaching which will be another massive catalyst. The news in the very short term imho will wipe out 3p and probably more. Talk all you like about GS20 and what it has done so far, imagine what the SP will be when the other news hits.