Member Info for london_balling

Sadly he's just legally not allowed to say anything about the placement until those shares have been printed on Thursday morning..... can't see there being an RNS about anything else too. Yet.

Are they buying them from Core? Does it say they are new? Might be a sign that Core are reducing operations?!

Another 3m.... done an hour before opening in the US... almost feels like sabotage! Those SH are actually devaluing the rest of their holding and ours too at the moment

This was something else spitfire. 550k today, 5m last Friday, 1.5m lady Wednesday if memory serves.... none of this helps build a share price is my point

They’d probably be churned by 9am... my only point is it never helps. A couple of clear days with no extra warrant shares would be very welcome.

Of course there were actually 550k new shares issued this morning too.. can’t have helped the SP either

Added in the comments!!!

Please never say this again ;)

The difficulty increases every two weeks or so... ten days ago was a 10.8% difficulty jump. Not all that big.

Won’t happen for 119 years mate. Wouldn’t worry.

Hard to say this far out mate. Should know more at 2pm. At the moment they are facing a 10% drop on opening but hopefully that won’t be the case later.

It needn’t be 30 days anymore.... that’s only the $4 bid price. A $2 close plus $50m in tangible assets seems to be the stipulation for the Capital Market listing.

And yes only way we’re looking at $25 SP is if we have a consolidation I think.

In fairness the US markets have had access to it for less than 20 trading days and after an explosive opening it’s been falling for more than half that time.

I would agree there too. They definitely value future production more than we seem to here.

They closed at equivalent of £1.07 on Friday.... i we could somehow claw our way past that to give them a bit of momentum to start it could be a really good day!

The savvy ones will, but like here there are plenty of disillusioned traders and people who got spiked at $1.90 two weeks ago. All I’m saying is that they haven’t had the chance to sell yet so don’t be surprised if plenty do so on opening.

Still think a lot will sell in protest at the placing... they’ve seen a near 20% share dilution in the first 4 weeks and the trust levels appear to be waning. There are others who are very bullish too of course but don’t forget they will gap down on opening, possibly by a lot.

I get the sentiment but I’m happy for him to do whatever he deems necessary for the company to grow and to take advantage of the next 6-8 months of bitcoin bullishness in particular.

Plenty of time for stability when bullrun is over, not that a crypto stock is ever likely to be the most stable and solid looking bet. It’s all about timing this right, which he has done pretty much perfectly so far.

... explaining the placing, will be released later this week, after the new shares have printed, PW confirmed on twitter overnight. Presumably Friday then.

Who did? They must be smart it opened at 1.00 exactly

Or you could say there were 3 times as many buys as sells, the 4 million was a buy not a sale and the share price was artificially suppressed. That said I’d expect it to open about 90p unless bitcoin fires off one way or another...