The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
How lovely.. this girl’s Father bought a Lopez NFT to have a lesson and gave it to his daughter who idolises Lopez. I have changed my mind: I would by an NFT if that gave me a lesson with one of the “best” … this is a whole new perspective. Gives you direct access to the player.
As for your upsetting personal comment about “growing a pair”… I found that to be hurtful and not called for especially as I have 11 G‘Children and another on the way - not bad for a Barnardo’s Boy. I must have touched a nerve and apologies if I have offended you. Admin should not allow comments like that to be published.
Https://www.linkedin.com/pulse/why-nft-projects-fail-rinor-restelica/
I hope MoS is going to prove the market wrong and that they aren’t just spending our Placing money until the product or the cash totally runs out. Perhaps they will consider if the NFT marketplace isn’t the place to be anymore and have a found a positive sustainable cash flow product (even if it isn’t going to set the share price through the roof). Please BoD give us some hope with a positive soundly based RNS to help your stakeholders and shareholders have faith in the future; until then this share price and the future looks very bleak indeed.
Article doesn’t bode well for NFT market and hope that MoS I sent involved with Philippe Blatter or his cronies. Apart from the valuation fall of NFT by 90% ; the problem seems to be the lack of real “fan interaction” product attached to the NFT. A insightful article that helps us understand the day-to-day problems that MoS management must be experiencing.
SilverSprings:: you are quite right in your comment as the most basic question is “ to ask the BoD”. The problem us that there are no RNS of significant transactions; the Company doesn’t have any news and the BoD/Epstein will hide behind AIM Regulation about imparting (bad trading)information to “insiders”. People like “Messr. Guzzler and others” are just asking authors on this site to back up what seems to be spurious and ill-founded statements and/or opinions about the health of MoS. If authors are “talking it up” with innuendo comments such as “it’s going to boom very soon”… we ask that they enlighten us all as to why you come to that opinion; when facts seem to contradict such hopeful statements. Don’t get me wrong :: everyone who owns MoS shares wants MoS to be a FTSE 1000 constituent… but they also want to know how the company is faring and hoping, in the absence of any BoD RNS, that these “hopeful” statements can be corroborated with either direct or indirect facts.
Whatever the discount I can’t see anyone subscribing to a Placing at any price. The hope value is lost. Regrettably, the BoD have issued shares to NFT clients who haven’t given meaningful product. Too many shares have been issued for another product & new management to take control. I ask the question :: at what price would you subscribe to a Placing with the current management continuing?
It’s not the name on the shareholder account. Rules, many years ago, were drafted to ensure that friends, mates and muckers couldn’t buy shares that would, when the company was bid for, suddenly had 50.01%. Acting in concert has to be declared as one (associated) shareholding. So, to be absolutely clear.. I could ask friends to each buy 5m shares. When the aggregate amount of shares reaches a certain level as a % of the issued share capital, that triggers an announcement such as TR1. It also triggers other things such as if the aggregate holding exceeds 30% then you have to make a bid for the rest of the issued share capital at the highest price you have paid for any one share during the past 12 months. It’s just clicking the issue about buying for your 2 years old and asking mates to buy shares on your behalf or in their own right (this may be looked at as insider Dealing).
What seems to be pertinent from the Cadiz NFT contract is that there is no contractural or financial obligation for Cadiz to provide product at any time during the length of the contract. If that’s the case and this “terms of business” applies to all MoS agreements - then where is there any certainty of cash flow or sales?
Most normal Companies with a share price free-falling into Hades would have issued some reassuring statement for their investors; shareholders; staff; suppliers; clients; bankers and stakeholders; unless there is nothing they can say that would give comfort or assurance.
Morning Guz. Perhaps I can help / 68 yo with H’cap of 9 and hold the record for more Holes-in-One on the 19th than anyone on the Circuit. Can you arrange for NFT’s to be sold - I offer bu**er all, but a great session at the bar. Have a great w/e:: off the Ferndown & Remedy Oaks for a boys w/e and leave the BOD in their mankinies on Cadiz harbour.
“What do you think they are working on, on a day to day basis…”. Best question so far: what are they doing on a day to day basis? Planning next multi £ product; next jolly; trying to convince people to buy NFT’s as a good investment; Placing to fund personal pension funds??? Answers on a postcard::