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I can see where you're coming from, Thursday I was thinking they were starting the buy back, with the tiny sells below the ask.
Yesterday, I'm not so sure but I've not seen all the trades .
I won't be taking the gamble either but I'm watching to see if I'm right.
What you thinking?
Old, it's been working for 4 years.
It's call share price manipulation
There's also a difference in price in both ,
I was just about to say that.
Interestingly, it's not the trades that I expected to be cancelled (the buys)
It's the guge sells
I also notice this morning we had a flurry of tiny under priced sells, which is the opposite of what we've had last few month.
Almost as if they're trying to drop it more to buy back bigger amounts cheaper
That'll tell us if they're now in buying back mode.
Though some of them are definitely not buys at 0.025
Keep a note of then and see if any of the buys get reported cancelled tomorrow or day after
Az is the major shareholder, by a long way.
And we are not on AIM.
And who are you anyway .. weird how some people only turn up on big drops
Yeah, couldn't care less about his English, which is better than some on here.
But he does make stuff up..
"we have multiple funders"
"True sale is bullet proof"
I think I misunderstood your point divvyup
😅
Nobody takes any notice of the announcements because AZ is unreliable.
And everybody can see the selling increases every time news is given.
All the company ever does is talk about its plans.
It's the lack of delivering those plans and buying a business using CLNs and having no revenue and the constant selling that's put the sp where it is.
I'm not interested in what they plan on doing. That's all we've heard for 4 years.
I want to know when it's done or why its not done.
What's the point of telling us the plan if they have a record of not delivering it.
Remember the presentation?
WL rolled out across multiple regions in 2024 , but we were going to WL in 2023..
#Does, not dies
For all my negatives, I do think he's trying to get this WL done , I just think he's trading to get the money together to do it. And I think that's how he was supposed to buy a bank and why it never came to be.
Time will tell on both if he gets it across the line and more importantly if it snowballs and does so quick enough to cover running cost and then make profit.
If it dies the SP will go up.
But we all said the same about traditional IM and we've done Jack all since, that hadn't snowballed and seemingly takes so long to happen it's not even viable.
"Don't you mean billion"
No
"the dedicated Stock Company will fund the WL Transaction through a combination of the secured ?8.5million bank debt from BBPM and ?1.5million of equity investment from the CH Trading Hub;"
But half a billion is what itl take in WL IMs to cover
years cash burn
Ita not overlooked, but I suspect its the 1.5m we're waiting on.
Well I've been watching it 4 years and previously it was sell sell sell and then buy buy buy. With small trades used to hold I up when selling and down when buying.
Least that's how it looked.
It's a common technique, which is illegal but can't really be proven, but can only be pulled off by those with major holdings.
Lately, I Don't see any buying back, least not for the last 3-4month.
And given TAG owes money and has financial responsibilities and happens to be a huge stake holder. Then it would make logical sense.
Also CH trading hub is basically an anonymous fund in which somebody could easily wash their money and if they haven't managed to fill the subscription with their own investors then could just as easy be filled with TAG money or AZ money or both, to meet the required fund to satisfy the terms of the WL agreement.
Of course I could be wrong and you could be right.
But if someone wanted to transfer funds , they could do it outside of the market for zero cost and fees and without bringing down the SP.
I do think this is AZ or TAG trying to scrape the 1.5m to put toward the WL deal.
Just a theory though. Can't see who else could be selling for this long