Member Info for ma5k

Welcome back - hope you had a thoroughly wicked time away! :-)

We're due the Final Results (Year to 31/12/17) by end of June and that should include a trading update, hopefully including any progress with LS. I'm not raising my hopes too much at this stage as we still don't know if it's commercially viable & I'm guessing if it was as outstanding as we all originally hoped then there would have been some serious interest straight away. Be interesting to see what comes of this (if we don't all die of boredom first!!) GLA

Hi MP Thanks again for SOU - did a quick trade from mid 30s to just under 39 & out now! IRR is sitting right on the daily ma50 and could bounce but I reckon if it does it will be limited by the top of the well-established descending channel which now re-entered is still in force imho... Even if you consider there was a trend reversal from the low of 11th April it will likely fall to the bottom of the anticipated new ascending channel, however I don't think a reversal likely in which case a further fall to 23p seems inevitable. Should that happen then it will be a fairly crucial level to hold in order to prevent sub-20s and even as low as mid-teens by Autumn. Personally I wouldn't be looking to enter at this point but will continue to watch with interest... http://tellas.co.uk/Charts/IRR_18-05-22.jpg That's the potential downside, but def worth taking note of Fix's more upbeat interpretation too! GL

This site shows the history of mcap for US stocks Pecten https://ycharts.com/companies/AAPL/market_cap Wouldn't surprise me if there's an LSE equiv?

Not sure it will make it into 90s MP... http://tellas.co.uk/Charts/WHI_18-05-20.jpg

"Goldbloc is built using the most recent release of the Bitcoin source code ensuring that it is amongst the most stable cryptocurrencies in current circulation" http://therealasset.co.uk/faqs/goldbloc-faqs-2/

Hi MP Haven't had a chance to look at WHI yet but thanks for the heads up! :-) Traded WSG successfully a few times in the past - if it drops to 10 it will likely revisit the previous bottom (a little below 9p) imo... thought it would do this on the recent Iran rns crash but not sure it will do now unless the deal fails (in which case a new lower low could be on the cards!)... Can see a good recovery if the deal goes ahead (which I suspect it will!) Have a good w/end :-)

Hi Fix Traded this when it was Saffron (SRON) a couple of times & got burned - every time it looked like it had bottomed & would reverse it went lower still!... Very wary of any stock that is new these days as insufficient data for reliable TA But GL if you decide to go for it! :-)

You're never alone Pointy! :-)

Agreed MP! :-)

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MTFB&ArticleCode=684e1ssb&ArticleHeadline=Proposed_Placing_to_raise_approximately_10m

Could be getting close to a bounce with significant upside potential... http://tellas.co.uk/Charts/SOU_18-05-16.jpg However weekly suggests further to fall (& perhaps significantly!)?... http://tellas.co.uk/Charts/SOU_Weekly.jpg

Hi MP Agree - could be getting close to a bounce with significant upside potential... http://tellas.co.uk/Charts/SOU_18-05-16.jpg However weekly suggests further to fall (& perhaps significantly!)?... http://tellas.co.uk/Charts/SOU_Weekly.jpg Thanks for flagging it up & GL :-)

Re-formats all the following text on the entire page! (bad practice anyway & don't want to mess up LSE!)

Can't use HTML in message but leaving an underline tag 'open' in the subject continues into the main body of text... this one's got bold & italic to see if they work!

in the pink I see IH! :-)

woody2002 >> "I think storage will be the biggest source of income. The ability to spend will be a bonus for bigger investors" Surely the ability to spend is the main feature that differentiates it from Goldbloc v1.0 which failed to take off or bring in sufficient revenue from storage to even be profitable???

The statistical average spend on a debit card is a little over �5k/yr On that basis 20k users would be roughly �100m total transactions with �1m fees (1%) Obviously this would be gross income and their would be operational costs.

The recent takeover of TRAC gives a clear indication of the anticipated future value of Goldbloc CP has said he sees Goldbloc as their primary revenue stream and stated that the aim is for 20k users in the first year... Assuming they achieve this and each user spends the statistical average for a debit card. and they take the stated 1% transaction charge. this should bring gross revenue of just over �1m, so obviously the �3m valuation takes into account future potential. The �3m valuation works out as 0.592p/share (post dilution)

Yeah, I only intend using it sparingly! :-)