Member Info for ma5k

As things stand, the idea that this will re-list on the main market seems ridiculous. Even an AIM listing is more than a mountain to climb.
Recently they've prioritised putting their energy into an online forum that is so little used one has to ask how they will attract new interest with a Crowdfund... is this even credible?
In six years Goldbloc v1 attracted only a few hundred users in total and, based on performance to date, Tally is on target for little better.
They talk big but have yet to deliver anything noteworthy.
Main Market listing?
Sorry but not in a month of Sundays (or in their case two, or three, or four etc etc etc etc etc etc)

You are always very full of yourself but what have you actually contributed to this board?

In my experience a person is only as good as their word & most the words coming from the company have been shockingly empty & totally meaningless including, dare I say it, yours.

If you want credibility so badly then why not earn it with helpful contributions?

They are trying to make it in a market that relies heavily on trust.

Much as I would like to see success, I fear they are not doing themselves any favours with what can only be described as unprofessional and consistently unreliable performance.

Broken promise after broken promise.

What are we to believe?

A very happy Christmas & hugely prosperous 2020 to all!

Best wishes

ma5000 xxx

You may find the court tries to dismiss it as "there is no contract" between the company & share holders... if this is the case I believe (from memory so worth checking!) section 155 of the Companies Act 1989 states that a contract is formed with 'the market' (arguably shareholders) by listing on the exchange.

Good luck!

I appreciate the general consensus on this board is that the share price has been manipulated but it stills seems far more likely that it got overheated last year and is still in the process of a drawn out market correction that is yet to end.

Market forces determine that the SP falls when there are more sells than buys. The mis-reporting of transactions (sells as buys & visa versa) is simply a result of the crude rounding mechanism and a varying spread.

Following a bubble those who invested at inflated prices usually have a distorted view of 'fair value', however most folk are here simply to try & make money and many will understandably cut their losses as reality hits home.

No surprises despite protestations to the contrary.

Stick me down for 12.5p at bell close 31 Dec 20

Regardless of any progress made by the company, the share price will only rise reliably if there is sustained buying pressure that significantly exceeds sells over an extended time frame.

Where would all that new interest come from?

Furthermore, anybody sitting on a considerable number of shares knows that they can’t turn their holding into instant cash without the SP nose-diving and hence needs to carefully balance even partial disposal with any buying interest. As a result it is logical that any rise will be heavily sold into and short lived.

There will always be some degree of volatility, & that may be temporarily exaggerated by news, but the odds are stacked against a significant rise and particularly one that holds. There is clearly strong support at this level but nothing at this stage to suggest a likely bottom so how long it holds is anyone’s guess.

Market forces (supply & demand) will determine outcome, plain & simple.

IMHO, DYOR etc etc

Agreed - funding is key & a successful crowdfund would be a game-changer!

Don't know quite how they're going to swing it, but hopefully you're right Deano!

:-)

To be honest, I'm yet to be convinced there will be a relist.

While I sincerely hope that they are successful, based on pitiful performance to date I would say the odds are regrettably very much stacked against them.

That said, miracles do happen!

ma5k - "I've no wish to encourage your inane ramblings"

............. & surely a TR1 for an AIM minnow is nothing to be proud of - it simply demonstrates that you have foolishly accumulated a hand too large to play effectively & are likely to be trapped!

But then, I guess with your logic being heavily intoxicated.........

You do seem to have over-indulged in the wine already.

Correct me if I'm wrong but I was under the impression the share price usually falls considerably *AFTER* you buy, or have you somehow suddenly learned to trade?

chilston - I've no wish to encourage your inane ramblings but what makes you believe 5.4p (or any other figure you care to pluck from the air) is a so-called 'bottom'?

Great if they can achieve it but does seems hard to believe. As things stand, even a re-list on AIM will take quite some doing. The current user-base of Tally is hardly impressive and while community forums, website makeovers & app upgrades are all well and good will they actually attract greater numbers which is surely what really counts... would like to see them put more energy into actually marketing this rather than unnecessary bells & whistles.

The crowdfunding seems to have been pushed back to next year but their ability to raise significant interest will be telling. As for main market I'll believe that when I see it (more delusions of grandeur comes to mind).

Until interest spreads beyond the same old Lionsgold shareholders it's all hot air.

Regardless of motive, it seems that some folk perhaps post purely to provoke a response?

Surely the best response is no response?

Anyone interested in cryptos but struggling to understand them might appreciate this TED talk...

https://tinyurl.com/yb2q98cv

As far as I know, anybody with a short position in a stock that is subsequently delisted is then automatically paid out after 6 months - in which case there would be no current short positions regarding FRR... happy to be corrected if someone knows better!