Member Info for Magpie1862

Not invested here, but like seeing people beat the market, what is the expected news tomorrow? Good Luck this has never been on my radar so will not be investing in to the rise.

On quiet days I will just keep reading the headline from Tennyson until it is realised, I know they are their broker and it's their job but still makes nice reading :-)

TENNYSON Morning News - WeCap (WCAP) - See Through Valuation Now 43p/share after WeShop's NASDAQ Listing

@RalphB1 I would love to come to a party with you and profit what a hoot that would be . NOT! cheer up little fella post on your success stories not the ones you are not in it might brighten up your life a little :-)

Very rarely do good drill results make an SP "Pop" you might get a rise in the SP but until SML give a clear plan on value creation it will not move much. It is fact on small cap, traders will buy in anticipation of good drill results and when results are out will sell for profit, suppressing the SP. This panics holders in to thinking the good results are actually bad! If you do not believe this look at the price movements when past drill results have been published.

@wadogara exactly m8 daily price fluctuations mean absolutely nothing, just bed wetters getting itchy feet.

Afternoon Victor :-)

@ID78 that is not a change in take over rules it is the renewal of take over provisions. Just means the shareholders continue to have a say in a partial takeover bid.

NO

They won't get any updates from state side today! Everything shut down for holidays.

I did not answer as that info is readily available if you took 5 minutes to look!

How does WeShop business model not dilute shares for existing holders

WeShop's business model does not dilute shares for existing holders by utilizing a Shareback Plan that rewards users with equity in the company. This plan allows users to earn "WePoints" through purchases or referrals, which can be converted into Class A ordinary shares after a waiting period. This approach ensures that existing shareholders maintain their ownership percentages and does not diminish their stake in the company. The Shareback Plan is designed to incentivize user engagement and loyalty, turning shoppers into stakeholders over time.

Not worth answering that one!

@jimmy2011 GL with your investment. I have consolidated my AIM portfolio in to only 2 now, here and SML hoping they give me a blue Xmas on paper.

One thing that WeCap has done for me is make me aware of the Aquis Market, it was never on my radar before but I have made some decent day trades in the past week and there are some very small cap opportunities on there! Off topic sorry but hey ho!

I love the comment on share-talk.com

"Selling out WCAP does not seem intuitive unless you are desperate for cash. It could very well be that once the bed wetters are finally out the shares can head towards 5p, 10p, etc."

Luckily no holdings in O&G or betting for me, not rosy for them in the Budget! Might be a good opportunity to look at minerals again!

"We’re continuing our private alpha and gradually expanding to a small group of early users.

Over the next few weeks we’ll begin inviting more people from the waitlist as we open early access"

No worries cheers

@SpotTheNutters you lost me on that post, far from doom mongering I was saying it is trading well below the Mcap back then and far far below the expected Mcap now?

Also with the excitement around Nasdaq listing even with UK:

Total purchases through the platform now total over 180,000 with an annualised gross merchandise value (“GMV”) of £33.4m as at the end of May 2023 (over a 3 month average) compared to the last reported figure of £27.9m for March 2023. Total GMV to date is £22.1m through the platform.

2023 = Based on the most recent fundraise in WeShop Holdings outlined above the value of the resultant FIRE (WCAP) holdings in WeShop would be £22.5m. 22.5 million Mcap back in 2023 on UK Holding alone. Would love an update on current UK figures on what has been spent through the platform?

What I find strange we are trading well below the predicted SP even from the UK investment value back in 2023/4 "The £17m equity value equates to a net asset value (“NAV”) per share in FIRE (Now WCAP) of around 4.9p per share from this investment holding alone" How in a month of Sundays now with the further progress in UK and Nasdaq listing can WCAP be less than 4.9 per share, which was calculated against the UK investment holding ALONE?