Yea that's why I couldn't understand why everyone's going crazy. A £10m deal would earn them about £300k. So it's hardly a game changer. They burn more than 20 times that a year. Reminds me of Fitbug announcing huge deals which actually earns them only a tiny percentage of the figures they talk about
Does anyone know what sort of percentages BLUR get from the multi million dollar deals. I can see from rough estimates they have averaged about 3% of the deals they have done in the past . £10m would only be worth about £300k Not sure if this deal is worth millions net or grosss. Often very misleading.
What percentage of the deals do Blur take from the total ? I know they say multiple six figure deals...ie multiple $100k but if its only 1 or 2% that's not a huge amount...only a grand or so.Just a bit wary of rampers..lol
Yea it's a bit of a joke. So is what they are saying if all goes well according to their educated (LOL) guesses they could be worth 20 times their current value. LOL. Only problem is they need to borrow ten times their value. LOL. They are so funny They didn't even have money for the license
Of course like Jim has already stated the chances of this making money is pretty much as close to zero as you can get. They have little or no funds and will require a hell of a lot more money in the coming months. If it were as easy as saying they will be making any where near to as much money as they say in their statements the share price would already be moving. I really wouldn't be surprised to see them suspended in the near future as a they struggle for money to pay their way. Tens of millions have been wasted er spent and still next to nothing to show. If it drops to a valuation of say .5p a tenth of what it is now I might invest on the hopes of it being taken over as a shell but only if it's market valuation gets down to £200k. Otherwise I'd never put another penny into this
Jim it hasn't put that punter off. Today's only trade for £55 worth of stellar shares. Like you say you can only shake your head and wonder what the hell is going on here. It's such a tangled web of deceit and terrible management. I really can't understand anyone buying shares in these now. It must only be a matter of time before they go under or conjure up some other ridiculous scheme
I know. Just pulling your leg hope it does return something for you. I'm still so pleased for them even to relist and get most of my cash back. I was thinking I had lost it all. £2.5k but got over 2 back. I'm more cautious now
Jim I know you want to buy more. Just hang on for a drop. Now I've sold mine they will fly. I sold purple bricks about 3 months ago for a quid because things didn't seem to be going that well. They have more than trebled in the last couple of month. That's typical for my shares. Anyway wait for the drop and then the BOOM like sonic said LOL
Funny you should say that. I have shares in red x and they had similar offer. When the offer was open the shares drifted down to the offer price anyway. And somebody gave lots of examples of other shares where this had happened. Like you say why buy at the offer price ?
Sonic I think the downing 3 shares look good today. They will fly BOOM. Bit of a spread though 20p To buy and 0.01p to sell. Only 200,000% spread but don't worry it will fly. BOOM. I'm thinking a 50 nagger
Jim good luck to you mate. You know I got out with only a couple of hundred loss and a couple of grand of my money back. I hope for your sake alone you get at least something out of it. I'm happy to have my money back. But still like to follow it. Sonic can't be for real surely. Stellar are still hanging on a cliff edge and he's talking about a ten bagger. LOL. They need millions yet.
Sonic your not a very convincing ramper. The directors have to make these token purchases. You see it all the time. They have to show that they have LOL confidence in the company. Just like when you get a new board member they always buy a chunk of shares too. I like all these apprentice ramper comments like. BOOM. Lol. You need to say QUICK get in now before these take off and this looks like a TEN bagger. LOL. Have stellar put you up to this Your so funny
It's boring without winding people up. Anyway when is there any news due on this. I've never been back in since they did their crazy spike. I could never buy as a normal long term investment but it's good to buy when there is a sniff of news or the rampers are out in force. Apart from my long term investments I've found myself very impatient with these aim shares that are ramped and don't like to hold for longer than a couple of weeks.
Yea you might be right but alf really is a know it all...but actually knows nothing pain in the ass.....He hates people ****ging his beloved Provexis....Like I've said many times they have a good product...but they are just not promoting it and leaving it all to a third party which is probably paying a tiny percentage....the BOD are pretty pathetic....and the company valuation is huge for what they are achieving....
I think it's strange how you. Who probably live in a council estate buying £10 worth of shares at a time find it unusual. £700 k will not last long in retirement. It's really not a large amount. I'm quite happy to send details of my portfolio if you would like to see
Thanks arsfista I was banned from iii as well you know. My friend who works for a well known MM. gave me a snippet of info. And I got wrong for posting the exact quantity of the first 5 trades of the day. They were pre order trades and were very large and they said they might take action. As if