Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A good entry point..........
Bid 0.0805 Offer 0.082 or 0.0815
No sign of your 0.07........
If they sell Satoshipay, they'll have a load of cash plus Dynasty and all for a current market cap of £4m......
Worthless, my a**..........
...2.5x to 3x....
5,143,619 is me adding........Hoping for a Satoshipay sale and Net Assets confirmed at 2.x5 to 3x the SP.
Maybe Satoshipay will go for a stormer..........
Got bored by then.........
Slugmum, so sell and go away......you really must if that is how you see things.......
That's quite obviously a rollover........
I was a shareholder previously from 0.12p to the late 0.2p's...but missed the ride to 0.5p.
I bet Mark wished he had sold then, but Satoshipay was supposed to be worth masses.......maybe it still is worth a great deal more than its book value......even if nought, Dynasty covers the Market cap.....and seem to be progressing.....
I doubt Satoshipay is worth £0.........
Dipped my toe in, did a bit more research and got more confident.... :-)
"the shareholder participating in the Fundraise will receive a warrant allowing the holder to subscribe for ordinary shares in the Company, on a one to one basis, at an exercise price of 0.1 pence for an exercisable period of 3 years, expiring on 17 January 2027 ("Warrants"). The Warrants are not subject to any other performance criteria.
Additionally, in line with the Fundraise and to facilitate immediate free cash to be used for working capital purposes and to assist in delivering the strategy of the Company, the Directors of Blue Star have agreed to receive their remuneration in ordinary shares in the Company, in lieu of cash, on the same terms as the Placing Shares, which include Warrants, for the period between 1 February 2024 and 30 September 2024."
So, is this one shareholder, Mark White and why he sold down or the other large shareholder or a new shareholder....?
And I take comfort that Directors are taking shares at 0.1p instead of cash, but they do get the advantage of free warrants....free because they will only exercise when they can sell at a profit.......
...and what about another 3,432,479........because only valued at 40% of previously published Net Assets.
...and another 1,432,902.
...awaiting Satoshipay valuation and update on Dynasty progress.....whatever happened to its flotation.....?