Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Forthcoming Newsflow (Indicative)"
Indicative... The mother of all get out clauses.
If news isn't released before Thursday, it's fair to say it's not 'late'. They gave an indicative date and already updated that things are a couple of weeks behind schedule.
I agree that I'd prefer them to say nothing than create unnecessary expectations
Do you misunderstand on purpose?
How many people were quoted prices at the edges of the 20% spread? You have no idea because probably most will not execute a poor deal, meaning the number of executed trades is irrelevant, and massively flawed logic to apparently define your own alternative spread calculation.
Continuing to call the 20% spread theoretical, despite it being demonstrably real is bizarre
DYOR guys. Facts are facts
What you say would make sense if it were true. But look at Tuesday, full 20% spread between buy and sell trades...
13:51:01 sell @1.50
08:09:51 buy @1.80
What you won't see from executed trades, is how many people were quoted prices at the extremes of the spread, and did not execute. Not everyone will be quoted 1.7 as you seem to believe, the spread is not theoretical, it is demonstrably real.
This is common MM games to profit from investors, absolutely no criticism of COBR. I have no idea why you'd defend this
Appalling behaviour by the MMs today.
21 trades totalling £26k (including some buys), and they've devalued market cap by £1.6m
I'll be surprised if this doesn't recover within a few hours, don't let them take shares from weak hands
The placing is a 20% increase in share supply, issued at around 20% discount. The impact to the share price should be negligible, maybe a 5%?
And for what? Funding next year's drill programs. Expanding the REE resource and progressing IOCG targets.
Where did people think next year's funding was coming from?
I'm not complaining about funding potential multibag activities. Look at the likes of ODX who had placings to simply pay director salaries.
This one is a no brainer
A good RNS and very positive to have December to look forward to the reestimate and potential re-rating here. But disappointing that IOCG doesn't get a mention, has that quietly slipped into next year's campaign(s)
SatoshiPay burning cash to build software that nobody uses isn't a view, it's an undisputable statement of fact.
Your "why haven't you sold" question is tiresome. It's th exact same answer as a few weeks ago when you asked the same question.
The company was criminally misrepresented by Lew as recently as the June Half Year report, claiming to have 11 "innovative, disruptive" Investments , with TF writing off almost half of them in his first week.
False equivalence Ragnaar, but with such levels of straw clutching, you already know that?
Since 2016, SatoshiPay have been used as a plaything by the board. Having fun developing worthless tech nobody wants or uses, and travelling the world at the expense of shareholders.
Also since 2016, VB has solidified ETH as the number 2 crypto, increasing its value from $9.80 to $1,161.45
Even you must agree the comparison is ridiculous, anyone using such levels of nonsense to defend SatoshiPay needs to give their head a wobble
You haven't followed SatoshiPay for long have you Dave? Prior to Covid, they'd travel the world, attending every crypto conference possible and still find no users
If they fail to find any customers, again, they'll probably be able to write a good travel guide.
Tweet from Meinhard: "Alex and me are in Dubai this week. Anyone we should meet regarding partnerships for Pendulum"
This is everything that is wrong with SatoshiPay. They should be banging on the doors of potential investors begging for a meeting, not arriving in a country with a "we've arrived, who wants to meet us" arrogance, expecting people to drop everything to meet a startup with no prior notice.
SatoshiPay. In A Nutshell. But "iTs dIFfErEnT tHIS tImE"
Heenie - I completely agree.
The only thing I'd change about your post is "coming back on here saying he needed to offload due to whatever reason **again**"
Yes it's his decision to return, and to sell. But it was also his decision to Ramp, Sell, Ramp, Sell. I putty anyone who falls for it a third time
As for this "he didn't make you invest your money" nonsense being spouted today, that is true but not the point. He shameless, baseless ramping was called out repeatedly, but defended venomously by some of his cheerleaders.
If Blu investors challenged the rose tinted attitudes to applauding failure, this could've been in a much better position
In fairness Ragnarr, your posts are well measured.
However, from others on this board in the past month, I've been called a dumb, blind trouble causer, who can't see what's in front of my eyes.
What I could see was baseless ramping.
Marks decision to sell was his own, as was his decision to ramp
There's a life lesson for anyone caught out by shameless ramping.
When people ask critical questions, like Why? When nothing has changed and SatoshiPay are clearly repeating their old mistakes, why do you insist "it's different this time"?
When the answer is evasive nonsense like, let's agree to disagree, or, time will tell, then don't attack the one asking questions of your beloved cheerleader, give your head a wobble and realise this guy is talking out of his rear.
Baseless, shameless ramping. End of story
Not sure why you still post here Bowlers.
I thought you'd retire to the Carribbean with your high rolling 7.5k profit you were boating about. And btw - have you actually lost money on Argo?? A share that almost 100 bagged, and you've managed to lose? Lol
AP - it's difficult to find anything concrete but appears that:
Formation and Drops have gone:
https://pitchbook.com/profiles/company/439460-20
https://pitchbook.com/profiles/company/432826-66#overview
Googly is mothballed, pending reinvention, with £78k in assets remaining (less than Blu paid for an 11% stake)
https://find-and-update.company-information.service.gov.uk/company/12229297/filing-history
DIBS social media was last updated 2.5 years ago, and their linked website is dead:
https://twitter.com/dibsesports?lang=en-GB
Equally little information or activity for Diemens.
I'm sure uncomfortable truths will be dismissed as 'trouble causing' but this is what happens when investors are rose tinted cheerleaders who don't like questions
Do you misunderstand on purpose?
Suggesting someone should sell because they criticise SatoshiPays undeniable history of failure, is exactly the apologist, cheerleading behaviour I complain about here.
SatoshiPay have fantastic technical resources, capable of making cutting edge tech but without a business brain they constantly make worthless products. Evidenced by the past 6 years.
I'll stay invested, your permission is not needed, in the hope they stumble into something valuable. But if the opportunity is missed, it's because the largest shareholder sat back and waited for it to be different next time