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I’ve got to be honest chaps I’m getting close to selling up as well, I’ve got just over 5.5 million but if we get to 0.75p which is higher than my original buy in price in my isa, but considerably lower than my second buy in where I got spiked at 1.5p in my trading account then I will have to sell, I had a lot of high hopes for UFO but we don’t seem to have a lot of market sentiment and this year has been painful, I’ve done well on a few other investments recently SAR and ZEPH being my best and I’ve held ZNWD and IRR since last year and the last few weeks for the lithium stocks has been REALLY good, I’ll see an 18k loss which is not ideal but I can’t keep watching the SP drift south day after day.
Really disappointed got caught on the spike and averaged down as well!!i think ORR has bags of potential but the news needed to get the SP moving northwards is going to take more time than I’m prepared to wait, I put the rest of what I had in ORR into PAT, hopefully I can make some back in the next 3 months, good luck to anybody still holding, genuinely hope this comes good for you.
Thanks max, just hope the next RNS is received well and gets us back above 1p, it’s starting to feel like a question of when not if, hopefully bill will be able to deliver some a regular news flow and we can get some momentum back into the SP the 3p highs last year feel like a long way away at the moment, hoping for a good July...
Thanks for the reply max, so with the MRE and drilling at EH we should get a fairly steady flow of news between now and the end of the year, in your opinion do you see us getting any results for the drilling at brockman before the end of the year?
Hi max, I know you’ve posted before but the boards quiet today and I wondered if you would mind posting what’s in the UFO pipeline and potential timeframes, I know you did something similar a while back but I can’t find it on your posts, I know it’s only your opinion but you are more researched than most on here,many thanks.
The SP is in such a tight range now, one piece of decent news and the rerate is going to be massive, starting to feel like my entry last week was a blinder, here’s hoping for news this week, good luck to you all.
Agreed, I thought mode were a BTC play and now I have no idea what they are doing, I’m going to sit tight but unless there’s some clarity soon the SP is going south quickly, with no incoming revenue or potential revenue streams there’s not a lot holding up the current SP.
Thanks staggers, the email is as wishy washy as the RNS, what I’m struggling to understand is why you would drop BTC jar which generated revenue?When mode floated it was an easy concept to understand, an app to store BTC and generate revenue from transactions, great idea given the volume of BTC trades, the problem I have now is I dont understand the fundamental business of mode, what is an in app bounty?!i can’t understand why they would drop a revenue generating app completely to focus on something that has no customers and no revenue, surely they could have moved the BTC jar to another app and ran the two side by side, the email does not read well and the markets will think the same, we have sat on our hands for months waiting for this and it’s a huge disappointment, I doubt many pIs are going to sit on there hands for another 3 months and watch the SP slide south.....
Hi turbo,I missed GGP and for those who got in early enough it’s been life changing,I got in early at ARB and got out over 2 quid so it was a great investment, my worry with UFO is when invested in UFO last year it felt like UFO had so much in the pipeline and those opportunities seem to be slowly decreasing. It’s gotten to the point that when I check for an RNS on my investments in the morning before work, I’m starting to dread seeing one for UFO, they are constantly underwhelming and I worry about the negative impact they have on the SP, I know patience is key but we haven’t just stood still it feels like we are slowly going backwards?
I have to agree with you Stevo about having funds tied up, I’ve been stuck in Ufo for a while now and it’s getting to the point where bill has to deliver for me to recover funds and that is a worry, we do have news due I just hope it’s enough to finally move the SP.
You can buy a mode mug from the store, hoping they’ll send me one for free for the amount I’ve sunk in here....
I would be interested to see the reasons behind dumping the BTC jar
I should buy one after sitting on my hands for so long waiting for the ‘super app’....
The BOD would know the financial impact of dropping the BTC jar, so I can only assume that it was done because the financial regulator approval required it, I’m therefore assuming that the BOD see more commercial success by having the approval than by having the BTC jar, but you are absolutely right MODE need to clarify their position soon or there’s going to be a lot of sells going through, personally I’m happy to wait this out for a little bit.
That is a good question, before the dropping of the bitcoin jar I would have said millennials looking to get into the crypto space, now I’m not so sure, I’m hoping there’s an RNS inbound clarifying the direction of mode, hopefully sooner rather than later.....
Just out of interest are you holding any of those turbo?i held OMI last year and I’m sat on the fence with POW and GUN, when we finally get moving here I might slice a little and dip my toe with POW.
To be honest I did ok, I got in around 10p and was out at 60p, I didn’t put a lot in but I made a couple of quid, but it had pump and dump written all over it, DL has his own telegram group and is constantly pumping £ 10 a share by Xmas, it’s to do with NFT’s but to be honest I think most of the PIs invested haven’t got a clue what VLRM really does, I got out a couple of days before the wheels fell off, pure luck tbh, but DL is still there pumping £10 and PIs are still buying, it’s going to end in tears!