Member Info for Pedrobull

Certainly gives some hope the worry is the majority of their income is from professional services which will be low margin as people costs will be high. Higher margin (100%) software is what profits will rely on as with all other cyber security businesses.

"The focus is also on higher-margin business segments and key accounts that can leverage a broader range of Crossword's products and services. "

I left school at 15 as well and that's where similarities between myself and Peter end!

I have edited Wikipedia to state CMC is now worth £300M.

Career

He left Shoreditch Comprehensive with no qualifications, aged 15, and gained a job as a telex operator for Western Union in the City of London. After being made redundant, he worked in the foreign currency trading rooms of various banks, including the Bank of Iran and Marine Midland.[1]

By 1989, Cruddas was the head foreign exchange dealer at the City of London branch of the Jordanian-based Petra Bank.[16] He left the same year to set up his own business, starting CMC Markets with £10,000 in the bank. CMC Markets is currently valued at between £750 million and £1.2 billion.[5] By August 2023 CMC had fallen in value to £300m."

Yeah that's huge.

£381.45k went thru on the close as well

2nd August RNS

The Directors of Minoan announce the issue of 16,140,103 ordinary shares in order to settle certain existing liabilities at 1p per Share. Following Admission, there will be a total of 751,368,219 Ordinary Shares

29th August RNS

The Loan with DAGG stood at £1,414,462 as at 31 Dec 2022. It has been agreed with the partners of DAGG, that half of this amount, being £707,231, will be immediately redeemed by the issue to the members of DAGG of 70,723,100 new ordinary shares in Minoan ("Ordinary Shares") at 1p per Ordinary Share.

The remaining balance of the Loan will be extended to 31 Dec 2024 for a FEE of £175,000 which will be added to the principal of the Loan. The INTEREST RATE on the Loan remains at 10% PER ANNUM.

The 35,000,000 warrants held by the members of DAGG to subscribe for Ordinary Shares in Minoan at 1.4p per Ordinary Shares issued in July 2020 which had expired on 31 December 2022 are being reinstated with an exercise price of 1.1p per Ordinary Share and an expiry date of 31 December 2024 to be coterminous with the debt.

Nicholas Day who is a director of Minoan/Loyalward and holds 9.4% of the shares in Minoan also is a "member" of DAGG.

You'd struggle to make this up but net result is a 10% dilution but Nick will still hold 10% and his warrants gets re-instated at 1.1p and DAGG get 10% interest on the loan.

@fleccy on the silicon chip costs and chances of QBT being involved my take snowballs chance in hell :)

How much does it cost to design a semiconductor chip?

Synopsys Intros AI-Powered EDA Suite to Accelerate Chip ...

Chip Design Challenges

Designing a reasonably complex 7 nm chip costs about $300 million (including ~ 40% for software). In contrast, the design cost of an advanced 5 nm processor exceeds $540 million (including software), according to International Business Strategies (IBS) estimates. 30 Mar 2023

I strongly believe in AI in healthcare.

Just think the interactions we have speaking to health care workers, doctors, clinicians, consultants, nurses, pharmacies etc. If this was all computerised in conjunction with our families history and our postcodes and all other relevant data (alcohol purchases etc) just imagine what AI could suggest!

What I don't get is how BT can make money here?

"Talk of ‘virtual wards’ and ‘unlocking the power of technologies’ are a bit vague, and it’s not crystal clear from this what the plan is. But the crux of it seems to be about providing healthcare virtually in order that a patient wouldn’t need to come into a hospital or GP surgery, therefore relieving some pressure on the struggling NHS.

If such apps and devices can be made to reduce waiting lists or generally improve the situation in hospitals and healthcare facilities across the UK, then it can be filed firmly in the ‘useful application of technology’ folder. We’ll have to see how effective the things it talks about here turn out to be for both doctors and patients, and whatever this under development ‘broader virtual ward solution’, which BT coyly alluded to, turns out to actually be."

GLA

Not Bobcat but my take on this.

what would you says FG meant when he announced the next step would be testing at a commercial level either in house or with partners who have available miners - I'd say that in house or external is the only choices there is no third.

to then saying we are planing on testing on the miners of miner to then saying we are testing on new miners. - I'd say they've failed to find a partner they can announce.

AVOID

Correct I don't hold any but will prob continue to check here for a laugh now and then if only to check the serial rampers who must be on the payroll of this joke business.

178 posts (only 3 mine) and a whole 17 share trades LOL

Reminds me of a Casey Jones episode in the 70s when they ran out of coal and so the keep the train going they started burning the carriage furniture

Yep we don't know what QBT have in the way of servers!

I'd bet they don't really have any servers or (contracts with data centres) to mine 1 BTC

The sound of discarded bargepoles is deafening, anyone buying this on the basis its called quantum blockchain technology is a sucker IMHO.

In reality just a long term never ending cash cow for a very comfy BOD’s.

LOL

The only relationship QBT have with BTC is they have BLOCKCHAIN in the name.

No products, just a theoretically faster way to mine BTC

Shares available to buy at 71p with NAV of 92.9p is a discount of 23.5%

Neither Flutter nor 888 paid any dividends in 2022, Entain paid less than 1%.

Why bother?

It is strange to see the price back at early 2022 levels.

I suspect a big part of that is 4.4% Easy Access and 5.8% 1 year fixed cash rates that are available so why take risks.

Also no dividend and the market listing

I've just added another 5000 shares bought at 42.194p

GLA

At 20p market cap is approx £350M add in a debt of £166M and a takeover must be a possibility

At 86 cents this is yielding 8% and as you say decent record.

what others have higher dividends?

Disappointing share price response to all the positive news flow must be a bargain at 44p?

7th Aug 23 - Caledonia Investments plc announces that its unaudited diluted net asset value per share ("NAV") as at 31 July 2023, calculated on a cum-income basis, was 5031p.

Dropped a bit after dividend of 49.2p

Its good for the employees as business as usual.

Bad for shareholders who now have no share.