Member Info for plode

It can't go much lower Reaction only a few more pence now. The only way can really be up

"Macroeconomist Lyn Alden has cast doubt on a proposal that would see five countries work together to develop a common BRICS currency — arguing it will likely struggle to get off the ground and fail to dethrone the United States dollar.

In an interview with Cointelegraph just days before the BRICS annual summit in South Africa, Alden explained that it would be “very hard” for BRICS members — Brazil, Russia, India, China and South Africa — to form a gold-backed currency for widespread use.

Russian President Vladimir Putin first announced that BRICS proposal to create an international reserve currency at the BRICS summit in 2022 to rival the U.S. dollar as the global reserve standard. This proposal was later confirmed to come in the form of a gold-backed currency.

However, Alden argued the model is flawed."

"We have a bank holiday so long weekend I wonder if news will drop Friday giving us time to digest any information." The dreamers on this board ae quite staggering I must admit.

His is what is wrong with this. You're not allowed to be honest everything has to be positive and constructive otherwise people start crying.

It is almost a certainty. People on here will tell you that a listing and dilution will push the SP north though. Funny little lot

Probably a PI who's just had enough. Sick of the constant capitulation week on week and has cut his losses.

Good one Chuff...

Firmly at 6p now. Wow

A placement is all but confirmed anyway. Lets be real. "Shaun has said that any dilution would be accretive". His track record so far drastically opposes this statement. He has said a few times he can't believe we are where we are and yet the SP continues to dwindle and bleed away. Dilution is coming let's not kid ourselves. """"Accretive"""" it will not be at least for short to medium term.

Hold on MH. It can't get much lower we're nearly at the bottom.

There’s no point selling now MH01. As mentioned our shares are practically worthless anyway

Hold on MH01 your shares are nearly worthless anyway. Just wait until the big instos are fully in for the ASX listing and we are fully diluted and the only way can possibly be up

You honestly need help if you think people are trying to pull this share down with their posts on a public forum. I despair at some of you lot

6p finish

We all know the answer here and it is not a pleasant one

HannahJack's a bit quiet. She's usually spouting rubbish

You're beginning to wonder!?!? If you thought that man was going to do the best for you the small fry retail investor, you're more naive than first thought

There's still some serious dilution to come here aswell it's only going t get worse over the short-medium term. The numptys on this board will find a silver lining to this atm though

1 step forward, 3 steps back as per. The Friday predictions from most of the rose tinted brigade well out the window. Who’s surprised? Not me

ThE tIdE iS tUrNiNg...