I agree with you @ukchips. Though it's all perspective and opinion, who are we to disagree with the price people will pay for some things, after all, modern art is just someone dropping a can of paint but someone thinks it's worth a million bucks, and banksy goes around ruining people's walls but some people pay millions for it, then there's the noise produced by little mix and that's worth zillions too. Perhaps my examples on this occasion are slightly off point, but hopefully you get what I'm trying to say. This is a business sector that brings in big bucks because people are willing to pay for this crazy stuff, and the application of NFTs will be far wider and greater than I or any one person can imagine right now. (Hope that makes sense, apologies if it's slightly off point).
https://www.google.com/amp/s/www.gq-magazine.co.uk/culture/article/nfts-art%3famp
Yes, I know what you mean. Don't worry, I'm a big boy. Unfortunately I learned about "trust" the hard way.
It's been a long week my friend, and a Friday banging headache. I trust in you all. VLRM, va va voom.
I hope that is the case for next week then as we've gone from saying OTC listing possible today or Tuesday, to now saying sometime next week, and I've even heard 4weeks from 19th April mentioned. Appreciate its out of everyone's hands, let's hope it doesn't become June.
I like the attitude on this VLRM, it's not over the top, I like to be reserved and quietly confident, and definitely not mislead people. I don't want people to lose money, I'd like everyone to make money.
That said, given everything I've read these past few weeks, and the posts on here, I'd also say 50p seems to be a nailed on certainty, beyond that is anyone's guess, so by the end of the year? Could be anything between 50p and £2 (maybe more). But let's not just talk about price action, I'm backing this company with £23k @ 30.5p per share; I could have bailed out many times, but I kept on reading and researching and will judge VLRM its promises and its ability to deliver (rather than the past). I'd like to see this company grow on its ability to deliver, and I'm backing it to do that.
I don't know if these things are strategically timed? If it was me, I'd want my listing at the start of the week to give me momentum going in to the week and carry that through the week, as opposed to starting on a Friday and losing momentum over a weekend, and a bank holiday too on this occasion. But I don't think they have any control over it.
I think the specific service offering of each company in this instance, whether its mining or NFTs is irrelevant, the fact that "Germany passes law to allow funds to invest in Crypto currency" is huge for everyone. If you think of Crypto currency as the Ecosystem, then any country that starts to weave it in to their Ecosystem means the everyone within the Crypto Ecosystem benefits. Yes, at this stage, it appears Germany is only talking about funds, but thats a huge step, and Germany are basically regulating Cryptocurrency in to Europes biggest economy. Great for VLRM.
Laymans example of an ecosystem- lets say cokecola is the ecosystem and Germany legalise it; so who benefits? The drinks manufacturer, the company making the bottles, the company making the plastic caps, the company printing the wrapping, David Hasselhoff (huge in Germany) for starring in the commercial, the dentist for fixing everyones rotting teeth, and lastly the shareholders, because more and more people are drinking it the SP is rising because Germany are saying to its population that its good to drink.
Please all post responsibly in consideration of others for the betterment of each other.
I hope it gets to that price, but let's be realistic. It's hyper ramping and social media speculation that caused many on here to lose money. My own story is that I bought at 24p, sold at 17p when I realised it was going to tank, and lost £3.5k from memory. I then went back in with £500 at 10p, topped up with £100 at 8.7p, then again topped up with another £100 at 8.25p. I'm sure people lost more than I did.
I sincerely hope 50-70p by end of June happens, but let's not help others lose money. Maybe the comment was in jest, in which case I apologise as I'm not regularly following this particular chat, so I'm not aware of the personalities, and may not recognise when people are being serious or saying something in jest.
Just to follow up on my earlier post. I have done my research, my own due diligence/research, and I'm very satisfied with the company and comfortable with my investment in it. I hope everyone makes money for their betterment, and certainly not at the expense of others or other companies. There is enough opportunity for everyone. If other companies in the same sector do well, then it is good news for VLRM too. Take the examples of Coke v Pepsi, Adidas v Nike, one would not exist without the other, it gives customers choice, the company's push each other to innovate and do better.
@ukchips, I thought Dom was a she?
I agree with Bella's comments though, everything is on the website and freely available. For my sins, I'm just an investor, happily divorced, 3 beautiful kids, 20years off retirement, with a SIPP and ISA both with HL. I'm certainly not an employee, but if anyone wants to make me an offer, I'll listen, but I ain't cheap!
Is your first target 55p?
That's a great shout!
It would absolute make sense to.
Are the $4.2Bn stock options (set at $54k I believe), that are set to expire this Friday the main reason for the price being held back? Anyone know what is likely to happen once they do? (crystall ball stuff I know)