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Share price not moving. Placees are still clearing their shares at double what they paid. Anyone buying at these levels have truly been 'Turner Poped'.
Hope everyone can sell out in good time. Shocking the amount of ramping that has been going on here...
Spot on Dyson you are correct. This will go a lot lower!
So tell us G-Man11? This company was barely worth £1mil a few weeks ago. What has changed to make it worth £15mil? Or will you play the GB card of "not telling" before the RNS?
The "not telling" card is well played by GB. It brings retail mug punters in to buy this s*** at +150% of the placing price. As these mug punters buy in thinking there is a big story the placees sell all their shares.
Reality is, if GB had big plans he would have released a good RNS and THEN called a placing. Obviously he did not think that RNS would have had a very positive effect on the market. So he raised at a huge discount instead.
The fact here is that the fair value is 0.1p. No one in the city wanted to pay above that. It is a great shame that retail punters are getting caught out by rampers around here trying to clear their placing shares!
I also feel for anyone in DVRG. CEO's wife selling out for another company? Why not invest £50k into this one too from your own pocket? According to Brandon "sparks will fly" so it is surely a solid buy? Now if that is not a red flag I do not know what is!
Brandon pumped up DVRG and now he is pumping up this one! I wonder what company is next...
The Why - Our raison d’etre is to redefine the way that people use financial services, once and for alll. We’re here to disrupt the current system, and build the financial products and services of tomorrow, today.
There is also a few other catalysts that will drive BTC and MODE even higher!
- More companies converting balance sheet to BTC. Apple is touted to be next. Expect many FTSE 100 companies to follow!
- Wider adoption. BTC is being use as it is a cheaper alternative to VISA and Mastercard.
- When volume of BTC is high more revenue is generated from transaction fees.
- More crypto currencies are going to be adopted by Mode.
- This is also a secure wallet to store BTC and generate interest!
This company is ALREADY generating revenue unlike many others! This will become a multi $billion "hold forever" dividend share!
There is a certain person on AIM aka the 'The Sheriff' that is in the process of releasing some juicy news about DVRG and MSYS. The situation with Mr Brandon and DVRG has got Burford Capital written all over it!
I shall thanks rebel. Crypto land is a safer bet than buying shares from a dodgy company doing mates rates with the city!
Mr Brandon! If the sparks were really about to fly you wouldn't have raised capital at such a MASSIVE reduction would you? It is also a great shame that you didn't open the placing up to the retail investors. You clearly don't care about them do you? As long as your mates in the city get their score all is good!
Plus there is a lot of block sellers around from the placing. Clearly your mates in the city don't want to hold these shares for very long! Good day!
We said drshan. What has gone on here stinks and I have heard the Sheriff of AIM is investigating and will release an article by next week on the foul play that has gone on here. I only hope that MSYS does not get delisted like supply @me!
Well said CP85. I was fortunate to have extra funds to buy on the dip. Really hope no holders got caught out on this. Looks like a few stop losses may have been hit around 60p. Nothing has changed here and we are about to have a huge trading update that will send this share price to new highs.
GLA.
CR1909 - Bitcoin related stocks over on the nasdaq are hitting new highs. Only on AIM you get total manipulation like this. Derampers out in force and MM's take full advantage of the drop. The simple trick is just to fill your boots when the price drops down like this. GLA.
LTbeliever who do you think will be stupid to buy above 0.1p though? This is the classic AIM move by a shocking management team that has total disregard for retail. It is the city boys getting mate rates and retailers picking up the cost.
Avoid this company and only buy at the fair placing value of 0.1p
MMs now want to buy everything on the ask. Thanks to the flower for the cheapies.
This has just hit my buy level now. There is no chance of a fundraise so close to the IPO. Bitcoin is about to reach new highs. Thanks for this, I did not think I would be able to pick up any more of these sub 60p. Order filled.
There is still big block sellers around. Huge sells being printed since the placing shares hit the market on Friday! Fair value is currently 0.1p.
It really is shocking when a company raises money at a huge discount. Why did they not raise at 0.2p? Maybe no one wanted to buy at 0.2p? And now, all the retail mug punters are now buying at 0.3p!
Spot on wolves. The overhang that needs clearing is absolutely huge! No chance of a rerate for a long time. The book over these last few days has consisted solely of sellers from the placing. The spread is HUGE!
We are seeing a lot of tranches of shares being sold off from the placing. I will be here for the sub 0.1p entry in a few weeks! GLA.
There is a very positive outlook for this company now! In times like this you should be adding more. It is also looks like we have a few +20%ers taking profit before the next big leg up. Once cleared we will be £1+ very quickly!
Remember to put this one in your ISAs. We are about to see some serious growth!
I think the ultimate thing to remember, is TP clients have already bagged here. They are 'advised not to sell' but generally most of the TP clients that I know start selling immediately. And why wouldn't they? They have already made +150% on this company!
Stampee1 they have been able to sell since friday last week. They can sell as soon as they receive them - which was Friday 5th February.