Yep. The closing Frankfurt price was 28c and that simply means that the last trade printed was 28c.... The bid offer moved about across the day but seems to have closed around 24 - 28 in around 25,000 shares... Bear in mind this is a MM's dream as he happily sells shares all day above the London quote as his risk will be any overnight news as well as flattening his position at the open in London tomorrow.
My view is that we may see Btc below $35k as I am aware of a number of big sellers that are chasing it down, but being ridiculously volatile it may well bounce quickly when the sellers complete.
It would be good to understand whether the staking yield can give KR1 some support and at what price albeit my understanding is that staking yield returns naturally fall when the token prices also fall?
I am a long term holder but the swings on token prices is a roller coaster ride. Even with NAV falling significantly this last week or so there is still room for further token prices to fall. Hang onto your hats as KR1 valuation sits at £179m... Expect the share price to fall towards NAV and maybe a small discount??? At par a share price of 110p would be a buy imo.
RE: RNS out - Eagle Mountain Update19 May 2021 12:31
Great share price rise - Eagle Mountain closed at 47c end Q1 and now trade up 145% last 6 weeks closing today at A$1.15... Crazy how GUN has hardly moved in
Spot on Seawolf imo. If 9p prior to the announcement of the CLN then with dilution as the negative and the positive being £10m plus in cash, no debt and a number of drugs heading into various stages of trials, then i see 3.75p as fair value now.
RE: Rns. Mint facility terminated!18 May 2021 08:35
The new shares have been fully placed. Peterhouse will not be selling into any rise... Hemo now have significant cash in the bank. No debt and multiple drugs at clinical trial stages. This is great news...
RE: Exercise of Warrants and Issue of Equity17 May 2021 19:57
Hi JHFH. I agree, both the recent placing and likely forward sold warrants would explain the dip - I am pleased to have paid as low as 3.14 last few days for shares. The Placing presentation did suggest that the company was profitable prior to marketing spend so they are well positioned. I and family have also started using their products and I can confirm that the service I have had to date has been superb. I think 4p is the next target and hopefully in the coming weeks.
Big cross of 8.5m shares at 17.06 on Friday. And today two large buys at 3.30p - both 602,774 shares - whilst the MM's hold the offer at 3p. Placing completed last week also raising £2m at 2p as cash required to close out their first acquisition.
Rocketpool RPL trades through $2513 May 2021 09:38
Another hardly mentioned coin. Rocketpool trades through $25 in the last 24 hours... That’s a 1 month climb from $14.73 and a one year rise from $1.57....
Have I missed something but ICP are still extremely volatile? Have printed twice that I can see close to $26k - at $25,977 and $25,988... Stabilising around $1,501.95 at the mo....