Member Info for sankeys

Up 8% - fundemental and technical breakout we hope with a few looking at $15-17. Showing strength with Cryptos down.

Why do they swap it over on the bid ? Then it looks like selling.

I've been looking at Arg - assets if 190k, only started trading in January, no revenue and before the placing that Vela took part in they valued themselves at £8m ! Where you get £50m from Lord only knows, and I doubt they will raise much more than £10m on an IPO. Arg definatley one to steer clear of IMHO.

Which would make Velas investment worth £1m - undiluted. How many more shares would be issued for the IPO? Vela % share would reduce from 1.9% to ? So probaly more like £500k on your £50m valuation or in terms of SP something like 0.05p increase. The talk of 2p etc is not realistic in the short to medium term. BTL $10-15 Vela 1p - that's the targets.

stagnation would be good at present, it's slowly dropping each day. To be fair there is little volume so it looks like PIs reducing or moving on where they are returns quicker.

Nope I deal in facts - currently Bk2 and Arg are worth £400k to Vela, both have upside but I would suggest its very unrealistic to believe they alone will lift Vela over 1p and add millions to the market cap. Vela needs the bounce in BTL to gain anything of other investments.

$15 woild equate to £5m to Vela, add in circa £1m for Airportr, £2m for the rest gets to 1p. Of course expectation and sentiment can double a SP but at present 1p would be the target unless other news comes in.

Depends what you mean by previous levels. All markets were hitting highs in January, not least crypto currency and tested stocks. It is questionable whether we will see those levels again this year, certainly I can't see Bitcoin at $18000 again anytime soon. For me if Btl can get to the $10-12 range given the launch of Interbit and attracting new partners then at that level its worth the current market cap for Vela alone.

most of the shares were in a placing at 4.5p I think, so at least it's not in a loss now.

Looks like a short being rolled over? Although slightly different numbers. It isn't two sells as the SP would be 0.35 by now not up! Pity they are not just closing it.

But it's only worth circa �70k to Vela, so it would have to be hitting 20p to have any big impact on SP. Vela should have put more into this one instead of dogs such as bk2 and arg

VELALatest update...28 Mar '18 Ok so here is the latest, i did say bk2 and Argo would list before end of March, but this isn�t likely to happen now... bk2 now looks to be listing straight after the bank holiday, I cannot divulge the details but this is confirmed...

bk2 is a non event, I have said this now for a few weeks, I spoke to someone at the company a couple of weeks ago - whilst they couldn't go into detail the ckear message was nothing can happen till the money raise was finished - which to be fair they did state they would RNS. It's been embrassing the last few weeks the posters who have tried to ramp a relist that was far from near, top table? Dan and Pesto are an absolute disgrace with their lying and ramping to people on this bb.

Yep a larger buy and they had to pay over the ask, but they decided not to shift the spread. The amount of buys and sells is irrelevant really. It's the price points where either buys or sells kick in. They had to take it down to find the buyers, hopefully tax year out of the way and things will settle down. BTL ok at present.

yep money comes back end of May, let's see but at least it's put to bed the ridiculous ' relisting this week' rubbish. The COB needs shareholder approval so we will know well in advance when it is due to list.

it's liquidity, just over £10k worth of sells has taken £350k off the market cap.

Someone's dumped 2.5 mill in the first 45mins.

make that 12

8 trades live

I'm assuming the " understand the geology" means last year's work overs failed to deliver but what they are doing now they are confident in achieving results. They just have to show the market they can as the upside is still the same as it was when we invested.