Member Info for sash1991

I think they've ****ed it

Be careful with the bed and isa you will likely be out the market for 3 to 5 days.

Better put cash in isa and then once secured sell shares

Or he's assuming that news is about to drop and he'll dump on the spike

SP seems to be holding all things considered. I was hoping to see this drift down towards 6 or 7p

That's not the point. He's saying that the SP is not correlated to the price of BTC. I'm therefore asking what you think will happen if BTC goes to zero

If btc goes to 0 what you think will happen to the SP?

Yeah, that's why I was expecting news by now cos they'd stated work has commenced. I think he is working on something.
He is probably the only bloke in AIM I trust right now he hasn't let us down so far.

My view is there would be no need to calm the nerves if they were close to securing an adequate rig, nor the need for alternative options.
Think it's more likely we'll do **** all this year and raise funds.

When's this feasibility study meant to be dropping?

What's people's thoughts? That rig they were viewing in Texas wasn't up to the task?

Fck that noise, we're going to production

The market maker basically creates a liquid market offering quotes. Anyone can jump in to correct me if they have more experience on this.

They need to offload or take more shares. By offering larger or smaller order making the market think that demand is higher or lower between each other they "could" influence, supress or push up the share price.

They may want to keep it lower prices as it may he more liquid trading more (making them more money).

I'm not totally convinced at the moment, I think there is a big psychological barrier here and people are using the 3p mark for trading up and down.

Anyone with more knowledge on the mechanics we look forward to your views.

There will always be people willing to sell at a price. I bought at 1.12p so I'm more willing to sell at 5p than someone who paid 3p. Just like people who paid 0.01p will be willing to sell at 1p.
But the principle is correct, the market makers will push the price up if needed to fill orders

It's good to start with smaller investments when you're new to investing. Especially AIM.

I went too big too soon and took a few big hits along the way. Remember all losses are lessons and probably the best lesson I've learnt is keeping some cash for opportunities or averaging down.

1M ish took for a freeride at 3.6ish so my shares are locked up unless we hit 8 to 10p

At 8p I'd probably sell half and leave the rest incase it goes bigger.

If we go to zero I guess that's the game we play

Yeah, I think it's going that way.

In dreamland on your last comment though

I'd be happy to hold 3p until the next update.

Hey if we get to 8p I'd probably sell half my holdings.

Yeah don't get me wrong I'm happy with the update and it gave us a clear indication or the progression being made. But I wasn't expecting the SP to rocket up, this will happen as people get excited for testing results and if those results are good who knows where it'll go

We're lucky to have recovered to where we are. They update is an update to keep shareholders happy. The SP won't really move until there's a sniff of results or at least a new patent application logged

Yeah, I was thinking Intel are working with ARB which could result in a conflict of interest.

I like that the RNS although didn't give test results a clear timescale was given. Lots of info to direct I I'll have to cover it in detail when I've got some time.

I think FG needs to do an interview to clarify some of the info to the shareholders