A positive sp rise on a share issue2 Mar 2021 21:13
I believe there will be a share price issue in order to raise money for the crypto currency and platforms in United Kingdom and Singapore( I also hope Poland ).
I have come to this conclusion through the research I have done, but I would like to stress someone on this board has already voiced this, but was not listen to .
Although my research is not fully complete (working out costs etc), due to other events moving expediently, I decided to let this into the forum now, at the risk of severe criticism (which is welcomed).
Electroneum- is Uk based ,IPO 2017 ,$40 million . This is a platform base crypto currency platform and needed the funds that to set up its company and trading platform
Bit Pay U.S based, 2011 IPO $70 million . this is also a platform base crypto currency platform and needed the funds. The Company displays quite transparently its investors on its websites: Virgin, Index ventures,AME cloud Ventures, Founders Fund ,etc etc
There is many other examples of platforms being funded by companies but not (at presently at scripting this post) a platform funded by the ordinary shareholder , please correct me, if you know of one (I genuinely cannot find one).
I believe this share will fly if we can stop selling when the prize is so much higher. The less shares that go on to the market IF there is a issue the more they be worth and at initial offering, I sincerely believe you make more than you doing at the moment.
At present
If the price of this share moves 0.001 with a 1000 shares sold you will make 10 pence
f the price of this share moves 0.0001 with a 10,000 shares sold you will make £1.00
If the price of this share moves 0.0001 with 100,000 shares sold you will make £10.00
Now at the moment the share price is moving about 0.0020 and if you lucky you will make the following
If the price of this share moves 0.0020 with a 1000 shares sold you will make £2.00
f the price of this share moves 0.0020 with a 10,000 shares sold you will make £20.00
If the price of this share moves 0.0020 with 100,000 shares sold you will make £200.00
Now, as with CLP, RR and other stock when there is a share issue everyone wants in , they don't wish to miss out.
The stocks normally fly between 1.25 pence and 5 pence
1000 shares @ 2 Pence £20
10000 shares @ 2 Pence £200
100000 Shares @ 2 Pence £2000
If we raise the bar now the better the spread, more people would want in ,share price will raise. As I said we are in this together small, medium and vast shareholders alike .
Best Wishes Shalf
p.s With events concerning crypto currency unfolding each day anyone selling to enhance their position could find it extremely unfavourable later.