Member Info for Sharpey

"there are none so blind as those who will not see"

So how do they then pay back what they've borrowed from the ATM?

SWC now at close to NAV. If they use all that money to buy Bitcoin how are they going to pay the loan back without selling the Bitcoin? It is an asset that generates no income - just relies on going to in value. As I've posted before we'd all have been better of investing in FAU, up 900% in a year!!!

https://www.marketindex.com.au/asx/fau

Good consolidation here, taking out the short term holders looking for quick profit. I'm really excited about this stock. Even if we get to 1% of Palantir (who this company is now working with) that's £3.14bn mcap. That would be a share price of £1.52.

@DRCed - Wowzer!!!

https://www.otcmarkets.com/stock/HASTF/overview

I hope you're right James as I've still got my 0.8p warrants!

@uNkwn - that's an impressive trading strategy. Well done 👏👏👏

@40034427 - Yes I think you're right. MILA has really annoyed me though. I sold some at about 0.5p in Aug because it wasn't doing anything to buy this around 3p. Now 1.57p because some bloke in Leicestershire has bought 5% of the company. I did make about 50% profit though in quite a short space of time!

Are you up or down uNkwn? If anyone is up on this they've done really well!

I'm kicking myself I didn't just sell at end July beginning of Aug. At one point I was 700% up in my SIPP. But I thought this was the next Smarter Web Company!

@40034427 - I agree. GSCU looks like it's finally turned.

...for a £1,654.11 profit.

I feel very lucky given the situation of others. I'm going to take this as a learning point. I really hope others do too!

I'm so sorry to read that bah1.

With all my trades of this I've ended up with 200k shares at a break even of 0.73p. I bought my first batch at 0.8p and sold a chunk at 6p.

Currently sitting on a loss on the Bitcoin. They bought 20 at average.$88k and now $84k!!! 😭

Down 77% since 1 Aug. I have to ask myself, was this a pump and dump scam? The BOD doesn't have to be involved. It can be unscrupulous people online pumping and then dumping!

FAU shareholders have done well. Up 900% in a year! I sold my initial stake at 6p, then stupidly bought more, then sold 75% last week at 2.4p. Tried to sell the last 200k at 2p today. Was quoted 2p sell and trade accepted but showing as not executed. I'm taking this experience in the rounds. I've made way more money on other stocks that more than compensate for my loss here.

https://www.marketindex.com.au/asx/fau

Back to a stupid spread with MMs just increasing the ask when they get someone willing to pay a high price. Absolute crooks.

It's behind a paywall so you have to pay TW to read it.

MMs have really messed about with this. Massive spread and always trades at the top of the spread so they don't have to raise it.

There are a lot of people with big paper profits, some 10,000%. Many of these people will cash in, and who can blame them??!! This is causing the fall IMHO. I'm still up but no where near that level so I'm not one of them. Besides I can see the potential here. Once they announce their first contract with the MoD this will 🚀. I can't see how the MoD can be involved in building the product and then not buy it. It'll be like someone designing a house from scratch and then deciding they didn't want to buy it!