Member Info for spaceman07

I get what your saying but doubt anyone a BB would know that, it's a question for PW.

$43.4k now

Yes it's holding up well there is huge support 39.6k/41k, I think it's bottoming out personally.

From the launch of the public offering the Sp was £1.33 taken from the last closing price, the actual pricing was around £1.09. Had the price been £1.33 it would of raised an additional $26m, that said to attract institutional buyers it has to come at a discount. You could argue that most of the gains in the Sp post the proposed launch was solely due to sentiment about the Nasdaq. PW has no control over this. There are alot of variables that need to be taken into account when pricing an IPO, chiefly the BTC price. Its fallen from the highs and seemingly stuck in a range atm. Where is the attraction whilst there is still uncertainty surrounding its price? If you price these things too high it doesn't look very good on the first trading day.

I'm not entirely sure as i don't have any access of info/or the time but didn't we file a registration statement on August 20th, therefore the quiet period ends this Thursday?

PW doesn't care about existing investors that's rubbish imo. To start with the Sp got ahead of itself that's not his problem, BTC also came crashing down again out of his control.
Jeez this raise hasn't been much different to many other companies I've been invested in over the years. It's raised a significant amount of money that we needed and the discount has to be attractive. It's been put to good use, the amount of placings I've seen over the years elsewhere squandered, saying its going towards this and that and squandered on working capital/wages etc. I know its an IPO but a raise all the same.
These new shares will get flipped time and time again, the company is moving forward so much to look forward to if only some can see past there noses.

Give it another week/month and the Nasdaq effect will kick in, i don't see it taking off immediately you'll always get people buying in any IPO/placing etc to just dump the shares for a measly 10%. Once they've flipped the real increases in Sp will kick.

Choo Choo

Now

Wake me up at $27 plus

Imo the Sp has had a nice run up and you could argue its mainly due to Nasdaq sentiment, BTC price performance hasn't done us any favours falling off from key resistance levels. So it's hardly due to that, i suspect a little froth has been taken out the Sp. No dramas!
There must come a point when sentiment/anticipation takes the Sp so far before levelling off. Tomorrow is another day and suspect the first day or so of listing might be choppy. It's even difficult for traders until it all settles down.
Imo i don't anticipate much downside if any, if anything it could fly out of the traps. Might stay flat for a while and pop the next day, but i don't see any reason why it should drop.

No I'm guessing alot of people are in decent profit and happy to sit on the sidelines until things settle down. Anything could happen volatility wise first few days, ive been comfortable adding though. The yanks love this type of stock and imo it's way undervalued.

I don't think so it's in lower range support bracket 39.6k /41 ish, to be expected imo but we are about to come out of the summer lull period when BTC price performance really kicks in. Did say anything between 41k/47k I'd be happy leading up to Nasdaq and anticipated strength in BTC price.

Wouldn't surprise me at all once BTC breaks out of this consolidation pattern perfect storm. Not anticipating that until October though.

BTC price performance is historically the worst between June and the first week of October, I'd be happy with consolidation at this point anywhere between 41k/47k. The Nasdaq listing will be a major plus and lift the Sp imo, timing should be excellent just in time for continuation of the bull run.

Toger - The PME's are basically to attract more people to get involved in the auction. Assuming more people get involved it'll help narrow the gap between the indicative uncrossing price to the current market price. The call period of the auction will also continue for five minutes to allow people to place orders. If the price cannot uncross they issue a second PME and a further five minute call period until an uncrossing trade can be reached. Largely to do with volatility in the auction period.

I've been buying chunks on the dip they'll be fireworks here imo pretty soon, these prices will be long gone.

$2.34 in the US of A £1.695 ish.

£1.585 over the pond, a bit of catching up to do!

Probably good timing for ARB having this flash crash before we join the Nasdaq, at least we only dropped a few pence. The Sp wasn't doing much anyway apart from being held back, should of been far higher by my reckoning!