Member Info for SteveJones999

Terra Luna was/is capitulation- you need to avoid hyperbole ...

Lol- I check bitcoin when I read this capitulation and was expecting at best 2,700usd- surprised to see it 10x this- hardly what I call capitulation!

You can see the impact- this generally changes around once detail is analysed and US opens- so far, US Indices reflect the increase-

That's standard procedure for the "formal Sale process" TED are in- what you don't do is expect people to waste a lot of money on DD when not in a formal sale process.

What part of the RNS and the last one entitled Update on formal sale process" and the second line in the RNS SAYS "update on formal sale process" makes you think it's not a formal sale process?
So they thought I know, I'll waste all out management time and that of bidder in expensive DD process...

100% up for sale.
But this is not a fire sale so price will always be a premium on SP.
They do not need to sell.

The norm applies here- don't sell now after the drop unless you have too.
We don't know the reason for the failure other than what is in the RNS, the board clearly didn't like the make-up of the deal or the final price- they didn't back out, the bidder did, so the board were firm on their requirements, which were not acceptable to the bidder or the bidder had a change of heart for some reason other than the DD process.

Other bidders may come back and if The Board deem good enough, the price will jump from here else if not, the recent few RNS' demonstrate improvement and turnaround from the very low days- just hold from me, as clearly the Board and company is not in poor shape and doesn't have to be sold.

Not surprised- over hyped cars, over hyped company, massively over priced- fossil fuels still needed for transition for a long long time yet- I'd be worried if I were him!

The simple fact remains that no one knows- people post their prediction, and are wrong- then when they are right people think their basis is sound, then they post again and are wrong. Price can only go up or down, so expect to be correct 50% of the time.
Just make sure you're right when you have the most money invested.
As I keep saying, inflation hits miners. Need a change in this.

Send in Maverick

It's all about inflation- needs to calm - costs whacking miners ...

neilllmcmc11
I suggest you actually dial into presentations, normal investors do.
Then you wouldn't have to ask such questions.

neilllmcmc11
What?
At what point did I say I was expecting any info.
You need to read the posts and chill.

Of course they can't talk about it - other than it's in progress

Presentation just ended- no surprises, although i didn't expect any as the sale process is still proceeding.

As time moves on- those in the know will add a lot to make a quick buck.

2016 from what's in the text and sounds about right back then- shows what u can do when you don't worry about doing it properly lol

Yes, nearly at a free divi- go gold!

Agree Lodan1- poor performance and will open 5c lower tomorrow so yuk

Support is pointless - algos ignore it these days- just gives retail investors perceived comfort that simply doesn't exist-
Thanks FED for causing market issues today
Events drive SP....
5c will come off overnight