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The wheel won't really turn until the seller is out, was in syme recently had a big seller there once cleaned it 12bagged in 2weeks,so patients is the game here, can't possibly go wrong at these lavels so just hold your tickets.
Chris, your in luck there's been a seller here for past 2weeks and kept the price down, once finished this will rerate towards 15p first stop, I've posted figures yesterday just oll back. Gl in getting in this morning...
Production 126btc per month, btc@$17k=$2.2m
$2.2x12=$26.4m revenue
Profit $15m/£12m
PE10=£120m/38pshare
Based on current production and $17k btc price, expect 200btc month from Feb and btc much much higher, think it undervalued at 9p,just need the seller out.
Must say I've kept well clear from bitcoin over the years, but something has changed recently, pay pal making bitcoin more accessible, central banks around the world recognise bitcoin as a currency, looks like btc is here to stay and can't see it going back down again, huge profit margin for Arb at current btc prices, can only go higher imo.