Member Info for Thatslifebro

Nice

I reckon ASTR NAV is around £16.5m right now i.e. 0.26p per share.....

Cash £5m

Tao £4.65m

ATM shares at current SP £0.63m

Subnet MCAP £6.3m

Plus minimum £12m per annum in Tao being generated.

Share price 0.115p

WTF!

I think they should cancel the ATM shares.....that one really took the p*ss......"let's just give ourselves 575m shares for later when we don't really need them" right after the f-ups of the raise and move to Aquis......no wonder investors were turned off and questioned the cash position. They don't need those shares they are raking it in now. Cancel them.

A broker research note from Oak would be nice too.

Sorry, on mobile....

Trainline PLC £48m profit before tax.....market cap £1 billion

Just saying.

Double the Tao emissions and double the Tao price and ASTR are bringing in approx £50m per annum. Trainline PLC profit before tax

Re the cash position abbysabyss.....I think you are going to be pleasantly surprised.

Why? Because the very same thing happened before a year ago. Lots of people very reasonably predicting there would be no money left thanks to the previous shyte-show. The company said nothing when all along they had £500k + sat in Solana.....that was a significant amount back then and was only announced in the Annuals. Same people still behind the company, same attitude is likely.

So the £5.5m left of the raise, some will have been used but I would be surprised if more than £500k gone because no overheads. ASTR may not have been charged for the move to Aquis as the muddle was not their fault, the brokers/advisors fecked up. Broker fees for the raise were to be covered by warrants.

IMO £5m in the bank or close to.

Probably more like £35k PER DAY in Tao coming in ...£12m plus per annum

Good point notready......confirms what MUST be true they are getting emissions from other subnets too.

The annual results are going to look amazing ......surely the shares should be A LOT fecking higher

So they must be earning emissions beyond SN127

Yep....I got it thanks

Sorry it's me who is wrong! So they are making even more than the £25k per day

That is a ball-park guestimate, only the company know the exact number.

21ATS you have a wrong number in there......RNS 11/11 number held is 1695 Tao

so in the 9 days 702.8 were generated or 78 per day

With the boost today they are getting cerca 95 tao per day which is around £25k

By my reckoning the subnet is bringing in around £25k perday, 24/7/365 in Tao AND RISING. £9m per annum. ASTR should be valued in multiples of that PLUS ASSETS.

I'm glad they have ditched the old nonsense plan of becoming "a billion pound company with only one employee"

The subnet ralyying strongly again now.

I think the reasons why they had to move to Aquis remain the same.

Yes Vern the subnet just gone MENTAL

Personally I really like this RNS.

Yes, they would have sold the other combined crypto holdings at a loss (great for tax purposes) and switched it into Tao.... which when markets recover should do the best out of all of them. Less than a month ago Tao was at around $530. The company is all about Bittensor so this makes sense, not half-in half-out, real confidence.

Yes, no mention of cash but only a few weeks until the Annuals and we will find out.

I haven't heard of the new CEO but the Siam Kidd is verywell known/influential.

Here's something VERY positive whatever happens......

In the 9 days since they gave the last update ASTR have earned 702.8 Tao in emissions. That is 78 Tao per day, basically the equivalent of ALL the emission that the subnet is producing. So they are getting it all ann/or possibly mining/validating on other subnets?!

Great numbers and the company showing real confidence. The Bittensor community will love this.

Maybe tonight 📈