Member Info for Thatslifebro

I am pretty sure when they announce a further crypto investment it will give the shares a lift.....but they should keep some cash too IMO. Yes would be nice to know the exact cash position too.

Olivia Edwards comment on X today :

https://x.com/hashtag/ASTR?src=hashtag_click&f=live

"🔸With shares trading below NAV, no intention to raise equity at current levels. The ATM is there for stronger market conditions

🔸Focus: growing the crypto treasury, exploring non-dilutive finance & OTC listing for wider reach"

Hopefully that is what we are getting now......I am sure when the sellers dry up we will get very decent bounce. I would add more, it is v tempting, but I am already fully loaded up to my n*ts.

Good morning L200, yes it was only a few days ago that your most recent purchase was looking like very good timing. Some more chunks being being sold around 0.13p this morning. I really don't understand why anyone is dumping their shares at this level when they are so far below NAV but I hope they dry up soon.

Adjusted numbers to include the current value of the new subscription shares (this time using current mid-price of 0.1325p):

Astrid crypto value this morning approx £5.7m

Cash conservative estimate £5m (£5.5m minus whatever they have been spending)

Subnet market cap via taostats £320k

575,242,361 subscription shares currently worth £762k

Total NAV £11.782m

Market cap (@0.1325p/6,327,665,972 shares) = £8,384,157

The shares are sitting at roughly 71% NAV and they therefore have an mNAV of 0.71

An mNAV of 1 would take the shares to approx 0.186p

So far so good with ETH. Solana also investment looking very good. Both are staked too.

Very good point VernetLes.....currently value of those is around £750k and they will hopefully get considerably more in due course. Will adjust the numbers but off on school run first.

Astrid crypto value this morning approx £5.7m

Cash conservative estimate £5m (£5.5m minus whatever they have been spending)

Subnet (difficult to value but taostats market cap says $433k) £320k

Total NAV £11.02m

Market cap (@0.14p/6,327,665,972 shares) = £8,858,732

My rough estimate is that the shares are sitting at 80% of their NAV and they therefore have an mNAV of 0.8. An mNAV of 1 would take the shares to approx 0.175p

Conclusion....IMO the shares are definitely cheap but could use some good news to improve sentiment and take the shares above mNAV; either operational news, a decent rise in crypto prices and/or a major increase in performance on the Bittensor subnet. Very disappointing where the shares are currently sat.

It's because you bought below the mid-price it automatically registers your trade as a sale. ADVFN used to do the same but now it seems they have changed whatever system they used and your trade is recognosed as a purchase.

Defo more lively today, emissions rising gently. Shame the shareprice isn't rising too.

......looking lively again after a quiet few days. Alpha price and volume have risen again and the emissions are just starting to tick up; hope that continues. Meanwhile the sundae bar (SBAR) subnet is looking very strong and an example of what our subnet will hopefully look like soon with their owner emissions currently 4.4 TAO per day.

All the ASTR crypto looking v healthy and all are in the money now. Current value approx £5.55m

Thanks for explaining Lok. Hopefully we will see another lift in emissions and volumes etc in the coming days.

Thanks for the new research Lok, a bit above my head but....

I just looked at Chutes, ranked #1, and their ADR is below 1 (0.84)

Targon, ranked #4, is also below 1 (0.64)

I didn't look further but I assume there will be more of the bigger subnets below an ADR of 1.....so perhaps nothing to worry about?

I spoke with HL yesterday and complained the ASTR price had not updated since last week and was stuck at 0.12p.....looks like they have fixed the issue now. It's 15 mins delayed as on the AQSE.

Yes, another embarrassing one that......again it is the advisors mistakes making them look silly.

SWC don't have a subnet making money 24/7/365 and are barely in the money on thier bitcoin investments. Does't look attractive to me.

Well, I'm happy with everything except the share price of course.

That is a facility they have put in place to raise fund later, not now.

I would be more concerned if they invested everything all at once. They seem to be investing very sensibly to me.

If you got a big lump of money into your investent account would you chuck it all in straight away or take some time building a sensible spread of investments?

I make it £377,625 Olivia Edwards has put into #ASTR so far (15m@0.35p/13m@0.38p/125m@0.2p/17.5m@0.147p)

They don't need to invest it all at once.

Olivia Edwards has bought 17.5m more shares......

https://uk.advfn.com/stock-market/AQSE/astrid-intelligence-ASTR/share-news/Astrid-Intelligence-PLC-Director-s-Dealings/96790987