How much wasted effort is used dealing with the ‘nutters’. Can’t remember who it was a month ago put on how to block people. Save yourself loads of time and stress and just block the people who clearly have an agenda or talk rubbish (off subject a lot of the time). That way we can get this BB back to an informative channel about developments about the Company. I’m fed up of having to trawl through 50+ messages to get the true posters who share knowledge. Rant over....
RE: China Plans Retaliation CNBC Headline.16 Aug 2019 19:44
As long as prices goes back up...think the nonsense a few months back about the pentagon buying won’t work again but if prices increase that will help drive the price back up but suspect lot of up and downs to come !
To get to a market cap of £600m you would need WN to be in excess of a 100m barrels (fag packet calculations) but near enough. Would be nice but think unlikely...right now let’s just be happy to get above 1p and then see what happens ?
Dshox...I think someone said the other day some of these sellers probably bought in at 4p and taking profit. Probably non have even looked at fundamentals, I can almost see it a few months time the cash reserves are bigger than the market cap !!!
Thanks for the thoughts idiot...guess what I’m in the not so sunny France !! Was okay but rain suddenly hit today. If we are vulnerable to take over at these levels maybe we need buy back to push the share price to a fair value. I’m of the same opinion that I think £1 is a realistic target with in the next 12 to 18 months.
Hi Idiot, just had chance to read the align note in full as (raining on holidays) couple of bits stuck out for me and wouldn’t mind getting your view or understanding.
1) It references ‘virgin coins’ trading at a premium ? Is this happening yet or is that something that could happen once more institutions starting moving towards crypto?
2) The second point which I think you referenced in one of your posts was being bought out on the cheap...the note references Hive as an example, do you think they would consider if the current deal didn’t come to fruition?
When you put it like that I have the urge to buy another 50k today !!! I guess what would make my desire to take a much bigger stake is to understand what the direction will be over the next few years ? Start paying a dividend ? Share buy back ? Keep increasing capacity with new purchases each quarter ? Use capital for acquisitions ? Guess going to have wait some time to understand strategy and direction but one thing for sure it will go up at some point !
I tend to agree, I’m so far under that reluctant to add more but current market cap is just over £500m and brain tells me easy bounce back but how much lower can it go when trying to raise another £500m ?