The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Perhaps it’s the start of the share buyback that was approved ? Amazingly not impact whatsoever on SP !
Trek....what makes you think we are in takeover territory, I was always worried about it at these levels but just not experienced enough to see the indicators ?
Morning Ged, thanks for posting as not showing on here, does the RNS state what the new hash rate is with added machines ? I’m sure someone cleverer than me could work our if not as be interested to know what affect it will have on production figures per month. Prior to this I sort it be around 160 BTC for the month.
Another tick for me though, want a bit of share buyback, continual but controlled expansion and some degree of HODL. Oh and just need SP to increase !!!!
ASide from our resident troll, anyone seen how zcash is flying tonight....10% up and we have 3% of the mined capacity ! Did anyone ask AGM what they did with the coins mined ?
Splatted...I filtered spitfire the other day, first troll think we’ve ever had on this BB, maybe a sign we’ve turned the corner if we’ve got our own troll !
If this is true but could be the catalyst that pushes the BTC price forward massively as paypal is a brand everyone is aware of and signals a massive move for crypto into the main stream. To be honest I’ve avoided buying crypto directly as a bit of a Luddite but suspect someone like PayPal would make far easier to access.
1.25m
Never felt the urge to use the filter button on this BB before but first time for everything !! Without wanting to be accused of ramping can only see these levels to be fantastic point for the company to do the share buyback and leave in treasury until such a time as the SP increases.
Anyone had an acknowledgement to question submitted for the AGM, just wondered how they were going to address on the day as no way for us to see unless they are going to stream or record and publish after the event
Trouble is you could spend £15k and buy 3% of the company but wait for EGHOS to dump another chunk of shares in the month and you’ll be left with £7.5k....the next 8 weeks so will define the future of this company. If it’s the same old formula then they are honestly doomed.
I doubt we are going to see a 300% rebound anytime soon with ICON. The best we can hope for in the very short term is they announce as per the RNS earlier in the year they will have sufficient funds to avoid using anymore of the awful funding from EGHOS in the second half. My guess is we will get an RNS in July saying they hoped to be self financing in the second half but Covid screwed it up and they need to draw another huge chunk of money to keep the lights on. But I also suspect they need a bit of good news before that RNS to push the SP up so EGHOS can sell into the spike. Only my gut feeling but been very predictable over the last 12 months as I have bought on the lows and sold on the spikes but never gone this low before so they need to be careful they don’t dilute the business so much that it’s impossible for even EGHOS to get any return.
It’s like Alcoholics Anonymous ! Guilty but don’t tell the missus as she only knows what’s in her ISA account
Just tried HL 4.01p offer but 4.19p to buy so spread quite normal...next weeks AGM can’t come quick enough !!! Quickly followed by June’s RNS and let’s hope difficultly is kind
Big spread this morning ? Almost like they don’t want you to buy shares at the minute...might just see what a dummy trade is offering
Spitfire... I suspect most LTH’s share your frustrations but I’m not sure the fundamentals are having any bearing on the SP. Also not sure the BOD are the cause of the stagnation of the SP either. To compare it to a scam is way over the top as this isn’t even AIM it’s main market so has far more regularity oversight.
The company is making profit each month and says its addressing costs so for me it’s going in the right direction. Suspect it’s going to be patience required with this stock and I hold as I believe in it, if I didn’t I’d sell it.
Finally been on this BB for 18 months and truthfully say not really seen anyone ramping, probably most contributors are LTH but share frustrations with group.
I think it’s good we are up just need to hold the gains into the following days trade. I think BTC move up has helped massively.
Thanks for the link Icebank....
Morning all, just been looking at blu as someone gave me a nudge to look at done a bit of reading and not worked out link to leaf ? Anyone help me out ?
I set my buy order last night when I saw how much Canada dropped and got filled at 43.8p so it’s the share that keeps giving !!! Be nice to hit 50p again on Monday morning
Argo look a far better bet than Riot based on fundamentals I know SP doesn’t reflect it but I know where I’d rather have my cash