Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
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This launch has been received very negatively by the market. A great fund raise, OTC US listing great but still no positive movement. In fact seems to be headed South. What’s your thoughts sensible people?
OTC listing, nice, that's great news, wider access to US investors...they'll revel to get on board here. some brokers still not offering this yet...
Very early days, however the lack of recognised buying platforms makes the share incredibly weak. OTC is great be we need to sell in the UK as well through all the main channels.
It was always a punt and I guess the short term traders are piling out atm and putting their money elsewhere.
Im going to let it roll for the time being and see how the land lies in a month or two, hopefully things will have opened up by then and 5p will look like an absolute bargain.
100m shares issued when the company was incorporated in March 2020 @ a price of 0.001p (100m shares for £100k), a further 193m were issued in a placing at 1p per share on 6th April 2021 including some 4m to BLU. So why is this now trading at 4.3p? It should be cash value (3.5p) at best, but that doesn't explain why the share price rose 500% in 10 calendar days between two placings...
X-O offer this. My preferred broker. Cheap dealing and offer virtually everything but UK only
Thanks for the info, I didn’t know about the 1p placing, and that is totally my bad.
This explains where the sellers are surfacing from, the holders of those 193m 1p shares have been given a free dip into PI pockets....why were they not locked in??