Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Not sure but when I looked earlier I knew if got to 0.0005 today would only be 50% down. To be honest I’d have sold out ages ago but can’t seem to ever sell on HL
Apple Garth...agree if I’d found this stock post Xmas instead of early last year I’d be far more bullish. This website was never on the radar until the pandemic but credit to them they reacted quickly when they saw an opportunity. If they can get keep growing this website content over the next few months I’d be happy putting my hat in the ring and say a 1p as the data harvested will be worth a fortune to any targeted marketing campaigns
Almost tempted to average down as think this could get back to 1m market cap if they can keep the positive news flow with the site
Only way is....totally agree those of us who’ve been around a while know how fickle this share is but just spoke to colleague and he just told me how much the data they collect in terms of email addresses, etc from this website could be worth after the lock down to any further marketing contracts. This contract isn’t worth 7 figures but the revenues after this could easily be. Think those of us who been around for last year may get our original stake back.
Well I still can’t sell mine on HL platform so wouldn’t get too giddy, very noble RNS but not sure how they will monetise it !
I’m amazed anyone would buy with this level of spread ? Tried again to sell on HL platform and wouldn’t go through, looks like I’m in until the end
Duke....I was hoping for more like a 1p dividend as got to be enough cash to cover, could also buy some shares and put in treasury until we do see a rerate. I’d be amazed if it didn’t get back over 10p in Q2
Am I missing something ? My screen showing it was 12% down at close ?
Oil novice....totally agree most holders are massively down and I can’t sell my shares whenever I try. To think they can get revenues ahead of debt is dream land. I hope I’m wrong but massive gap here between reality and real world. Can guarantee next update will say everything not happened in first half as expected due to the corona virus and we’ve lost a further £600k
I must be reading the wrong BB, I was looking for iconic labs !!! I’d love to think this would shoot back up and may just get my original stake back but can’t see it. Anyone want to swop 10m shares for a 4 pack of toilet roll ?
Mind you at this market cap value they could buy the company with this months salaries ! I suspect this is a rush to the bottom and we will suddenly find the assets will be snapped into a new entity when we finally crash. Prove us all wrong and be a few shares today
Totally agree...got to have skin in the game otherwise what’s your incentive to drive the business forward
So even at current BTC prices we are making profit due to our efficiency and will probably produce significantly more coins as people switch off. Therefore I’m less worried on this stock than most of my portfolio as I’m not convinced things will recover at some point. Believe that the company should be buying shares for treasury at these levels and when prices pick up sell the BTC and shares
Aj...100% agree even at the most tentative forecasts we have £4m sat in the bank use £2m and put the shares in treasury and couple of months sell them to iis and treat the gains as a one special dividend.
Placed a few very cheeky buy limit orders yesterday never thought I would get anything only to wake up to find world gone even crazier. Anyway my original comment was we have roughly £15m worth of kit paid for (yes I appreciate depreciation) and we are still making a significant GP even with BTC prices falling and we have a significant cash reserve, other than fraudulent activity (and remember this is main market and not the AIM) I cant see that this sell
off is over done this has got to climb significantly but may have to wait until May now.
When I set a cheeky buy order on Monday never thought it would get fulfilled, and checked in it’s going lower now do I double down and buy more. Annual profit will probably be higher than market cap shortly !
Totally agree...get it listed on the FTSE and stop the AIM crooks. With all the madness I’d missed the RNS this morning and on any other day I agree would have gone back up over 20p. That being said moving funds as we speak to capitalise on this drop.
Always a positive I suppose, if this was listed still it would have been wiped out today. Not holding my breath but if this could be sorted out think there is a profitable business here but as I say already ready written this one off.
Been watching markets all morning but missed how much BTC price had dropped so sort of get our drop now. Mind you we’ve discussed on this forum many times before that when the price drop below a certain level a lot of unprofitable miners switch off but we still make money albeit at a reduced margin. But thats offset by more production. It’s hard to know what stocks to buy in these crazy times.
I also think the BOD should be thinking about buy back at these levels and put in the treasury until some sort of sanity returns to the market. Think we could secure 20% of the shares and still have very significant cash reserves.