Blue Star Capital Share Discussion Threads

[wapper] 14/3/2023 07:09

That's the one

[h66] 13/3/2023 23:13

Thak You Ragnarr:
Looks like the Spacewalk bridge on Kusama is live and operational. So it begins....

[ragnarr] 13/3/2023 20:00

Crypto Payments Specialist Stellar Bridges Fiat and Stablecoins to Polkadothttps://www.coindesk.com/business/2023/03/13/crypto-payments-specialist-stellar-bridges-fiat-and-stablecoins-to-polkadot/?utm_campaign=coindesk_main&utm_medium=social&utm_term=organic&utm_content=editorial&utm_source=twitter

[doodlebug4] 13/3/2023 11:39

Pendulum
@pendulum_chain
·
1h
🚨 $PEN trading is live on
@MEXC_Global
!

Thanks to everyone who supported us on this journey so far!

Here's to many more milestones to be completed 🥂

[come on] 13/3/2023 09:04

Well we should get news and would like to see a positive reaction

[stoxx67] 11/3/2023 07:32

hopefully next week a good week for BLU

[ragnarr] 08/3/2023 19:03

https://medium.com/pendulum-chain/pen-token-transfer-event-tte-39394cee9647

[doodlebug4] 08/3/2023 18:25

Thank you fairenough, sadly all that good progress isn't reflected in BLU's share price - as yet.

[fairenough11] 08/3/2023 17:40

Amplitude (Hiring!)
@amplitude_chain
·
3m
Replying to
@pendulum_chain
A great day to PENcil in our plans for a decentralized Forex future

And ampe-up to when $AMPE goes live on Zenlink

[fairenough11] 08/3/2023 17:36

meinhard
@meinharrd
·
1m
Replying to
@pendulum_chain
indeed, what a day

[fairenough11] 08/3/2023 17:25

Pendulum
@pendulum_chain
·
1m
📢 $PEN tokens are now transferable!

☑️ $PEN transfers enabled
☑️Sudo removed (Pendulum is now ruled by governance)
☑️CEX listing announced

What a day!

[fairenough11] 08/3/2023 17:22

Torsten Stüber
@torstenmove
·
2m
We fully rolled out @pendulum_chain:

- tokens can be transferred freely
- sudo replaced with proper governance

A lot more coming this month for Pendulum and @amplitude_chain!

[fairenough11] 08/3/2023 09:10

🚨 $PEN Listing Announcement

$PEN is coming to
@MEXC_Global
!

💱 Est. Trading Start: March 13th 10:00 (UTC)
▶️ Deposits enabled: Open
◀️ Withdrawals enabled: March 14th 10:00 (UTC)

[888icb] 07/3/2023 14:15

Here is the cash statement again:
“ “ Post year end, the Company increased its cash balance to GBP179,000 through the disposal of its remaining shareholding in NFT Investments and some of its shareholding in Guild Esports plc. The current value of the quoted investments held by the Company is approximately GBP147,000.”
There is a clear statement that they will seek to avoid raising further equity. There are other minor investments they could sell.
BLU has always been plagued by traders and the deramping traders are out in force today.
It’s very predictable and rather pathetic misrepresenting the cash position.

[jack jebb] 07/3/2023 12:00

MrWarren

Can you read ?

[haba1] 07/3/2023 11:18

wouldn't read into it. Doesn't take much to move the share price either way. Handful of investors threw the towel in this morning. I'm certainly not.

[ccr1958] 07/3/2023 11:16

Certainly market not happy?

[mrwarrenb] 07/3/2023 09:58

The stated cash position of £86,575 is from almost six months ago. I imagine there can't be much of that remaining now!

[dennisbergkamp] 07/3/2023 09:25

Makes sense - they’ll test the water on valuation. Doesn’t mean they’ll sell

D

[888icb] 07/3/2023 08:07

I think it is important to look at the full statement regarding possible sale of Satoshipay within 12 months. It’s principal purpose is to better understand current and potential value:
“ Blue Star currently has a 27.9% interest in SatoshiPay's share capital, which is valued on the basis of the last external fund raise in 2019 at approximately GBP4.72 million. It has been the Board's view for some time that the valuation of SatoshiPay may have increased significantly since the last fund raise in 2019. In order to assess the market value of SatoshiPay the Board of Blue Star is looking to carry out a formal sales process at an appropriate time in the next twelve months which may lead to the sale of all or part of its shareholding in SatoshiPay. There is no guarantee that this exercise will result in a whole or partial sale but the Board believes it's important to undertake such a process so as to obtain a better understanding of SatoshiPay's current and potential value.”

[pinkpudycat] 07/3/2023 08:02

The difficulty with this statement is that it will not reach anywhere near its potential within that period!

We could also find ourselves in a similar position as today with no updated valuations, what happens then?

[jack jebb] 07/3/2023 08:00

Only surprise, for me, in the results , is that the company now plan to exit Satoshi within a year.

Quite what its worth is anyones guess.