Blue Star Capital Share Discussion Threads

[bionicdog] 20/4/2022 20:11

You certainly know David's catchphrases , but I'm not convinced.

[bionicdog] 20/4/2022 20:08

Is that you David?

[boinicdog] 20/4/2022 20:05

I have bought heavily based on David advice. 1p remains target.

[ben gibbons] 20/4/2022 18:22

My concern is we've all talked about blu going into the 60's off the back of good dynasty news etc. but after the year end figures and dynasty news we are now back in the 30's. I'm not convinced at this point we can get there now. Mark white talked about being in the pennies on LSE in Q3 but again I'm not convinced now, plus blu is clearly being heavily traded.

[888icb] 20/4/2022 17:18

This is what Mark White said:
“ Glad news is sinking in ! Being invested in small growth companies there is normally always the risk of dillution, which can scuper any gains and momentum when rising. This has been removed - I think the comments around Mr Lew should be curtailed a bit, this guy has technically never earned a penny from being CEO of BLU. He gets paid in shares and has never sold a single one . Anyways - Exciting times ahead for us all.”

[888icb] 20/4/2022 17:15

The comments of the large shareholders who prevented the dilution may be of interest:
“ I voted against dilutionToday 09:12
No surprise our shares are up

There was no way I wanted to risk any more dilution

So we made sure no crazy option package and no acquisitions as Satoshi and Dynasty are enough to get us to 0.6p plus

Still cheap in the 30s

I think Dynsaty will be worth 0.4p to us within months

So Satoshi in for nothing

Meinhard is a genius and can “invent” anything

Also very interesting that the Canadians never voted which makes me think they have sold out

So another overhang gone

All good news”
That was Nick Slater.

[jfreshfield] 20/4/2022 13:19

Moron is still here I see

[zxie] 20/4/2022 10:19

Strong volume again

[ben gibbons] 20/4/2022 09:50

What is everyone's thoughts on the rns yesterday.... Does anyone think it's a good idea not allowing share dilution? Personally I think it's good because we won't be diluted by a placing but as someone mentioned they could end up having to sell off something that is driving up the share price Thoughts please Ladies & Gentlemen :-)

[888icb] 19/4/2022 16:51

This is Nick Slaters comment as viera on lse this afternoon:
“Great newsToday 14:43
No more dilution without consulting shareholders.

We have two great assets which is enough to get a share price at least double where we are at the moment.

Surprised we aren’t better on this rns.”

[888icb] 19/4/2022 16:45

I imagine Mr Slater also voted his shares alongside Tony and Mark. Many thanks to them and any other shareholders who assisted.

[hazl] 19/4/2022 16:40

We are lucky to have Tony Fabrizi and Mark White

on the small shareholder's side.

[888icb] 19/4/2022 16:32

Mark Whites post is the correct strategy for BLU and it is excellent news that the Board have been denied the ability to issue more shares. Once the market realises we can’t be diluted the share price should start to rise again.

[doodlebug4] 19/4/2022 14:15

Mark White posting on LSE:

"RNS - Resolutions 4 and 5 voted down, which means the company can not do a placing or dilute our holdings. The main reasons this was voted down I believe is that we do not need to raise money to run the company, we could easily sell LEAF, GUILD or NFT, which will give us enough money to see us through to 2024. We have hit the jackpot with both Dynasty and Satoshipay(Pendulum), so rather than chasing another rainbow I think it is the belief of shareholders that we should wait until both Dynasty and Satoshipay come to fruition, and concentrate on these, our two flagship projects, which should on their own send us in to the pennies. For me the future is bright, the future is BLU and todays AGM results is a favorable one for shareholders. Good luck all"

[professor liar] 19/4/2022 14:04

Or they do nothing. Sit and wait for one of the investments to come to fruition.

[jason_scrap] 19/4/2022 14:00

What happens now they can't allot shares... stupid pi's again... I'll tell you what, they either have to sell a chunk of the assets which is what's driving shareprice growth or they end up with some sort of death spiral financing... company had 290k cash 6 months ago, which probably gone by now, and shareholders just blocked them raising. Silly move that

[danessex] 19/4/2022 10:38

Looking like helium one could possibly be the next craze