re: Loyyal upgrade - Probably more important is Recruit Holdings investment in Loyyal recently to fund expansion.. RH are Japanese multi-billion dollar public listed and recent patents in Japan approved for Loyyal. It would be great to know pre-money valuation they put on Loyyal themselves as that will give an estimate on what Loyyals investment is worth for us holding 15% or what that was diluted down to?
Loyyal 2.0 is a huge upgrade which puts them ahead of competition but for us having minority stake unless a huge commercial deal $$$$ or contractual changes no point updating market on this day to day stuff. RFN need to deliver commercial deals / reseller rights under their own license and bring in $$$..
Re: SP action. It is interesting. I don't think there are any major holders that require bots to exit as you could just sell down at 0.005 and be done in larger parcels... I think it is being accumulated but there are games. I put a small buy in this morning pre-market and up popped a 0.005 sell automatically... Took it off then placed it in market and it was absorbed all by Chi-X.
SH / new buyers need to step up and take out 0.006.... but nobody is buying..Last T20 was ALL retail. So may get an updated T20 next week or so if bot volume continues see if anyone has sold / taken position. Not enough volume at moment though.
RFN Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held