Share price is climbing nicely, in fact there is a pretty thin ceiling at the moment all the way to .0033.
And... we hit it
When Ken gets back with info from his eAsic meeting (I'm hoping for proof of NRE being paid), we should see a large part of the risk being taken out of this company and the share price will reflect that. We're nowhere near the top.
Where do you see the price by end of week ?
What ate your midterm and longterm projections?
Honestly, with NRE being paid, pre-sales income rolling in and .0025 dividend guarantee I don't see why we wouldn't hit .006+ before leveling off without further news. But after my last estimate was fulfilled so quickly the red devil on my shoulder is telling me to estimate higher.
It's important for new to Active Mining investors to realize that the value of this company is in what is coming, not in what is being mined/paid in dividends now. We will be mining on our own chips (16 GH/s ea) and paying dividends on hardware, basically the same model as Asicminer. The one shining difference is that we actually know who is running this company and can even visit the facility.
Once activemining get approve in btct with IPO price at 0.0025, shares will be level to this price again.
Shares won't be released at .0025 once it is approved. Ken won't be releasing any more IPO shares without forewarning. Burnside is going to auto-migrate all existing btct.co shares to the new security and the market will continue.
I am very optimistic for the future of ActiveMining. I think we could hit 0.006 as well, and then once we have the avalons come online, who know how high it could go - and that's before hardware sales come into the picture
