What’s In A Name?
On October 24th 2017 shares in AIM listed company Online were trading at 14p. The following day they changed their name to Online Blockchain. The shares subsequently hit 152p in January before falling on the back of Bitcoin and the overcooked crypto bubble but never the less were still trading at 81p on Friday.
Since the shares in online collapsed from £14.60 in the early 2000’s they never rise above 17p until the name change at the end of last year.
The expectation of crypto is truly amazing isn’t it?