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On-Line PLC - Blockchain name change

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The AIM listed company, On-Line PLC, is attempting to change its name to On-Line Blockchain PLC. As a result the company's share price has shot up at one point to 400%. This is ridiculous. It currently has a market cap of around £4m and yet produces no revenues or profits. The man behind ADFVN, Clem Chambers, is behind this illusionary company.

 

I mean how a change in name can relate to such share price action and performance is on the verge of both ridiculous and stunning. However the price went up around 30% today on hype rather than any real substance.

 

It may be a great company in the future, who knows. For now it is utter garbage. Its website is ridiculous. I mean how anyone would invest in this company by seeing its website is beyond me.

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