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Without wishing to come across as negative (more to temper the expectations of some) could it not be that the video is dropped at 0700 as it’s a good time to drop a pre-recorded video (a bit like an unofficial RNS) with some nice info etc.
Just mentioning it so we don’t have a few of the posters on here running around screaming that the sky is falling!
Guess we’ll find out in a few mins... GLA
Quite obvious really and you don't need to pretend your an ex investment banker or chart expert to see...
People bought shares when the price was high and they've been spiked big time. Said people jumped on the bandwagon without doing research thinking that this was "going to the moon" and NASDAQ was just days away. They're now hysterical and are selling their shares at a loss. Who knows if there's a big seller or not but enough people doing that will obviously drive the price and sentiment down.
People saying something is wrong etc. are the ones who are wrong! We've just had our best mining results ever and are almost top of the class when it comes to BTC mining. We're absolutely nailing it!!
I've no idea if there is a big seller but at the moment there's a tonne of hysterical pretend experts who are selling their shares and driving people away with some deranged conspiracy theories. Yes I agree that the £2 placing was crap and yes I didn't like some of the dilution earlier in the year (3% didn't bother me) and YES i'm ****ed that i'm not still at 400% profit but to suggest something is inherently wrong is factually incorrect. The latest results (you know the results of what the company actually does) are excellent and as such, operationally at least nothing is wrong.
Makes me laugh some of the posters on here... been in and out of the share more times than Berlusconi at a bunga bunga party! Every time it's the same old rubbish.
To me looking through the posts over the last few weeks that there's a group of spiked/underwater posters that have obviously been in the share the last month to six weeks and those that got in any time prior to our big gains a few weeks back.
For those sat on the sidelines and looking at the share then I'd suggest watching the numerous videos and Q&As that ARB have posted, looking at the last few months of RNS and then looking at other mining companies and their share prices.
Yes I'm disappointed that i'm not still sat in a place where I'd well over tripled my money when we hit £3.50 but I still think the work being undertaken by ARB will see this come good. The next 10 days or so could get a little interesting if BTC ends up being pushed down around the 21st of the month but just chill.
To me there seems to be a lot of complete hysteria over the current share price which is actually causing more harm than good. People need to chill out, adjust their expectations (as I have from £4 by the end of March) and let the company do their work. That doesn't mean you can't hold them to account but it also doesn't need wide panic and utter rubbish being spread.
Surprised to log back in today to see BTC sat where it is! Could well be a decent afternoon if the US decide to pick up some cheap mining stock.
Have to admit i'm keeping half an eye out on the middle/end of next week. We've seen a monthly pull down on BTC around the 21st - 23rd of the month lately. Hopefully we can pick up some momentum over the coming days into next week.
From the note:
Valuation: We are currently using a DCF valuation to derive a price target for YUG. In
this calculation, we remain somewhat conservative as the country comes out of
lockdown with post-COVID impacts still relatively unknown. The result is an equity
value of ~£81m, translating to a share value of 500p, ~78% higher than the current
share price. With this type of potential return, the stock warrants a Buy rating.
I wonder if we’ll see a bit of a SP rally towards the end of the week and at close on Friday.
The last couple of extended weekends/bank holidays here or in the US have seen some big price increases. Add to that the chance of a positive RNS (ops update) landing on Tuesday morning and there may be a bit of FOMO.
Guess we’ll have to wait and see!
Very good RNS in my opinion (working in sustainability). Aside from it being another unique thing ARB are doing to the competition it makes us far more investible from an ii perspective when looking at ESG (as has been mentioned).
It’s also nicely timed as we’ll see some more positivity coming to the share again, coupled with futures expiring and an ops update to follow and I’d like to think we’ll see a nice week or two before end of the FY and that all important RNS later down the line.
For me, this is becoming a bigger and bigger deal in terms of an investment as it appears we have a very forward thinking and innovative CEO on board. The risk now isn’t BTC but keeping PW in place for many years to come :-)
Just like January (40s to 20s) 150s to 60s..... zoom tf out and take a step back :D
BTC futures set to expire, all the news we know about, operational update and a long weekend coming (historically creating a surge). Not intending to ramp just allay a little bit of the fear for those a way bit down who are hearing all sorts of chatter. This is not new! It's happened regularly. The current price is the same as the end of Feb.
DYOR & WTFDIK etc. but we've seen this before pretty much every month in 2021.
Tbh - other than those looking for a quick profit I’m not sure what the clamour is for the Nasdaq news. Personally, I’d much rather see that RNS with a SP in and around the high 200s, BTC into the 60s, increased sentiment after an Ops update and a new tax year for U.K. investors.
To use a cycling analogy... for me it would be a bit like getting a puncture and using a patch, I’d rather take the whole tube out, chuck it in the bin and put a new one in.
But it's not a similar story is it? 4D was an RTO and has listed straight onto the NASDAQ. ARB has been uplisted through the OTC and has grown a US investor base as a result. ARB now also meets the NASDAQ requirements in it's own right.
I know very little about 4D but i'd imagine ARB already have a relatively strong footprint in the US compared to 4D. A quick look on Stocktwits shows that they have 170 followers compared to 18,000.
If potential investors haven't heard of the company or don't understand what they do then being on NASDAQ isn't going to instantly raise the price. We're lucky already in that we have a lot of people following ARB not to mention what we do is relatively straightforward to understand..... we print money :D
I'm not sure they are trading on the NASDAQ. It says they're OTC Grey Market https://www.otcmarkets.com/stock/FAMDF/quote
ARB isn’t on Nasdaq it’s on the OTCQX having been up listed twice. It’s SP had begun to increase prior to its listing on the pink slips. I don’t disagree though that a dual listing certainly boosted the SP. We’ve (ARB holders) seen a number of huge gap ups as a result.
I think this is a bit premature (no pun intended) but having bought in at a similar level to what I paid for ARB I’d obviously love to see this continue to climb. GLA
Yep! Softly softly and all that.... just thinking out loud from a post I wrote earlier after reading about US retail investors...
ARBKF currently has 18103ish following the price on Stocktwits (no idea how many here). US retail investment was last reported as making up 23% of all US trading with approx. 54 million independent retail investors.
I hadn’t really thought about it before and hadn’t “zoomed out” as I’ve suggested previously. That’s a lot of people... sure there might be plenty that know about us that don’t like us but as it stands we are banging out some serious numbers to match the household mining names.
To use JVT or PW analogies in football.. we’re kind of like Jamie Vardy when at Fleetwood Town, we’re under the radar but we can mix and beat the best of them. Just takes that move to the ‘big league’ and everything slots into place.
Let’s see when we get there... it won’t be overnight but sitting on your hands will give you at least 0.001% more than your 0.001% ISA and more than your company pension.
I think the reason that it is where it is is largely due to the churn of the PB shares being sold at say 20% profit (200p issue) and also it has put off PIs on both side of the pond. There will be some, like me, who were initially unimpressed but have seen the value of diversification and Pluto and there will be those who claim it's "to keep the lights on". There's been a loss of sentiment since the issue and it's been a bit unfair really, largely driven by the uninformed or those who have been spiked and are upset as they are underwater. All IMO of course.
:D Good advice! I find it kind of interesting the very quick sell offs (and buys) that occur both here and in the states at the slightest fluctuation in crypto prices. It's a bit like when we get the posts with.... BOOOOOOM $58k and by the time you've checked it's at $57458 or something.
I've quite enjoyed my foray into chucking some of my usual weekly 'beer money' into BTC. It's only pennies really but it has given me a far more balanced outlook. I've woken up in the morning at 0600ish and it's been down a couple of thousand... gone out for an hour or so exercise and when i've checked with my coffee it's hitting ATHs.
As has been posted many times on here before it really is worth "zooming out" a bit before stressing out.