Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
Agreed regarding ESG and the comments PW has made recently AgentB.
I work in that field with companies to support them in meeting requirements for the Dow Jones Sustainability Index so am aware of the importance. In the recent interviews PW really comes across as understanding the importance of sustainable mining.
There are huge benefits in harnessing renewable power generation, not just from an environmental perspective but it can and does help to reduce costs. ARB have the opportunity to place themselves at the forefront of sustainable mining which will attract even more investors.
£2.02
LordPaul - £1.70
AC177 - £1.78
Technick - £1.90
Dadsbatty - £1.82
Axelrod - £2.58
Saint-tropez £3.67
Cwalsh - 175
Longrun - £4.12
Dr long - £2.23
Northeast14 - £2.35
MarkA8178 - £1.85
bigAl67 £2.96
Cando - £4.23
Terewok - £2.17
Pa11ma11 - 1.78
CHELMOCHASER 1.80
HawkesBay - £2.20
Adamskiii - £2.02
P.S: Anyone adding should just copy the most recent list and paste under same subject and add your name therefore the list is updated that way with each individual adding their fantasy prediction. Just makes sense thus avoiding the need of a listkeeper.
I know it’s been said a few times before but I invariably miss the posts on my phone... regarding listing on NASDAQ was it $2 and then maintain that level for five consecutive days?
I’m not sure what PW has under his sleeve but I wonder whether a nice RNS timed next week might be good to keep the price up and above $2 in the States.
I’ll be honest I don’t know enough about their buying behaviours and this might be a natural re-rate and recognition of Arb being undervalued compared to Mara, Riot etc. in which case it won’t be needed.
Just after some of the slight “scares” and I’ll use that lightly of recent weeks with self offs and tree shakes etc. whether it might keep it stable and nicely ticking above.
Obviously it could be that we’ve quite deservedly broken out of our shackles and we’ll see U.K. move up to £1.80ish. We’ll then want to keep it there as I’m sure there’ll be a few LTH quite rightly looking to sell and sit in the sun.
I don’t have a huge holding averaged up from 0.38 - 0.79 and possibly up to 100 but personally this looks like it’s got the legs to go a long, long way!!!!
Just looking back at the last few weeks of highs and lows with the SP. We don't know for sure but if we end up at around this level close of play on Friday I think we can really say it's been a positive week or two. Even with the inevitable sell offs in the morning and shakes we now appear to be holding relatively resolutely well above 100p.
It was only a fortnight ago that we were swinging around between 85p and 68p in a matter of hours. If we can continue to consolidate and build steadily from here things should be very, very interesting when we get the Feb Operational Update.
Things are looking good!
Instant gratification and instant results in an online world.. It seems to be the case with everything and channels like Stocktwits drive that instant want. They should chill out and see the huge advantages that are brought, unfortunately they don't see that they hold the price back as much as dilution.
Anyway i'm sure there's other, more savvy investors or institutions that will be looking at Argo and the RNS and will pick up some of these shares. They're probably more likely to hoover up the whole lot instead of half a dozen from someone who's trading from the classroom.
It's not mined by Argo. More info here: https://www.coindesk.com/gamestop-dogecoin-new-market-paradigm
Got caught out a bit last week so if it does drop I’ll be looking to average down a little.
With considerably more workplaces open in 2021 compared to 2020 and the success of the vaccine rollout this is looking really promising!
Looks like it might be another repeat or even improvement on the 19th Jan!!
https://www.lr.org/en-gb/containers/iso-container-certification/ Bit of info on the ISO certification standard that LR audit/certificate against.
What I was pondering was whether contactless transactions becoming the norm and the concept of cash becoming more scarce does it open the minds of those currently reluctant to look at crypto currency and blockchain. Does the slow acceptance of digitised economy open Pandora’s box a little more that’s all.
Passed some time instead of “going to the moon” or looking at a $500 change in BTC etc.
I see today it’s reported that we may see contactless spending increase from £45 to £100 as standard. Whilst obviously not crypto it does look as though we’re gradually seeing a complete move to digital payment/currency etc.
I know from friends and relatives, particularly those older than me that they are concerned at cash disappearing. Wonder whether this kind of news will gradually become more frequently reported and will aid companies like ARB in the long run.
Morning! New to GFIN so i've no doubt paid more than a few of the holders on this BB. Having done some research on the company and their BOD. My own sport/interest is racing cycling (Tour de France etc). Gradually a number of the recognised premier races/classics are being cancelled due to the ongoing covid crisis so I can certainly see the market expanding.
Interestingly online training platform Zwift (which has partnered with GFIN previously) has seen it's highest peaks of over 40k online at any one time (double that of the peaks in 2020). What I thought was going to be a bit of a covid trend/bubble and fizzle out doesn't appear to be happening with more and more signing up.
What I did think was going to be a fairly short term thing looks like it's set to last and that's not even considering multiplayer FPS games etc. which already have huge tournaments. It'll be interesting over the next 12 months to see if we have any links with VR as I can see that increasing in popularity as the technology improves.
Obviously most will look at the price of BTC and how this equates to ARB SP so will be hesitant if a drop is envisaged. I'm sure it will result in a SP drop as people worry and start selling shares like we saw last week, only then to see it rise back up again (yesterday).
The positives that ARB have is they are increasing their mining capability and efficiencies at the moment and into Feb. Perhaps it's a rather simplistic view but if BTC is say sat at $30k currently and ARB increases their mining capabilities by 20% then a drop in BTC value up to say 10-20% doesn't necessarily hurt ARB too much. It will obviously open up the opportunity for many of us to lower our current averages though.
The fundamentals of ARB haven't changed (for the worse) and the general consensus is BTC still has a way to go North. Obviously if you're looking at taking out your investment in the next couple of weeks then it's perhaps not the share for you, unless you got in a while back
I can't help but thinking that a lot of the drop over the last few days is self inflicted... I bought in before NY and have gradually topped up (unfortunately now in the red slightly). The week or so after Christmas everything obviously ramped up very quickly and (I believe) a number of new PIs put money into something that they knew nothing about with FOMO . Some were perhaps caught up by the hype and ramping particularly those buying in at 1.20 - 1.30 and over the last few days they've been dumping their shares because "this was not meant to happen" and "that money was for x, y and z".
I have a relatively decent amount invested in this (for my own circumstances) and I still feel relatively confident that this will see me make a decent bit of profit.
- SP was higher than this when BTC was at a similar level a couple of weeks ago
- We've uplisted in the US
- More money being printed in the US
- Mining capabilities coming online quicker/earlier than expected
- Profit has increased and margins have increased
- II have bought in with a decent amount of money and obviously believe there's a profit to be made. IIs don't chuck 20 million into something they think is going to drop 50%
I hope that the recent drops will see LTH and those with greater understanding of the wider blockchain opportunities buy in, hold and stabilise the SP. Ok we know it's still going to be a crazy stock but the recent drops go beyond confidence in BTC or BTC price at 32k and beyond a relatively small amount of shares being released by ARB.