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Just broke through the $10.4k barrier...let’s see how far this run takes us ?
Understand why value of the agreement is sensitive but surprised haven’t said who the client is ? Mind you should be obvious once the ads start appearing on the GSN site. Hopefully we should see far more announcements in the next few months as volumes and traffic increases further.
I think there is a positive in both a big buy or sell...if it’s a buy shows massive confidence from someone and I think MMs will price accordingly tomorrow morning. If it’s sells (possibly mr Edwards selling last few shares ?) then potentially selling pressure will be removed, especially given BTC price movement tonight
Looks like BTC is struggling to hold just above the $10k mark this morning, let’s hope it holds until opening and also hope mr Edwards doesn’t drop all his remaining shares in one day...,
Could be a good week, if our selling volumes are dried up, BTC keeps increasing throughout the week, the cherry on top would be an RNS to say the remaining machines have been fitted and are producing.
Totally agree turning point for me was the departure of Sefton, hopefully he’s not lurking. Wouldn’t take much to turn this into a £5-£10m media company for me so at these prices it’s a very easy punt. Think the chances of loosing everything have gone and it’s question of the potential. I like the idea of money to draw down to expand rapidly.
Perhaps someone should suggest 2 new resolutions a share swap for AA shares that was suggested this week and my favourite AA ditch the whole SSX board with immediate affect once the deal passed ?
So for me it comes down to do I sell my shares now as almost same value as being offered by the deal and buy into some stocks I think have far more upside ? Or do I vote against the takeover and risk loosing nearly £3.5k ? To be honest I’m not sure there’s a plan B waiting as CF and merry band of ******s (sorry board of directors) have just thought about themselves. It’s a pity we don’t have a legal redress but I’m not sure being crap at running a project is crime especially on AIM !
Totally agree...think they are worried that as a high percentage of this stock is in PI hands they will struggle to get the 75% to pass. Either through people voting against or abstentions. To be honest I’m down £10k so not the biggest amount but enough to **** me off and agree with a lot of comments that I think CF has had this deal in the back ground a lot longer we will probably ever find out.
Overall good clarification but not a lot of new information, for me to add I’d like to know some figures around revenues from the various sites. Always been sceptical about the £1m contract as that’s not how it works with monetisation of online sites. That being said you can get revenues very quickly, hope we get an update at the end of Q1.
I can remember a time when £90 was a big trading day, i now think this will bounce significantly this year
It tracks BTC on the way down...
Have to be honest after yesterday’s RNS I’m a little more sceptical about ARB, still believe in the fundamentals but think the BOD looking after themselves too early in the growth cycle and suspect us LTH’s may not get to see a similar generous rewards in terms of dividends. I suspect a few of us have invested far more cash in the business than some of the board. So where I’ve been if adding regularly on the dips I’m probably going to hold off until post halving.
You know SP will probably drop again today based on BTC price going up, nothing normal about the way it responds
I’m more inclined towards dividends now to make sure some value is returned to shareholders given the BOD is looking after themselves ! Especially as the SP doesn’t seem to react like a traditional share.
Trek, totally agree not a lot of stretch to get your share options !!! Hope they are equally as generous when it comes to paying a dividend. Agree with some of the other comments as well that’s it’s the first time I’ve questioned the judgement of the Company.
If it is mr Edwards selling, he’s got a lot to clear.
Big surprised it’s held the gains as usually goes straight back down on any daily gains
Selling volume and BTC Price drifting back towards $9k isn’t helping
Last thursday it went up 20% only to slip back by the end of the day, the difference today there’s actually some buying activity to support the increase. Therefore I’m more inclined to think someone may know news is coming soon.