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BlackRock may buy or hold a share simply because that share is included in an index that one of their index funds tracks. Not saying that's what has happened here necessarily, but that is one instance where BlackRock and the likes may dabble in Argo and should in no way be considered an endorsement.
Also Chaiwala
Chaiwala
Posted in: ARB
Posts: 597
Price: 10.90
No Opinion
Looks like bitty is about to take off20 Jul 2023 11:23
I think this is a golden time to top-up! By end of 2023 we could be sitting at £1 here
That's been the case and known for at least a few trading days but telephone dealing is available and their Comms sent to customers on Fridays states they are allowing buys, which you'd know if you were a customer?
What do HL do for US and EU assets then? What settlement system do US stocks use?
Oh I didn't see the tweet, weird that it gives (slightly) more information than the RNS itself.
What other digital assets did they have that would warrant a $1m valuation? Maybe just sold a part of Pluto (or got a bad deal, Argo love getting a bad deal lol).
Mentioned on the call sale of non core assets and this is from today's RNS.
"During the month of May, the Company sold certain digital assets and plans to use the proceeds to pay down debt."
I'm guessing they've sold their stake in Pluto Digital (now Emergent Entertainment).
Not in an ISA, but there's not much point buying in an II ISA as you can't keep it there.
II definitely allowing online buys still, I've just done one.
Big blue spouting garbage again. No jumping through any hoops with HL.
"Option 3- Take no action and retain the shares with HL
If you do nothing, you'll continue to hold the shares in your HL portfolio after the LSE delisting. HL will hold the shares for you on the Kazakhstan Register. You'll be unable to trade the shares unless the company relists on an exchange we can trade on. A future transfer to a broker that can trade on AIX may not be possible. You'll continue to receive any dividends that are paid in the future and be able to vote on the shares."
Proposed suspension 17th July isn't it, with t+2 settlement. That's crazy.
🔥
That's a surprise.
09-May-23 16:37:45 281.635 375,000 Buy* 1m O