notready1, as I said it was news to me but I found it interesting. What I see is that there is another company that is innovative and pushing the boundaries and one which could make our planet greener. I also see that the issue of 'green' is a MAJOR consideration in mining. Is it a coincidence that bitty plunged when COP26 was being held?
Meanwhile, I patiently await news here and do believe we will multi-bag (several times). Timing and prices that I would like to see are not worth posting here, I don't KNOW. I'm just happy to sit and wait for now. ATB
This link will interest some and maybe worry others here. I don't know how, or more precisely, when this could impact what QBT is seeking to achieve. https://www.bbc.co.uk/news/science-environment-60312633
"The UK-based JET laboratory has smashed its own world record for the amount of energy it can extract by squeezing together two forms of hydrogen."
"If nuclear fusion can be successfully recreated on Earth it holds out the potential of virtually unlimited supplies of low-carbon, low-radiation energy."
Sounds good for mankind. What are peeps views on how this might affect us? THIS IS NOT A DE-RAMP!!!
Hey Monet, could you try another trick too please, multi-bag QBT 1x, 2x, or 3x - just for starters and this week. ATB
@wb1234, I wouldn't say 'blind as a bat', it was tucked away. I would imagine peeps have different expectations as to when, let alone what might land by way of an RNS. There is a whole raft of things the team is working on. I respectfully suggest you read the RNS's but you could omit the ones on the court hearing. ATB
Last para of RNS on 2 June "As part of the one-year service agreement, the consultant has been awarded share options over 10,000,000 new ordinary shares of 0.25 pence each in the Company at an exercise price of 5p each, and which can be exercised between 15 February 2022 and 15 August 2022." ATB
I'm not a fan of screaming 'manipulation' but what other reason is there for so many 'unknown' trades today especially when they are chunky. They do not strike me these follow the mid-point thinking. I agree with notready1's assertion that approx. half the sells each day are buys and half sells (to balance the books). Any other peeps got a view? What could have been an exciting day is turning out boring. GLA
@FigTreeHarry, I agree with your post at 11:03, excellent comparison. As things stand, I believe QBT could better ARB's earlier performance although I am not expecting similar highs. I do see QBT as having a much wider application if they do succeed with half of their aims. 10x, 100x, or 1000x faster than anything else is a new world. I'll settle for 10x to start with. In the same way, I invested in ARB because I liked their baseline of bitty at $40k turned a handsome profit; anything over is a bonus and not the aim/expectation so 10x faster (and greener) will do nicely provided it is the fastest out there. ATB.
Obelisk, yes I do remember.. I think it was part of John Storey’s disposing of his recent options. An immediate turnaround whereby he made the best part of a 50 percent gross profit. I’d have held onto them maybe I’m greedy. What did Warren Buffet say about greedy? ATB
@Obelix, yes and no! We certainly have seen 3p+ before (the highest somebody said they paid was 5.8 (I think) and the fundamental tag shows 4.4p on 4 March last year). I guess we mean/need the closing price. That said, I do wonder if hitting the 5p mark with the options will trigger FOMO but I would certainly agree on 11p after the 10p options kick-in will be a great driver. Let's get into the top 3 Share Risers for a real whizz. ATB
Good morning FTH, although that was before I got into ARB, it is interesting to recap. Good also to see that the FOMO crops up more than once. I really like the potential here with so many irons (could read chips) in the fire. Thanks & ATB.
It seems Obelix made a pretty accurate point earlier this morning, breaking the 3p barrier seems to be a psychological one. Maybe it will take some definite news, which is no problem for me; I believe our team will start to deliver more of their goals but as I said before, it’s a complex area. The link to bitty means we will be volatile too and again for me, bitty’s volatility is, in part, down to manipulation. The whales have too much power/influence. If we break 3p today it will be good; will it start FOMO? I don’t think so, but good news will. GLA, patience.
To state the obvious: you wouldn’t have a market without sellers, and buyers. There are nearly always profit takers, traders and then the impatient. I’m patient. Lots to gain here IMHO. GLA
Yes the 5p options are available for six months from Tuesday next week. I’d love to know what the basis of 15 February for the start was/is. I’m not convinced we should be pinning our hopes on news before 15/02 but definitely before they expire in August. That said we have the 10p options from May.. love to know FG’s timetable. GLA
Late reported trades, me thinks this morning’s opening will be very interesting. If bitty behaves, we could see 3p broken and I’ll be back in profit. GLA
Looking at the history, RNS’s mostly are issued on Wednesdays. Which Wednesday for the next one and will it be the one to send us on a first class journey? GLA but patience needed for the work to be completed.
Good evening FTH, no probs - no offence taken. AtB
If one were able to measure sentiment, one might use the number of posts after close of the market. Certainly up this evening! Anyone notice all the late reported trades - some nice chunky ones. With no RNS in the morning in, might this bode well for a blue start and indeed, a blue day tomorrow.
If there has been a leak, then maybe we will see 4 or 5, or higher tomorrow. Enjoy your evening peeps.
Thanks to those rallying ‘support’, it is appreciated but I hasten to add that I was not thinking of withdrawing from the discussions here - I have been busy with other things just now. I’m used to getting things wrong and am not afraid to apologise.
One thing for sure is that, for now, we seem to have pretty good selection of posters, a far cry (cry being the operative word) from other boards. I rarely post on ARB although I still hold there. Having put my tax idea to bed, I can look forward to a game changing RNS from now on.
I still have an unhealthy number of QBT in my trading account even after gifting loads to the missus. If the SP hits 24 p this tax year, despite some hefty (noted by HMRC) losses, I could get clobbered on CGT and I really don’t want to be paying them any more taxes than I have to. I don’t like too many shares in my trading account as I don’t want to have a tax liability if things take off. Whilst we could hit 24 p before this April 6th, I am not banking on it. Top slice £40 to £50k by September this year and I’ll be laughing.
Thanks again and GLA
@FigTreeHarry et al, I wish I had never posted this. Some might consider I am trying to de-ramp. I am not! I have invested heavily here and I am not here to trade, I'm here to make money over a two-year time frame - if I can. I do feel the consultant should get their just rewards and not be landed with a heavy tax bill if it's avoidable. Apologies. ATB
@notready1, I am no expert on this and do not know for sure what the tax liability would be plus I don’t know where they have to pay their taxes (UK or?). I do not think the date the options were granted is relevant for tax purposes, surely it would be the date they were exercised? I certainly don’t see any point in falling out over this and the other thing, they are not an employee, so the normal tax rules do not appear relevant i.e:
Enterprise Management Incentive (EMI)
Company Share Option Plan (CSOP)
Share Incentive Plan (SIP)
Save as you Earn (SAYE)
Just good to see some movement upwards this afternoon. ATB