Member Info for Albert82

Back in the Spring, this board was full of useful, well researched posts from people with far greater knowledge than I.
While some of them are still here, they are being drowned out by the puerile derampers and the even worse "some bigger boys made me invest and now I'm losing money" brigade.
I realise that many other boards are similar, but I wish a few of you would just grow up.

So that's about 2 BTC to list and under 1 BTC a year....

Hope this link works... https://venturelawcorp.com/cost-of-listing-on-a-stock-exchange/#:~:text=Listing%20fee%20min%3A%20US%2417%2C900,%3A%20US%2410%2C995%20(%2414%2C579).

I don't have experience of a new listing, but as an example, if they were to list in Canada on TSX, the cost (as at September 2019) is about C$42,500 for the initial listing and then annual sustaining fee of C$15,000. So not a lot.
The good thing with TSX is that it's very simple to settle trades cross border between London and Canada.

Tyrion, I called Argonauts ages ago!

Let's stick with it.

Kiwi, I've been in BLU since 2017, so slightly under water at the moment, but it looks like it may be on the up soon....

Bod, you just beat me to it, as I was out spending some of my hard earned fiat cash...
Nobody said they expected a dividend, just "as and when". At the rate things are going, that may be sooner than we thought back in March.

No evidence for a dividend YET, but the cancellation of the share premium account releases the regulatory shackles and means they can pay a dividend as and when.

Lightus
Thankyou for that. I certainly couldn't find anything as clear as that in my searches.

Wmsjames appears to have answered that already.

Thanks

As shown on Companies House, dated 23/11 "Reduction of iss capital and minute, if you open the attachment to High court document, it states this capital reduction is linked to "The cancellation of the amount of £25,252,288 standing to the credit of the company's share premium account"

I'm no accountant and I assume this doesn't mean that ARB suddenly have £25M to splash, but can anyone explain what effect this will actually have and will shareholders benefit?

Trek.
Welcome back, just when it's getting rather interesting.....

Billfunk, I was just showing my age. When I started at an old, now defunct city firm in 1981, the advice I was given was, "make or lose 10%, then get out and never trade in the same stock twice". This was a very different market compared to now, but quite a well worn phrase.

I didn't believe it then and I certainly don't believe it now! :-)

Fair play to you for making a decent bit of cash on SNG and, (as I was told 40 years ago, when I started my career in broking:-)) once you're out, never trade in the same stock twice!

We all have our own way of playing this game, but mine is to buy for the long term, as I just don't have the gonads to duck and dive, even though I know that it's a great way to make a few quid by picking off the sheep PIs.

Taff, I didn't say that you were the only one who raises the "seller" red flag. Quite the opposite as someone will do so on any stock which refuses to rise in a straight line.

I am still in SNG and currently hold 65k on a free roll. I would prefer the pre-Pfizer announcement value of £1.80, but this is another long term hold as I believe the COPD market is huge. Are you a holder (sorry to the rest of the BB for cross ramping:-)

Duke, you are spot on.

No problem if some guys want to trade this or any stock, but it needs full attention, a big pair and a smaller spread than ARB usually offers.

This is a long term hold and the only stock in my portfolio that I feel totally comfortable with, although I know we are both quite deep in BLU, so good luck in both of these.

Taff,
Just to clarify, time and time again, posters on this and every other board suggest that several trades in a certain size indicate a large seller or buyer. The simple fact is that most PIs will only get a quote for 100k or less at present. In March I could easily trade in 250k at a time. The arrogance implied by your 20 years of trading is quite unnecessary. Most of us really do know what we are doing, so feel free to post what you like, but please have some respect.

Promise?

Taff, there are plenty of reasons why numerous holders may sell, so please don't be so pompous.

Poptimist, most shares seem to have the mythical "seller". It's the actual buyers that will move the SP up, and in the case of ARB, I think they are just about to arrive....

GLA, and I genuinely hope that you still hold plenty.