Member Info for Arkonite

In times like these and you need a little faith that you made a sound hedge, my go to is:

Mike Maloney - The hidden secrets of money
- 10 parter which is an easy watch although slightly on the PM/Crypto bias.

Try to stay away from the hype youtubers generally, but there are some level heads out there too who aren’t after your money via signups / donations.

Thoughts anyone / recommendations?

ARB pre-halving and H1 results would have gone to ~4.5p after this mini market drop. Things are looking up for a sentiment change!
GLA DYOR

CS bricking it... it’s a buy!

Yes - enjoyed the Raoul Pal interview today!

P.P.S. We are the advocates for this stock. Others won’t get what we do or can achieve in the long run. The belief is in silver and gold for some reason.
I have diversified, but probably not enough - fool on me I guess?!
Anyways - lets keep up the positivity!

- Fiat is toast
- Stocks (namely Covid/tech/PM) will bridge the short term
- Crypto will reign in the long run
- Floods of money into ARB
- We all live to tell the tale

As I’ve said before in different terms - zoom out. Look at the price trend the last few months. Look at the crypto volumes ffs!! Look at the traditional finance interest!!!
GLA DYOR

P.S. No difference with or without dual listing

NP - I tend to evaluate growth stocks differently, but all the best getting your entry price.
PW hasn’t set a foot wrong yet in my book.

What beautiful results!

Bit of a shame the SP contracted slightly, but not a surprise.
All down to sentiment rather than fundamentals.
The thing is, whether the BTC price trades at £5k, £10k or £15k ARB are still making bank. ZEC the same.
ARB’s efficiency will only shake out the weak miners.
And the case for crypto only gets stronger.
I am making use of these discounts. GLA DYOR.

Yes definitely ICO contributor. Token release was Q3 2019.
The DOT(old) ICO price was $28
In current form this means they were scooped up for $0.28. As the recent 100:1 split occurred.
~2100% returns on a probable ~$28000 Investment

GLA DYOR

Still can’t get over how good this looks now -
DOT is one of my major alts too!
Increased holdings of BTC-e is stellar!

Now that is an RNS and a half!
Holdings - tick
Margins - tick
Altcoin holdings - tick

Pretty certain there is no chance in hell either the BOD or major shareholders would approve 20pps. This would in no way benefit our major shareholder First Investments Ltd. The previous Hive debacle showed their strong hands, and that was in a bear market environment!
Unless there had been a slow sell off during May & June beyond what we were aware of.

Definitely WMS - As they say in the cryptosphere "HODL like crazy"
These shares will be gold dust in a year or so.
Sitting on a fair amount of these shares now, so fully invested and not leaving this space.
Good to have you all on board for the ride too.

Although the day is young - This is probably the most encouraging action I've seen for a long time.
Beneath the surface it is clear that the crypto bullrun is starting to seep through to the stock market investors.
ARB on the radar again!!
GLA!

Looking good everyone. Hold your horses all LTH and NH.
This is just the beginning!
GLA!!

Next leg up all - should see a nice bounce in BTC & ZEC. Have a great evening all. Looking forward to another blue ARB day.

Seems we're heading back up on the BTC front.
Hopefully ARB will reflect this to a push on 7p soon.
Agree it's nice to see we are mirroring Au/Ag again.
GLA, Arkonite.

My thoughts on the matter...

The Macro-economy in crypto:
Fiat is on a race to zero, and the dollar will lead the way.
In the next depression, US stocks will fall the hardest and from the highest ramped PE values you can muster.
Crypto miners with ties to the US / dollar will be impacted the greatest IMO.
Hence my reluctance to favour the US dual listing argument.
Slow and steady win the race. Let this one play out on the LSE with time and we will get there on reasonable terms, and in a reasonable time frame. Be it with less tech agile investors.
Looking to dual list another country without a listed miner? A possibility I could consider.

Geopolitically:
Think about the recent Bitmain delays to US firms - think that may be a coincidence? They site "external interference over the company's management". We all know the share and subsequent influence the Chinese miners exert over the BTC space, and thus the influence that the China government may have on its own miners when the price of the crypto MCAP balloons cannot be understated. Best we stay well out of the tit for tat that may be about to kick off over the next cycle. Although GB seems to be entering the political fray, Canada is fairly neutral as of now as I've said before.

ARB is placed fairly well in relation to the above. Additionally it has by far the best buy in price and fundamentals (and BB community ofc) compared to any other miner TSX / NASDAQ elsewhere that I can find.

Have a good weekend GLA. IMO ATB.

Thanks for the insights. Just for context rollback to September 2019:
BTC at ~£11k
ARB at ~10p
H1 earnings report released: Revenues £2.93 million, Profit £0.94m, EPS 0.32p

My feelings are the share is out of favour currently, but the UK investor has the appetite from this type of tech stock based off results and this data For comparison a year ago.

Going off these multiples, the share should currently rerate to 30p.

I do agree that ARB is obviously a standalone crypto stock in the UK and therefore faces challenges and needs to focus on a promo drive.

I’m not so sure it needs a dual listing. In fact once the sleepy UK wake up to crypto adoption, the fact that it would be a standalone in a UK market, could see this valued at higher PE multiples than the US crowded market. Just see the recent AIM frenzy in biotechs for example.

GLA ATB DYOR.