Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Not quite sure why you think Arb will rise just because Bitcoin has reached 58,000 when Arb has been dropping the last few days,and that's been rising
Anyway I must admit that Friday will be an interesting day with extra shares coming to the market and possibly being sold against the rise in Bitcoin
However I would expect to see a sell off on Friday afternoon when profits are taken as people dont want to hold over the weekend in case Bitcoin sinks
As normal recent investors its squeaky bum time do I sell or do I hold,just dont tell the wife
tnoon
Might be usefull for some
https://www.ii.co.uk/analysis-commentary/stockwatch-speculative-miner-great-dividend-yield-ii515355
Let me tell you a story I had a FTSE 100 co that went bust some will know which one and the FCA do nothing and I loose
My mate was sold Dolphin a German property co that paid 12% it also went bust
He got his money back from the Fscs because he was misold it I still got nothing
Like I keep saying its consolidating after it's big artificial rise several weeks ago.You cant expect it to keep going up just because you bought it at the wrong price
Gone are the days of the 20% rises,you are just going to have to be patient
Dont forget the big rises were built on hype and when the money runs out so does the value of the share price
Take a look at Greatland gold or Orusur who had massive rises and then came back down
That's fine
His last sale was June 17 as per MrTbbs sharecast page
I have managed to find that his holding after this sale was
The current shareholding by directors is as follows
Josef El-Raghy 46,300,000 £79,265,598.59
Andrew Pardey 3,099,268 £5,305,946.72
Ross Jerrard 420,000 £719,039.99
Mark Bankes 150,000 £256,800.00
The correlation between Argo and Bitcoin has disappeared over the last few days otherwise we would be at £3
-Could be the massive rise during Febtuary that took the share price artificially high and now it is consolidating
So if he correlation has gone Bitcoin could get to 70,000 and Argo still below £3
I have searched for Josef last sale of shares but as he is no longer on the board its hard to find
I suppose you could argue that Schrodes are not going to buy this amount without in depth knowledge of the company