Member Info for barnetpeter

16k next week.

The trouble is that we are in Arb…who expanded at just the wrong time and borrowed at a high cost on a collapsing asset. Risk appetite is low with interest rates and inflation roaring. I think we will see bitcoin at 16k something. We need the war to end and oil prices to fall sharply for punters to pile back in

18,537.10USD curently.

************* say ARB should be suspended on Monday pending finance....ie the company is broke.

What do you want for a mkt cap of 2M? All these companies are partly owned by MAC.....Cheapest and best value stock around.

A close below the 200-week MA and the failure to quickly recover above it would be a very bearish signal. Actually, according to Girimath, "a breakdown below $19,804, 2017's all-time high, could catalyze another 50% drop."

Can ARB survive? I honestly don't know. Lots of debt secured on BTC. huge costs inc directors. Battle to survive if BTC falls to 10K. Can the company raise more cash?

Bitcoin broke through 19K this morning to $18800. No idea where the low is but not here.

Can ARB make a net profit at this level.....or will it have to suspend mining? Eth went below $1000.....lows on that are predicted at $400. Must be a bounce at some level but the margin calls! Yikes! Wipe out for many.

I cannot think what Arb is actually worth at this moment. Any thoughts?

https://twitter.com/MarechalePlc

Marechale Capital
@MarechalePlc
·
15 Jun
Today in the UK it’s #NationalBeerDay, so we are celebrating the best independent craft #brewery in London,
@ForestRoadBrew
as well as the
@chestnutgroupUK
which runs award winning pubs, restaurants and inns across East Anglia ??

Marechale Capital
@MarechalePlc
·
12h
?? The UK #EdTech market has attracted #investments worth more than US$1 bn since 2014 and this is likely to grow in a more digital post-pandemic landscape. $MAC client
@reallyenglish
has successfully provided a range of customisable English language learning courses since 2002

Loads of news out from MAC...almost daily on twitter. Tiny mkt cap! looking much better today and top of the risers this morning. Little downside imo.

52 Week High 687.00
52 Week High Date 07-Sep-2021
52 Week Low 70.50
52 Week Low Date 07-Mar-2022

Some fall! Plenty of debt now so could they get away a rights? I doubt they would want to. Not just this company though....newspapers are saying sell all these type of companies (inc BOO) as interest rates move up. Yet employment is very strong.

I suspect it will bounce back to £10 short term having been nearly £60 last year. But I doubt this is the low. Nearer or below £5 is my suggestion. Must be a buy if it does.

Above from twitter. I bought a load at 2.11 to add so any more would take me above 3% so I think enough. Last time I was at that level the stock soared to 6p plus so fingers crossed!

Mike
@AIM_bagger
·
6h
#MAC
@MarechalePlc
investment company
@FutureBiogas
in £9M raise for IPO. 2x previous raise price. Market not cottoned on yet…
@Weardalelithium
to follow soon ??

****ney Rebel on twitter

"Been saying #BOO would tank to 50p for ages now, nearly there. Not sure I'd buy it at 50p tho - they need to seriously come up with an answer to all the returns imo"

Proved right. Are you a buyer below 50p? Low of 52p today...all time low?

I am back in today at 21.5p .....that is the sort of price I was looking for

The directors did a tender offer at £24 via primary bid a year or so ago. The company got nothing out of that and now wants to buy a bit of stock back at £6. Talk about a legal mugging for those lucky enough to participate!

How much cash do they have? I see no mention. Interest rates up today…0.5 I reckon after the Fed raised 0.75 and indicated more of the same next month

Fair punt although I think it has further to fall myself. But long term that may turn out to be a good bagger in time

Yes thank you.