Member Info for barnetpeter

The market maker took 8.2 million and will be pleased to sell them on at 5p plus.

Forgetting the price, this sort of uncertainty is not good. Will any deals be put on hold or credit be withdrawn? Will key staff be looking around and thinking maybe it could be time to move on with those on share options losing interest? Will suppliers be uncertain about stock levels and concerned about payment etc. Just not good for business short term. I suspect big losses this year is likely.

Had high hopes when I bought these in the primary bid placing at 12p. Roared up to 30p and sold some and kept a freeroll.
Not much value left now. I expect a steady fall now with "administration" etc. and challenges etc banded around even though the position has been clarified. The company cannot get on with its job with all this distraction. A big dilutive placing at something like 2p or 1.5p is likely by the end of the year.

Sometimes a company can just be unlucky.

Another big fall today....to the placing price on the bid. The mkt thinking this has gone ex growth and the directors selling at the right time for them was a signal. Still think the results will be good but for the moment it’s going down.

This has always been an issue. Regulatory issues affect all "gambling" sites. It is only a possibility. Mind you I would not be a buyer here.

16:25:52 31.135 100,000 Buy* 30.00 30.50 31.14k O
16:25:19 31.50 106,000 Buy* 30.00 30.50 33.39k O
16:24:19 30.60 100,000 Buy* 30.00 30.50 30.60k

I am holding tern from the last placement...7.5p on primary bid. I agree that a placement is possible.....20p? The last placement has done rather well and if DA need more money soon then Tern should find the cash.

Yes indeed. Low 50’s yesterday was the time to add and I don’t know why folk were selling at that sort of price.

"If the Scheme is not approved by the Court, then Amigo is highly likely to enter into administration".

How does this affect this stock? Will it tank? Or will the mkt think main competition out of the way?

"If the Scheme is not approved by the Court, then Amigo is highly likely to enter into administration".

But if it is, then much higher? To sell up or gamble? It does feel like a roulette wheel. Not long to decide now.....next Wednesday is the decision time.

Racing. Bitcoin is currently 49,700. The chart looks very bearish. I dont think I will be able to add below 2.83 pence! I hope not anyway. I think the mkts look bearish to me after a huge rally. Interest rates will have to rally as inflation pushes to a 13 year high. Indian covid is a danger and indices are 40% higher than a year ago. Hedge funds have been selling out heavily. All stocks. Meanwhile retail punters have piled into the mkts. Many on margin. One guy admitted he was 150 grand down on chasing stuff at the highs. Ouch.

So yes I am bearish of the mkts in general. Not just Arb.

NATNRG .......I see Arb down to 85/90p with a potential low of 75p. That is still a long way from the year lows. Bitcoin hit just over $46K today and may now be headed down.

If BTC falls below 40K then down we go heavily. Look at this as a long term 5 year stock. It always swings around violently

bought some below 43p. Might see this fall below 40p if mkts continue down. Nervy feel I think. But this seems a fair price to buy a few.

Red across the board so not a surprise. Mind you the directors sold a lot at £24 so maybe they thought that price was fair.

The stock is up over 10 fold from the year lows so people paying £34 etc was very dangerous. I could see this falling back to about £18 if the mkt fall continues through summer. I have a freeroll here and am waiting for the next results. But short term mkts look a bit bearish.

Yes..I bought some at 2.83p. Long termers on here had a frustrating time as the stock never seemed to go up even when bitcoin had a bit of a rally. I suspect many of us from a few years ago are sitting on a freeroll having cashed in plenty at up to about 2.80p.

Personally I am bearish short term on bitcoin and Arb and think we will see a heavy fall. As mkts fall and interest rates move up. The next big rally to 100K will come but in a year or two. I dont mind waiting and we will see a big rally at some stage. ARB did well to raise a lot of new cash at 200p and so on......the directors sold a load and that was a sign of their view.

Below 50K now for bitcoin ....stocks and crypto go down as well as up.

Really critical level just held again today. If it does break though then 295p is next. The charts have been bearish since above 10 pounds. News needed to change this; news on cash, contracts and government dispute. At the moment too easy for shorts.

Over 40p now. Just too cheap. My kids cannot wait to go to the pubs and bars again from Monday to socialise etc. Earn their money, older teenagers and lost their 18th year in effect. I had a great 18th year....long time ago now.

200p bid rejected remember. Would the major shareholders now take 120p?

Not quite true,,,,the board accepted 200p. The major shareholders voted firmly against.

Remember that shareholders turned down a 200p bid a couple of years ago. A lot of the poor performing bars are now gone. Plenty of debt here of course...but from next Monday the tills will be going mental. Let us hope all is in order.

I think 65p is a bit low

All true....but a bit of a falling knife. Lots in profit here seem to be jumping out or stop losses being hit. Worries about regulation etc. It would not be a shock to see this fall into the 40's. The proposed rise in US capital gains may hurt the mkt badly and the Nasdaq looks very vulnerable after such a rally. Def a buyer myself but not yet.

"RP saying no placing means very little, he said that numerous times during PCGE and a placing almost always followed shortly afterwards".

plus the company needs more cash and this is the time to raise after a rally.