Member Info for barnetpeter

"During the year under review, the Group made a new investment in an internet technology company called Beijing ByteDance Technology Co. Ltd. ("ByteDance") "

ByteDance is the developer of the video-sharing social networking service Douyin (TikTok). On November 9, 2017, ByteDance acquired social media start-up Musical.ly for up to US$1 billion. They combined it with TikTok on August 2, 2018 into a single global application, keeping the TikTok name.

Gold is getting close to the $2000 level tonight and if it breaks through easily then there is little to stop it. Bitcoin is on a similar push....now up to 11250 and looking to the sky as people dump paper currency. Watch it smash the 12K level soon.

Arb is what? 5 point what? At this BTC price? You are all having a laugh....

No of course a 600K company (at the open today) did not get 5% of a 50 billion company. No one has any idea. I think it was a year ago they invested. I must say that I had never heard of tick toc before the pandemic but hey ho.

I suggest everyone treats this share as a bit of fun. We have no idea what it is worth ...1p or 50p. It is very spec and has just one mm...who might refuse to make any form of mkt. Or let you sell any or mark it down to 0.01. I suggest it is a mad punting stock with this crazy spread and I dont want to encourage any novices to think this is a proper investment. It might have an early investment in a huge multi billion company but MIGHT is the key word.

So dont go crazy here if the herd arrives and piles into this at mad prices imo. I have a few hundred £ here at one penny and I see this as a bit of fun. I wont be selling at 2p ....the close tonight. Far too interesting but I know I might lose my money here.....so just a bit of fun.

Punting fun money only!!!! is my suggestion.....until anyone can place ANY type of value on this!!!!

Well 5 per cent times 50 billion so say 2.5 billion. This is valued at 3 million so 800 times current value here which is...

Then I woke up lol. No idea to be honest but I doubt it’s anything less than the current mkt cap times an unknown number. I remember a story about an individual who put a few thousand dollars in google when it was unquoted and in early days then he passed...and his shocked family cashed in for a hundred million on the ipo.

Yes the spread is madness but who will sell any at 1p with an investment in tic tok? Hoping for two mkt makers tomorrow....

This very much reminds me of SCGL.....which did 1600 per cent in a few days. If the company puts out an rns saying "our investment in tic tok is doing rather well" then this would be the screamer of the year I guess.

Cannot recommend it at this spread...no stock at all. Just one market maker and I doubt they have any. Rarely traded. No-one will sell any....bonkers.

Just got a feeling my few hundred quid could be a decent investment after all....

I put a few hundred quid in this the other day as a mad punt on a tip and with a bonkers spread. Now the spread is even higher ...but tik tok? Really? Going to be IPO at billions of $$$.

Could not resist a few more at 288 and a bit. That is some fall since last week. If it does go down to 250p I will scale in a few

Big fall now since last weeks placing when it was 366p. Now under 292p ..a big fall for a ftse250 in a short period. I could see this at 250p myself ...it seems the debt position took many by surprise.

Hit an all time low today of just 95 pence. Just dont know where the low is. Cannot sell at this price and added at 101p last week but where next? Somewhere in the low 80's I guess if mkt starts to move down .

Bad today. Now fallen nearly 20 per cent in the few days since placing announced. Not sure why. The company look stronger with a lot of new cash but the selling here suggests the big players are not impressed.

Yes this is very volatile and has been at lows of 1p ..in March....and highs of nearly 20p. It was a Woodford stock and we dont know what next on his stake. Has it been sold? It has some exciting bio plays ......and they fly around.

I see 10p plus this week....if they will allow a mkt.

Sold the rest of mine now. Been in and out a few times. Never lost. Yes its cheap....

"Net Debt as at 19 July 2020 was £144.2m"

Sod that. Do a placing ......get that debt down.

Remember this is a Woodford stock so an overhang is inevitable. No idea how much is left or who owns it but there will be a bit to clear I am sure. also that PDSB is only the third most important holding. This sure is volatile!

Shares of sports betting service DraftKings were down about 8% shortly after noon on Monday after the MLB postponed two upcoming series due to the Covid-19 pandemic.

Earlier Monday, Major League Baseball postponed the Miami Marlins three-game opener against the Baltimore Orioles and the Philadelphia Phillies’ series against the New York Yankees. The decision was made after more than a dozen members of the Miami Marlins tested positive for coronavirus, according to the AP.

Remember the Woodford overhang kept this at bonkers low levels. That will def have gone now!!

Had a few of these at 1 penny....from 20 March 2020....and been buying from 4.5p to 6.1p. Sold up to 17p today.....still see 20p plus and maybe 25p to 30p but wanted some cash back from this! Very happy with this rally!!!!

Guess what? What is the connection here with SNG? Yes another Woodford stock that was dumped at just 0.5p in March. Massive amount reported around 20 March. Crazy.....

A month ago this was 70 pence. Falling sharply now.....any reasons?

No I got all I applied for. Thousands of £ here. Think I am going to limit my placings in future though.