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52 Week Low 130.00
52 Week Low Date 27-Oct-2023
Cannot fault the rns. But 340p ? Some run from 130p less than 3 months ago. Time for me to exit. I reckon it will quietly drift down now. Needs a bid to hold on here at this level. 200p is more realistic. Good luck holders!
DM...thank you. I am still holding some ARB and trade it sometimes. I was disappointed the placing only raised 7 million. The company needs more cash. I say be prepared for administration or at least a big fall in price. Arb is the most volatile stock of any 100 million mkt cap company. Yet I dont disagree with you. It could also rally big time. Roulette wheel company. Place your bets.
Difficult to know. Arb hit 15p today and i predicted that...even though bitcoin soared recently to 48K. When halving comes in, it is possible that Arb could go into administration if btc does not increase in price. The company has a lot of debt. On the other hand we could see a big rally. None of us know. Arb falling away to 5p would only take us back to last June. So I would warn everyone to treat this as a very risky punt. Anything is possible. I sold some at 31p just two weeks ago. In about three months time Arb might be 0p or 60p.
What is going on here? Almost impossible to know. I thought this was going to fall to 15p. But then Bitcoin jumped to 46k. ETF is up and running. Buyers poured in. The price went to around 32p. Now the price has nearly halved. In a week. No idea why.
Probably get a big fine. A couple of million. All about carbon footprint. Leicester factory closing down is a bigger issue. Will import duties be introduced? Higher taxation like non dom under Labour? Boo sure is hated
Look at the late volume! Wow. 50 thousand £ to a third of a million £. Loads of them.
19.5 or lower to buy Arb now. Fair price for a punt. going to be so volatile....should make a profit at that sort of price. Look at the volume today. 32p last week and bitcoin has soared.
Bought back the ones I sold at 35p. Offer price of just 19.8.
That suggests a placing might be on the way so reduced my buy. Nearly 50 per cent down in a week.
50,000 is next stop. I thought Arb was headed down but I was wrong.
Anything around 22p looks better value now as a punt. I still think Arb should raise another 25 million £ to clear some of the debt but the pressure is off for a while with BTC flying. I sold some above 31p but I have bought them all back today. Already in profit and can see 25p plus tomorrow. A break to 51,000 dollars is likely imo
Hit 6 pence in June. Anything is possible
Big tank. Can see 15p now as the etf looks likely to be delayed. Going to be a time to buy albeit only as a punt but wait for lower imo.
They cannot tell you that! talk about commercial info. if a lot of money, every potential competitor would look to develop something similar.
We need to wait for the results. Fingers crossed....bonanza time. Hundreds of millions of potential end customers. A bid at £2 a share given time.
Funnily enough if Arb had been able to raise 30 million plus I think the mkt would have liked things a lot more. Arb owes too much money and getting rid of that debt is critical. So I think the fall is due to disappointment at the low amount raised. Which is very unusual of course but then it is Bitcoin prices that wag the dog. Bitcoin could easily hit 100,000 in a couple of years. I reckon the old Arb with its 2500 Bitcoin and stacks of cash etc would open up at over 220p tomorrow. If only the company had kept its nerve . But they are all gone now and 24p is more likely tomorrow
Understandable but not great. Metro has always been tops for customer service. Currently up to 7p weekdays and open sat/sun. A big store right next to a large shopping centre. Now just another bank.
Not a shareholder but a business bank holder. Will be moving my account in April.
Changes to our opening hours
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All possible if Arb can survive. If. If would be terrible if btc soared in a couple of years and Arb had gone
Struggled at 1p. Broken above now but may see sellers now. I see 1.2 by the end of the week if this holds. Every chance of much higher on good news
Yes I wanted to see 50 million p I’m lacing so they clearly struggled to raise more. Arb has a lot of debt all secured on the business with crazy interest rates. Arb is very high risk and could go broke at any time. Holding some myself but as a free roll only. Sad really …all that money gone.
Two 20K and a 15K buy just through...... huge vol day. Again. If this falls back to 20p the buyers will pile in
Looks cheap esp after Angle move 4 bag in days.
Back to 10p
I bought Angle from 60p to 12p. I dont dare look at where I am because I might be tempted to sell. Could explode in 2024. Can see this racing up to 80p in weeks.