Member Info for barnetpeter

Over 27p tonight. Steady move up. Very good news.

If this was listed on the USA market......80 pence minimum. Now in 20 states.

Very strange. The placing was at 31p, was way oversubscribed. The additional monies secure the business to some extent. Always the possibility of a bid. Somehow if a bid was made at say 36p I dont think the price would go to a premium. Is BOO the most hated stock around?

I suspect Arb would have gone to 14p plus on this huge rally in bitcoin. Nearly 9000 dollars. We can hope galaxy might rethink and extend for 6 months. It is hilarious to see arb up just one per cent today.

If Bitcoin had gone up 7000 dollars in an evening there would have been around 4000 to 5000 posts on this thread. This evening …not one.

Btc may hit 100k this month. 90 may be breached this night. What a shame. If only the former directors of Arb had been conservative and maintained the position two years ago. 1200 plus Bitcoin no debt. Arb would be over 500p in the morning and all of us long termers would be looking at sports cars. I did well out of Arb in the good days and the stock I have left is free. But really what a shame. We picked the right business, we backed it big time and just as Bitcoin has soared to huge new records the company talks about ending the Bitcoin business. It’s like the company has found a way to change metal to gold and decides not to bother with that any more.

Quite right....but does it happen in the uk? Rarely these days.

Dont people read the rns issued? The company wants to "diversify" away from bitcoin. They made loads of money on btc, the former directors blew that and more and now that btc has hit all time highs, the company wants to do something else.

You could not make it up.

Unfortunately ARB will be closing down much of its bitcoin mining soon enough. Arb owns 2 bitcoin. Two years ago the company owned over 1000.

Arb holds two bitcoin. The contract with galaxy ends this year and will not be renewed. Arb wanted to extend but the numbers are so poor …

It would somehow be fitting end if bitcoin crashed through 100k and the next day Arb went into administration.

Sadly Ondo will be bought out long before it gets to anything significant. It is a perfect fit for many US companies. I see a price of around 70p to 80p. Looks good but the real value will be many times that price. This is one reason why the FTSE indexes never move much and have not done much for decades. The companies in the 350 and 500 etc

A small fall today but a big buy at 25p at the close.

Nope held the 25p

But I should not be. I meant to buy CRCL which has not been great but I put in CRDL. Well it was just before the close. It took me some time to notice. Doubled my money now. Which just shows that the old saying that throwing a dart at a list is probably just as good as doing all the research you want.

Up again. How many days in a row? A lot!

We are now waiting for a new order rns. That will see the 30p level imo. Steady move up on decent volume. I thought 25p would be a hurdle after such a rise ....got to expect some profit taking but the bid closed at just over 25p. I can wait,

Friday…closing at the highs. Again. A few profit takers but I sense the real moves are on the way. Name another company that has increased production 5 fold to satisfy orders from the USA. What is the potential market? The World.

Thats great! 250p two years ago and you say going all the way to 20p this year! the company is holding an incredible 4 BTC so if bitcoin hits 100K this year the company will be able to pay another 50 pence off its debts! fantastic tip!

Decent finish. I now have a freeroll having cashed in half this morning. I came to this late at 5.7p so I got to my target.

I thought today was very strong after such a rally. Red day but still loads of 10K buys. 15p looks likely to me here.

Which is good on a red day after the Budget shock and with gilts looking to go much higher.

Yes indeed. So if Bitcoin goes up to 80K then Arb may be able to afford a better type of coffee in the mornings....

Arb hold 4 Bitcoin.

Just 4. That used to have well over 1000. All YOUR money has gone on madness.

Good luck with the 4

Dream on. With 4 bitcoin, a pile of debt, no assets and having gone from a position of well over 100 million $ in BTC and cash and no debt..... this should be trading at 400p now.

How did the directors destroy this company so quickly?