Member Info for Blubay

Schrödinger's shareholder - dying to take advantage of NASDAQ IPO but without any shares being issued

All good, can't see any negatives

"fund concentrating on between 30 and 50 cryptocurrency miners that also pass muster for environmental, social and governance criteria."

30-50?

They are not 'buy/sell' volumes, they are trades above and below the mid price (you can't access that data from the stock exchange without a premium, LSE just tags the trade values indicatively as buys/sells). With this morning's volatility it would be difficult to tell just from that.

This. Their new share purchases for Q4 will be huge and hopefully the ARB IPO will be on their shopping list.

A quick win is what’s needed to prove the concept and de-risk the remainder of the campaign in the limited time available this season. A free flowing gas sample at any location at any depth should enable a claim of ‘discovery’, allow future seismic and drills to map the size and extent of the asset. They seem to have a shallow trap target in mind.

@Perrins - it wasn’t a dud, what are you on about? There were helium shows at every level, proving the existence of a large working system. No guarantees obviously but Tai 1 reinforced not weakened the need to drill that target to get the missing data and try to free flow a gas sample

Excellent news, good decision to maximise chances for proof of concept this season prior to further exploration. Not surprising at all going for Tai-2, all the preliminary data pointed to this as the ‘must drill’ target and presumably partial drill data from Tai-1 has reinforced this.

it's August, silly season... as they say, "sell in May and don't come back 'til St Leger Day"

"I keep saying it. The whole basin may be a dud."

You can say it as much as you like, it's still nonsense.

Sorry didn't explain that very well. Once the uncertainty is out of the way and announcements can be made public, and given the current valuations, I'd hope the SP to be nearer 195 than 95 by the launch of the IPO (i.e. more than 145p)

I don't doubt the shorters' target is 95p or less but I imagine the IPO price will come in a great deal higher than that, which is what the shorting campaign and accumulation of London shares at the current price is all about (i.e. making a large profit on them when they rise on the IPO). The IPO is unlikely to be lower than the current shorted price. The IPO will be valued on the company data provided on the SEC application, and we all know what other independent analysts valued it at last week (240-250p). If I had to speculate without knowing the number of shares involved, I wouldn't be surprised if it rated closer to 195p than 95p.

Surprise...not... Good work Mike, as we keep saying, all the company fundamentals and all the evidence signals are flashing buy, and that's what the large funds continue to do day after day at these prices. Follow the money.

If you don’t have confidence in the CEO, or the drill company taking shares in part payment, why are you invested here?

But not any uncertainty that adversely affects current financial performance or valuation, on which last week’s valuations were based. There may be uncertainty/unknowns in the minds of some people about future growth on top of that but it’s not really in doubt that ARB will continue to be (a) one of the biggest (b) one of the most profitable in this sector.

PS. I’ve no doubt people do feel uncertain when share prices drop but there’s no objective reason for it. The company will go on growing and making more profit whether they do or they don’t.

As bad as each other, best ignored.

BTC appears to be on track with continued accumulation of significant upturn, with higher highs and higher lows overall on the I day charts. What do you see to the contrary?

Any why is there "an air of uncertainty"? What is causing it? It certainly has nothing to do with the company's fundamentals, or it's performance, or any kind of evidence that the independent analysts can find to affect their new valuation.

If you came across a London main listed company trading at 112p, that was exceeding targets with profits up 2000% in the past year, and with independent analyst and broker reports published in the past week targeting 240-250p (for this year), and in application for NASDAQ listing, what would you normally do? Buy or sell?

"because it was just before close, the market did not have chance to react and buy back in"

timed to perfection