Member Info for Blubay

"Current deviation is significant and I just can’t see the crazy rises that are predicted"

Current deviation is still within the modelled x2 SE margin, so far the model holds and if you think predicted rises are 'crazy' you might want to look again at the modelling (i.e. do you think all the previous rises, matching the plot line, were also 'crazy'? What are the significant factors that have changed since then?). At the end of the day it's just a model and the error margins get numerically wider and wider on a log curve, so yes it could plateau at this level for a couple of years and not be too far off, or go to $300k and be equally not that far off. I suppose the test is whether it regains its broad average of centring on the prediction curve. I'm still fairly optimistic about that.

"if BTC reaches the S2FX estimate of $288k"

yes, but that's not modelled until December 2024. The modelling for the next three years centres on a plateau range of $100k-140k (obviously with very wide standard error margins). If we reach the $100k modelled plateau level by the end of this year I'll be very satisfied. If the SP is 280-290p by end of Q3 I'll be similarly delighted.

Let's get to £2 before we start predicting £10+ by next year :-)

I think we can be pretty confident it won't be £5-6 before the listing, maybe in a year or two.

It's always a helpful investment tip when they turn up mob handed, good advance signal to liquidate some reserve funds to buy the dip they're aiming for

Maybe I have heat stroke but I can’t see how anyone would get better betting odds today on ARB than buying the shares, or why they didn’t do it yesterday ??

Similarly, if you expect the SP to gain 100 points by October then you’d win £500

Why would you spread bet when you can buy shares at 111p?

Good news spin… they’re merging with (or being taken over by) NAS listed company

The short-term bounce in the 12 month inflation rates, based on reference 12 months ago during lockdown, it's not predicted to last into next year but to return to more normal rates

Yet no one is really predicting long term inflation after the post-lockdown bounce?

where are you looking at sells and buys? Remember that the LSE ticker here doesn't show sells-buys, it actually shows trades above and below the mid price (and on book).

They are listing through a company merger with PDIA.

There is really no case for ARB listing earlier than planned, the time will be right when it is right for the business

Wow, that didn't last long

ARB overall debt is also very low with plenty of headroom if needed for expansion, not recommending it necessarily but the options are all good, providing the BOD with choice (spend BTC at high price, borrow, issue shares on NASDAQ, or a combination of these). More strings to the bow.

Thanks for checking, very interesting

@johnpohn - we are not on AIM, we have never been on AIM, we are listed on LSE main market.

A dual listing on NASDAQ opens up the company to the largest tech investor base in the world, makes it easier to trade, opens the share as a option for regulated US pension funds and other large funds/institutions, etc.

I've nothing against hedging shorts, I'd just prefer if people were civil about it on discussion boards rather than abusive and dispruptive

you'd be likely to make a great deal more by holding them for a couple of months

Annoying yes, but I guess not too surprising though as some of them still hold short positions here. I suspect that's a lost cause now and they'll need to switch tack to hedge their losses or just disappear like the previous crowd.