Member Info for BodRuncie

I had a feeling we might be getting another RNS soon, Michael Tobin buys every dip.

He must be supremely confident.

I'm in ENET too, a great place to be. The share prices of BOOM and ENET will both be a lot higher in the medium-term, so why not hold both? ;)

BOOM showing current sp weakness because short-term traders didn't get their take-over and are impatient to wait for the next one or pursue organic growth. ENET showing current weakness because an II wants to reduce its holding. I am watching both, looking to time my top-ups.

BOOM share price now under Tobin's last two share purchases. Time to consider adding more.

Gresham House Strategic sacked Gresham House as manage of their funds, and moved them under the control of Harewood Capital?

Sounds like a load of petty infighting that has nowt to do with ULS.

Still, results due on Dec 2nd! I'm looking forward to a pleasant update. There must be something to give Kestrel cause for their continual adding.

Uhlf, that's a fantastic explanation. Thank you very much!

Uhlf, forgive my ignorance, do you know what "maintaining an orderly market" means in this case with ENET?

Even if they can't shift the full 1.25m, they will shift as many as they can, maintaining the downward pressure through at least until the 29th.

The 15th Nov purchases are nothing to get excited about, they are part of the standard share scheme remuneration for Peter Connell. Buys X amount, gets 2X amount free. They occur (nearly) every month.

Much more exciting are the director purchases from August. I'm still hoping they bought for a good reason...

If their primary concern is remaining under the declarable limit, then they will shift the shares regardless of the dropping share price. From their p-o-v, ideally they would do this in a high-volume rising market, but very likely they will sell anyway.

If this drops below 50p, I'll consider backing the truck up to take full advantage.

I hope you haven't sold, Parkboy.

If you can be patient, you will be rich :)

BTC is going down atm. No surprises.

Just be patient :)

It would be a shame to lose so many valuable and knowledgable posters. This is one of the best share boards I've read. The good ones seem to outnumber the bad ones, which is rare!

And it would be a shame to lose so many great contributors just as things are really getting interesting :)

fwiw, even though I "may" have thrown my dummy out the pram this morning, it wasn't me selling! I was looking to top up on the dip, but I think I missed it :)

There's nothing quite like a 10% rise in ARB to bring back memories of December and January!

Good to see you again, Albert!

I'm still here and ARB is still the largest share in my portfolio by quite a long way, though I have taken quite a lot off the table.

But now I have no worries if the share price drops or lags, I can sleep well at night, and just wait for ARB to get in gear.

Quarters and years.

Thanks everyone for the better explanation than my once-over this morning.

I know it's standard for companies to request a specific %age of additional share capital allocation, and I'd assumed this was over and above the already agreed allocation. It's good to know that it replaces it.

I had also assumed that ENET had sufficient foresight to plan for new share allocations before granting them! My mistake!

I'll stick my dummy back in and be quiet :)

Most likely ENET will want to raise funds before announcing that big RNS, i.e. the fundraising is a prerequisite to the big RNS. And their track record of fundraising, is... not always conducted with the best interests of little PIs at heart.

So, your 60p shares will be worth 45p over night.

Yeah... it's "costly and cumbersome" to offer shares at a discount to ordinary shareholders, so please please please let us issue 26.% of the company, at a massive discount of course, to institutions.

Umm... that's gonna be a NO from me. If ENET want to give sweet deals to the big boys, and massively dilute the rest of us, then they can think again. It is very easy to let PIs in on the deal via things like Primary Bid.

And they wouldn't request this if they weren't going to use it. "Flexibility"? Hmm...

ha ha! Brilliant!

Yes, for this tranche of shares. Now that the offer has been formalised, I would expect some/most/all of the shares to be forward sold, in anticipation of the shares becoming "live" on 29th November, with the Investment Facility banking a tidy profit from their purchase price of 31p.

If this were the case, we would expect some share price weakness, which we are seeing today. Looking at the Buys/Sells (not a cast-iron indicator, but automated based on the mid-price at the time the transaction is registered) for today, it appears that logged buys are outnumbering logged sells, but the buys are getting lower and the sells are also getting lower, suggesting that there is a large sell being worked.

Hopefully it won't take long for the new shares to get churned through, and then it's looking good for the share price up to 80p, when we'll see something similar happening again, with the 60p warrants being exercised.

If you look at Anthony Coyle's tweets, the implication of the insider information is tremendously positive for Argo.

- Efficiency benefits from better cooling aren't included in forecasts.
- Peter is great at getting the most out of second-hand rigs to boost productivity.
- Hosting rigs will not only provide a further revenue stream for Argo, but help reduce risk in BTC bear markets.

THIS IS ALL GREAT INFO... if you're a genuine shareholder ;)

£15 minimum.

Current levels are for topping up, not for selling out.