Member Info for BodRuncie

That's some serious research there, BBN :)

I topped up this morning at 15.2p. Happy to hold long-term for the big gains.

:)

I've been charting the weather and it was obvious that once the sunshine rose above the 50dma level, the chart was forming an umbrella shape!

I agree, Albert. This reminds me of when PIs were panic selling at 3p and 4p, or at 60p after the first big retracement.

The company is in a better position than ever before, green blockchain technology, control of its own data centres, sweet front-of-the-queue deals with kit manufacturers, increasing hashrate on the horizon, potential uplisting in the US, funds accumulating.

There is only upside from here. If you already hodl shares, the only thing required now is patience.

Still here too. Just patiently waiting. I feel no need to post constantly because I have no agenda other than letting this all play out to the good.

GLA argonauts!

I topped up this morning at 47.6p. It seems a shame not to take advantage of these prices when the company is only heading one way in the long term.

Totally agree, Pop. Let the meme coins dupe the noobs into buying in for the yolo lols, meanwhile the wheat will be separated from the chaff pretty soon as crypto becomes more mainstream.

"Big IIs accumulating". Price held low to accommodate... what nonsense.

If anyone wanted the shares, they are there to be bought. Sales outstripped purchases, hence the recent dip. There will be no TR1s.

Marcal, thanks for replying :)

It was an innocent question, innocuously framed, designed to help you to understand what you want from your shareholding. I did say that there is nothing wrong with either strategy of being a LTH or a short-term trader, and no negative judgement was implied in either case. Your responses however suggests someone uncomfortable with the level of money you have invested.

If you are uncomfortable, perhaps it would be a good idea to reduce the amount of exposure you have in the market, to help you sleep better at night, and not have to continually monitor your screen for news which causes anxiety. Less screen time = better mental health :)

Nothing wrong with either strategy, just curious about you because you are nervous.

Yup. Are you in ENET long-term, as a business investor, or are you looking to trade companies for a quick profit?

Serious question: are you a short-term trader hoping for a quick buck, or are you a long-term investor?

Interesting that Nasdaq posted that article...

The great thing about Argo's focus on green crypto-mining is that it makes the sector as a whole look better, so it's in the sector's interest to promote articles about angles like this. Like Tesla dragging other vehicle manufacturers into the 21st Century, Argo are setting the bar for clean crypto. Others will have to join them as public sentiment won't support energy hungry "dirty" crypto.

I'm glad I don't have to keep tax records in Germany!

But seeing as we were discussing the personal CGT allowance of £12,300, I was assuming it was relating to a UK holding.

Thanks for the reply, Norfolk, but I might still be missing something. When selling shares in a company, the share price used to calculate CGT liability is the average of the total holding at the time of sale, rather than what you paid for each installment (it's not a first-in, first-out scenario).

Forgive me if this sounds patronising (it's not meant to), but if you originally paid £10 for a share, and then later averaged down by paying £2 for a share. Your total holding is 2 shares bought at a cost of £12. So if you decide to sell a share, then you calculate CGT based on the average acquisition cost of £6 a share. You can't sell the £10 share first, and keep the £2 share.

It doesn't matter what happens to EQT in the future, the only thing that matters is the difference between the average purchase price of your holding, and the price you sell at.

Yes, there is the £12,300 personal CGT allowance that can be used for the 21/22 tax year, but Norfolk's statement made it sound as if he thought his sale wouldn't count towards this because he was selling his original investment.

13 closures!? As much as I like DP and EQT, I wouldn't trust any figures a board member gives outside of an RNS.

If the 13 closures were nailed on, they'd have to be RNSd. If they aren't nailed on, then why run the risk of over-promising? What will happen if EQT doesn't achieve 13 closures this year...?

Even 8 is looking optimistic at the moment with 1/3 of the year gone. 1 would be a good start.

As much as PIs want instant results because they spend all day staring at their computer screens, refreshing the share price, big successful businesses are built much slower, and not every lead pans out.

I remain cautiously optimistic for the mid- to long-term :)

Norfolk, I'm a little confused by your statement. Any sale from a standard (i.e. non-ISA) trading account will incur CGT liabilities. It doesn't matter whether it was your original investment, or whether you are using the proceeds to fund an ISA.

Unless I am missing something?

That's a lot of shares to dump in only a week. Is that even possible? The total trade volume for that week doesn't add up to 605,000 shares.

Corrective wave for BTC as part of a larger bullish run up to new ATHs = no problem.

Classic fib retracement for ARB as part of its recent 125-205p rise = no problem.

Both signs point to a much higher sp for ARB in the near future, so I took a few more today at 162.855p :)

I reckon a large part of today's US rise was shorters rushing to close out.

Does anyone have a comparison of US shorting % today? It was at something like 24% a few days ago.