Member Info for BodRuncie

It also creates a strong floor of support at 45p.

I'm no chartist, but others are, and these things can often become self-fulfilling prophecies, so considering the sharp rise over the last couple of months, this will probably help to fill a few of the gaps that arose, and provide a solid baseline of support to underpin future increases.

I subscribed to the Primary Bid offer.

Sure, it's a kick in the nuts, but it's only temporary, and I get a chance for more shares at a (soon to be) cheap price.

If this helps accelerate the company's growth, then that's all good news in the long run.

I'm hoping for a "better than expected, considering the possible Covid complications".

This share has been hit hard by Covid, but I don't think it's justified. The trading update RNS from 23rd April was fairly positive in its outlook. The share price could easily return to 60+ with "inline" FY results, and surpass it with anything above that.

It's probably someone who got 1,000,000 shares in the placing at 1.1p. They are forward selling now at 1.2-1.3p, and buying back at 1.1p. An instant and guaranteed 10% profit.

And that is based on current BTC prices... any rise in BTC and that 8 months reduces further.

Value will out in the end. Hold on to your shares, we are lucky to get in at these prices. It's just a matter of patience.

me, and I'm hodl for at least 15p before top slicing.

Triggerboy and Torham, I completely agree with you both.

Been in ARB for a while, averaging down while the company keeps making money, month on month. A medium term view is required for holders to see serious returns on their investments, but other than the stagnant share price, there is nothing not to like :)

I don't want to jinx it, but it's good to see yesterday's gains holding.

Too many shares is way better than too few as it creates liquidity. A share buy-back wouldn't diminish the available number of shares by much (even a 50% buy-back would leave 150m shares in circulation).

It would be better for the company and shareholders for ARB to pay a dividend as that would attract more investors and boost the sp. Let the herd arrive when they catch on.

Absolute last buy from me. 123k shares at 4.45.

A fair bit of buying pressure this morning, 3 purchases of 100,000 and 2 more of 50,000 between 11:30 and 12:30. A buyer accumulating a stake?

Are the sellers done?

Just curious, why are you losing your faith in your research? What has changed with the company or BTC?

100,000 buy went through this morning at 4.31 (though it's mischaracterised as a sell). Makes a change!

*Chang. Dang autocorrect.

4 lots of £10,000 sales today. IMO, Bed & ISA unlikely because they all went through at the sale price. Don't the re-purchases have to be at the buy price?

Otherwise, trading is different today and yesterday. No more 100,000 share sales. By now Eric Change must be out, leaving only Mike Edwards as a known big seller. And he must be out soon, surely?

But what is weird is that there are a load of sells that barely drop the share price. Then a tiny sell that causes a massive drop. Look at the trades at 11:34 and 11:55. MMs would take 50,000 shares at 4.28, but then only offer 4.10 for 600 shares. Same at 10:39 and 10:46.

My guess is the huge sales might be delayed trades? If the buy price of 4.40 isn't changing, then there is likely still a steady seller drip-feeding into the MMs.

Every trade from 8:42 to 9:32 is misassigned on lse. They were all sells, but listed as buys.

Real buys/sells today are even.

Reported buys outnumbering the sells today and we're still slightly down. Plenty of buying but it hasn't shifted the 4.045 asking price. Probably another large-ish sell being worked?

I'm trying to time a final top-up. Can i make it to sub-4p?

The 119,739 just now is mine. A buy at 4.15p

You got yourself a bargain, sir.

I don't want to jinx it, but there have been no 100,000 sells today.

Volume is also teeny tiny, so it's all set for an increase in share price if any decent buys come in.