George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
@jollyspeculator the reason why anybody would buy here is that they believe that most Tern shareholders will vote against this horrendous takeover which adds no value whatsoever and only dilutes Tern shareholders further and if they are right, then the Ternshare price will return to around level of pre RNS announcement (it also gives them more shares to vote with).
The notional 8p price at best (it is a lot lower than that now) for Piri also leaves a lot of their shareholders heavily underwater, which is why their share price has fallen further to 5.39p today.
Heading into a big recession, I think DFSs no deposot 0% finance over 4 years will drive more sales for Eve Sleep mattresses, then they would otherwise have achieved. It also brings a far larger viewing audience to Eve Sleep itself, and bargain hunters may try the Eve Sleep website direct, where they will find the mattresses at a cheaper price and still have the option of 1-year interest free finance or spread the cost over 3 equal payments via klarna which is also an option on their website.
I don't know if anybody has posted this before, but DFS have placed Eve Sleep mattresses right at the top of the page on their mattress section on their website
https://www.dfs.co.uk/beds-and-mattresses/mattresses
Thank you you so much for your prompt reply Shadow Cat, I did think that, but I just wanted to make double sure.
I didn't want to look at absolute plum if it was really 1p & I subscribed for them!
I ,like most shareholders on this board I am not happy with the deeply discounted price, but it seems we have little choice but to go with it in case it doesn't get voted down (I have voted against all resolutions).
At this price, I will also apply for extra shares above my allocation, as in case it goes through, as it's too good price to miss.
Sorry if this seems a dumb question, but how much is the actual price per share of the fundraise?
I am with interactive Investor and they always put an extra nought before and after the decimal point , compared to others, so while their notice states 0.1p. Does that mean it is 1p or is it really m 0.1p?
I hope there's some of you have had a more clearly worded statement.
As you know,I have until the 13th of January to declare, but I want to be absolutely sure of the price before I commit.
Thanks to all of you in advance for your assistance
It is a bit of a stretch to say the least to compare SYME with with ARB. Argo is a Bitcoin miner & the peaks and troughs you speak of are Bitcoin related, which is understandable.
SYME has different reasons for droppiing as as we all know too well, it is not affected by the price movements of another entity.
As a long-term income holder of #ARB (I am also invested in #QBT), I can confirm that the 9th of August RNS you refer to was relating to Argo's order with ePic & was relering to an order for mining rigs for the new Texas 800MW facility in q1 2022
Peter Wall later clarified the situation & stated that the previous order had been cancelled & that the $5m deposit has been carried over as a deposit on new machines ePic is currently working on (in consultation with & built to #ARB's specification) as the previous machines would have been obsolete by the time Texas opened.
Talking about shorters, this is from my daily update on the huge shorting volume of $ARBKF on Friday:
https://twitter.com/BrianNoronha5/status/1423921341711912964?s=20
Here is something I put on Twitter, stocktwits and 2 Argo Facebook groups that you might be interested in:
https://twitter.com/BrianNoronha5/status/1424326662687272962?s=20
The 10:34 trade that has just been updated on the LSE board was mine and is a top-up, it was definitely not a sell & I suspect some of the other sellss this morning were buys, as the prices are similar to the price I paid.
The trade at 10:41 is my purchase which is showing as a sell. I think the shares are oversold , so I added some more to my holding at this price. BLU will begin to go back up again. Guild is back on the rise currently up 5.04% today, which hasn't been reflected in our SP yet.
I agree Iceman888 & that doesn't happen very often, so I took advantage added a few more to my holding. Tthe first trade today at 08:22 was mine & as is very common on LSE it is showng as a sell.
I wish I could have addedl more at this price, but it is all the cash I had available in my account.
Binance is one of the most popular crypto trading platforms in the U.K.
They have just been BANNED by the FCA whereas #MODE have just received their EMI licence and AMLD5 registration and are now FCA approved.
Expect a huge influx of UK Bitcoin investors and traders moving across to the mode app over the coming weeks & a big bounce in the SP as well.
Jonathan Rowland just tweeted this:
"@modeplc....this shows the strength of our offering. Binance Banned and Celsius withdrawing there FCA application for 5AMLD. we are regulated as a EMoney/Small Payments Institution as well as one of only 5, and the only plc with the 5AMLD registration.
@TheFCA"
This throws some light as to why #mode is discontinuing the Bitcoin jar as Celsius was the main partner in the scheme & mode knows something we don't.
It is you New_Dawn who is clueless, you are completely wrong in your assertion. Your Bitcoin only gets lent out for for shorting purposes & your 3 x 4x 10x scenario would be a lot easier & quicker if you & others chasing interest on your Bitcoin, didn't give shorters the ability to drop the price of Bitcoin at your expense for a measly 5% interest per annum.
One reason a lot of investors in Bitcoin (especially Bitcoin Whales) move their Bitcoin of exchange is so that it can't be lent out to shorters (the other reason is that they fear the exchange may get hacked)
I have been investing in shares since 1984 at the age of 20 & I have been investing in Bitcoin since 2014, so I am hardly clueless in either sphere.
Here is the official definition of longs and shorts for your education:
"You initiate a long trade when you buy an asset with the expectation to sell it at a higher price in the future and make a profit. A short trade is initiated by borrowing an asset to sell it, with the intent to repurchase it at a lower price, take a profit, and return the asset to the owner".
Get the bigger picture.....Wake up and smell the coffee!
And as I set before in my reply, you are not looking at the bigger picture. You are chasing a measly 5% APY interest in return for lending your Bitcoin to shorters which is costing you a hell of a lot more money than you think in the long run.
The biggest joke is that they sell the Bitcoin that they borrowed from people like you at the high price and buy back at a much lower price ( making all the profit), then they return it to you & all you receive is 5% interest in a whole year and your Bitcoin back, which is worth a lot less than it was when you lend it to them.
I'm sorry sorry to hear that you are currently down on your investment, but it is really nothing to do with baseball caps or the other merchandise in the shop for that matter.
This was not a launch, it was merely an addition to the mode app as a beta test so that existing mode app users can see see how well it works when buying #mode merchandise & get a 25% reward in Bitcoin
It will also be used as a sales tool to bring more merchants onboard by demonstrating how quick & seamlessly it works.
This beta test allows mode to tinker & make improvements depending on feedback from existing mode app users to perfect the super app before it is launched.
More merchant partnerships will come on board in the mean time (who wants to pay excessive credit card fees).
VISA already know their days are numbered and splashed out $2.1 billion yesterday to buy open banking fintech start-up #TINK
Mode is only valued at £41.15m ($57m) and is certainly not start-up!