Member Info for CaneToad

Any opinions on what the results will be? It sounds positive to me. Might surprise the market.

Much easier to get a broker to sell some of the HODL at VWAP target once the rebound happens. Pure fantasy to try and setup a trading arm.

Peter sold his own ARB shares at a good price. If I remember correctly, he mentioned something about reducing his risk. That makes perfect sense to me. For similar reasons, I expect he'll sell some of the HODL once the price rebounds. Clearly he's not going to tell everybody just before he does it...

Would be happy to see it. Might be the best way to extract some money from this old dinosaur.

@Culley01: Your price doesn't seem unreasonable to me.
Most UK shares are significantly underpriced. Capita is radically underpriced and will no doubt be generating private equity interest in the US.

Yuri.F: re: "The agreement should see a new independent new body - the Enforcement Conduct Authority (ECA) - set up to ensure unfair treatment is stamped out..."

Do you consider that MANO are unfairly treating people/companies? I don't. MANO regularly work *for* HMRC, legally recovering money from dodgy directors and dodgy companies... At some stage, the temporary restrictions will be lifted and they will resume normal operations; profitability will then recover and punters will flock into this stock.

(worrying "too" much)

I think PI's are worrying to much about BTC and ARB.

The new SEC Chair Gary Gensler thoroughly understands crypto, having taught a course at MIT. While I can see him introducing more regulation, I don't think he's going to ban it completely. Regulation will make crypto even more attractive to institutional investors. As for the previous SEC Chair, Jay Clayton, he now works for One River Asset Management, where he's trying to get a Bitcoin ETF approved... strange world.

https://www.forbes.com/sites/jasonbisnoff/2021/07/31/former-sec-chair-jay-clayton-joins-fight-for-bitcoin-etf-after-refusing-to-approve-others/

The main problem that I see here is that it's off-radar.

As a buyout target, I would have thought it would be of interest to one of the speciality chemical companies, e.g. Elementis.

Any opinions on their planned foray into crypto?

Happy to increase my position here. Improving revenue, attractive dividend, solid balance sheet, good technicals (RSI=32), entry price now near the March 2020 lows.

@mwhite22: Thanks for the reply. I tend to agree with you. I tend to think it's just an overreaction at the moment. I cannot see how it would apply to miners.

One more: https://decrypt.co/77426/bitcoin-slips-below-40000-new-regulations-pose-serious-threat

Anybody have comments (apart from abusive rants/insults...) on the claims by Forbes and Insider, regarding the threat to BTC miners from the new infrastructure bill?

https://www.businessinsider.com/crypto-companies-fearful-of-28-billion-tax-plan-in-infrastructure-bill-2021-8?r=US&IR=T

https://www.forbes.com/sites/irswatch/2021/08/02/crypto-exchanges-face-new-reporting-requirements-and-stiff-penalties-under-senate-infrastructure-bill/

- Positive profit before tax
- Reduction in net debt from £352.1m to £312.6m
- Over £875m of available liquidity1 as at 28 June 2021
- RSI @ 47
- Price Target: 111.00p ((46.05% above Price / 10 brokers)

Looking attractive to me. Cannot go too far wrong at this price.

It does seem a long way off, but I'm just the messenger and Forbes is not known for ridiculous sensationalism:

https://www.forbes.com/sites/chuckjones/2021/07/31/one-analyst-has-bitcoin-reaching-4-million/

I think some of these parties play both sides, pushing it down and then riding it back up again. They really hammer it on days when the broad market is weak. It's a bit like whack-a-mole!

This is just my opinion. It might be wrong.

https://bitcoinmagazine.com/business/goldentree-hedge-fund-buying-bitcoin

Even the most pessimistic here have to admit that this has some support.