Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't forget the other investments that VELA has. I'm very happily invested in ARB as well as VELA, they are flying along today as well! It isn't a massive holding there but almost 20% up today and rising fast isn't to be overlooked.
Do you guys feel that there is a danger of a takeover if the price is this low? Surely it has to be on the radar of bigger players as it is literally printing money each month if the btc price keeps rising.
The other option is, does the company start using the money to buy back shares if it stays so low?
Another great day for ARB, I don't think that I've ever felt so comfortable about one of my investments before. I wonder if the board see an opportunity to buy back shares as they have good consistent revenue and the share price seems very cheap?
This isn't a deramp, it is just a realistic view of a company that has been in decline for a long time.
The stake in ARB is the lifeline and should come off but if that is all that we can hold onto then you are better off investing directly in ARB.
Thanks for the reply, that is significantly more than I have here. Does that make up a large % of your portfolio or is there a limit to how much you would have in one share? I'm also excited to see where crypto ends up and I'm happy to be here for the journey! It would also be nice to find a couple of other companies that are on the same path as I think my biggest fear here is that someone buys the company before we peak.
As the price is slightly static around these levels atm I would be interested in what exposure people have to this share? I'm a very casual investor with limited funds so I'm technically all in on ARB but the figures are low for me. Due to the massive upside potential it would be interesting to hear how other, more experienced, investors position themselves with a share like this?
This had been my longest held share, I've made plenty off it in the past but got lazy and let it drift. I've sold out today in hope of making back the current loss elsewhere, gla to everyone else still holdingon
I'm really not fussed why it is going up, if it allows me to get anywhere near a price to sell then I'm gone! I had written this share off as a loss so I will sell as close to the peak as I can, some people will have made a fair bit of money off this over the last couple of weeks though sadly it is unlikely to be any LTHs