Member Info for farhantahir

Afternoon :).
Not sure, if i'm honest. But that is my understanding also. The scheme requires 75% of the shareholding to pass it - without DBAY, that's now impossible. I do think we'll still see a sale - just to who - I don't know. But interesting that now DBAY control the show, again. I don't however, see them walking away from it now given they just bought around 6m shares for 75p each - they could have done that cheaper last week. I personally now expect a counter bid from dbay.

Looks like DBAY bought them. I still hold here - i'm tempted to increase my holding now. Developments look interesting!

Yep - i saw this RNS. Wonder if their plan is to either: a) block the acquisition; or 2) make a counter offer once they reach 30%. Shouldn't be to difficult given there are a lot of sellers in play at the moment, so they can reach the 30% threshold.

But if the former - i do wonder if it means i'm being silly by not selling - can the bid be cancelled?

I do wonder if DBAY will buy 25.01% of outstanding shares and possibly attempt to block the sale. Is that even possible?

I haven't sold yet - happy to wait for the 75p as there isn't anything I currently want to buy - still in the research phase... But at the same time, i don't want to risk a fall...

MJS - the bank holiday is something Argo cant control :).

Anyway why is everyone rattled? Long term, this will show awesome returns. Still in for a £10er, long-term. I have no issues holding for many, many years :).

Kinda get the loss of Standard Life - brands been sold (I do wonder what for), so SLA can't use that any longer. But yeah - Abrdn still doesn't sound great. Wonder if it's meant to be something clever - like an anagram for "brand".

What's everyones opinion on the new brand name? I know I have my opinions and they aren't great...

Prob what your dad said to your mum.

Yes - showing immaturity is the best way to deal with trolls. :).

Yep - BG is a firm I respect greatly. They've always called innovation quite quickly - so with ARK and BG supporting crypto, I'm confidence with the future.

I might have to increase my stake in crypto :)!

Both play a part. Margin is always revenue - costs. So if BTC goes up, margin increases (provided costs stay where they are). If Costs go down, margin increases (provided BTC stays stable).

I guess here, Argo can control it's cost (by getting cheaper power, for example). Revenue, less so (unless they can begin to influence BTC prices).

@Everup - it depends how long you can wait. Long term, the fundamentals here are solid. Nasdaq will re-inforce that. There may be ups and downs, however.

On a personal level - I did consider going all in. But then I'm looking to buy a house this year, so I might not have a fully long term perspective. But what I hold in Argo (and a few other growth stocks) won't be sold.

Trading pot is fun tbh. I was bored so put £200 on a FreeTrade account. Plan is to see how far I can get day-trading volatile stocks. Done pretty well, lol.

easy profit then, lol. (If you can deal volume and get past their dealing charges/ Stamp duty).

Given ARBKF fell through $2, does that mean Nasdaq will be off the tables for now and the timer needs to start again?

Can take a few days. You need to sell, wait for funds to release, then top up your ISA. HL said they can do it but takes 5 days. To risky for a volatile asset.

Long weekend I guess - makes it more risky. Who know's what BTC will do?

ICOs is initial coin offerings.

Lol I was going to call him an idiot aswell. BUT then I remembered I went on holiday in 2016 and had a stop loss set, with a significant holding. Didn't look at the share price for 4 weeks - came back, stop loss was triggered and I lost (what was to me at the time) a significant sum of money :). Kick in the teeth was that the company was taken over (and the reason why I invested in the first place) not to far later...

You live and you learn.

You can buy single shares through apps such as FreeTrade without any transaction costs. I've done that regularly when bored. Set myself a challenge of seeing how far I can take £200 in 4 years. :D.

It looks at the mid price. If its below mid - it takes it as a sell. If its above mid, it takes it as a buy.

I've stopped looking at buy sell volume. Its never accurate for small cap.