Member Info for Globex

Why stop at the 'high courts'? Why not the Supreme Court?

Better call 999 then mate

Thought I'd check the KR1 fee structure, it includes an performance fee of 20% of the "portfolio appreciation" applied annually satisfied by issue of shares to management. It's NAV based so applies regardless of market cap. Higher the value they give to any hard to value illiquid holdings the more they make. It's charged in addition to the various consultancy fees. In 2021 it amounted to £30,144,241!

After a break last year, anyone considering investing should be considering that with this year's crypto surge shareholders are going to get rinsed again in a couple of months (and every future year that prices go up).

To OP for argo shares in issue to use example of Jan 2021 it was 323m, vs today's 535m, so in that time there has been a 65%+ increase through dilution. Put another way a share price of 10p today is same market cap as 16.5p would have been in Jan 21.

Personally I don't see the point in KR1, if you want to invest in altcoins better to do so directly, it's not hard, instead of gifting someone else total control of allocation and with it the ability to charge you fees on top.

Btc momentum feels very similar to that late 2020 pre-launch period to me, which might be interesting as far as US miners go. Tracking back they were all over the place that year, but there were consistent 50%+ drops from that summer to winter. Then into 2021 we all know what happened next.

It's an unusual de-ramp method anyhow, to effectively give it profitability

There's no p/e for FY23 because for the first three quarters it's been cumulatively loss making even on EBITDA basis

Belerion Capital bid was a hoax too. These fake bids really should have been investigated for market abuse.

Do you mean the character on here who announces he's sold somehow every few weeks magically at the top each time? Makes me laugh, watch if this hits 90 he'll say he's sold again.

Powell rug pulled us today in the end, what an attention seeker

Well done to all who kept the faith here in whatever flavour your US miner. For Mara only 4 more 20% days like this required and we'd smash $20 barrier.

I'm sure he's fine because everyone will be kissing his a ss when their wages depend on it. At this point he's clearly only surrounded by yes men and those too inexperienced to know any different.

This could well be the moment Mara pivots upwards again, by my reckoning btc has broken through key resistance levels over last few days. Always mindful it's easy to get carried away and to expect the unexpected, but if Mara profitability hits now too as well as worst of the dilution now over it does look like we have number of catalysts coming together at the same time.

Also apparently Francesco is now working on a flux capacitor that will enable miners to travel back in time when there were higher block rewards, rather than the halving it'll be a doubling.

Good on her. If Moaning sees these comments it will cause him real cognitive dissonance to see the peasants revolting. He's now so disconnected you can tell all he really sees in his professional life is adulation from the people that surround him that are financially benefiting from that relationship in some way.

No more likely a US network or private equity as with Pendragon or Lookers

One or two poor forecasts could perhaps be forgiven, but this is now a consistent story of failing to deliver time and time again. They've shattered any trust that might have remained, it will be a long hard road for them to rebuild, time that Sorrell frankly doesn't really have. He's totally and utterly dropped the ball that many times, well past time for him to be put out to pasture.

I can't think of any other UK stock right now that looks more primed than this to receive a takeover attempt

Do like how they've not significantly diluted post quarter end at all, looks particularly disciplined after Riot's efforts