The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I'm with iweb and late Friday night my shares hit my trading account with a few **** in the share price section . So in other words assuming I can't trade the IPO stocks until Monday anyway, shares not operationally ready yet.
I have been watching the pattern and price drop on Friday and ready lots of chat here. IMO with a view that Monday/ Tuesday there may be a further drop when new IPO investors sell their shares straight away ( not judging quick smash and grab PI's- nothing wrong with taking profits when you see them)
I only managed to secure same as most here small amount £570 ish worth out of what I originally asked for, so for me I intend to hold longer term as it's not worth selling out yet since I got them at 5p.
Imo buying more below 10- 15p and holder longer term, switching off and coming back later this year would allow time to catch up to 50p + levels , that's where I'm aiming for.
Yes I'm new to this share holding today only the IPO amount , but to bag around £1,700 profits is not constructive in my plan. I'm hoping since ARB is well on its way and has made so much money in 1 year , Peter Wall will put more of his business focus here and watch this space by end of this year, if Peter Wall replicated this 5p could turn into 50p easily in longer term after products launched latter part of this year.
DYOR and GLA whatever your strategy is !
Morning All,
Thanks for the link from ARB board......
Newbie here and still waiting until next week to get my IPO shares into Iweb account.
Naïve me I thought via IPO this was a new share, but I see that most have been trading on this for much longer.
I don't day trade , so I am going to sit on the fence for a bit to see how volatile this share can be before topping up.
IMO I can image once the 5p shares go live a few may instantly cash in for profits as this is already around 25p mark.
I am invested as I believe in Peter Wall.
GLA
Hi all,
Yes I understand the RNS yesterday about Argo Commences Trading on OTCQX Market.....
Question : Is there any set period a company must stay on this market platform before we can move up to trade on Nasdaq? Ie must wait 3 months ? .
Not de-ramping but considering latest news I'm assuming PW wants a gradual build up and more exposure in the US first, a solid base before big move to nasdaq ?
Is anyone else wondering apart from me thinking nasdaq is more further away now than we anticipated ? Ie not in next few weeks anymore?
Happy to be corrected to the fact ARB can be listed on both US markets at same time .
GLA- HODL
Hi All,
Popped back in and glad to see the RNS and price rise. Wow such as difference a few days makes, from last week I was feeling pretty deflated about CHAR (yes I was having a pity party) , but finally an RNS to now see a glimmer of hope.
I do not want to tempt fate but happy for my fellow investors that we are going to see 9p on the horizon.
Not expecting a rocket upwards 30% in a day , and still a long way to go for my breakeven target.
Happy if we can at least hold any steady increases.
GLA!
Positive message to new holders panicked by the recent drop...In my experience only last month I was holding at 120ish....watched it drop all the way down to high 70's ( topping up along the way ) ....then all the way up recent highs touching £3. I'm still holding all of my shares even with healthy profits still showing now , because I believe there is a longer journey ahead.
Those few weeks at low 80's were carnage with many nervous sellers , but do you really want to chance the possibility of not being able to get back in later ? , why not just top up and buy more to average down if you are in the red right now- great opportunity !
Each to their own but IMO for ARB it's better to ride out the daily drops BTC storm and in a few months time you will be looking back thinking £2 range was a bargain to top up.
Wish everyone good luck and well whatever they choose But I'm HODL
GLA
Hi all,
Popped back in and I see nada has changed unfortunately. No updates or hint of actually what they are up to to get us out of the fine mess after the lies and broken deal. Imo I'm worried about the burn rate of cash , does anyone have an idea how much debt we are sinking into as the each month passes by with no further news? .
I've been researching market but no news to be found on their intentions / plan.
Not de-ramping but by end of Q1 on a new year I woukd be expected some decent update? Very poor communication by the BOD.
Not bitter, just seeing if we ever go back up to 5p at least , so I can break even. So much potential just managed badly.
GLA
Today has reminded me of watching blue planet. When the big shoal of fish swarm...then get spooked and scatter, with the bulk of the fish still coming back together, while few stray fish scatter and get eaten by the whale. Someone always wants to snap up your shares !
No reason to panic -chill in the ARB swarm - HODL !
Hi all,
Yes there seems to be a bit of a panic today and SP dropping retrace, good luck to those scooping up the extra shares.
For longer term holders all positive news on RNS.
Did anyone get a clear view of nasdaq criteria last week , what I mean is I thought we smashed the 5 days in a row minimum US $ requirement? , so all this panic selling I thought will not make any diffeence for nasdaq listing ? or due to panic selling today does the clock count restart again ?
Sorry if it sounds like a crap question, but I like to know where we stand and an RNS on nasdaq would really calm a few newbies ?
GLA!
I think most have the same CGT problems , but what a problem for us to have lol.
You get £12,300 per year allowance on pure profit.
Off set any losses from other shares you had historically against your new ARB gains, you can count losses backdated . If you have still, this year's tax allowance amount £20k, then bed the gains and move over to ISA account asap. You can call you trading account people they will help .
Unfortunateky shares don't move across at same SP price originally bought. The share dealing people will sell from your normal account, and try to buy back into your ISA asap, so there is a risk of price changing but at least any extra profits are tax free and not subject to CGT.
Unfortunately I've maxed out my ISA for this year already on ARB, so I have to wait until 6th April new tax year, to bed and move into new ISA from normal reading account . Also as people mentioned use your sipp pension account ( which you can back date 3 years allowance of £40k per year) , but in a sipp you can only withdraw 25% of sipp at 55 years old, but rest in the sipp pot you have to ride out until retirement , but again no taxes or CGT to pay on profit.
Can't hide from CGT it will catch up on you , they know when you sell any share ;) . As soon as you sell a share ( doesn't matter if you don't cash it out full of trading account and try to invest in a new share ) , HMRC still count your sell trade and count your profits. CGT should be 20% taxed on any gains above the annual free threshold of £12,300.
IF you can wait then cash out 5th April use CGT allowance, then next day is new tax year , new £12,300 allowance kicks in again :) .
Not my personal financial advice - but what my accountant has advised me , so I suggest you get more financial advice as back up.
Does anyone know how to set up a new chat board on cellular goods? .
I'm invested in both, but conscious we will start getting pure ARB holders annoyed with our chat?
I'll see you all on the new chat board once set up.
Until then , yes I applied for the shares just before deadline . Got the same standard email as everyone else and now waiting for confirmation how many I actually got if any . Imo only it will rocket on first few days of launch , but I don't know enough about the demand on skin care /where they are at in development or launch of any products from day one ....so taking one step at a time before I invest in more after flotation at 5p.
GLA!
Thanks Speed Ferret. I agree I've been on iweb for so long out of habit and ease to use really never noticed the spread could be so large at times until I wanted to sell. Yes I have been holding other medium term ranges of traditional FTSE stocks (random range from Just Eat/ CINE/ SOLG/ IAG/ BOO/ Banking usual ), which the likes of IAG are in the heavy red zone and slow burners now due to COVID. I have been grabbing 10-20% gains here and there where I could to get by.
In a normal world I'd be happy with that type of % ROI, but since COVID hit I have been out of work most of last year hence tried to think of quick gains via AIM. Agreed AIM shares are a gamble most times , I see potential but then get my timings wrong. Lesson definitely learnt now =nothing wrong with top slice profits when I see them now.
I jumped into a few BTC related stocks. Luckily found ARB , so kids school fees now sorted for upcoming full year September 2021/2022 thank goodness. Just need to get back to work properly this year and normal FTS rise back to normal.
I'd really like to see CHAR rise again, but I have an issue with timings. IMO for CHAR lack of updates is not helping us even see 8p, hence likely cash out by April with whatever losses showing.
GLA!
Has anyone been keeping track of the US closing price daily ?
Sorry if it sounds like a silly question but am I correct in understanding if the US close price next Monday and Tuesday holds over $4, we will have hit the 5 days consecutive requirement hence allowed to push forward on Nasdaq application next week?
I wouldn't want to be out for the weekend and miss out on Monday opening with BTC riding high.
GLA !
Sorry will only post once on this topic on usual ARB board.........until we get a proper chat BB. I just took a punt and just invested £3K ( summary screen says i'm invested) , it has gone through on the Primary Bid .com website . You have 13mins left , but you have to set up an account first which is really quick less than 5 mins ...........so just waiting to see if I actually got any shares when they do float .
Great post Adamskii- What's a daily drop when in the long term this multi bagger is a life changer.
Wake me up when we hit the Nasdaq and start seeing £5 !!!
GLA !
I can't seem to sell on iwebshare only NT - also the bid price is a big gap in my opinion.
GLA
If anyone sells based upon de-ramping chatter and news on chat boards then that's their choice, but will regret later .
There's so much positive news via official RNS for ARB, go with facts not just chat
GLA
New to this SP as in yesterday, but it hit 128 ish this morning at 9am, but really dropping hard in few hours . I'm not day trading this, likely hold until end of tax year and see where we are.
Apart from jerking down due to being tracked to BTC price and profit takers this morning, is there anything else I have not considered? . Meaning is there news or rumors on social sites which is impacting?
GLA
Not ramping or de-ramping but I only pop in now every few months in the hope of any decent movement or news.
I'm still stuck in at 12.15p.
Yes I was going to stay a long term holder but right now seeing the same Loss showing,
personally a going to give it a few more months, then if need be cash out at a loss .
Use the loss against CGT on other shares which have made profits this year. IMO - Either hold and keep seeing red -40% and hope later for an RNS in the year it will rise, or just cash out and find something else to recoup losses ? .
GLA - IMO I have not heard anything that will get this SP to move past 8p so I could be stuck in for years.
It's fireworks for every type of Crypto / BTC related share out there right now. Sit back and enjoy the ride !
Good luck all and watch this afternoon once the US wakes up ..........it will be raining ££££ - £1 mark here we come
I was so tempted to top slice yesterday when it bombed out of the blue- I'm still almost 200% up,
so greed is a good thing guys - no shame here!
I've never had my shares all go up in such as positive multi bagger way - this is an opportunity of a lifetime. Riding the BTC market wave - MODE/ RIOT / MARA / ARB and now I just bought some Online block ( OBC) so fingers crossed that will be a extra bonus for the kitty pot.
ARB is the gift that keeps on giving - HODL and bring on £4.
GLA!