Member Info for HarChris

I suppose they are a good week behind.

'European prices rose 4% last week to $34-37/kg on Friday'

Really? It's more like $42/kg...

You said a few days ago you bought back the ones you sold at 11p in the high 9s, why are you now pretending you didn't buy them all back a few days ago and instead held off and bought them back at 9p today?

Good luck but you just got lucky, none of us could confidently have predicted full scale invasion!

We get a hell of a lot more comments on here when we're in the red!

This is a good well-balance article on the subject: https://www.rferl.org/a/nato-expansion-russia-mislead/31263602.html

That's not true if they have already crossed the next threshold by the time they file their TR1, look at Synairgen and Polygon yesterday - went from 18% to 22.5%.

The only argument for biosynex stopping accumulating is if they were priced out- at 170p that just doesn't hold and stopping at 4% by their own admission would be bizarre.

No, I agree, they're going to continue buying almost certainly.

The likes of Funky Finance got caught up in the Argo euphoria and then I imagine sold out on the way down around the £1.20 mark - not disingenuous, just simply saw the direction this was heading at the time.

One has to think this is quite a critical period for BTC - moment of truth of whether it's seen as a safe haven/a store of value or simply a speculative asset?

I imagine the biggest pushback will come from the oligarchs and the rich Russians close to Putin that are hit, not the patriotic proletariat who will continue to deify him.

My argument was not *if* Russia invades it's better to have money in novacyt than cash, of course if we knew for certain Russia was going to invade like this moving 100% into cash would have been the safest and wisest decision, but we didn't. The point was that at whatever price we were at the time (180p ish) I saw novacyt as a decent hedge against possible conflict. I don't see that as being *that* controversial but of course I could be wrong and we might see the sort of lows you think are possible.

Will leave it at that today as it feels crass worrying about one's investment.

I've learnt from my errors byp as all people should try to do, no numbers given but confident that there's a limit to any sell off here.

So you are predicting we crash from here then? 150? 120? 90p?

That was my theory and I stand by that still. It doesn't mean no movement at all or no short term dips but at this price I think we finish the week at least where it is now, maybe higher whilst many companies are going to see 25%+ drops from here.

Sure but the threshold crossed was yesterday, I see no reason why this information would be incorrect even if he was prompted to file the TR1 by 4D - it would just be a late filing and have a date such as in early Feb.

Again I just don't see what it gains him to mislead here in this manner - surely there's another big seller?

Should have stuck to your guns and waited one more day wildtiger and you'd actually have bought back at your target price rather than 5-6% higher.

Why are you assuming he's playing down the numbers? It doesn't benefit him in any way...

It appears Oliveira is actually selling down sensibly and very gradually but the 'Oliveira is dumping' narrative has pushed everyone onto the sidelines.

Well at least that answered my question re will there be a TR1 when Steven goes below threshold - didn't you expect him to be below 3% by now though Sang? Bit frustrating that he only sold 1% in a whole month...

A stronger buy than ever? Should I be setting buy limits pre-open so I don't miss out?

A P/E of around 6 is rather low and unusual but evidently there is a reason beyond just sentiment and that's the heavy investment required just to continue to maintain market share and the very real chance that 'growth plans' , if not ambitious enough, leave Argo mining less coins than they do now...

You will also find in times like this, no matter what the longer term outlook is, if the short term is bearish then investors and traders wait on the sidelines and inevitably the share price falls further before it begins its recovery.

Still, barring a collapse in BTC, you'd think there wasn't too much further argo will/could fall.

For me the reality is somewhere in between - if we are to stay on AIM we are going to need both excellent strategic management as well as savvy communication and share price management/engagement. The former alone should still see solid returns from this level as the fundamental disconnect is nearing its limit but both will be required if the board are going to extract maximum shareholder value. Still, it's far easier to improve the communication side than the business side + there's still every chance that part of the reason for the news blackout is SA politics which is out of BMN's control right now.

Ps what a terribly sad last sentence Pdub, it made me choke up.