Member Info for Hexam

jeff - has it? I thought CINE only traded OTC anyway. On what exchange was it listed?

It just seems to have moved from one OTC ticker to another?

andyb - welcome! I'm afraid new posters often get grief (assumed de-ramper etc.) but to answer with a straight bat:

It is nowhere near half their ability to sell films that may go under. CINE has worldwide market share much less than this (a bit more than 10% I think). If CINE closed the impact wouldn't even be as big as that as many would simply go to an alternative cinema that is still open - and if their income includes a fixed element they would maybe negotiate this given other cinemas are picking up more footfall.

In addition it seems they are owed quite a bit of money from CINE so income from more stable competitors maybe more attractive.

Having said that I would have thought they would prefer as little disruption as possible so would be supportive of CINE - just not as much as you perhaps think as they have less to lose then you have assumed.

AB - There was a clear line in the video where he said "we will receive 25% of the bitcoin mined from those machines going in" which is very different from receiving 25% of net profits. Perhaps in his head he made the assumption that this implied Arb also picked up 25% of the cost associated with that mining but it would have been much better to say so explicitly.

jeff - "was Ian's summary right"

If what you're referring to is the assertion that a D4E is illegal/not possible the answer is no.

It would be great if there was no D4E but I think there almost certainly will be at some stage. What I thought the judge ruled out wasn't a D4E but related to messing about with loans by using the new loan to pay off some of the old loans.

Appreciated Jamesy. I know we don’t always agree but our debates stay civil.

Wow! "On nearly every count I've been proven correct." Delusional much?

As for your childish and abusive rant I think it's just best to turn the other cheek.

“Also, I called the bottom on bitcoin and argo. I was ridiculed by Hexam on that one too.”

1) I ‘ridiculed’ you because you were claiming to ‘know’ something you couldn’t possibly know - just guessing

2) Both BTC and Arb fell a lot more after that and are still lower now. So I wouldn’t say you did call it correctly anyway!

It happens on every share at the end of the day and to me just shows the level of interest in the share and obviously the optimum price they are willing to trade at - hence it sets the official closing price.

It is not just a big buy (hooray) or big sell (boo) that some are claiming. That would be a bit more significant.

A similar thing happens in the morning to set the opening price.

Sort of Dilly - here's the best explanation I've found:

https://www.shiftingshares.com/what-is-an-uncrossing-trade/#:~:text=The%20uncrossing%20trade%20is%20the%20result%20of%20all,than%20the%20sell%20order%20in%20the%20call%20period.

The UT is by definition a BUY and a SELL. 3.813p was therefore the price that was able to generate the most trades in the closing auction.

I will say sorry now though for getting your name wrong after all that. Oops :(

Jabba - from what I remember I called into question (among other topics) a number you quoted as a rebate the BTC industry would get as part of a senate bill. I did not question the actual technology related to this (something about recycling methane I think) - I'm not remotely qualified to. If it leads to BTC miners getting the kind of money you were talking about then I will indeed put my hand up and say sorry.

I can't read your links though as I'm not on twitter but presume it is just about the technology from the headline?

PS - don't worry about the name thing. Many confuse it with the lovely Northumbrian town.

What are you on about? By the way at least get my name right if you expect an apology. Not the best way to go about it.

To be fair even PW was pushing the negativity today - and he certainly did seem flustered.

DillyD - You may be 'new to this game' but you're catching on pretty quickly.

Better to just ignore posts that give any sort of short term sp prediction - whether that's 1p or 20p. Even if reasons are given they are usually rubbish - but normally it is just mindless deramping or ramping.

Today has been a good example.

Where has Wolf been proved wrong?

I agree Poor - I don't think it will go bankrupt either and have never said so.

"1.2m shares bought in the first two hours speaks for itself"

It also means 1.2m sold. All miners are rising at the moment due to BTC rallying. I doubt it has anything to do with the RNS since they've never tended to have much of an impact before and even PW was downbeat about this one.

jefff - I'm not, apologies if you thought I was. I was thinking of the likes of FTH, ProfitJock and a few others.

"Appalling productivity which was around 100 BTC mined per EH in August. BitFarms mined more than 140 BTC per EH in the same month. Presumably they have had curtailment and/or have to turn the machines off in peak hours as they can’t afford to keep them running at peak electricity prices."

In the video PW actually said he was disappointed with the August mining numbers, as they expected to mine more, and this was due to significant curtailment during the month because of the high electricity costs.