Member Info for iTradeShares

Very disappointing RNS. Yes they are showing modest growth, but from a very low base. The lack of any hard numbers is very telling.

Bitcoin adoption is exploding. Businesses like Celsius, Coinbase & Binance are experiencing massive growth, but awareness of Mode App amongst potential first time bitcoin buyers is close to zero.

The lack of investment in building awareness of Mode is choking the business at a time when it should be growing much more rapidly.

The great hope that the payments functionality will transform the business looks highly questionable to me. Why would retailers bother to adopt/promote the Mode App when Mode are not investing in consumer marketing, and the customers are so tiny in comparison with the likes of Visa & MasterCard.

I have tried to engage with Mode management via twitter, and get zero response. I have a large investment in Mode but the way things are going I will be reducing my position substantially.

Great App, shame about the management.

I managed to top up, but only by placing lots of small orders, i feel this is a positive sign.

Newboy - I would suggest that they start with a relatively small investment in marketing, gearing up once the merchants are on board.

To some extent we have a chicken & egg situation. Good early marketing activity can be self financing if it is well executed.

Relatively low cost options include PR and online advertising. A good PR campaign can achieve excellent returns.

People will respond to a campaign along the lines of ‘ Are you interested in buying bitcoin, but don’t know where to start?’

Mode do need to start marketing to the public in a significant way ASAP. Huge numbers of new users are currently joining the various coin exchanges.

As the easiest way for potential new UK bitcoin users to get onboard, Mode needs to massively raise awareness. Right now they are missing out on huge numbers of potential new users.

People I talk to are amazed how easy it is to buy bitcoin with Mode, and totally blown away when I tell them they can earn 5% interest. Mode need to get their message out there!

If they do this, their business will explode.

Incidentally I do understand the power of marketing having worked as a Marketing Director for many years. For example I ran the ‘Hello Boys’ ad campaign for the relaunch of the Wonderbra back in the 1990s.

Buying/selling frequently on small balances is a really bad idea. Have a look at how much you are spending on commission payments. Fixed minimum commissions represent a large % of the transaction value on small trades.

Buy & hold is the way to go. Do your research and then buy the shares on which you have the strongest conviction.

I have occasional problems with pulling funds from Barclays, but generally the top ups work from the Mode app.

I have made excellent profits repeatedly switching funds between Greatland & Argo.

When Argo spikes - I sell some & buy GGP (if price is low). When GGP spikes I sell & buy more ARB (if price is low)

End result is I end up owning more of both shares.

Yes - slow execution. Doesn’t worry me as I put in a high max price, so that there is very little risk of not being filled. Still getting fair buying price using this approach.

ii

I have sold a small chunk of my ARB holding this morning, and topped up my GGP position.

Across my portfolio my overall strategy for each share consists of long term core positions plus short term trades. I only invest in shares which I believe have long term multi-bag potential.

I started acquiring KR1 at 43p and have added a lot more on the way up. I have not sold a single share.

Too volatile to trade, and too much upside to even start thinking about taking profits.

Thanks Magic. Great explanation as always. Loved the rant section.

I had a mad half hour yesterday dumping other positions to grab more cheap shares. Managed to hoover up over 660K shares at bargain prices.

This kind of historical analysis is excellent. We all tend to get too focused on short term turbulence.

Even if the OTC premium persists, we are still looking at at least 50p tomorrow morning.

Champagne is on ice for tomorrow morning!

One of t’flay rods has gone out of skew ont’treddle.

Probably MMS just trying to make swing trading unprofitable, and picking up shares from sellers on the cheap.

Finncap have initiated coverage of Argo today. Very positive initial report with an initial target of 17p.

This research coverage should be very positive for the SP, potentially bringing in new buyers.

A good option for reducing CGT liability on trading account profits is to put money into EIS investments. You get tax relief on 30% of your EIS investments, which can offset CGT liabilities.

EIS opportunities are relatively high risk and illiquid, but if you do the research and select well there is major multi bagger potential.

If the Artemis drilling does find gold it will be at depth, so I think they will look to negotiate a GGP style farm in with Newcrest.
They do not have the funds to do a comprehensive drilling programme, so they they are probably just looking to put 1 deep hole into each target.

From a Newcrest point of view this would be excellent, as the Artemis deposits would be an extension to the Hav mine rather than a separate project needing it’s own decline.

My gut feel is that Artemis will get some good results.

In addition to Artemis, Antipa Minerals is also a good prospect.

3 joint ventures & fully funded for 4 separate drill campaigns between Havieron and Winu.