The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Herekitty, just now you were saying that they don't have any product so why would you pay 11p for this?
Herekitty, you have no idea about how stocks are valued. They are valued based upon future earnings potential. Look at the likes of ITM, Ceres, Quantumscape, Churchill Capital then talk.
r u really having a laugh here !
https://uk.advfn.com/Help/a-background-to-the-market-and-market-ma-71.html
A Market Maker runs a 'shop' and you buy shares from him or sell them back to him.
The Market Makers act as retailers of shares and display their prices during working hours. The prices may vary (sometimes considerably) during the day, depending on a number of influences. For example, if holders of very large amounts of a share decide to sell (or a combination of a lot of holders of small amounts), then the Market Makers will reduce the price that they are prepared to pay for the share. The converse is true also; if there is a consistent and large enough demand for a share, then the Market Makers will increase the price. Market Makers make money from buying shares at a lower price to which they sell them. This is the bid/offer spread. The more actively a share is traded the more money a Market Maker makes.
It is often felt that the Market Makers manipulate the prices. "Market Manipulation" is an emotive term, and conjurers images of shady deals and exploitation. Market Makers are not elusive companies that appear then vanish overnight. Market Makers are duty bound to make a market and to meet the needs of those they are responsible, to this end they may try to influence the market.
Market Makers are however known to lower prices to "panic" investors into selling, sometimes called "shaking the tree"? Moving the price up, encourages sells, moving it down also encourage sell, hence also the term dead cat bounce when a Market Maker will mark a falling stock up to encourage buyers in thinking they have reached the bottom.
A good pricing system such as Level 2 will give you an indication which Market Makers are keenly priced. Your broker using the same systems as you now have can sometimes get a better price than those on the screen. This is because Market Makers compete with one another for business. When your broker calls the Market Maker he is giving them the opportunity to 'bid' for the business, the Market Maker may well improve on the price on offer via the screens. The Market Maker only makes money when they are buying and selling, so the Market Maker will prefer to see the business go through their books at a reduce margin than allow it to go to another Market Maker.
When you buy and sell shares in most circumstances (SEAQ/AIM) your broker has to go through a Market Maker. The Market Maker works for an institution that makes a market (will buy and sell) that particular stock. They provide the market with liquidity - i.e. there will always be a price you can sell your stock at, there will always be a price you can buy some stock at (unless the share is suspended).
Gareth, don't loss hope. I have been in similar situations but we learn from each and every trade. I have lost plenty of money in hurricane energy, carnival, cineworld to name a few but what I have learned from each of them is what not to do and I have managed to recover almost 90% of what I have lost till now by avoiding those mistakes. I hope you will do better in the future. It is good to make mistakes early in investing rather than late as you keep on increasing the size of your portfolio with time.
I was taught that if something is in demand the price goes up!
Maybe I was taught wrong
It should be, if something is in demand the price goes down :(
3 sells 50k, 15k and 25k and the price drops from 13.25 to 12.75. Seen almost more than 500 buys go through and price moves by tiny amount.
Now you don't believe the figures because you have no answer to this. These are copied from LSE website the one that you are using to post the comments here.
Also ADVFN shows live price trades, and when someone is buying they pay price close to ASK whereas when you sell you get price close to BID. if you look at the data for today, every trade going through, investors are paying price close to ASK which tells me there is a lot of demand for this share and hence price should go up.
Could you explain this ? How is this economics when demand is massive and price is going down
Vol. Sold 3,963,735
Sold Value ÂŁ510.33k
Vol. Bought 14,187,071
Bought Value ÂŁ2m
1. Massive buys coming all morning
2. Price going down with each buy
Am I missing something here?
Because they know that there is large amount of gold (helium) lying in the ground ready to be taken out. I would do the same.
https://www.proactiveinvestors.co.uk/companies/news/942212/helium-one-global-update-on-the--countdown-to-drilling--with--everything-on-time-and-on-schedule--942212.html
Holding this baby strong and buying the dips until it grows
https://www.sharebuyers.co.uk/shares/argo-blockchain-still-looks-seriously-undervalued-heres-why/
With its stunning 1 year rise of over 4,400% it may seem a little odd to say that the high-flying Bitcoin mining stock is potentially undervalued on the London market with a m.cap of ÂŁ1bn, but on a comparables valuation approach it appears that this could be the case.
Listening to Peter Wall earlier in the week stating that Argo is one of the world’s biggest and most efficient miners of Bitcoin (Going for Growth: Argo Blockchain primed to be front and center of the Bitcoin boom), readers may have been forgiven for thinking this was perhaps a bullish statement from a CEO. Except this wasn’t.
The way that the UK values companies in comparison to international peers has long-been a frustration of star fund managers such as Nick Train and despite its ÂŁ1bn valuation, Argo Blockchain in the UK appears to be trading far short of the valuation placed on its US peers. And perhaps this is further evidenced by it constantly playing catch-up to the gains from its OTCQB Venture Market in the US (and this still lags behind NASDAQ-listed peers).
While Argo releases a monthly update to investors on its performance, the most recent data for a high-level comparable analysis that can be used is that from Q3 among US peers such as Marathon and Riot Blockchain:
Q3 Rev Q3 Growth MM M. Cap
Argo Blockchain $5m 75% 73%. $1.44bn
Marathon group $835,184 160% – $4bn
Riot Blockchain $2.4m 42% 47% $4.77 bn
ARB has room to grow: Some of the best revenues, best growth and margins; yet the lowest m.cap by far!
Having a look at the high-level comparable analysis – you will see that Argo Blockchain has the best Q3 revenue, strongest revenue increase in absolute terms (Marathon is from a lower base) and just like Peter Wall said, has one of the best mining margins in the market.
Yet its m.cap in the UK is billions behind its US rivals that are listed on NASDAQ on a USD equivalent basis.
With Argo cranking up the long-term power with its work-in-progress Texas Facility, it is difficult to argue that it is not under-valued as like its rivals it is seeking to increase its mining activities.
However should it keep reporting impressive month-on-month growth and perhaps list on NASDAQ, then it seems highly plausible that its valuation will catch-up to its peers and then some.
https://www.cryptoglobe.com/latest/2021/01/blackrock-gives-two-funds-green-light-to-invest-in-bitcoin-futures/
The world’s largest asset manager with $7.8 trillion in assets under management, BlackRock, has seemingly granted at least two of its funds the ability to invest in bitcoin futures.
The firm filed updated prospectuses for two of its funds including cash-settled bitcoin futures among assets they’re now permitted to buy. The filings, for the BlackRock Strategic Income Opportunities and the BlackRock Global Allocation Fund, appeared on the U.S. Securities and Exchange Commission’s website on Wednesday.
The move shows BlackRock is at least willing to test the waters on BTC. The filing details that the funds can invest in cash-settled bitcoin futures, which do not require the funds to own the actual cryptocurrency.
The documents also do not detail which exchange BlackRock plans on using. Since the funds can only invest in cash-settled futures, most assume it will be the CME. IT’s the only exchange registered with the Commodity Futures Trading Commission (CFTC) offering similar futures products.
The asset manager’s co-founder, Chairman and CEO Larry Fink has in December of last year revealed during an interview he believes bitcoin has “caught the attention and the imagination of many people.”
Bitcoin has caught the attention and the imagination of many people. Still untested, pretty small market relative to other markets.
BlackRock’s filings warn that investment in cash-settled bitcoin futures could carry illiquidity risks due to the “relatively new” market. Valuation risks and regulatory changes also weigh on the price and could impact the funds, the filings read.
https://cryptopotato.com/largest-asset-manager-blackrock-may-start-bitcoin-futures-trading/
Largest Asset Manager BlackRock May Start Trading Bitcoin Futures
The world’s largest asset manager, BlackRock, may start trading cash-settled Bitcoin futures. This is according to new filings with the US Securities and Exchange Commission (SEC).
BlackRock is the world’s largest asset manager, with almost $8 trillion worth of assets under management last year. To put it in perspective – that’s almost 8 times the current capitalization of the entire cryptocurrency market.
Now, the Wall Street giant has filed two Prospectus documents with the United States Securities and Exchange Commission (SEC) – on behalf of BlackRock Funds V and BlackRock Global Allocation Fund Inc.
The most important bit about these documents is that they suggest the company may engage in trading cash-settled Bitcoin futures contracts.
https://www.sltrib.com/news/environment/2020/12/19/groups-sue-block-helium/
Groups sue to block helium drilling project inside Utah wilderness
These environmental groups are trying to block a pre-Christmas authorization to start work in Labyrinth Canyon
Yes, read every word of it and now fully invested in this company and not bothered with day to day SP increase/decrease. Just waiting for it to drill and hit the gas and we will fly to great highs.
https://www.boconline.co.uk/shop/en/uk/helium--a-grade--300bar-cylinder-169800
This cylinder is 13 m3 which equates to 0.46 MCF and sold at ÂŁ1011
It means 1 MCF of commercially pure helium is sold at ÂŁ2205
While prices vary greatly depending on the purity of helium, Desert Mountain Energy management conservatively expects it would be able to sell purified gaseous helium for shielding gas (typically Grade 5 or 99.999% pure) for at least ~$550-600/Mcf, net of expenses.
Pure helium is much more expensive than impure helium.
In our base case scenario, we use a helium price of US$250/mcf long-term flat from 2021 and a 14% discount rate from 1/1/2021. Our risked NAV is 11p/sh, which implies ~50% upside from the current share price. On an unrisked basis, we have a NAV of £1.04/sh or almost 15x upside. Further to this are the follow-on prospects that are not included in our NAV and its other exploration areas. Helium focused E&P companies, especially those akin to Helium One that focus on primary helium have seen their shares rise by >650% over the last year, demonstrating the market’s interest in the helium sector.
Happy to hold for long term capital gain