Member Info for JPP8788

We closed Friday 4.30 at 107/104 which was with BTC at 35.1k, America closed on Friday at 9pm with BTC at 1.06 equivalent and BTC at 35.5k

So given that we're currently higher than both, I'd expect a 110/108 open (at 35.8k BTC)

There's a nice graph been posted on stocktwits showing correlation between BTC price and ARB. Interesting that our SP has started to stabilise over time.

Worth a look.

We closed at a spread of 107/104 which was off the back of a recovery from when BTC dipped 34.5k but recovered 1.5k very quickly.

So yeah, 35.5k (ish) should see us open flat in Monday morning. Any less/more and you can adjust accordingly.

Monday will be driving by BTC sentiment alone, rightly wrong. BTC $37.k as it is now would give you a 115/110 open imo

I was watching the ARBKF performance earlier... Also showed some good resilience. Didn't follow BTC on the dips too wildly, but did follow it upwards.

"... hopefully we're going to be announcing some more good decisions too"

Sounds promising.

We closed at 4.30pm when bitcoin had just recovered from a mini drop and the SP didn't have time to recover. We moved from 100/99 at around 4.15pm to 107/104 at close. BTC then recovered slightly and ARBKF was taken higher - there was a mini sell off at the end - USA close at a 1.08 equivalent when BTC was around £35.5k... Which was about what it was when the UK markets closed.

Basically the £35-36k level is 110-105 as a rule. Crazy that a stock can be so reactive to small movements, but it presents some great trading opportunities if you can time it right.

Which way does it go....

Waaaay overdone.

Anything around the 210-220 mark is an absolute no brainer imo

"lol"ades indeed...

We could end up flat..
US finish 120p at around 39.5k USD.
We're now 5% lower than that.. We could see 115/110 as the baseline today.

Any idea when the stimulus will be announced?

No real reaction to the RNS
I'm happy enough at 11.5 as a new investment for the long term.

You need to know if US close was a buy or sell - then divide by approx 1.36 to get equivalent buy/sell GBP price

Best ask in USA premarket showing at 1.61

Wowwww that is some placing.

Dilution to the tune of $250m

My view (very simplistic)

We are now OTCQB listed. This means more exposure to potential customers.

Surely this means ARBKF absolutely categorically HAS to move north at 2.30 - you cannot sell shares if you don't own any. So depending on the uptake, you could see quite a decent spike (for want of a better word).

Brilliant thread.

You don't pay tax on crypto but you do on shares.

Priceless.

Sorry what..

BTC at 35k and a USA close of 150 results in an open of 110/105 rising towards 120.

That is on the basis of no further RNS.