Member Info for mickymix

One thing that hasn't been mentioned here, are the rumours that some of the powers behind the ETFs are actively on the prowl for miners, and the 'cleaner' the better. Makes sense considering they could get their fill of btc for less if they are extracting it at source. But, to fulfil governance criteria, they want to make sure that whichever miner they acquire ticks all the right ESG boxes. As far as I'm aware, ARB is the leading charge when it comes to 'clean' mining, so on that score alone, despite not being the best choice in terms of fundamentals, it represents a 'clean' acquisition target at a bargain basement price, ripe for the injection of vast fresh capital reserves. Who knows, perhaps that's why the price is being suppressed? Would not be surprised. And if true, what would fair value be per share then, with btc soaring towards 100K and very possibly beyond.

Good lord, get a grip. Have you ever considered that crypto just may not be for you? Rollercoasters aren't for everyone. Perhaps try a teacup ride instead?

Agreed. More than possible and highly likely in the event that BTC runs its anticipated course. Can you imagine looking back at this level from £5.00. And that's only circa 15x, which I know sounds crazy in the legacy world of investing but crypto is entirely different with 100 and 1000x not unheard which makes 15x and £5.00 sound conservative by comparison.

Precisely. The UK Govt has given retail investors very few options to enjoy tax free crypto gains. You can't buy btc directly into your isa or pension but you can buy ARB.

Nothing is off the cards to the upside. All fundamentals are irrelevant in this market. In the last bull run ARB flew from this level to £3.00 in the relative blink of an eye and we've barely even started this bull run. With all the ETFS coming on board, and remember it's not just Blackrock, there's a whole slewth of them, and with BTC in such short supply and only really the miners supplying liquidity, we're going to see a reversion of the good old law of supply and demand in it's purest form. Very little supply and massive demand, which will only lead to one thing and y'all know what that is - BTC and miners going through the roof. Given such insane circumstances, ARB could pump way, way past its ATH.

Agreed. £5-10 should easily be achievable just on the hitherto unrecognised fundamentals which are now beginning to be seen, at long last. Seen the same thing happen countless times with heavily undervalued stocks. One might even begin to suspect the down value trajectory is somehow intentionally orchestrated to facilitate a very profitable upwards rise.

$72 billion in assets under management in the next five years for all of the BTC ETFS combined? That's an understatement if I ever heard one. These ETFS aren't aiming at holding BTC at $45k a piece in 5yrs time. They're looking at at least 10x that and very possibly much more which will make that $72B look like small change. They're not doing this for fun, nor to tolerate the antics of the market maker mafia that have done so much to hamper the otherwise meteoric rise of BTC to way beyond the price we see presently. They are doing this primarily to monetise BTC through the roof.

Couldn't agree more. And as regards the sell of in BTC come the ETF? Does anyone really think Blackrock and the rest but particularly Blackrock would run the risk of hugely negative backlash from onboarding their clients into BTC only for it to tank? The days of market makers and exchanges manipulating the price up and down with their algos to line their pockets at the expense of naive traders margined up to the hilt are well and truly coming to an end. Once the etfs start loading up the price will be dictated by the purer fundamentals of supply and demand. And here's the thing that y'all should know - there isn't much freefloat supply and of that it's mostly coming from the miners. But there's going to be a helluva lot of demand from the etfs - way, way more than the supply. And that only means one thing - the price of BTC has to rocket to entice holders to sell. Remember, the spot etfs aren't paper trading. They are buying up actual btc and holding it in safe custody, removing even more from circulation. The miners are going to have a bonanza and don't let anyone tell you any different because if they do, they simply do not understand the fundamentals of this new BTC era. You can forget all the pricing and pattern history that has gone before hand, blow off tops and 80% drops from highs. That was then, this is now. A completely different new dawn is rising and those holding BTC and mining stocks for the long term will reap the rewards. Shorters will get severely burnt if they believe history is going to repeat itself. History only repeats itself until it doesn't. They conveniently forget to tell you that, largely because they naively believe in the latter and not the former.

Thank you Dallo for that very succinct yet comprehensively illuminating appraisal. I agree, the current valuation is beyond insane and the company is extremely vulnerable to being taken over at this level. The Bell SP target of over £9.00 is more reflective of fair value and once a beady eyed vulture spots this huge undervaluation it will be swooped down upon and devoured in a feeding frenzy. In which instance we may not get the £9.00 but certainly way, way more than where we are now. As always, it's simply at matter of time and patience.

There are countless companies with debt in the billions that are also valued in the billions and continue to make losses. Very few believed it could rise from this level to circa £3.00 during the last bull run, yet it did. Admittedly, things were different then but things are also different now with all manner of stratospheric predictions being made for the price of btc. On this basis alone, Arb could ride the wave back up to the previous ath and beyond which represents a 10X from here. I recall many screeching and screaming at high predictions last time, yet they were wrong and it came to pass. This is crypto and things have a tendency to get a bit crazy out there so never say never.

Couldn't agree more. Cash cows have a tendency to get swallowed up. Cash cows with the added attraction of huge ongoing potentials tend to get gobbled up. The funny thing is, it's almost like people are blind...until they are not, by which time they've missed their chance and are left kicking themselves over how they could have been so blind as to not have seen it. Same with an acquisition. It's not been identified yet but once it is, expect fireworks.

Admittedly, things have changed but things also get a little bit crazy when btc decides to fly. Just being a listed miner on both sides of the pond and in the space could be more than enough turn the thrusters up full on Arb. Especially considering there isn't much of a free float on btc and that free float relies particularly heavily on miners.

Do some research and you'll quickly find out that Azerion have a history of not playing by the book. Good riddance to bad rubbish and I'd be more concerned if I was invested in Azerion because sooner or later such tactics are gonna come back to bite them hard. More so, if that's the way they do business they wouldn't think twice about engaging in other nefarious practices. Conclusion - a good short somewhere down the line, especially if one of the shorting outfits start looking into them.

They can now move on establishing profitable arrangements with quality partners. Let's hope this is a lesson in doing thorough due diligence and making sure you get paid regularly or the ad flow stops. Google take no prisoners in this regard. Large or small, you don't pay on the nail and your account gets stopped. No ifs, no buts, you pay to play. They know the score. Allow too much credit and you're bound to come unstuck.

Seems like this is not the first time Azerion have screwed partners. A quick search will indicate you should probably be wary of jumping into bed with them.

What do any of these jokers know? Absolutely sweet fa. Not a sausage of prescience amongst any of the so-called experts. Why anyone would entertain a single word that spills from their mouths is beyond me.

Well put but the truth of that factuality is leaving a very bitter taste in some peoples mouths. I think we know who they are. Didn't have the stomach to hold through the lows. Capitulated and sold into their weakness. Now bitter as hell because the ship is turning and they're being left behind in the wake having prematurely abandoned the vessel.

Treating any dip as a buying opportunity at the moment. Too much action and headway taking place for this not to be a sustained rise. Always a pause for breath before the next big push.

A very accurate observation of the reality of how this works. Well explained. Long, long rise ahead of us gentlemen.

Upwards, slight pullback, upwards, slight pullback, upwards and on. We know where this is going and we'll look back at today and wonder why on earth we didn't buy even more.