Member Info for MPeterson

Just to check with the 'experts', what day this week will ARB be under 10p, as promised? Or does it actually need BTC to have ANOTHER decent dump to actually get there? ARB showing some decent resilience, since the offer and compared to other miners, you'll have to admit. I had a mild top up of MARA at $16.10 whilst its way down on the recent highs and fully expect a decent bounce there, should BTC hold these levels or hopefully pick up a little

The doom-mongers sound gutted that ARB is holding up so well, given the impact of BTC dropping on other miners. ARB showing good resilience in the face of adversity

The rise today suggests results might be decent. I'm expecting a slow and steady creep up until then ... certainly back to nearer the 30p mark

The actual phrase is DAMP SQUIB.... NOT SQUID LMFAO

Maybe move the chat to the Mawson board then?

ARB remains fairly comfortably over the fee-less 10p offer price, and did so even when BTC it took a circa $1000 dump earlier on this morning. If BTC bounces back nearer $31k anytime soon, ARB will pick up very nicely. Sentiment is clearly there as there'd have been times when a fall in BTC would have much more of a negative impact on the ARB share price

US equivalent price $1.57 / 10 so 12.2p

That's a cool 20.2% rise from the 10p offer sp taken up

Which was nice

Some bitter and greedy derampers out there that didn't get in at under 0.50. unlucky

So when all the shares people bought for 10p hit the market, most buyers will inexplicably sell and the sp will plummet way below 10p to around 5-6p? Regrettably, this is ABSOLUTE NONSENSE

Obviously anyone can simply sell the same amount they took up at the offer immediately from their current holding. A simple profit. 13p equivalent in the U.S. currently. NOICE.

You can be pedantic as much as you want but, in real terms, anyone buying during the offer got a 12% discount on their purchase. FACT. And probably more like a 20%+ discount on opening tomorrow

The last buys were are 11.2p: that's a tasty 12% gain on the day since the offer placing

Some wishful thinkers hoping for another raise, lol. It's not going to happen anytime soon. Getting in at 11p still isn't that far away from the 10p fee-free offer, now is it? You had to move fast to get involved in the offer and I can't imagine anyone that had a moderate take up at the offer price won't make a profit somewhere along the line. See you at 12p tomorrow

Oh dear white tiger. You seem annoyed about the price holding up. Whoops! Also, love how people assume that the markets will go down again. Who's to say the markets aren't on the rise again?

Everyone knew ARGO needed the cash, there's been no surprise there. Like I said, company marginally stronger than earlier in the week when sp was MUCH higher. I'm not dreaming or trying to ramp up the company unrealistically, just stating material facts. So....

There was money to be made at the 10p offer price, with zero fees or stamp duty, too. Think about it: This keeps ARGO ticking over nicely for a fair bit longer while we all await the expected BTC bull run to hopefully come along sooner rather than later. Anyone buying in at the 10p will almost certainly have time to get out at a premium above this level when sentiment is back e.g. 13-18p. And whilst it wasn't massively oversubscribed, the placing being oversubscribed shows you that ARGO had realistic expectations about take up. If it was undersubscribed then this wouldn't have been the case. They knew the lay of the land and what to expect and- sorry to say it, naysayers- this leaves ARGO in a marginally stronger position than back end of last week when the share price was almost double today's price! There'll certain be people annoyed on here that didn't take part in the offer, venting their frustration and taking down the company in the hope of getting in, for a quick trade or otherwise, at a sub-10p price. Basics of deramping

Manufactured rise over the week approx to get the heavily discounted placing price to 10p, potentially?

That said, most people would have jumped at 10p shares when these hit almost 18p during this time. Will be interesting to see whether people taking up the offer get their full requested allocation. Existing ARB holders to get priority, apparently.

10p, at a 25% discount from the average price per share during the full month, looks fair enough.

All the dreamers hoping for 6/7p again to 'load up', give your heads a wobble. Why didn't you last time and sell some for a quick double your money profit?

'Please note I am not passing an opinion as to whether Rolls is a good company or not. I don’t know, but to me it’s certainly not a good investment.

I’d expected to wait until the August results to cash in on this, but I fear the dam is about to break on this one soon. I’m looking for around 1.25, but lower would not surprise me'

Utter de-ramping pish. Saying you don't know anything about the company but still making specific price predictions. Chancer at work, beware.

Presumably you couldn't even spell 'Stumpy'.

'Stupid' would be more accurate....

And the 'where possible ' line isn't exactly helpful/reassuring....

Jarvis told me this via email:

'Kindly note once the shares have delisted we will be re registering all holdings where possible into the underlying holders own name, the shares will not be able to remain in either the ISA or nominee account with us.'

So how can they be now saying the value can be retained in an ISA if a paper certificate is sent out? Seem to be contradicting themselves....