The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
We are currently sat at $3.30 compared to US close of $2.72 on Friday. BTC at $49k.
I have no doubt there may be a little bit of profit taking in the US on open if it equalises to $3.10+ but that is fine as the shares move to new sticky hands over there. Stocktwits over 12,000 followers and a lot of new names. Hopefully they will drive us higher but I do expect a little sell of - we have had it here but it has been supported by buying.
Lets see.
New machines delivered / online gets my vote LB - the last batch was RNSd and it would be good as it would support todays rise so hopefully AM will provide us with that and if BTC holds at 48k+ we should have another good day tomorrow.
Not sure we will go to OTCQX - possibly straight to Nasdaq and cut out the middle man.
@dssloan
You can trade US equities in equiniti but you need to fill in the SEC form for tax purposes.
Yep - you are right. Leave the cash in the bank doing nothing or back your industry and buy an asset last month for $35k-$40k that is now worth $47k and on an upwards trajectory.
I have no idea why they would do that, or why Tesla would buy $1.5bn of BTC .......
Agreed - it could drop to nothing very quickly. CLP may have some Antminers but they are not mining and they have two legal claims that could be good or could be nothing. I personally would not consider it an investment with sound fundamentals - more a punt with some spare profit if you want a bit of fun.
@Amanensia - I wish I had never posted it now :-) ..... thought I was being helpful at the time. Wont be too long before it is listed and we can all discuss it on the right board and discuss ARB here.
Everyone - everything that can be said is on that thread - or you can go to their website.
Let's get back to ARB !!
Similar balance for me. 65 / 32 (and 3% in CLP for a bit of fun).
I like KR1 - feels like AQUIS is now an advantage to be able to get in. Even if it doesnt go LSE, if it goes OTCQB like ARB did then we will be a very good place. Got to get off the Grey Market on the PNKs though as too many Jordan Belforts selling it for as much as they can. OTCQB would being more orderly supply and demand to the share.
I have to admit this is all amusing.
Price between 1p and 1.5p and with court settlements will rise, with BTC mining will rise and I dont think anyone has yet said these will not be a catalyst. So 2p+ at some point easy and beyond IMO. Court case may fall through (nothing is certain) but BTC wont.
This is a bit of a punt (unlike ARB and KR1) so I have put some in and put them in the bottom drawer. A lot of heated debate on here and I am not sure why. If you want to buy then buy if not then hold off, if it goes lower first then well done, if not then hey ho.
No one ever buys at the bottom or sells at the top!
You can bid now.
Register with Primary Bid and then you have to purchase from your bank account - so if you sell anything you have to settle back to your bank account. When complete your shares will get allocated to your dealing account (i dont think they can go direct to ISA).
So you pay today, closing date is FRIDAY, and then you get the results as you may not get your full allocation if it is over subscribed.
Off topic - but those following PW know he is becoming a NED of Cellular Goods (first LSE listed Cannaboids producer). The IPO has just been launched on Primary Bid at 5p per share.
We discussed it a while back so just thought I would let people know.