Member Info for seethreeIPO

Today would be good, this closed in the US significantly higher that it is here now. Similar thing happening at Argo,

Ditto Raharh - I've just put 1500 quid in too.....fun and games :-)

bearing in mind we're currently trading at $2.50 then it's really not far away, it could even be tomorrow that we qualify for NASDAQ listing under the net income standard of the NASDAQ Capital Market :-)

No I can't see anything about 5 days under the 'market value standard'

* Currently traded companies qualifying solely under the Market Value Standard must meet the $50 million Market Value of Listed
Securities and the applicable bid price requirement for 90 consecutive trading days before applying

However, if we hit $3 we qualify under the 'net income standard' and we'd only need to close at $3 or above once and immediately qualify.

We have to trade for 90 days above $2 on the bid I believe, then we meet all criteria.

Although this is for AIM listed businesses it explains the trading system and what PMEs are -

https://aim-watch.com/project/price-monitoring-extensions-explained/

Easier than retyping

Rising over the US now, always does after we close!

Dipped my toe in yesterday with a couple of K, decided to increase my holding to 10K this morning. Took my a total of ten minutes on the phone with HL and managed to get 145p - Interesting one this one! :-)

Yeah as expected it's up over 10% since we closed in the UK, probably due to supply drying up. If it closes high again we'll gap up on open, then stabilise then rise again on US open. It's like a perpetual loop and exactly what happened at ARB. Bring it!

US Live Spread - https://www.otcmarkets.com/stock/KROEF/quote

Will be interesting to see what happens to the US price when the UK market closes and liquidity dries up, if it gains then we'll gap up in the morning...rinse and repeat! :-)

US Price currently equivalent to 180p !!

Holy Cow that's a spread - 1.80 / 3.00 (1 x 1)

Whhooooosh

Regarding dual listing, that's exactly what it would be and many major fortune 500 and FTSE 100 companies have dual listings. I don't believe that they would delist in London, it would be pointless and against the wishes of most argo shareholders, which Peter Wall holds dear...thankfully!

It's an age old tinfoil hat theory of private investors, if you speak with a market maker, speak with colleagues in the city, speak with major investment companies, CEO's CFO's they will all say it's utter rubbish, mainly for the reasons you quote. There have been on occasion dodgy dealings, but having multiple market makers and tight governance it really just doesn't happen.

Notice no one moans about market makers when the price is flying. Guess why it's flying...because lots of people are demanding shares and willing to pay more than the current price....go figure.

Sorry yes, I stand corrected the 90 day rule applies to the bid price as well, sorry.

Correct, our market cap yesterday as $172 Million as a new investor I'm not sure when it reached the threshold but the application process could be started.

Yep, it's how I found KR1 too, been watching for a few days thanks to a post in here. I bought in to KR1 today, haven't used ARB stock to do it, don't see how it can harm a board, especially if they are decent tips :-)

Correct, see https://listingcenter.nasdaq.com/assets/initialguide.pdf

$2 closing price as all the other criteria are met

I bought in my ISA via HL but had to call them to execute, aquis is not available on HL online yet.