George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Nice rise today but sometimes you remember looking back and think if only.
I remember a post way back years ago, the guy had been in from the bottom, sold at something like 0.9, dropped a post saying that’s me out with I think 80k profit, paid the tax and explained this is the top for a long while, everyone called him out saying he’s missing out on 1p, 2p etc.
How right he was :). If only you get out at peak, good old hindsight and on we go. Eurghhh!
Finally one of my shares actually make money. Tehehe.
Good luck all going forward, looking mega positive now. :)
Company investigated by the fca over lending money falsely.
Company agrees(rightly or wrongly) and not helped by false claimants.
Genuine claimants are only getting 17p.
Shareholders are getting zero
Board are taking a wage for a year.
What else is there to understand exactly.
You are correct, however, that really was the only workable option for Amigo and the shareholders at the time. Taking on the FCA ala Benamoor would have been a waste of breath. It’s kinda like admitting your wrong even though deep down you probably know your not and taking the hit as we have.
What I’m making the point about if it’s not apparent is anyone who challenges any wrongdoing to shareholders over the years gets met with either A) you took the risk or B) shareholders are the baddies and the claimants are somehow the total hard done by goodies. The company, shareholders and it’s employees are going under I believe in part to false claimants. Amongst other things of course.
Only winners in this somehow are the board.
Not really. Me personally if the bank won’t have you then by all means use amigo but then attempt to pay it back. If you manage to pay it back then you can’t come crying years later saying you couldn’t afford it. Also the guarantor was there as the fall back who suddenly then realise hang on I have to pay money back that I owe, what is this sorcery. One of my close friends used amigo when the bank wouldn’t loan him to buy a motorbike he needed for work. Paid it back in 4 months (gap between paydays issue) of he went, now he has built his credit back up over the years and can now use the high street. Has he come back knocking on Amigos door, nope! There’s some grabbing sods in this world I tell ya.
Annoying that ARB doesn’t quite keep up especially if theres a downtick in btc it’s like 3 steps back and 2 forward which is slightly worrying. Seems this only becomes successful if BTC constantly gains. 50k bitcoin your golden but this back and forth carries on eventually it’s gonna bring ARB to single digits. It’s a bit disappointing when you want to just see it rocket :(
I,
But like many only out of shear lunacy and stubbornness. We have been shafted here royaly and I don’t mind saying it’s borderline criminal the treatment of shareholders.
People posting this morning saying better take “profits”, “get out now, lawsuit uhhhhh”. Where have you been hiding. That lawsuit isn’t new news so why didn’t you take “profits” before.
Scaremongering for a cheap entry or you live under a rock. Nice DD done :)
ARB price. Bit price (£k) Date
11. 14. 01/12/20
233. 41. 02/04/21
144. 48. 12/11/21
72. 34. 01/04/22
7.5. 18. 11/11/22
6.5. 14. 16/12/22
16. 18. 23/01/23
For all your info to reference. Predictions await
I’ll go for BIT £25k ($31k) = ARB 44p :)
If we get there of course.
I’m sure it will build as the weeks go. Providing theres no negative news. Remember the last ramp up to 30p then the rug was pulled. We are probably priced in now up to low double double figures until further news. Once bitten an all that :)
Without too much digging into the nitty gritty. Ignorant calculations completely implemented could we suggest with a standard company growth going forward. 15p fair value for now? That will be based on peak 300p value and the 19-1 dilution should that come to pass. I know it’s crude but I would hope that’s the floor at least which for any new investors brings 100% return. I would think deffo worth a punt.
Thought I would give myself a cheering up by reading idiotic comments on there.
If this all goes south because some nob can’t keep their credit card in their pocket for more than 5 mins it’s a joke.
So maybe the share holder should go cap in hand to their broker then and ask for losses back because they are a PI and not professional trader. They lent money, spunkd it and now want it back for nothing. Whether you agree with Amigo or not that to me is wrong. The law may say otherwise but many hardworking people who are efficient with their money do they get money back from mortgage, standard loans? Nope.
This......
It’s blatant manipulation wether they like it or not. If the law does not see this it’s scandalous.
On that drop it’s a double up on the holdings :)
I would get yourself a proper soft top. S2000 ;)
You will still be taxed on a fund account. Unless of course it’s a fund purchased within a stocks and shares ISA. Basically anyone who is new to investing but is planning on investing multiples of thousands it is imperative you get a Stocks and shares ISA. An it’s not maybe or only if yada yada. Its a deffo. Unless you want to stick more than 20 grand a year into investment account( you lucky so and so lol) theres no reason to not have one
Benefit of being in from the IPO your in profit pretty much no matter what. No point selling now is there. Wait till a potential quid at least. If you got in on the spike I’m sure you will be rewarded soon. Hold
Had the exact same email. However, unlike all my other primary bid emails this ended up in the spam folder for some reason. Anyway all you Halifaxers check your spam an by the looks we can trade maybe Monday but hopefully Tuesday.
Not sure of your current status T but 212 really is poor. Get yourself a proper trading account. In the time you have been pending, some of us have been in and out with a tidy profit to show. Its worth the £10 a trade in my opinion anyway.