The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Don't forget the clowns that start saying 'wouldn't wanna be out of this at the weekend' and other such junk (to the moon) etc. at the previous ATH ARB had 2317 BTC or equivalent, they now hold 18 BTC... that's a massive fall and will never go anywhere near its circa £2.50 highs. I think we'll be lucky to see this go back to 60p IMO
is the suspension not this:
As first announced in November 2021 and reiterated in January 2022, from 31 December 2022 ARBKF shares will no longer be traded on the OTCQX Best Market. Holders of the ARBKF shares have the option to convert these shares to the Nasdaq-listed ADRs (Ticker: ARBK). Instructions for this process are available on the Investor Resources page of the Company's website. Conversion of the ARBKF shares is not required; the ARBKF shares will continue to trade on the OTC Pink Market starting in January 2023.
@Higherrating: Massive amount of Leverage taken on BTC and a shake out of those, coupled with the Evergrande FUD defaulting on their payments..... again... good that it bounced back to $64k in no time though. Hopefully back to $67k by the weekend.
@the_Chuz: the positive sentiment around ARB(K) has gone from the PI's and until it comes back we will be dancing around this zone regardless of the price of BTC... In my opinion and i am a newbie at this, but sit tight and ride this lull out... The fundamentals are still there, and are a lot stronger than the dizzy heights of circa £3... This will come good i'm sure of it.
@Angus51: wouldn't get too excited about an RNS for September updates at the moment, the way things are going it would push us further down :-(.... Just seems we are in a consolidation point and patience is the only thing to do...
@Poptimist: I know the last time BTC was circa $49500 ARB was @ 144p back in May, crazy seeing we are now top tier NASDAQ listed, mining BTC HODL increased and Texas in the melting pot... I don't understand?? Surely the American realise it isnt $16/share haha
As my daughter calls new - noob (apparently youth tern for novice) ..... I didn't even know there were differing tiers on NASDAQ
Nasdaq Top Tier
The listing prospectus has been updated. Argo have applied to list on Global Select. This is the most prestigious tier, and will give Argo access to better institutional investors and cheaper capital. This is a very significant development!
https://twitter.com/soutosthanasis/status/1438809976324206595?s=21
my source for this is Reddit, but looks positive
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