Member Info for WolfofWarks

Hi Dogberry. I’ve taken a similar strategy myself and some of my biggest positions are in Glencore and Ishares Global Clean Energy with a five to ten year horizon.

I’ve only got a few Tesla shares left now as was sitting on a large profit. If it looks like it’s going to leg up again I’ll probably have another punt.

In the proactive interview he said we are pursuing direct to consumer to start with.

Of course meant US in the first line not Uk

I think it also reflects a more accepted upbeat attitude to crypto in the U.K., we’re always more conservative which is why the ftse consistently underperforms the US markets year after year after year.

Zdecoco - the list looks to me to be mainly nominee accounts so no individual holder will hold more than 3% therefore no disclosure required.

I had the same thing in GGP should have took some of my capital out in the 30’s.

I’ve got two tranches if He1 in the mid 20’s and two into the early teens. So am underwater but I think overall with a long term view I’m comfortable with my current position.

My biggest mistake is knowing when to take something off the table and keeping my discipline. Whenever I wing it I nearly always lose money.

Well what a week so far. Been bashed on HE1, MRNA and now here!

Had a top up this morning but should have hold on a bit.

It's definitely a bruising day. I'm in Moderna over in the states as well and it's getting pummelled, currently 18% down.

Days like today remind of why I keep a diversified portfolio.

I've taken nearly a 3% hit today.

I’ve just got some at 12.5p.

Hi Sunday roast.

Funnily enough I topped up on Senx today as it’s starting to move up again.

Hi all - I noticed this board mentioned on HE1 and some of the esteemed posters from over there so I’ve started a position here.

Very exciting to be in this early. Managed to get in on HE1 early in December thanks to a tip and hoping for more here.

The problem here is the same on virtually every BB. Posters claim to be long term holders but are on BB’s worrying about daily fluctuations, basically the actions and psyche of a trader.

They also buy badly, which is the one thing I’ve learnt myself. 6th April folk stick a wedge in the new tax year where the smart money keeps powder dry and buys in the dips throughout the year. Whenever everyone is buying sell and visa versa and have patience.

I think there’s strong evidence that a negative correlation exists with Btc.

I bought two tranches back in Feb and have had this in the bottom drawer ever since waiting for it to proper kick off.

I wouldn’t mind one more small dip to grab some at 6.5p before this takes off.

There’s nothing going on though so I guess this will just drift until that all important update.

A different way to think about this as well if the politicians are looking at taxing it it’s almost a step to legitimising crypto. Makes it more mainstream and less ‘back door’.

Regardless of where companies are registered you gave to pay corporate taxes in the countries you are operating in and then taxed on your global income in the country you are registered (usually less tax you have paid elsewhere but that’s not an exact science). This is why tech mega corps register in a low tax jurisdiction (like Ireland) and try and route as many of their European profits through there by making trademark rental charges to the other Euro operations,.

So I would expect Argo to pay tax in Canada, where operations are based, and then some to the UK where we are registered. Once we have the Texas site up and running we would be subject to some US taxes as well.

“ I am not always right (I can make 2+2 =5 with the best of them :0)) but if the SP reacts in a contrary way to what I was expecting then I do "invent" or think about scenarios that would make more sense to what has actually happened. I have found that mind set very helpful over the years.”

I do this as well Wyn. I think it’s always important to understand the bull and the bear case and take your risk accordingly. Plus understanding why an SP has reacted the opposite to what your expecting helps identify those decent buying opportunities on proper dips.

I would have thought the most sensible way of funding Texas would be a sale and leaseback.

Does a young and vibrant company really need to hold such a laborious long term asset when the capital could be deployed operationally to increase.

If this was the case I don’t think you would want to issue shares which would be more long term but fund the gap between now and the sale on completion.

The biggest challenge I think would be finding a buyer who wants a tenant in the crypto space.