Member Info for Xenor

Is anyone planning to buy more shares once it opens up? I only got in with 52k shares as I was concerned about risks. Thinking about buying more on opening.

Good link. I'm a recent shareholder too. Up about 10% on my investment. So I have my own concerns as well. Biggest one for me is obviously what happens if bitcoin corrects as it did from December 2017. People who were in this early will still be in profit if this happens but newer investors will be sitting on a loss. That said, if bitcoin does what it normally does then we'd see a resurgence in 4 years time to even higher levels and ARB will be in a strong position to capitalise on it. It is tempting to sell in November and buy back next year after the crash. But what if it doesn't crash?

The stock went down because I doubled up this morning at 1.29. Whatever I buy falls.

Concerning. My average is about 312. Wondering if I should I sell in the morning and buy back at 275. I was planning to hold until it reaches pre-Covid levels so I could just ride the dip I suppose.

This is the problem though. If BTC does well then people sell and our share price barely moves. But if BTC falls then the share price falls by the expected amount. Quite annoying.

Also if we list on NASDAQ what's to stop people in London continuing to sell any gains from NASDAQ?

Apologies if I come across negative, just something I've noticed. This is my biggest holding so got a lot of interest in it.

Looks like it peaked at 137. Down to 131 now. Hopefully it turns around as I bought in at 130 earlier.

I've lost a bit confidence as well after this opening. I'm seeing 2.45 now. It seems the price falls sharply when bitcoin falls but doesn't rise by the same when it goes back up.

I think that only applies if you're married, and we're not.

The funny thing is I bought £1k worth in my ISA a few days later with the intention of selling the ones in my general account for higher than I bought these for so I didn't lose anything, but I decided I like the stock and didn't want to sell. Should have just bought £2k worth through Primary Bid...

I've got £1k shares in a general account that I bought through Primary Bid and really want them in my ISA. Going to have to sell them and buy back in my ISA at some point but that means losing out on bid/ask differences unless I can time it well like Tommy did. Tempted to leave them for now as it will have to rise by about 1000% before I need to worry about CGT.

What would happen to the share price if bitcoin crashes in 2022 as it happened in 2018 and 2014? Seems like bitcoin follows a 4 year cycle, so would expect another peak a year after the next halving around 2025. That's my biggest concern with this stock to be honest. I'm in at around 2.22 but worried about adding more in case of a crash next year. I suppose it's all good to ride any dip if investing for 4+ years.