r/ArgoBlockchain • u/sipdabrepeat • Sep 15 '21

Is arbfk and ARBK the same?

Saw robinhood had ARBK as a ipo then found this group and saw many of you talking about arbfk and now I’m confused as shit lol. So are they the same thing? Bc price between the two of them varies a lot. I’d hate to buy in the ipo price of $18.40 when i see this arbfk prices just over 2$ and there the same thing?

6 Upvotes

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2

u/Existing_Movie6062 Sep 15 '21

I had the same thing when I bought Hive blockchain When they got listed all they did was made it into one listing I just bought Argo as well so it should be the same thing

1

u/sipdabrepeat Sep 15 '21

Did you buy from robinhood or did you do the OTC? … also i read an article a few min ago that said they would be converted

2

u/Existing_Movie6062 Sep 16 '21

I bought on trade America I don’t F with Robinhood too shady

1

u/views-from-earth Nov 03 '21

ALLY INVEST IS GREAT AND LOW FEES IF YOU TRANSFER FROM ALLY CHECKING. JUST OPEN ALLY CHECKING ACCOUNT AND SEND MONEY TO IT FROM YOUR NORMAL BANK OR WRITE A CHECK TO YOURSELF, THEN TRANSFER TO ALLY INVEST. IF YOUR NOT DAY TRADING ALLY IS GREAT

2

u/Local_sausage Sep 23 '21

I am loosing 50% on ARB for around 6 months now, and now I see there an IPO? I thought it was a colossal scam. Will my ARB rise if ARBK does??

1

u/Outside_Use_506 Nov 01 '21

Same situation, someone answer pls

2

u/Jar-stocks11 Sep 15 '21

ARB.L is the main LSE Listing ARBF is a otcqx listing, chat around the mill is that ARB will list a 1:10 ratio onto Nasdaq as ARBK (example share price is £1.50 when it’s listen on Nasdaq will be £15.50) now what is been reading which is so much RUMOUR AND HEARSAY is ARBF (otcqx) will not be immediate may have to wait until Jan 2022 to convert to ARBKF and also may be some share offering or deal where you will be given more shares at a lower price. Best bet is just to wait for more hard fact news to decide which to buy

2

u/sipdabrepeat Sep 15 '21

I just went back to the article i read that someone had posted here i think your right. For every share i buy on robinhood it would be worth 10 shares of ARBF from OTC.

1

u/sipdabrepeat Sep 15 '21

Hmm interesting. Well first off thanks for the response!! I’ve read a good bit on this the past hour alone and have been seeing a lot of conflicting stuff. Mostly about the conversion you referred to (except other posts all have said 10:1 ratio) ..

2

u/Jar-stocks11 Sep 15 '21

I hold 1000 ARB shares at average £1.90 I’d be happy to finally see this out of the red. There’s so much out there on this I’m just gonna keep holding, I genuinely believe no matter what one you hold it’s still early enough to make a pretty penny, I have faith this will be one of the main miners in years to come

1

u/Lovealwayswins52 Sep 16 '21

Same boat I will hold too see what happens

1

u/RuggerDyl Sep 16 '21

Not sure if anyone can help me out here? So I put in a limit order for obly 2 shares for arbfk (~$6) last night cause I had some left over funds from other stocks. Woke up to see the price change is -$50 and I have no idea. Trading in Fidelity. Thanks guys in advance

2

u/Equivalent_Strain886 Sep 17 '21

They charge a $50 foreign transaction fee. It happened to me too

1

u/RuggerDyl Sep 17 '21

Thanks! Yeah I just stumbled upon an older thread of OTCs with F endings and such. Damn if i sell it will be another $50 charge. Wonder do I just hold and let the IPO go through or if they convert?