Argo Blockchain Share Discussion Threads

[1knocker] 13/6/2025 17:49:41

The trend is inexorably down, with no prospect of any catalyst to reverse that. Even if there is an emergency capital raise it is difficult to see that enough can be raised to turn ARB around, and any raise will be at a deeply discounted price which will dilute existing holders to invisibility.

Get out if the value of your holding still exceeds the dealing costs of selling. Something is better than nothing.

[robo21] 09/6/2025 08:03:24

Not reporting bitcoin production anymore ?

[thesaint5] 28/5/2025 11:16:46

Covered off chart in podcast below for those into TA

[martywidget] 28/5/2025 08:34:57

zydecoco, indeed, when to hit that BTC sell button before the top...


Chart predicting this years bitcoin cycle top:

Bitcoin Cycle Repeat Chart



Back in 2022, this was published:

BITCOIN The Blueprint to the next Cycle Top



Mark your calendars: September 27th to October 8th, 2025. Our current understanding of Bitcoin cycle tops points directly to this window.
Based on distinct 1050-day and 1062-day strategic models—differing by a mere 12 days—these dates are anticipated to represent the critical threshold, transitioning from a bull market into a bear market.




The 1062 up days & 364 down days bitcoin cycle chart from earlier this year:






Regards.

[bakedbean] 27/5/2025 11:31:57

A lot of trades today ?

[thebinman] 22/5/2025 20:26:30

BTC new highs and this does nothing .
😂😂😂😂
What a pile of cack .
Levinson is bound to be on this ?

[zydecoco] 22/5/2025 02:20:46

BTC saunters through 110k

[zydecoco] 22/5/2025 02:20:27

BTC saunters through 110k

[dipa11] 16/5/2025 20:07:48

Https://uk.investing.com/equities/argo-blockchain-adr?utm_source=investing_app&utm_medium=share_link&utm_campaign=share_instrument

[grahamytrain] 14/5/2025 10:00:15

Why isn’t this dog 00.00……surely no one still interested at buying shares here, even at 00.00 ???

[1knocker] 13/5/2025 21:46:55

BTC rise has not been reflected in the ARB share price - for good reason.

The mystery is why the the share price is as high as it is, and why anyone is still invested here. Anyone who believes ARB is the best place to have his money must take a remarkably bleak view of just about every other stock on the market.

[jaknife] 13/5/2025 12:11:38

FWIW, the shares are still trading in the US:



They were never suspended in the US. The FCA must have an issue with Argo otherwise they would have relisted them immediately, as soon as the accounts were published.

Note that the FCA also still haven't approved the prospectus for the December placing yet!

[owenga] 13/5/2025 11:56:12

Why hasnt Argo been re listed yet?

[jaknife] 09/5/2025 13:43:00

They have no hope of repaying the bonds, they need to do a debt for equity swap on them. Even if they do that though the net equity would still only be about $10m to the positive.

[loglorry1] 09/5/2025 13:03:44

No way they can repay the bonds when due. Can they make the coupons and cover G&A? Possibly if BTC stays strong, can sell surplus mining kit? But to what end? The grim reaper of the bonds is still there and in a year or two the already near obsolete mining rigs will be worthless.

[1knocker] 09/5/2025 12:27:53

ARB's 'long term' viability still very much in question?
I think you can add 'medium term' and 'short term' to the list.

[jaknife] 09/5/2025 09:07:50

They're been kicked out of their data warehouse and so have had to mothball lots of their kit, hence the big drop in BTC mining revenues.

[trader465] 09/5/2025 07:47:48

Unless Bitcoin prices surge or they secure significant new capital or partnerships, Argo’s long-term viability is still very much in question

[trader465] 09/5/2025 07:46:40

Massive Drop in BTC Mined: 755 BTC in 2024 vs. 1,760 in 2023 — down 57%. That’s catastrophic in mining terms.
Revenue Decline: Down 7%, but worse in context due to halving impact and fewer mined coins.
Mining Margin Shrinkage: From 43% to 33%, hurt by halving and operational challenges.
Heavy Net Loss: $55.1m net loss vs. $34.6m last year — worsening by over 59%, mainly due to:
$31.5m impairment
$15m amortization
$6.8m interest
Going Concern Warning: A major red flag. Both directors and auditors acknowledge “material uncertainties” over the company’s ability to stay solvent.
Deterioration in Cash Position Post-Year-End: From $8.6m at Dec 31 to just $2.4m by March 31 — extremely tight liquidity.

[1knocker] 30/4/2025 17:11:35

Very decent of all concerned to give a day's notice, to give holders a final chance to get out with something. Something is better than nothing.

[owenski] 30/4/2025 14:46:28

About time, garbage, bargepole, always was.

[travis walton] 30/4/2025 08:57:12

Rearrange these 2 words to describe the bmwman3 loser

END BELL

[lazygun] 30/4/2025 08:26:23

Should have been suspended from today not tomorrow

L

[easybrent] 30/4/2025 07:43:20

Accounting issues add to the mix.

[grahamytrain] 24/4/2025 18:07:46

Sustained coma but slowly deteriorating.