Diggy Doggy dog |
Company holds 3 bitcoin Pmsl |
20p is my next top up price
ARGO bitcoins worth billions soon |
Holy reasonably decisive breakout Batman! |
BTC ambles through 105k |
BTC ambles through 105k |
1knocker
Your hope is not real the reality is YOU talk from your BACKSIDE once too often
BTC-Bitcoin,
I is on the rise again with a new BREAKOUT to $103,860 at one time |
That's nice to know Noirua. Any hints on where the moolah is coming from to do it?
No risk of a large and deeply discounted capital raise which will dilute existing shareholders to virtual wipe out I hope. |
Argo Blockchain PLC ~ ARB:LSE
Argo Blockchain is focusing on its growth opportunities
Published: 08:54 20 Nov 2024
Argo Blockchain plc (ARBK) |
(On Bitcoin proxy MSTR.It will be included in NASDAQ 100 from 23rd Dec) |
(On Bitcoin proxy MSTR, it will be included in NASDAQ 100 from 23rd Dec) |
When the ARB share price is steadily falling, its bonds are almost worthless and BTC is rocketing, what does that tell you about ARB?
Just asking for a friend.
Can you help, master rsi? |
Really Master rsi?
I sold the small remaining part of my ARB holding at a bit over 12, taking a loss, and urged others to do the same. No regrets about that.
As to BTC, you want to hold BTC not ARB to benefit from the rise in the BTC price, and I do. My BTC holding is currently up 1150%. So no regrets about that either.
If that is a KO, roll on my next KO! |
Knock got knock and now is KO
They even have a LARGE MOUTH so say nonsense.
BTC-Bitcoin is moving up fast, just broke $102,000 and spiking UP |
Any small rise in the share price is an opportunity to get out with something.
If it does survive it will be on the back of an emergency capital raise at a deep discount, diluting existing shareholders to virtually nothing. |
atmysignal,
"Why is this so low when btc is so high?"
Have you read the accounts?
1. It's hopelessly loss-making
2. It burns c. $1m to $1.5m a month
3. It's got a technically insolvent balance sheet with negative net assets of -$19.8m!
4. There's $40m of bond debt that trades at just 27% of par, indicating extreme financial distress:
5. They're being evicted from their data warehouse in Texas with effect from 1 January 2025!
It's difficult to imagine a bigger crock of 💩 ...
.. and yet it appears that lots of people don't understand these basic facts (^^) and just buy because ... " errrr bitcoin"!
JakNife |
Why is this so low when btc is so high? |
Another good move up just now 5.25 v 5.75p +0.20p
Volume of 621K so far |
mr bernard castle
And I thought you were Squatting under the bridge,
but I realize that was your home.
Castle it must be the one in ruins
ARB is doing fine
or you are blind |
All credit to 1knocker. Fools are easily parted from their money! |
Noirua, I have tucked those charts in the header. |
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