Argo Blockchain Share Discussion Threads

[richie666] 27/4/2019 14:43

ALIGN VIEW -

[hungary16] 23/4/2019 11:59

I assume he is p....off like the rest of us as he paid 17p for most of his shares !

[hungary16] 23/4/2019 11:58

I’m not sure what the big deal is with Timis - he is just a shareholder and can’t do anything without the support of other shareholders !

[rock star] 22/4/2019 06:22

Timis is one of life’s wrong ‘uns.

[hungary16] 19/4/2019 18:54

What’s changed - what happened to the change of strategy announced in February. Seems everything is going well after all !

[peted81] 18/4/2019 16:58

Can someone please explain this for me?

Argo sold a higher than expected number mining packages. A steady income for Argo, and the risk of mining profitability moved to their customers.

During the crypto downturn, argo have protected themselves from crypto markets by terminating customer contracts, abandoning inbound cash, and operating as a mining only firm, have become fully exposed to crypto prices?

Their words and actions appear to contradict themselves?

[nico115] 18/4/2019 09:43

I wouldn't trust Tim as far as I could throw him Hope current mgmnt stay This will be bust if cash is used for a mining acquisition That's why we are 3p!!

[orm5] 18/4/2019 08:25

£15m cash and....The Board believes that, as a result of the change in strategy and reduction in operating costs, combined with the acquisition of new hardware and active management strategy in respect of owned cryptoassets, the Company will achieve operating cash break even this month.

[sunnysideup1] 17/4/2019 14:54

argo results are out just now.

[bad gateway] 15/4/2019 09:19

I.G. Won't let me buy these. "Not suitable for European retail client" is the message I'm getting.
Did hold them with I.G before and they wouldn't sell them for months, just plain refused and in the end admitted their broker wouldn't allow them the credit to trade them??
Made no sense at all and took ages to get them to sell them. Is it just I.G?

[bad gateway] 15/4/2019 09:11

They're in Canada so would be an ideal sector for these bankers to move them into.

[whoppy] 15/4/2019 09:07

All sounds potty and makes Argo board look a bit dopey, doesn't it. Maybe Argo are on the Whacky Baccy. ;)

[bad gateway] 04/4/2019 09:21

EBITDA positive looks a bit easier to achieve the last few days. Nice move on BTC. $6000 possible?

[horneblower] 02/4/2019 16:05

When you say bitcoin is up 14% today, do you actually mean 1.2%?

Bitcoin is in a bear rally presently with a target of $4300. It should then do the second half of the bear move with a target of around $3k.
After that is harder to predict but $1140 and then $700 are strong candidates.

Oh, and I was joking about cannabis. ☺

[sunnysideup1] 02/4/2019 11:28

You lot are just after latest flavour of the month. BTW bitcoin prices are up 14% today alone and it’s rallied By about a third since the Dec lows.

[horneblower] 02/4/2019 09:36

Cannabis farming?

[sunnysideup1] 02/4/2019 08:12

Well they believe they can become EBITDA positive from the second half of this year so it’s a question of believing them or not. Either way it isn’t long to wait.

[hungary16] 02/4/2019 00:38

Exactly right - so the company needs a new business - simple as that !