Argo Blockchain Share Discussion Threads

[brasso3] 05/5/2020 09:40

There is a gap on the daily chart down to 4.7p. Might need to fill before it moves up.

[hootza616] 05/5/2020 09:38

I have received 10 sell quotes all at 5.06 or 5.07 over the last 10 mins. It means all trades listed as sells are buys! Either being manipulated to allow a big buyer in cheap or someone about to dump!Anyone know how many shares the exiting CEO holds?

[hootza616] 05/5/2020 09:35

I like the way this company stays dynamic. The ceo was here since listing, time for a change and focus on growth and increased value for shareholders. Maybe this new ceo is tasked with raising the MCAP and is talking dividends?

[yankeekraut] 05/5/2020 09:31

Why did the CFO leave abruptly? This is always a red flag (even if he stays on Bod as non-exec.). Just a natural "changing of the guard", or something else...?

[hootza616] 05/5/2020 09:28

Just topped up 90k at 5.375 and it's showing as a sell. All trades at this price showing as sells.If this was AIM I would say the MM's are manipulating the price down.Look at all those small test buys earlier at higher share price effecting the average price! Why?

[suffersnofools] 05/5/2020 09:26

Give it a rest Topaz. Your ramping is counterproductive.

[natnrg] 05/5/2020 09:04

FY accounts already out.

[topazfrenzy] 05/5/2020 09:01

Should blast past $10,000 any minute now

BUY

[topazfrenzy] 05/5/2020 09:00

cash cow, BUY

[scrutable] 05/5/2020 08:59

April is a 30 day month against 31 in March almost covering the tiny difference in production figures. Yet there will be an immediate 5.9% increase in output in May from the increase of 1000 S17 machines in operation.

The company has again showed an ability to keep increasing its unrivalled cash return on capital invested.

The imminent halving is exciting to look forward to, As are the FY accounts now due.

[horneblower] 05/5/2020 08:57

Feeling suicidal? Try The Samaritans.

[jumpenjim] 05/5/2020 08:51

Time to top me thinks :-)

[jumpenjim] 05/5/2020 08:51

Time to top me thinks :-)

[topazfrenzy] 05/5/2020 07:35

Revenue in JUST ONE MONTH is over 10% of market cap!

[topazfrenzy] 05/5/2020 07:24

This company is a money printing operation, with a ridiculously low valuation, after the halving we should see things move very fast as the mining space becomes clearer internationally, who survives and who does not.

This will be taken over at c. 25p to 30p this year imo, too low I know but a bid is coming

[topazfrenzy] 05/5/2020 07:22

Glad to see the old guard go and the new blood taking over.

[mcfly79] 05/5/2020 07:16

Argo, the leading cryptocurrency miner based in the UK (LSE:ARB), is pleased to provide the following operational update for April 2020.The Group mined 319.2 Bitcoin or Bitcoin Equivalent (BTC) during the month of April, compared to 333.8 Bitcoin Equivalent in March. This takes the total amount of BTC mined in the first four months of this year to 1,237 BTC, a record level for Argo and a 122% increase over the previous four months. Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in April amounted to £1.8 million (March 2020: £1.8 million). Argo generated this income at a mining margin of 39% (March 2020: 42%). Mining conditions in April were slightly harder as algorithmic difficulty increased twice in the month.The Group confirms that 1,000 Bitmain Antminer S17+ machines, ordered and announced previously, have been installed and are in production this week. Their arrival brings total mining capacity to approximately 18,000 machines and 730 Petahash, a 244% increase in hashpower from the end of last year.Argo also announces today that Timothy Le Druillenec is stepping down as chief financial officer to become a non-executive director of the Group with immediate effect. He is succeeded by James Savage who will take over as finance director, and is based in London.James is a member of the Association of Chartered Certified Accountants and brings seven years' private practice experience in auditing and corporate finance across capital markets in the UK, US and Canada. He has held roles managing audits of large multinational groups and carried out valuations for investment funds. James specialises in financial reporting, business analysis and financial modelling.Peter Wall, chief executive of Argo, said: "I would like to thank Timothy for his invaluable contribution to Argo's rapid advance from start-up and London stock market listing to its current position as a leading UK based cryptominer. I would also like to welcome James, who brings strong financial reporting experience and look forward to working with him to take Argo to the next level."

[topazfrenzy] 05/5/2020 06:24

Only the mad stay out of BTC now

[topazfrenzy] 05/5/2020 06:24

It's now smashed through $9000

[yump] 04/5/2020 19:21

Would you like my shares for 20p each then ?

[topazfrenzy] 04/5/2020 19:06

UP UP UP FOR THE NEXT FEW YEARS!

GET IN NOW!

[hootza616] 04/5/2020 18:08

Halving getting close now. Which way will it go?Exciting times coming!

[garth] 04/5/2020 15:22

DOW dip over, cryptos rising is tandem again. Up or down by the end of the week? I don't know.

G.

[topazfrenzy] 04/5/2020 15:16

Dip over, cryptos on the rise again