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ARB Argo Blockchain Plc

8.50
-0.50 (-5.56%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argo Blockchain Plc LSE:ARB London Ordinary Share GB00BZ15CS02 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -5.56% 8.50 8.00 9.00 8.75 8.50 8.75 892,895 08:17:31
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 47.36M -194.23M -0.3362 -0.25 52M
Argo Blockchain Plc is listed in the Business Services sector of the London Stock Exchange with ticker ARB. The last closing price for Argo Blockchain was 9p. Over the last year, Argo Blockchain shares have traded in a share price range of 7.40p to 35.50p.

Argo Blockchain currently has 577,770,790 shares in issue. The market capitalisation of Argo Blockchain is £52 million. Argo Blockchain has a price to earnings ratio (PE ratio) of -0.25.

Argo Blockchain Share Discussion Threads

Showing 67576 to 67596 of 68000 messages
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DateSubjectAuthorDiscuss
13/3/2024
11:12
I hope no one here was suckered into QBT by the ramping on Sharetalk's QBT Exploitation board over the past two days.

It spiked up sharply on expectation of an RNS (which was ramped as certain to say that its tech was up and running, and would lead to an immediate quadrupling of the SP, with at least 25 times that to come). Sight of the RNS this morning dropped the share price back to where it was at the end of last week, very likely with further falls to come.

'Sentiment' on the exploitation board has done smart U turn today. Some very unhappy campers there now.

1knocker
13/3/2024
10:30
stockhunters - ARB is a miner of bitcoin. Like every other AIM miner the rising price of what you mine has no effect on your operations unless the sale of the product covers your expenses and services your debt.

If you're a gold miner the price of gold could rise 1000% but if the price of gold is not covering your operational costs and servicing your debt the company will eventually go bust.

That is where ARB is. They have debt and their mining operations have been adversely impacted as per the RNS 05/03/24. That's why the all time high price of bitcoin has no effect on the share price of ARB.

The next reappraisal will happen when they report operations for March 24 which won't be until early April 24.

Furthermore I suspect they are also forward selling the next discount placing.

pwhite73
13/3/2024
10:05
zydecoco is the know it all here, I'm sure he will enlighten you shortly.
As for me, I'm here just for the trade off 14

lawson27
13/3/2024
09:44
anyone got any idea why this is not up
stockhunters
13/3/2024
09:12
Accounting for the halving obviously
bakedbean
13/3/2024
09:11
As with all the other miners but the tipping point has to come soon surely ..these still make a lot of money when bitcoin at least 80k let alone the predicted 100 plus ..
bakedbean
13/3/2024
09:04
Someone wants arb dead
beatme1
13/3/2024
08:15
New Bitcoin all time high! $73,256 USD. #bitcoin  #btc 
r9505571
13/3/2024
07:47
Switch into QBT.....RNS this morning NDAs signed with big chip manufacturers and miners......https://www.proactiveinvestors.com/companies/news/1043022/quantum-blockchain-announces-bitcoin-mining-method-c-using-ai-1043022.html
broomrigg
12/3/2024
22:31
Long way to fall yet . They need Money and millions of £££
aimscam1
12/3/2024
10:17
Https://www.coindesk.com/policy/2024/03/11/uks-fca-opens-the-door-for-institutional-investors-to-build-crypto-backed-etn-market/amp/
zydecoco
12/3/2024
10:11
Https://www.coindesk.com/policy/2024/03/11/uks-fca-opens-the-door-for-institutional-investors-to-build-crypto-backed-etn-market/amp/
zydecoco
12/3/2024
09:17
Always good for a trade @14
lawson27
11/3/2024
22:19
https://www.coindesk.com/business/2024/03/05/bitcoin-soared-to-an-all-time-high-so-why-arent-miners-blasting-off-too/amp/
r9505571
11/3/2024
22:16
I doubt it munin.

We have not heard from LC for a while, but after going overboard on ARB's prospects (and presumably getting his fingers burned) he has talked a good deal of sense about QBT. So that rather puts him out of the running.

As for Sniffer, he has been totally eclipsed in the fantasy expectations stakes by Sharetalk and his 3 toadies. Their '1p to £20+ before the year end' predictions for QBT (no product, no revenue, burning cash) make Sniffer's 36 quid prediction for ARB (which did have a revenue producing business and a USP in the Texas facility which was inspired and could have been a success if rolled out with even a modicum of commercial acumen) look almost sane by comparison!

Buffet of course is a realist, and steers clear of nut jobs. He also likes businesses which are profitable and which he can understand ,and which could be successfully run by a fool, because sooner or later every business is. So he will not be in the running for a consortium with LC, and especially not with Sniffer, to take over any business, and especially not QBT.

So that only leaves a possible team of Sharetalk and Sniffer. As I say,I don't think Sniffer could live with being made to look like an over-cautious wet hen by Sharetalk when future profits and value come up for discussion. He is too vain to play second fiddle in the fantasy stakes.

Also it has to be kept in mind that they are both totally humourless, egotistical, and arrogant. Put the two 'Great Moderators' together and they would be at each others throats.

Its a shame though. I would love to watch (from the windward side) the two of them taking urns on the thunder box and vying to outdo each others predictions.

Finding a solicitor bent enough to sign off the legals in the takeover prospectus, and a banker stupid enough to put up the money would be a problem too. Though if Fred the Shred is back in business .... And if they went for a US listing, if Fani Willis and her paramour are looking for new jobs they would attend to the legal side without excessive regard for truth and accuracy, provided they were paid cash in hand....

Perhaps a Sharetalk-Sniffer QBT takeover consortium does have possibilities after all.

They could style themselves 'the QBT SS'. Very fitting for two such brutal moderators.

1knocker
11/3/2024
19:09
The tipping point will come soon and if u sell up to get into QBT it will end in tears
bakedbean
11/3/2024
18:40
bitecoin is flying

why the disconnect here ?



Pips

pippa pinkerton
11/3/2024
17:57
Knocker, do you think that there is any truth in the rumour that Sniffer, Large Chopper, and Warren Buffett, are putting together a massive bid for QBT?
munin
11/3/2024
17:57
All miners down today between 2% and 10%
zydecoco
11/3/2024
16:02
It is amazing, the QBT Exploitation board are all drunk with the prospect of becoming billionaires! Why? Because the share price has regained the last share placement price of 1.5p !!

Today i have posted there:-
that I have tried to buy 100m QBT shares but have been unable to get my order filled
2. that I need to buy at least 50m shares so as to be a billionaire by the end of the month when the share price will be £20
3.my broker has agreed a £1.5m facility of my margin account, with a 0.25% margin, provided that the money is spent exclusively on QBT shares
4. The factors which clinched that deal were Sharetlk and his followers 'conservative fair current valuation' of QBT shares at £1, the near certainty that the share price will be £20 by the month end, and the broker's confidence in Sharetalk because he is a paid up, traceable subscriber to ADVFN. !!!!

Not ONE of them has spotted that it is a wind up! All my posts have been upticked multiple times! Does any of them even know what a margin account is, or the terms on which the limits are set? Sharetalk normally suppresses my posts within minutes of them appearing - but he has not suppressed a single one of these!

I don't think I could have made my posts more wildly OTT. I really don't want to encourage anyone to risk his money there.But they will swallow ANYTHING.

If that lot were Eskimos, one could name one's own price to sell them snow.

1knocker
11/3/2024
15:42
What is going on here?
r9505571
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