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ARB Argo Blockchain Plc

10.25
-1.00 (-8.89%)
Last Updated: 13:23:15
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
  -1.00 -8.89% 10.25 10.00 10.50 11.00 9.50 11.00 1,730,289 13:23:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 47.36M -194.23M -0.3362 -0.30 65M
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 11.25p. 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 £65 million. Argo Blockchain has a price to earnings ratio (PE ratio) of -0.30.

Argo Blockchain Share Discussion Threads

Showing 67926 to 67948 of 68025 messages
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DateSubjectAuthorDiscuss
05/6/2024
10:26
So why are you here if it is so bad JakNife if ARB is not for you simply move on. But you are here and you are here often which means you are heavily invested and losing big or you really want to invest in ARB and looking for a lower opportunity
drob1
05/6/2024
10:08
drob1,

You're being silly. Putting that aside, the facts are:

* The revenue figures for May are pathetically slim
* (which was completely predictable given the halving that took place in April)
* If you now look back at the Q1 results:



It's easy to see that a halving of revenue means that the direct costs of mining will exceed revenues

* adding in depreciation, operating costs, finance costs, tax, etc it should be plainly obvious that Argo is hopelessly loss-making and cash burning
* Argo was loss-making before but now it is colossally loss-making, incinerating cash on a day to day basis
* And there's a big chunk of bond debt that ranks ahead of shareholders

There is no positive spin that shareholders can put on this, those who are speaking negatively about ARB are simply telling the truth.

JakNife

jaknife
05/6/2024
09:29
Just remember. Anyone that comes on to a free board like this to trash the company has probably lost big and now sit there very disgruntledSad really but just watch the ones knocking it every day unfortunately for them they are the big losers watching every day hoping for a miracle hahaha
drob1
05/6/2024
07:46
I recall reading a few investors owned over 30% of Argo somewhere months ago.
Not sure that’s a smart move.
How is this company burning so much cash and just raised so much and still has a market cap of 50m.
If all stocks were valued like this the stock market would be heavenly

tia01
05/6/2024
07:38
Still calling themselves "a global leader in cryptocurrency mining"......really?!
broomrigg
05/6/2024
07:38
Should be zero!
jonc
05/6/2024
07:36
5m wow
Not looking great

tia01
05/6/2024
07:31
Market cap of £50m! Wow . Should be nearer £5m
cool runnings
05/6/2024
07:06
There we have it, as expected, dire numbers out this morning.
broomrigg
03/6/2024
22:10
Bad luck robo. I see that no one here seems to know.
An unworldly lot, ARB investors.

1knocker
03/6/2024
10:48
I have had a sheltered upbringing
Could someone explain what a French tickler is ?

robo21
03/6/2024
10:00
Sub 10p this week?
broomrigg
02/6/2024
12:19
With Bitcoin heading for 500,000+ USD before November 2025 and ready to begin its rise by this August, ARB is well placed for a recovery play.
opposablethumbs
01/6/2024
21:15
May operations update next week.......prepare for dire numbers.
broomrigg
01/6/2024
15:36
Investor meets - Thursday 6th June 3pm
tenapen
01/6/2024
09:54
That is a novel investment strategy, Ball Deep. A lot of hard work for no financial reward?
1knocker
01/6/2024
09:36
I will bum everyone on this thread if that happens, then stuff a French tickler in after.
ball deap
29/5/2024
07:18
@@@@@@@@@@@@@@@@@ eat more @pples@@@@@@@@@@@@@@@@@@@@@@@@@ @pples is 1 of ur 5 a day@@@@@@@@@@@@@@@@@@@@@@pples is good 4 u@@@@@@@pples is luvly
eat more aaapples
25/5/2024
22:03
Thought you'd sold out entirely?
zydecoco
25/5/2024
10:47
Market Summary > Bitcoin54,505.12GBP+704.16 (1.31%)today
r9505571
25/5/2024
10:46
Consensus EPS estimates fall by 50%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated.2024 revenue forecast increased from US$53.9m to US$55.3m.Forecast EPS reduced from -US$0.02 to -US$0.031 per share.Software industry in the United Kingdom expected to see average net income growth of 4.7% next year.Consensus price target of UK£0.12 unchanged from last update.Share price fell 4.3% to UK£0.11 over the past week.
r9505571
24/5/2024
15:24
The market does listen!

Holding strong at c 11p

tenapen
24/5/2024
07:28
Talking of black holes, has there been a seismic survey for oil on the land that Argo owns/owned?

One for the desperado Q&A session.

Hey 'Chris Oil' where art thou?

ARGO BLOCKCHAIN PLC - Q1 Update
19 views 15 hours ago

martywidget
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