Argo Blockchain Share Discussion Threads

[trentendboy] 08/1/2021 11:15

The person that was going to buy £50,000 at 14p. He bottled it but some of us said BUT BUY BUY

A shame if he missed it but this was always a winner

[yump] 08/1/2021 11:11

Actually several with some credibility.

[sif12] 08/1/2021 11:11

what do these rns mean? basically a lot volume at wide spread?

[qs99] 08/1/2021 11:11

And there we go, managed to buy a few more couldn't resist this morning on the dip, now blue and BTC through $40,000 DYOR

[mnomis] 08/1/2021 11:11

Not sure why anyone was dumping this am with BTC strong, but each to their own.

[yump] 08/1/2021 11:09

Folks, there is a resident expert here with credibility and also an imposter with none.

Also I am not a 'lad', I am an old git and I don't like being called 'lad' or 'mate'.

[mnomis] 08/1/2021 11:09

Just seen a speeding ticket RNS. Surprise surprise - sanity is restored ...

[suffersnofools] 08/1/2021 11:06

It isn't if you get a quote. MMs are trying to slow things down while they scramble to get stock. Expect 150p equiv by US close.

[suffersnofools] 08/1/2021 11:04

This is what I keep banging on about!If you dig below the headline figures not only is ARB the cheapest, it's also the best in terms of mining capacity and margins.ARB should command a premium, not a huge discount.So much further to go here....I see another 100pc up day coming

[emeraldzebra] 08/1/2021 11:03

Stupid question - apols - But why is the spread in Argo so wide ? - thought high volume would narrow it ??

[sif12] 08/1/2021 11:03

I did say 50k over the weekend... problem is if it spikes and cant maintain.. ARGO might drop off on monday morning

[nico115] 08/1/2021 11:02

Why would we listen to you when you told us to sell at 30pUtter nonsense

[oilisgold] 08/1/2021 11:02

Well lads.

1.40 yo 1.50 was conswrvative. We might even hit 200p tonight

[yump] 08/1/2021 11:00

Seeing as Riot Blockchain has been mentioned, I thought I'd look it up to see how market cap comparison looks:

RIOT annual revenue probably around £7mln (6 months to Oct was $6.7mln)
Market cap $320mln (£235mln)
Multiple of 33

ARB annual rate would be about £20mln
Market cap £370mln
Multiple of 18

RIOT has about twice as many machines as ARB and a low efficiency.

So although that is all about revenue, if you start looking at profits and which one will be able to afford dividends, ARB is way more profitable.

Add in the next 50% ARB capacity...

[scrutable] 08/1/2021 10:58

It has been an obvious predictable, fleeting, short term retracement this morning, and foolish to sell, but the climb will certainly resume later today or latest Monday morning to reflect the resulting, astonishing, increase in cash flow of >£2m/pa since yesterday.

[gspanner] 08/1/2021 10:57

So well over 40% stock in institutional hands.
Circa 3-5% stock being transferred to the US each day (this could of course come back but I very much doubt much will).
A rapidly decreasing free float available for U.K. investors looking for surrogate btc investment.

[aidenabettin] 08/1/2021 10:56

!!!!!!!CAUTION!!!!!!!.The market mafia are out in force.You know the names and who to ignore.#knowthegangknowthegame

[dafad] 08/1/2021 10:49

Expect to hit 44k today

[con90210] 08/1/2021 10:49

Nearly 41k for bitcoin

[oilisgold] 08/1/2021 10:46

This will go mental tbis afternoon. Just amaxing.

[oilisgold] 08/1/2021 10:45

Wow...just wow.

40.5k bitcoin.

Make sure u all are in at 2.3ppm. We should test 150p.

[gspanner] 08/1/2021 10:43

and the link:

[parob] 08/1/2021 10:43

The Americans are gonna love BTC above $40K