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ARB Argo Blockchain Plc

4.625
-0.125 (-2.63%)
Last Updated: 11:58:40
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
  -0.125 -2.63% 4.625 4.50 4.75 4.625 4.375 4.63 2,238,301 11:58:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 50.56M -35.03M -0.0488 -0.95 34.07M
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 4.75p. Over the last year, Argo Blockchain shares have traded in a share price range of 4.375p to 23.25p.

Argo Blockchain currently has 717,250,353 shares in issue. The market capitalisation of Argo Blockchain is £34.07 million. Argo Blockchain has a price to earnings ratio (PE ratio) of -0.95.

Argo Blockchain Share Discussion Threads

Showing 13051 to 13073 of 68500 messages
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DateSubjectAuthorDiscuss
15/1/2021
18:52
Thanks very much SNF And you, stay safe my friend x
nico115
15/1/2021
18:49
Gold moves first and foremost with yields
nico115
15/1/2021
18:43
Hi horneblower
The gold price depends upon the sentiment of traders too. It cycles higher and lower.
Look at the platinum price...it has been far higher than gold....and far lower.
Scarcity doesn't matter.

Look at crude oil. Not so long ago it was well over 100 quid a barrel. Last spring it was absolutely worthless.

2tyke
15/1/2021
18:38
Hi yump,
No that's not the case at all.
These studies have always been done under very controlled conditions. For example, traders have been given a very thorough brief about various companies before assessing a real-life RNS that they don't know about. All studies have shown that knowing the news in advance doesn't help.
This is something most investors/traders find. Good news very often starts a share price sell-off.
It actually depends upon the share price trend. An uptrend is re-inforced by good news. A down-trending stock tends to ignore good news. Either way...news doesn't drive price.

2tyke
15/1/2021
18:24
"Studies have shown that when investors are told the 'news' in advance, they don't have more than a 50/50 chance of predicting what the share price will do.ie, pure guesswork."

Assuming that is true (although if they were given no business history to the stock or the price, then the study is pointless as it doesn't prove anything other than without other information nobody can predict a price movement),

This does not follow:

"That's because outside events are not the driver of stocks."

You've used something I assume can be referenced as a valid, although pointless, study and then attached your own belief to it.

Which is the worst sort of bad reasoning similar in type to the sort used by Creationists.

yump
15/1/2021
18:22
2tyke,

You say "Scarcity has nothing to do with it, or else the price would always rise and it doesn't."

I'm intrigued; are you saying that if gold suddenly became as common as say copper, the price of gold wouldn't fall?

horneblower
15/1/2021
18:09
Matty,
'Suspect btc fall is because the fed'
--------------
Most investors thought this would make btc soar.
You highlight an interesting thing. Studies have shown that when investors are told the 'news' in advance, they don't have more than a 50/50 chance of predicting what the share price will do.ie, pure guesswork. That's because outside events are not the driver of stocks.
In the case of btc....there are no fundamental drivers...it's virtual. The only driver is the sentiment of the traders. And that's a natural cycle which depends upon only 'price'.

2tyke
15/1/2021
17:29
Possible DT.
equity growth
15/1/2021
17:18
Mnomis

Actually was thinking of possible t/o relationships but hadn’t thought about vulnerability as you mention

yump
15/1/2021
17:17
If you believe strongly, as I do, that BTC will see $100,000 maybe this year or sometime next, then today's fall is a golden opportunity to continue buying ARB .

My last tranche was around 110p and a small nibble today at 101p, so I'm rigidly sticking to my buying ARB on 10% or so dips.

I think ARB is too volatile, at least for me, to attempt trading and am quite happy to hold here for the longer term big rewards.

The weekend's BTC movements should be worth watching.

crypto nugget
15/1/2021
17:13
That explains why I only just managed to get some before some of the rise ;-)
yump
15/1/2021
17:02
Would have to be a pretty rich kid, lot of pocket money 300m gbp
mciw
15/1/2021
16:59
Sideshow, would love to know your opinion on all this BTC wave talk ... or forget the noise, sit tight, and enjoy the riches to come?
mnomis
15/1/2021
16:55
Argo Q&A pt 4
uapatel
15/1/2021
16:55
Matty - withdrawal working fine on coinbase.
sideshowbull
15/1/2021
16:53
Had a quick search. hTTps://www.thisismoney.co.uk/money/investing/article-9118141/Coinbase-cryptocurrency-traders-continue-face-frozen-funds-weeks.html
aidenabettin
15/1/2021
16:38
aiden,

Do you have a link for the Coinbase and Binance withdrawal thing please?

mattybuoy
15/1/2021
16:25
Its all change post Brexit.ARB will grow
aidenabettin
15/1/2021
16:23
Yump - you being sarcastic re share price? Right now, ARB is still a sitting duck against Riot / Mara paper if they come sniffing ... if ARB wants to be the dominant listed miner, it needs to get the word out and close the valuation gap, hence the strategy playing out. Right now, too easy for competitors to issue their expensive paper to buy up rigs ... assume you have been following this all.
mnomis
15/1/2021
16:19
Well once we are closed there's nothing you can do but watch btc this weekend,
7rademark
15/1/2021
16:17
Volume doesnt agree(not yet).Thats just FUD.Coinbase and Binance blocking withdrawals is FACT
aidenabettin
15/1/2021
16:15
I tried to buy a few times just now and no deal which was odd with the share price dropping, but someone managed it.
yump
15/1/2021
16:15
Futures steady at $14B $BTC 24hr USDT but Spot Under $4B USDT 24hr.Volumes changed dramatically last weekend so will be interesting to see if we have a new trend after the stock markets close.ready with the longs
aidenabettin
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