Argo Blockchain Share Discussion Threads

[nico115] 18/1/2021 08:06

I'm in no gang I'm still bullish But it's a placing so will take 2 or 3 days for indigestion to passThe good news is that we have had decent volumes here so will be forgotten next week

[aidenabettin] 18/1/2021 08:05

And i was using fact. And a North America fact not Canadian

[aidenabettin] 18/1/2021 08:04

Showing your true colours now.#knowthegangknowthegame

[nico115] 18/1/2021 08:03

Use the correct wording It's not financial backing It's a placing. Will be good for us long term holders but I bet the shares haven't gone to LTHIt's a typical placing and probably plenty of flippers imho

[suffersnofools] 18/1/2021 08:00

Yump was using an analogy ffs

[honestmarty] 18/1/2021 07:55

Could easily fall below the placing price.

(If you don't understand why, you shouldn't be here.)

I might bet 500 pounds if it does.

[aidenabettin] 18/1/2021 07:53

But its not a new factory. hTTps://www.corescientific.com/news/core-scientific-becomes-publicly-traded-argo-blockchains-newest-hosting-services-partner

[trentendboy] 18/1/2021 07:52

Also provides a strong base for the SPNasdaq listing can cost a lot of money - 8 million if they really want to go down that route

[trentendboy] 18/1/2021 07:51

Good they got the placement throughDecent price at 80p but instant profit for tutesA rights issue would have let us participate but would have taken too longAll in all, decent job and gives us expansion cash so more BTC can be HODLed Borrowing against BTC strong move

[qs99] 18/1/2021 07:48

Fascinating, people moan at an 80p placing price when this was 10p 2 months ago ffs

Not a bad price at all, helps put a floor there and provides some meaningful capital to increase mining capacity...

Which will make it a more meaningful proposition for when, IMO, it tries to list on NASDAQ which will be the next stage if I were ARB management

DYOR

[yump] 18/1/2021 07:47

Its just like opening another factory except its up and running and profitable in a few months.

[aidenabettin] 18/1/2021 07:46

What if its not the case and you are spreading FUD.Now way back for ARB its all onwards and upwards.Superb investment

[crypto nugget] 18/1/2021 07:45

justtrying1 - you are well known for being a deramper and posting drivel.

Afraid it doesn't work this time, your lack of market knowledge is showing through now.

[aidenabettin] 18/1/2021 07:45

One person one account.How would you fair on a level playing field?

[nico115] 18/1/2021 07:43

It's not necessarily backing It's over a 20pct discount ,for all we know the buyers will be out this week if they can get 10pct I suppose for us long term holders we will just have to wait a few days for it to get sold if that's the case I'm sure there will be upgrades on this as it's an 8pct dilution but our mining capacity increases.

[aidenabettin] 18/1/2021 07:43

Are you serious?.Thats good investment and shows confidence that share price is solid at 80p

[dibbs] 18/1/2021 07:42

Keep taking the tablets you paranoid idiot!

[jamins] 18/1/2021 07:42

It will be interesting to know the make and model of the new hardware. Conversation only a week or two ago was about the lack of Bitmain hardware availability in 2021.

[aidenabettin] 18/1/2021 07:41

Are you a flipping gang member.They like the good cop bad cop play

[nico115] 18/1/2021 07:41

But it's the US who are the main buyers so would've helped having the US open to soak up the stock

[justtrying1] 18/1/2021 07:40

I see the rampers are trying to hide the fact of a placing by ramping that its a big investor.....PLACING IS A PLACING THE PRICE HAS BEEN OVER 100 for the past week why was the placing so low at 80p

[aidenabettin] 18/1/2021 07:39

I think if they have this much financial backing they should go after Luxor

[crypto nugget] 18/1/2021 07:39

Valid point nico115 - although it does say not available in the US.

We'll leave their big institutions to just continue piling into bitcoin.

[suffersnofools] 18/1/2021 07:38

We're getting a 60pc increase in mining capacity from a less than 10pc dilution in equity.Institutional money investing at 80 will have done their due diligence and have built revenue models. I can assure they aren't looking for a 300p share price! The OTC mob are going to love this. No doubt the mm's will try abs and shake a few loose this morning but this just gets better and better in the medium term.