Argo Blockchain Share Discussion Threads

[aidenabettin] 30/10/2019 07:39

Buy BTC!!!!.A good rns though

[supertag] 30/10/2019 07:12

Now that's more like it!

[hootza616] 30/10/2019 06:35

How are the tea leaves looking today Scotty? Still bullish tones?

[hotdaddy1972] 29/10/2019 20:12

The new rigs are 50% paid for and the rest of money is in the bank, they don’t need the coins to pay for the new rigs which incidentally they always said November to start taking delivery of the new boxes!

[scottman72] 29/10/2019 18:59

Theres no point holding the BTCs at the moment. All this does is delay installation of new miners.
The cost of this delay is more than any gain in waiting for a potential rise in BTC price.

[hootza616] 29/10/2019 16:10

Many also suggested that if they hold onto BTC it simply becomes a gamble on the BTC price, which can be done elsewhere like GBTC for example.If you want to invest in a profitable company which essentially prints money while BTC is at these levels then fill your boots!So yes, WOW, IMO.

[hootza616] 29/10/2019 16:04

The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB.

[stoneme] 29/10/2019 16:03

Really? Wow.You don't think they should have sold their mines BTC at a higher price? Like some of us suggested? Sorry. They have installed their kit , as planned, on time. Although their forecasts, and delivery had not be as accurate as you portray.There are things not as they seem here IMO

[benny70] 29/10/2019 15:06

AIM??? What are you on about.

[roddyb] 29/10/2019 14:27

Depends what profit they make and what div’s they produce. Early days. If all the upside is ploughed into new machines for new machines’ sake then we could end up with a fistful of nothing. If we say our target is have 7,000 machines then harvest “the money” then that is a different proposition. AIM companies do have bad habits, sometimes the corporate motivation is driven by Continual investment as it means jobs for the management - shareholders eventually getting nothing.

The other risk, the elephant in the room, is that BTC has value right up until Mr Market says it doesn’t. Some rampers on here see BTC at 25,000 USD but it is equally possible it might be 20 USD as no-one has proven anything about long term demand and viability.

For me I was happy to be out at 9p even though some people here thought this was going all the way to 20p in days - as usual with all AIM bets - the price doesn’t go one way...

[hootza616] 29/10/2019 11:08

They have not let us down since the April announcement.If they were not going to do it they would not have put it in the RNS.Will be largest listed miner in new year. Price can't stay this low for long even with a seller.

[antimony64] 29/10/2019 09:29

You don't see much happening in a period where they are installing 5500 machines in 2 months?
They have said this many times recently, they are pretty confident.

[chrisan101] 29/10/2019 09:25

Installing 5500 machines within 2 months and they're still waiting for delivery could be ambitious.. With having due next year hopefully BTC price increases and ARB will be in a commanding situation going into 2020. I don't see much happening before then.

[slicethepie] 29/10/2019 09:19

Pretty certain Miton and hadron are sellers, Miton seeing redemptions since merger with premier I believe. Both had under 5% last reported

[1new guy] 29/10/2019 09:11

supertag, Bitmain were unable to meet orders for the latest, advanced machines. Compensation to be paid but I suggest production and delivery catching up in the coming weeks. Hence 500 machines installed is good progress. Can't install stuff you haven't received, can you?

[1new guy] 29/10/2019 09:06

So a significant and unexpected, holding, bitcoin price rise. An excellent RNS statement and this share price falls. Is Neil Woodford now the market maker for this share. Also weird is the constant reference to it being AIM not FTSE listed. Whatever, something smells iffy about this share's behaviour. really undervalued and way beneath the IPO of a year ago with terrific performance as a Company.

[hootza616] 29/10/2019 08:16

Ready to plug in as soon as they arrive!

[ragnarr] 29/10/2019 08:14

awaiting delivery

[supertag] 29/10/2019 07:51

Not sure why they only installed 500 machines in one month but expect to do 10 times that in the next two?

[hamidahamida] 29/10/2019 07:46

Gets better and better more machines more bitcoins

[scottman72] 29/10/2019 07:36

Another 500 Ants installed

[hootza616] 28/10/2019 11:41

More China news also.

[scottman72] 28/10/2019 11:33

Possible Bull Flag formed.
Hopefully move further north soon.

[jumpenjim] 28/10/2019 10:54

Hootza616

personally with the volume we have had this morning I think the price has been

manipulated as per more other stocks on aim

One of the reason's I liked this was when we had a bit of buying and selling the

price moved quite quick in the appropriate direction but after seeing that this


morning ! Like yourself feeling a Tad disappointed Love to be proved wrong !!


But hey ho we shall see jj