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Yes, entry price is part of the consideration. Having just checked, today there are 277 companies without debt on FTSE of which Argo Blockchain is one. Better the devil you know.
If BTC keeps going up Mara and Riot will lift first - followed by the Canadian miners (I class us as a canadian miner at the moment). Bought some more this morning - confident where we are going.
If you’re gonna sell..... just sell. Move on and thank your profits..
My greed buys your fear. Sprnkle a little patience ie long term mentality and this is going to win for me.
While the SP expectations are not great, this company has no weaknesess, and I can only see Argo SP growing.
Trelawny
Total depends on your entry price I guess ;)
Sorry I dont agree with you @casaljuma. Only major UK bitcoin miner,diversified in land, zcash et al. Zero debt on balance sheet and pumps daily profit like a bank. Steady share price and loved in the USA. I am loving the Argo journey and sleep good at night with my share position and even hold XRP. What is not to like?
Wise move Casajaluma
i have only 60000 arb shares so i am out of here - ARB has had its day time to move on and trade in binance
have a psoition on XRP will add these shares - shame but this is not an investors stock anymore- it was very exciting last year with wild swings fun at times and scary at others buy now ite very very very BORING !!!!
???????????? 200p placing? Who?
Yes afraid so. We need something to kick start the SP movement but if the last RNS wasnt enough I'm not sure what is.. maybe NASDAQ maybe not but that is all that is left. My worry is that if BTC tops out early at day $72/75 if could fall back before weve really done to much
I personally think the confidence should be in a price that has gone from 200p placing to 2.40p
Despite working in so many shares.
Any normal share would have tanked.
Half jug empty people won't see this though their tears because they are too busy crying.
Dadsbatty. This exactly. Older and experienced investors are always wary of top Director share sales and alarm bells start ringing.
It takes time to recover investors trust after top dogs selling and dilution to boot, I don’t mean investors that are already here and understand the potential but new blood will be wary until we start to move again.
Totally agree. As miners dont pay dividends the only reason to buy miner stock is capital growth. Unfortunately ARB has been static for so long now the market sees it as a stock that doesnt move - so we have no momentum to attract new money .. its becomeing a catch 22
Its a fantastic opportunity to buy more absolutely.
Just moaning as I've sold my soul already and nothing else left
I told you so. 235p as predicted. Need to recover sentiment after the PW share sales + dilution. Knocked the stuffing out of us.
If you think it’s undervalued then it’s a good time to accumulate shares!
ARB unfortunately has run out of legs now...I moved profits from ARB into Binance BNB in Feb and have over doubled my investment. All of my ARB investment is now going into BNB as much better potential given everything in play...
Mining around £200,000 in profits a day
Over 800 btc by now in hodle valved over £35 million
Many things in the pipeline
And an SP of £2,35!
Really... ? Thats a maximum of 990,000 shares and you think thats holding the SP price down ?? Weve traded over 1.3m shares already this morning
Timis is under 3% so he is either gone or nearly gone. Judging by the SP I think his last shares are being offloaded. Once done up we go.
Morning, do we positively know that Timis is done selling?