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Oh I didn't see the tweet, weird that it gives (slightly) more information than the RNS itself.

What other digital assets did they have that would warrant a $1m valuation? Maybe just sold a part of Pluto (or got a bad deal, Argo love getting a bad deal lol).

Mentioned on the call sale of non core assets and this is from today's RNS.

"During the month of May, the Company sold certain digital assets and plans to use the proceeds to pay down debt."

I'm guessing they've sold their stake in Pluto Digital (now Emergent Entertainment).

...I guess not.

Anyone join? Anything interesting discussed?

Not in an ISA, but there's not much point buying in an II ISA as you can't keep it there.

II definitely allowing online buys still, I've just done one.

Big blue spouting garbage again. No jumping through any hoops with HL.

"Option 3- Take no action and retain the shares with HL

If you do nothing, you'll continue to hold the shares in your HL portfolio after the LSE delisting. HL will hold the shares for you on the Kazakhstan Register. You'll be unable to trade the shares unless the company relists on an exchange we can trade on. A future transfer to a broker that can trade on AIX may not be possible. You'll continue to receive any dividends that are paid in the future and be able to vote on the shares."

Proposed suspension 17th July isn't it, with t+2 settlement. That's crazy.

🔥

That's a surprise.

09-May-23 16:37:45 281.635 375,000 Buy* 1m O

Sales seem to be being soaked up though. Bid price not dropped, being offered quotes for reasonable sized sales.

Expect some decent sized buys through the afternoon, possibly after hours.

Anyone attending in person?

That's a kick in the teeth for shareholders and absolutely delusional. Surprised this hasn't tanked.

Good call Chaebol, what are your thoughts from here?

Carl hasn't posted this for a while, so thought I'd share.

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=POLY.L

Also cine, if anyone follows.

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=CINE.L

It's hard to see anywhere near £1 for me.

Argo will need more money just to keep up with the other miners and their options are somewhat limited, this most likely means dilution.

Other miners will outperform Argo over the next 6, 12, 18, 24 months. If you're in Argo to take advantage of a Bitcoin run then consider diversifying your holdings, don't have all your eggs in Argo, even if that means selling some at a loss.

But as has been said before, fundamentals don't seem to matter with miners, just investor sentiment and FOMO, so it could defy all logic and get back to £1. But I'd say nowhere near a 50% chance of that, with all that is known today.

If you have them filtered why do you care and how is this post 'on subject'?

A good article on the subject.

https://www.bbc.co.uk/news/science-environment-58874518

It's never been about saving anyone, only lining the pockets of Biden, Zelensky and their cronies.

Here's the warmongering disruptive liar now.
Isn't that the basis of the Chinese proposal Blue? Or is it only a good idea if it comes from Biden and the west?