The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
RC, thanks and I know what you mean about that feeling of knowing each other. There is a well established group of us who have become virtual friends in the most literal sense. I'm sure that Lockdown has helped create that community feel, but multi, multi, multi bagging Argo probably helped too.
More importantly, everything else is now OK, so thanks again for your comments.
Good luck Argonauts, and BTW, I'm claiming that moniker - unless someone can prove they coined it before I did on October 8th last year.
Bucket, I'm only in a slightly different world because of Argo. I lived in a council house until a few years ago, but hard graft and a bit of luck worked out well. As for Argo, absolutely life changing numbers, but a few things have happened this week outside of my financial life to put this all in perspective.
On balance, I'm a very happy man.
My average is about 35p, but I'm down about £1.6million this week. My sphincter has been working overtime, but the fundamentals haven't changed, mining difficulty is down and BTC looks very steady.
HODL and switch off for a few weeks.
Good luck Argonauts
Dogdog,
I've said it before and I'll say it again. You're a nutcase, but I really enjoy your posts. When ARB is over a fiver and I've moved into my massive new house, courtesy of Argo, you'll be on the guest list for the house warming party. Plenty more on here know they will be invited, but lots more won't! I don't want them wetting themselves on my new carpets.
Over Thinker.
If we mined the same number of coins each month and then sold them all, there might be a correlation as simplistic as you suggest. That is not happening though. Don't forget, this is Argo Blockchain, not Argo Bitcoin. The long term value in Argo will be driven by many factors other than BTC price.
Pop,
As you know, it worked for me last year.
For those who don't know, every time Pop moaned that the SP was too low, I agreed and bought more. Happy days.
Looks like we might see a bit more stability for a while and then we should start to edge north again.
Good luck Argonauts
Amanensia,
Very good points. I've often wondered why rampers or derampers think they will make a blind bit of difference.
I only read these boards to pick up some actual facts, of which you have provided plenty, or to try to fend off some of the cretins, be they negative or positive.
Barnetpeter,
In order to raise £26.8 million we would have had to sell every single BTC in the HODL at that time (599) and we would still have been £7 million short.
Those 599 are now worth about £27 million and continue to grow.
Give up the dilution myth
Willig
The quoted spread has been about 220/235 for the first hour. The actual spread you can trade on has been nearer 223/225 so almost every trade will be below the mid price and therefore will show up on here as sales.
This has been explained so many times on so many boards
There's probably a balance now while a few LTHs take some profits, and some others pick them up.
The SP is only going to rise when people start buying decent amounts. Just because BTC goes up, why should the MMs raise the price? As soon as buyers come in, we should expect to see a bit more action. Another good RNS should help wake things up.
It is a bit frustrating seeing this temporarily disconnect with BTC, but all the recent news underpins the quality of the business, so I'm very confident and happy to hold.