The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Will be interesting to see how many shares were issued for the current 2+eh expansion in total. It will be less than you think. They are making good margin on a lot of BTC each month. It's impressive.
Yes the preference shares are something I don't like and the bonuses are too generous. I would prefer they stopped expanding for a bit and did a share buyback on a monthly basis instead while cheap. But really depends on the timing of the bull run as to what is the best option.
Lol chaebol we discussed that ages ago. I've already told you the things I don't like about clsk. I don't imagine any miners had a good q4, but mara q4 was beyond poor. I suspect they are bundling in all the bad news so that q1 looks amazing
Hexam what would you genuinely tell someone else to do in your position? Whatever it is you should do that. Argo turned out to be a lie sadly, and the only action we've seen from the new CEO is getting bonuses in order. Although the video looked promising. Hard to judge.
I do admit that CLSK's share price performance is underwhelming to say the least.
They'll do over 600 BTC this month at a solid margin. At some point they'll re-rate but I don't know when that will be.
RIOT doing well today.
Peter Wall is clearly not a business genius - my point was that Mara managed to make an even bigger loss than PW could manage. They are lucky because they are the chosen one and can fail upwards. Mara have made an absolute meal of a bitcoin mining business, but as sector leader they get the volume that allows them a lot of mistakes and other miners do not have that luxury. I do think 2023 will be a good year for them though and I do think they will book profits going forward. I don't think you're right on your 30k top - it may well pause there but I think we go higher.
Chaebol you're annoyed because you know I am right.
BTW we should change the thread title to "Mara mined 13.6 BTC yesterday" lol.
I suspect they are getting all the bad news out the way so they can start Q1 looking better. Those results make Peter Wall look like a business genius.
Like I said, I'll trade them and move the profits into CLSK, that sits well with me.
If Mara runs, all miners including Argo will run.
People keep saying they are tired of competitor miner posts but I can't remember the last Argo thread created by anyone other than myself - I've created some but they go nowhere. Until the company starts communicating again it will remain this way.
Chaebol you've said nothing of Mara's woeful results. Although you might be lucky and Bitcoin saves the day.
https://www.globenewswire.com/news-release/2023/03/16/2629241/0/en/Marathon-Digital-Holdings-Reports-Fourth-Quarter-and-Fiscal-Year-2022-Results.html
It's out now I'm in my phone so it's hard to read
https://www.sec.gov/Archives/edgar/data/1507605/000149315223007879/form10-k.htm