Member Info for hunniford

Duke thanks for the explanation, I appreciate it. Good luck on 5p. That price would keep the wolf away from my door for a while. However I think this could have more to run if the results come back fairly decent. I also think 5p could be hit fairly soon if the news is decent. We live in hope!

Forgive my ignorance here. How do the warrants work. From what I can see they seem to be new shares held back and then introduced to the market at a discounted price but thus increasing cash flow for the company and of course creating a little dilution.

My main question is who actually buys the warrants, so they go to company insiders or certain parties? Also when do they get picked up. When I look at the RNS I see a date set for the future but see on here folks speculating last week that they had been bought or absorbed into the dips going on.

Grateful for any insight to understand this and apologies if it’s very simple. I’ve been Googling it but not getting anything concrete other than theoretical definitions.

Well done to all who have held, we just got to dig in now and wait for the news. Obviously as it is prospecting there is a risk but the omens look good on this one. Company is throwing warrants out there left right and centre which is a good sign.

It is like anything else. This is a bulleting board. The conversations will just become an echo chamber when the company has no further news to impart. We know news is coming from work that has been completed. That could come quickly or take a little bit of time to come. If it takes a bit of time inevitably some folks will get bored and sell off, such is life. If the news is decent this will move very quickly, probably similar to the last few days trading. That is just how it goes with these kind of companies.

This is what I could see for 1m chunk trades today ...

tradeTime currency price volume tradeValue
2021-01-20T11:49:28.297 GBX 1.32 1,000,000.00 13200
2021-01-20T12:34:24.823 GBX 1.222 1,000,000.00 12220
2021-01-20T12:33:04.877 GBX 1.22 1,000,000.00 12200
2021-01-20T12:27:40.520 GBX 1.239 1,000,000.00 12390
2021-01-20T11:11:32.293 GBX 1.304 1,000,000.00 13040
2021-01-20T10:54:38.033 GBX 1.308 1,000,000.00 13080
2021-01-20T10:54:30.237 GBX 1.304 1,000,000.00 13040
2021-01-20T10:30:24.097 GBX 1.322 1,000,000.00 13220
2021-01-20T10:30:22.817 GBX 1.322 1,000,000.00 13220
2021-01-20T10:29:28.750 GBX 1.321 1,000,000.00 13210
2021-01-20T11:24:03.160 GBX 1.275 1,000,000.00 12750
2021-01-20T10:08:08.763 GBX 1.275 1,000,000.00 12750
2021-01-20T09:48:33.300 GBX 1.19 1,000,000.00 11900
2021-01-20T09:29:33.067 GBX 1.139 1,000,000.00 11390
2021-01-20T08:24:57.887 GBX 1.139 1,000,000.00 11390
2021-01-20T08:24:06.713 GBX 1.097 1,000,000.00 10970
2021-01-20T08:00:04.967 GBX 1.211 1,000,000.00 12110

It is not particularly nice to watch something freefall and then try to compute that and make split second decisions, whilst MMs make it even harder with ridiculous spreads on the SP which is to steer you in the direction they want to take it.

There are key indicators that this could be could be a great company to be invested in. The CEO has a decent track record.

Quote: There is lots of interest now in ORR, but unlike yesterday the massive dumpers/sellers are gone (it seems).

They will be back but hopefully we will have a decent base of people who know what's going on and soon some news from the business to help join the dots. The tweets from the company look positive. Next an RNS to counter that speed bump from yesterday.

I think after yesterdays hype and buyers diving in without researching & then panic selling. The dust has settled and people are starting to ACTUALLY DO RESEARCH and see the potential this has. We are still waiting for official news from the company but lights are pinging on all around us at the moment. DYOR

Finally managed to get some more this morning after several attempts. Awaiting news further news to support a decent SP move.

Crafty mms, could not get a buy quote all the way down that drop this morning. Gone into auction again.

Gives me a quote to sell but not to buy. That tells me something!

Cannot get a quote to buy ATM.

Hunniford, still 30m to go...

Oops I got my times wrong, shows the day I've had :o)

Man what a roller-coaster of a day that was. Totally knocked my dry January on the head, had to have a G&T by noon. Good to see that small rise up towards the end of the day again.

Just topped up again, thought I had missed the boat earlier. That turned out to be a gift.

New investor averaging just under 1p. Momentum and news coming so far look like this could be a great opportunity.

This is looking good so far today.

Hey 28jaczar

Here is the bewildering response from IG It seems it is their share provider. Sends a note of caution. Weird huh?

Thanks for your call this afternoon. After a discussion with my team, the ensure we are not able to purchase new shares of Argo Blockchain from our share provider. They are not supporting crypto related shares. We are looking into alternatives. Unfortunately we cannot open any new positions in Argo Blockchain. We will be working to update the message on the platform to be more clear on the status of a product.

If you have any further queries, please do not hesitate to contact us.

Regards,
Kevin
Trading Services Manager

IG

Am going to call you "Chris- mus" from now on!

Don't bring a bun to a gun fight. But anyhow seems odd. They have either saved em a few quid or cost me lots. We'll see on Monday the quote i had at the time was for £1.05 so at the moment I'm not happy. Let's see what Monday brings.