Member Info for jayblu48

Coinbase “recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.”
https://mobile.twitter.com/brian_armstrong/status/1428489591665856512

Bitfarms recently announced “Pursuant to the ATM Program, the Company may, at its discretion and from time-to- time during the term of the ATM Agreement, sell, through the Agent, such number of common shares of the Company (“Common Shares”) as would result in aggregate gross proceeds to the Company of up to US$500 million”

explained by PW here https://www.youtube.com/watch?v=RlS39RSZq2U&ab_channel=ArgoBlockchain

I see Bitfarm have bounced back a bit from their announcement of a massive issue, "the Company may, at its discretion and from time-to- time during the term of the ATM Agreement, sell, through the Agent, such number of common shares of the Company (“Common Shares”) as would result in aggregate gross proceeds to the Company of up to US$500 million." So who knows what the IPO will do for Argo, but have topped up a few anyway for now.

"Currently, the most bullish analyst values Argo Blockchain at UK£2.50 per share, while the most bearish prices it at UK£2.40. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations."
"The analysts are definitely expecting Argo Blockchain's growth to accelerate, with the forecast 3x annualised growth to the end of 2021 ranking favourably alongside historical growth of 132% per annum over the past year. Compare this with other companies in the same industry, which are forecast to grow their revenue 10% annually."
https://simplywall.st/stocks/gb/software/lse-arb/argo-blockchain-shares/news/brokers-are-upgrading-their-views-on-argo-blockchain-plc-lon

you said it, if you are working on last years figures.

NewDawn, you are working on last years figures!

Bitcoin Whales Looking To Buy The Dip As $222 Million Worth Of Stablecoins Flow Into Exchanges
https://www.newsbtc.com/news/bitcoin/bitcoin-whales-buy-dip-222-million/

So good I posted twice, frigging iPad.

Posted on Stockwits, https://investorplace.com/2021/08/arbkf-stock-the-green-bitcoin-news-that-argo-blockchain-fans-should-be-cheering/

Posted on Stockwits, https://investorplace.com/2021/08/arbkf-stock-the-green-bitcoin-news-that-argo-blockchain-fans-should-be-cheering/

that the volume of shares traded today is currently showing just over 3 million, yet our average daily volume is just over 6 million. Tomorrow morning may be telling.

Touch of the Mandy Rice-Davies about you drlong LOL.

when non holders joe public and his dog come on here telling you to sell it is because they want to buy your shares on the cheap!!!

First Investments was Timis and they either own under 3% or none at all. This was confirmed
when Argo last updated their website in July, but they have never been quick to update the page.

agree Chaebol, would be nice to get some volume with the rise as well over the weekend

but the forecast this morning by our resident doctor was “ Ok heres a little prediction for today! It wont go much higher then 45800 before it starts falling agin for the weekend.” Oh dear.

DBS Expands Crypto Business to Meet 'Growing Demand'
https://news.bitcoin.com/southeast-asias-largest-bank-dbs-expands-crypto-business-to-meet-growing-demand/

link here shows Argo listed....https://www.melanion.com/melanion-index

" land deal with The 100 Million loan facility meant no dilution until few weeks later we did then another"
The few weeks later placing was nothing to do with Texas " Net proceeds of the Fundraising will be used to fund the Pluto Investment as described below, pursue strategic opportunities in crypto mining, capital investment, DeFI/Web 3.0 initiatives, and general working capital purposes".