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I think you are underestimating how much young people like to go out and enjoy themselves, especially students. Also look how much people spend to watch a football match. This won't stop, the bigger effect on profits will be energy costs, but they will come down along with oil prices. AIMHO.
A liquidity squeeze will force some miners to sell off some of their assets which could be good for others in better positions.
“In the midst of every crisis lies great opportunity, as the best-capitalized miners can buy the struggling miners’ assets cheaply.”
Mellerud concluded that Argo Blockchain was in the best position to survive while Marathon may be forced to liquidate their BTC or sell those upcoming machine orders.
https://finance.yahoo.com/news/bitcoin-miners-fight-survival-crypto-022403516.html
***** = Share Prophets
unfortunately the detestable ************* have a a bearish article out on AVO, but good luck.
FUD = Fear, Uncertainty, Doubt by quoting things out of context, which is what you are doing when you mention the word "insolvency" which was NOT in their recent update.
They actually wrote "The Board and the management continuously evaluate stability, liquidity and SOLVENCY of the business in light of multiple external uncertainties" which is what any well run company would be expected to do under these circumstances.
the year low was 92p so nowhere near that, at least give your FUD some sort of semblance
Saga is correct, if you have a question email them using their website, they will answer quite quickly, obviously they will not disclose sensitive info.
China and India are biggest consumers of gold and not in G7, same with many Asian countries.
"I also love reading your posts; they are clever, sometimes amusing and informative...what else could one want?"
Hmmm, shorter?
"DMG Blockchain Solution announced the official launch of Terra Pool on the 22nd of June, in partnership with Argo. In the press release, DMG revealed that Terra Pool had concluded its testing phase after its PRIVATE rollout in December. "
that Polymetal are consulting with their lawyers to challenge the stopping of trading by brokers in US markets.
can buy at 180p so there must be sells and buys
They have already stated that they have not had a problem with finding an auditor, they are now deciding which one is best for POLY.
"I do not believe for one second the posts claimed to be from the company are real", well you are wrong, but I think you already know that and are just trying to spread FUD.
posting on ARB board, SGI will hit new lows soon, too much debt now so any money will go to Phoenix, nothing for shareholders, karma for Pearls.