Member Info for Just_the_facts

@calamari
apologies, you are correct, i was referring to net revenue after overheads at 84% based on 165BTC.
net profit is one for the accountants.............not me :)
ATB

"He who Dares Wins Rodders"
there are 3 main drivers of share price, Fundamentals, Technicals and sentiment.
Fundamentals in ARB are strong, at current BTC price and based on end of March results alone we have a HODL value $48m and forecast annual profit of $105m, this puts us at a PE ratio of 6 and excludes any other known increases in revenue regarding Q2 hash rate increase to 1685PH, Texas for 2022, Pluto 25% asset.
Technicals are retracing from Feb high of £3.40 and at todays low of £1.70 was just above the 0.618 FIB retrace level. the previous ATH of £1.30 at beginning of January retraced to the 0.618 FIB level at £0.60 by the end of January before embarking on the rise to the £3.40 ATH, indicators are showing as oversold.
Sentiment has no doubt took a beating with recent events and a significant volume of shares have moved from seed investors to retail investors over last 12 months, original seed investors accounted for approx 64% of holdings against the currently advised 4%, they will have met there targets and moved on.
as a retail investor you look for bargains, carry out due diligence, create a plan and then make a decision to financially invest, which is what i did 2 years ago, what i didn't expect was to emotionally invest in a company as i have done with ARB, the nature of transparency, monthly report on progress, key aspects of future growth and expansion, Q&A sessions with the CEO the list goes on, i have never before been involved in a stock that has been so honest and forthcoming with its shareholders.
For me, i see the recent events as a changing of the guard with long term ii's leaving with new ones planning to enter and they are playing the game to get hold of as many retail shares as they can. I suspect that there are some ii's that due to operating protocols are not able to invest in OTC stock and are waiting for NAS listing and are using manipulative means to suppress the price prior to entry, this is only my suspicion as i have no hard evidence.
my point is that if you believe in your research and your financial situation will allow you then HODL for GODL.
look beyond the short term ticker price and zoom out a bit. i still hold 100% and have long term targets to deliver amazing returns in this company which has proved itself to be forward thinking and ahead of the market.
At some point the market will catch up.
GLA and ATB

Jeff - we are currently at 1075Ph which will increase to 1685Ph by end of Q2.

I correlate very similar figures / projections to you Albert, based on end of March figures i feel that PE ratio is sitting at about 9 (accounting for HODL/BTC price/hash rate) which is similar to December before the big rise.
a PE ratio this low is very undervalued and the high of £3.40 had a PE of about 25 at that time, i daresay at some point in near future this will catapult on new investors and positive sentiment.
i am basing my forecasts on a PE of 15, which after the expected Q2 hash rate increase to 1685PH, expected HODL and monthly mining figures and BTC at $100K would give a share price of £11, based on PE of 9 for same period then share price of £6.60.
not advise, just my own thoughts.
GLA and ATB

i ran some calculations earlier this year that i could use as a gauge for the share price so i could get a better handle on the realistic price compared to a FOMO sentiment price.
accounting for BTC price, HODL quantity etc etc etc, i worked back to a retrospective PE ratio that i could assess at any particular time frame.
i found that in November this ratio was 3, in December 6, in January 11 and in February 15. at the ATH in mid Feb this ratio was at 27 so a correction was inevitable.
For March i have found it to be around 11, similar to January.
i use the same format for forecasting based on future potential BTC price, what our HODL quantity will be, what our hash rate will be.
this is why i don't sell any and keep my golden tickets.
GLA and enjoy the sunshine.

Alpha O
Pluto expected IPO is during April from chat with a broker yesterday.
consensus that it is well over subscribed.
pre IPO was raised at 6p.

600T
thanks and appreciation for your comment.
let's see if we can break this trend line today, if BTC can get through 60K today then i think there is a strong chance.
next target for me would be £2.73
enjoy the sunshine ATB

since the euphoric days of long time ago (18th Feb), ARB has been on a retrace, it has strong support at £2 and today will be the 4th time it has attacked the top of the trend line currently at £2.45, if it can break above £2.45 and hold today then i consider that some upward momentum will follow especially as BTC is on rise again.
There is recent discussion regarding manipulation, and if we are subject to this then why? because bigger investors want their entry point and will try and take it from you if you fall for their games.
Stay strong, have faith in your research and reason for buying ARB and sit on your hands, all the fundamentals are positive!!
if you need reassurance then just zoom out a bit, you don't have to go too far to see a clearer picture, at current price of £2.42 there have only been 18 days where the price has closed higher.
Patience is bitter, but its fruit is sweet (Aristotle)
GLA Argonauts and ATB

You could definitely apply majority of the 10 listed items to recent ARB price activity and the BB’s , so as another LTH it’s just another confirmation for me that HODL your shares is the right thing to do.
Try as they might, the manipulators are not getting any of mine
GLA DYOR and have a good evening

since November of last year sentiment in miners generally has increased but has seen a drop off in March back to January figures and trading volumes in ARB have been lower. once sentiment returns we will see an increase in expected PE ratio, with projected good results for March and all the other goods news related items for the months ahead i have no concerns with the direction this share price will be heading.
GLA DYOR.

if ARB can break £2.47 and hold above today then happy it will have broken above its correction trend and may start to motor tomorrow, especially if BTC stays intact.
exciting times.
GLA

DS Flat - I agree that coming increases will be hard for some to accept, as exiting as it is now I am not expecting the big fireworks in BTC until Q4 of this year and would expect closer to 300k based on charts
GLA DYOR

Even more confirmation as to the importance of Fridays RNS, premium green coin!!
Good find RC

Hi Obi, from the last friday in both Jan and Feb, the following monday saw the start of run to ATH in both cases.
today BTC has hit the bottom of its rising trend line for the last 3 months and if it can close price today around 52k will set up a nice reversal candle on the chart and it has also just dipped its toe through the 50 day WMA so it should be starting its next bull run over next few days if it stays true to form.
also ARB has just closed exactly on the 50% FIB retrace from its Jan to Feb rise.
technical signals for me are very bullish for both BTC and ARB and BTC does tend to follow cycles.
lets hope this plays out as the technicals suggest.
GLA DYOR

The 6th would be a perfect day for a positive monthly update............. just think of all the shiny new ISA’s waiting to be filled :)
GLA

if you look back at Argo SP performance since it listed in August 2018, it has out performed all market aspects, listed at 16p for 294m shares with Mcap of £47m, today (accounting for increased shares added tomorrow) we will be at circa £2.30 with total shares of 382m and an Mcap of £880m. over the period we have had a 30% total share dilution for which the placings have been 100% reinvested for growth/expansion/diversification and not for any debt consolidation.
even allowing for dilution, this company has grown over 1800% in less than 3 years.
for the same time period BTC in August 2018 was $7,000 and now $55,000, thats circa 800% increase.
Argo has out performed BTC by more than 100%.
whats not to like about this company and its future potential.
i am in since day 1 and still holding for future growth.
GLA and zoom out a bit if you feel this week has been frustrating.

brilliant thread this RC.
i was fortunate enough to get in ARB at the IPO for 16p and still managing to sit on my hands through all the early bad months and more recently the tempting good months and still hold 100%, i still see this as a HODL for longer term benefit for my family.
as some others have mentioned, i also got stung with the Carillion demise and also a copper miner Cradle Arc which combined took me for 22K.
massive shout out and thanks to all the brilliant and well informed posters on this BB, you really have kept me on the Argonaught straight and narrow with your wisdom.
much appreciated.

good news is (if my calculator working ok) there is only 1.75m of warrants and options remaining, so worst case is about 0.5% dilution..............less than 2p on current share price :)
GLA DYOR

If the mining pool has 100 leveraged circa 3,000 BTC for a $16b short do we think they have closed it out yet, and what might they do with the circa $3b profit they potentially have made?
Food for thought

Teofore
I think your first sentence perfectly sums up your post.