Member Info for krautyankee

re. the options - normally, it would have to be an employee who was with the company (probably early 2020, and maybe even before that. Either this person left recently and now is forced to excercise the options (normally, they have a 90 day window, or so.) Or, for some other personal reason, this person needs the money ASAP. I would suspect it is the first scenario, as who would excercise options now, voluntarily, based on what COULD happen with the SP in the months to come...? There is also the possibility that this person excercises the options (becomes an actual owner of shares, which means the shares have to be paid for with cash now) and then holds them for a year (depending on his local tax rules with regards to capital gains) instead of selling them on the market now, and sells them in a year or later to minimize tax.

what was the daily volume in relation to their "main asset" price during this period (HIVE - Ether & Argo - BTC)? good analysis thoough & the efforts are appreciated.

yes Wolf, it is quite the hamster wheel - a never-ending pay the bills, yet HODL; increase hash rate, yet HODL; funding / dilution....rinse and repeat....survival of the: 1) most-aggressive expansionist. 2) most efficient? 3) greenest? 4) most-diversified? 5) tech-saviest? no idea where all of this this ends. at the moment, we seem to be one of the poorest (HODL) & slowest (hash rate "ramp-up").

chaebol - wrt "why did peter sell the 61 btc" - I think it had something to do with the BTC collateralized loan: it gave them a % of cash to cover the loan, in case BTC dropped and the bank called them on it. I could be wrong though, but like you say, after all of the HODL speeches from PW, this is all I can come up with.

chaebol; although your post at first seemed a bit cynical, it actually is pretty much right on the money. rookie mistakes by the execs, and why not go full-monty and dilute again now, so they can at least complete the first phase / 200mw build-out and buy the rigs to kit it out....? I cannot imagine that was not a "faux pas" but some ballsy marketing gimmick to inflate the SP before another pending funding. I seriously doubt there will be any sanctions and also do not think any of the 3 execs will get booted.

don't forget that there is a huge difference (legally / disclosure) between what is officially communicated to the market in an RNS and some "take aways" from a conversation with the CFO, posted on twitter. the twitter thing is a great read and certainly restores some hope. however, all current SH should be looking to put some money on the other miners; spread their bets out, IMO.

ii will be buying up all shares for sale below 42p and then vote against the resolution, forcing a renegotiation of the "buyout" price.

ii employ some very smart people who are only there to make money. being able to "employ" bots that use algo., and take advantage of "high frequency" trading and other high-tech gadgetry puts us peons at a significant disadvantage.

Amanesia - who ever said it is illegal?

Amanesia

“ The dreaded "they" again, eh? Lol.”

"You pretend that there is no share price manipulation, when it is held down all day, then there are late reported trades of up to £2m.
Not so much lol, as doh!" -- pretty ironic that this is exactly the type of sh_it that BTC and Defi are trying to eliminate.....

what a **** story this turned out to be. And coincidentally, right when the company really started get moving. I got in right after the last q results rns, at about 53 p. Has the company ever mentioned the "discussions with the FCA wrt the 25% rule" in the past? If I would have known that this was being discussed, I would not have bought shares until it was resolved.

i agree that their efficiency is certainly the industry bell-weather. however, they have been behind the curve wrt hashrate ramp-up for at least a year. the 100+ mil funds from the ndq ipo were not available (at least it would have meant the funding would have been more expensive) via the lse, so they began the ndq process to get access. This process, particularly the delay he mentioned in yesterdays call, meant that Argo and the SP, was / is left still struggling against this dilution when BTC started going ballistic again a few weeks ago. ARB missed the boat. On top of this, most of us shareholders still had / have the SP ATH in our minds. 340 p was and still is delusional, FOMO created a short-term bubble in late Feb., and then BTC crashed. Once bitten, twice shy, especially in light of the BTC volatility we have all witnessed, along with a most-definite sub-par IPO execution (pricing, as well as confusion: ARBK + ARBKF + ARB) and also the real possibility of a pending near-term "risk-off" market correction, will continue to create significant headwinds for the SP in the next months. I hope I am wrong.

Amanesia - your "story" sounds pretty cynical. There are many ways to skin a cat. There are multiple "cross-pond" relationships , as well as "players" with offices in both the UK and US. Taking advantage of the "quiet period" before & after an IPO is a standard scenario for these folks. I would expect a normal trading pattern to emerge fairly soon. This does not imply the SP will skyrocket.

good post rookie; argo getting shafted by their supplier / not being able to realize the 700+ PH increase in May / june was a huge hit. One can do the Math (5 or 6 months of 700 PH, that was never "mined") the "lost" revenue must be in the several millions, I would think.

Argo have definitely been struggling with sourcing mining rigs (wrt timely delivery / installation) as of late. I suspect the team are not building enough "buffer" into their timeline, which is critical since everyone knows what the global supply chain is experiencing. This creates expectations, and then when deliveries are delayed, we all start pointing our fingers. I prefer a conservative timeline, but love to be pleasantly surprised.

MM & ii, on both sides of the pond, are still feeding here. The SP will not re-rate, until their "plan" is complete. Smart money, as always, still rules the day. I assume that they are suppressing the price, to let shorts close (an ii was probably the reason the SP went up to 170, just before the IPO. They then went short and are / have been possibly closing the past few weeks.

chuz: revenue is great; but what does your bottom line look like?

thnaks Lotto. it would certainly appear that the 100k investment has appreciated considerably. Their hashrate technology seems to be way out front of any (??) competing products. it might indeed be huge for ARB in the years to come.

duke - there is nothing about an equity stake. and I am not negative on the investment, just think many are way too "excited". pluto is a much different animal.

not sure why folks are getting excited about luxor. we gave them 100k to hire "2 key people". There is no indication that ARB has any equity stake, assuming luxor goes public. besides, 100k is a very small amount. most certainly not significant, by any means. kinda like the ZEC price - absolutely insignificant, in the big picture.