Member Info for Lolades78

Stabilising now and moving up again.

Our Nadaq trading has not begun yet.

It will be here at 4pm:

https://www.cnbc.com/quotes/ARBK

The US are just doing the same thing the UK did at open.

It will stabilise soon.

OTC shares (ARBKF) can be converted to ADS shares (ARBK) by shareholders contacting their broker. The OTC shares will continue to trade along side the Nasdaq shares until Dec 31st.

Or you get an "oversubscribed" RNS before trading goes live for retail and the price goes up.

Of course minus the 5 million shares for directors which will be locked up.

All 7.5 million ADS shares will be available, however, funds and I.I.'s have the first opportunity to buy before it goes live for retail buyers so I expect demand to be high and oversubscribed.

Funds will take the majority of them before retail even get a chance. Mike had an update a while back with funds waiting for the IPO. Plenty of demand waiting! :-)

Argo has been trading with a dual OTC listing in the US all year. The shares come out of the same pot so rises and falls are mirrored. Now we will have the added benefit of a Nasdaq listing with a greatly enlarged investor base and volume in the US.

We'll still receive the monthly update and an RNS regarding the end the IPO.

Looking strong. We now have the finances to finish Texas.

I don't know about you but I'm rather excited! :-)

Market taking it well. We are moving ahead.

Bring on Nasdaq this afternoon! :-)

Got NT for a long time. Managed to pick some more up after trying over and over.

The IPO will be heavily oversubscribed.

Company directors options at £1.57. No discount.

https://www.londonstockexchange.com/news-article/ARB/grant-of-options/15146302

The Texas buildout is now paid for without debt.
BTC is going up as we speak.
We are receiving new machines this month and the next.

If I can get my hands on any more shares this morning I will.

That's a great link, Blubay. I think funds are going to get a lot of the shares before retail even get a pop at it. Also a reason why Argo went to such lengths to become the only climate positive miner before the IPO.

One thing is for sure, IMO. Funds are gonna grab everything at that price. We should burn through the volume very quickly.

It seems that the IPO pricing did come out last night.

https://www.businesswire.com/news/home/20210922006058/en/Argo-Announces-Pricing-of-Initial-Public-Offering/

$112 million raised. That is the 200mw Texas build out done. Now hopefully a few RNS' detailing machine updates next. We'll see what the company say later today.

It will be a nice morning RNS wake up. Finally here :-)

Nasdaq tomorrow :-)

Angus, your posting history is pretty clearly agenda based against Argo.

My favourite post you have written was:

angus51

Posted in: ARB

Posts: 207

Price: 87.50

Strong Sell

SP15 Jul 2021 16:28

looks like it might go even further south........back to 3p, as they say on dragons den.....I'm out!