Nasdaq listing and rigs delivery this month. Looking forward to it! I see that BTC shorts are dropping as well so we could be seeing a pump back over $46k soon.
RE: How to vote using barclays smart investor?31 Aug 2021 09:11
MacF1, you have to contact HL yourself through a secure message from your account. That's how HL do it. Just tell them the vote you place for each proposal.
Less than a week until the GM and investor presentation. Closing in on the Nasdaq listing which should go ahead after the GM. Remember to send any questions you may have prior to the presentation. It's also the last day to vote today.
Personally I think the Nasdaq IPO will not include a big discount and possibly surprise a few here. Argo are valued at £2.40-50 with BTC at $50k. That does not include Pluto, so the lock up investors will also have the added value of investing in Argo's stake in Pluto as well as Argo's other investments and Texas.
To put it simply Argo are already trading at a discount and have the added benefit of being the only climate positive miner. That opens doors to investors and funds that are tied to climate regulations which the other miners do not comply with.
It makes sense to me why BLOK have been purchasing heavily at higher prices than the current one. I think it's possible they expect (or know) the IPO price will be higher than the current SP.
Otherwise they might as well have waited until after the IPO.
The path towards Nasdaq is set and the ADS route will allow for a quick listing.
Now the real importance and brilliance of the last RNS that Argo are climate positive comes strongly into play.
Being the only listed 'climate positive' crypto mining company, Argo are now at the head of the list of the funds and companies wanting Bitcoin exposure without having to deal with climate concerns or regulations.
Argo is the "greenest and cleanest" bitcoin investment opportunity by far and that will reap great rewards - especially with the upcoming Nasdaq IPO which will open the doors to a much larger investment base including funds and institutions.
(Not to mention the tax benefits Argo will be receiving in addition)
Argo are also pursuing other investment opportunities in companies to extend their dependence beyond bitcoin and in so will be able to find ways to grow irrespective of the BTC price.
PW is building something big here and I'm very happy to be a part of that.
It's clear that Argo are working hard behind the scenes. Great news today which will further put Argo as the number one green miner. This will open the door to a lot of investments. Well done, PW!
Hey GGGGG, maybe you should check your math. The P/E ratio is not at 292.2x.
This should help you.
"Under valued compared to peers: It is also implied that Argo is relatively undervalued compared to its peers. While its mining peers are trading at 10-59x P/E, Argo finds itself at a 23x P/E – similarly it finds itself with a 13* EV/EBIT compared to a 4-20* EV/EBIT for its peers. This also highlights our thinking that Argo Blockchain still looks seriously undervalued"
At $46.4k already. Drlong's "not much higher than $45.8k" prediction isn't going too well. Looking like 0-21 for the dear doctor. Should be a nice push up this afternoon.
So now the crash is by Xmas? Moving the goal posts every time, Dr. It's fine to have an opinion but you did promise not to post until your last one came true which it didn't. Or any of your other "predictions". If you're gonna make such binary predictions then you gotta be willing to take some flack when they continue to be wrong.
Drlong has been talking about an "imminent crash" for quite a while now. Drlong wasn't gonna post again "until BTC hits $27k next week". That prediction is a few months old now I believe. Yet the good old "Dr" is still posting. ?Good luck waiting, Doc. Given your wrong prediction history (which I believe is 0-20) you'll need it.