Member Info for Lolades78

The Jefferies valuation note has this at a P/E of 10x on current earnings not 60x.

Myles McNulty also has a pretty good valuation set put in a tweet.

https://twitter.com/MylesMcNulty/status/1450000955538280448?t=HQHOx6hTOpCRBkE61eFalA&s=19

$65k!!

The section are referring to is correct, Longinvestor but it refers to the 5.6 million 'outstanding' shares they bought in the IPO.

As the registration states:

"5,631,197 outstanding ordinary shares will be subject to 90-day lock-up agreements entered into by our directors and officers."

"5,631,197 outstanding ordinary shares will be subject to 90-day lock-up agreements entered into by our directors and officers."

It's new shares, Longinvestor. Then the updated prospectus refers to the shares they have procured.

No, it specifically mentions that it is new shares in the IPO not old ones.

"entered into by our directors and officers"

Seems like the directors were involved.

The next financial update will provide an exact number.

They bought 5.6 million at the IPO and were given options to buy a further 5.5 million at £1.57.

The directors bought 5.6 million at the IPO.

Do. Some. Research.

This hit over 125p today, Melissa, so why are you still here?

Nice bit of libel there, speel. And also complete tosh.

And now it's moved up again. My point is premarket fluctuates.

And it's right back up again now, Fireblade. I wouldn't think too much about premarket.

MaryBr190,

You also called for BTC at $29k and Argo sub £1 in the same message and said both were a completely sure thing.

Neither occurred.

I agree as with all shares that patence is needed but your original message was the same catagory as the rampers you chastise.

Says he has a fulfilling life yet spends every waking moment spreading misinformation on one single share that he is not invested in.

Think we have different ideas of fulfilling lives.

Sounds like selling the bottom at 40k loss has affected him.
Probably should have held and had it return.

Anyway lovely day out and crypto looking wonderful

I think our little 'C' troll panic sold the bottom as it is when he changed his tune and started pumping out deceitful messages.

It's not really to difficult to see what his agenda is. Especially when he says himself that he sold out.

Strange behavior.

do*

Probably nothing to so with BTC dropping 50% as well ey, Chaebol...

Said at 08:02.. Dear lord, goldy. It's up now ;-)

Argo quiet period for broker analysis ends on Monday (18/10) so we should get a nice uplift for that with BTC.

Have a good day all!

Argo have 3 defi investments: Pluto, Luxor, and Wonderfi Technologies. So far all three are doing very well.

These could be used to pay for machine orders. Pluto in particular as it's growth of investments are exceeding what I had planned at this stage.

The 20000 machines already ordered will be paid for in batches as they are delivered from Q2 2022. By then, if the investment growth continues, will be a large source of value for Argo to use as payment. Also by that point Argo's BTC HODL would be quite a bit higher than it is currently giving them 2 options. Either sell some to buy machines as another miner has just done or take a loan against it with Galaxy which again would offer enough cash to pay for additional machines. Also then comes transaction fees which Argo will be raking in during a bull run. Futhermore they have the option to lease machines which they have done very successfully or lastly host a large amount of machines which would also bring a very good return to the company. All this can be done without issuing more shares. Plenty of options for smart growth without dilution.