Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
“May I ask then, if someone buys a million shares...from whom are they buying?”
There’s a “float”.
There does not HAVE to be a match for every trade. SETS is a reasonably capable system.
ARBK is showing the same “Earnings release today” info so it’s looking highly likely that today is the day.
Let’s hope this is the start for a major uptrend for Argo.
Expect release an hour before US open (13:30GMT) or just after US close (21:00GMT) today.
Good job 46G. I really want to know how many shares you own now, and if it's actually a reasonable percentage of the company! But it'd be rude to ask that question, so I won't ;-)
It certainly feels like good news is on the horizon. The sentiment is returning. JM has alluded to good news landing any day now.
I wonder where the SP can go this time. I wonder if Myles McNultey is back onboard?
For the record, I made two buys today - both showing as sells.
08.41am - 312,920 @ 2.26p
0852am - 137,962 @ 2.22p
Now back to a nice round number of million shares :-)
Let's go!!
Exactly what Jayblu48 said.
Chuz, I think you're imagining that they're swapping the same number of machines "new for old", but I don't think they are.
As Argobull has been saying, they're swopping hash for hash, which likely means that we are getting less new machines than Core Scientific are keeping. The hash swop is the same and due to the massive savings in unplugging, shipping, plugging in again, and huge loss in BTC mined during that downtime, they're happy to do it on a swap basis.....ie. no cash either way.
Win - Win.
And as usual the two "Boatman Boys" are on standby to try to damage sentiment and belittle all the good news that is coming out of Argo at the moment. It's so tiring to read.
This RNS is great news.
Swopping S19 machines for brand new S19Js without any downtime at all = AMAZING!!
Well done PW and the team at Argo.
I’d say that 2.5m shares is the sort of position that Miles would take if he was actually going into QFI again.
It’s what he does. Load up, tweet about it, let all his followers pile in, sell.
But, I do imagine that he only does it when he knows there’s a decent RNS on the horizon. With all his market connections, I suspect it’s probably not out of the question to think that he probably/possibly does know something is coming.
We certainly need it!
Indigo, why are you so bloody argumentative?
Maybe try and smile occasionally. Life is short.
Sounds like another great appointment.
Although we do seem to be being taken over by ex-Shell people.
No bad thing, assuming they want to buy us out for £1 a share :-)