The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
But unfortunately the trade of 1m beat me to it - the ask is now 0.74p
What kind of investments we are holding here that keeps holding the sp down. I’m hoping it’s just a matter of time before we see a change in direction. I doubt I would have made the same investment choices as the bod though I do believe Argo will out perform so I’m unsure why Vela invested more money into Vibe, unless Anthony knows something we don’t.. atb
Hi CC , ive been watching this sp fall but I didn’t expect to see us at this level. Topped up again today b4 close as we appear to be at a support level, also It’s Friday which can be a good time to take stock..
With 513m shares in circulation and a net asset value of approx £5.5m once land payment received this would equal 1.1p per share, or am I missing something...
Atb
RNS out on Argo confirming listing today at 8am
Argo, a UK-based provider of cryptomining services, is pleased to announce that its ordinary shares of £0.001 each (Ordinary Shares) have been admitted to the standard segment of the Official List and to trading on the Main Market of the London Stock Exchange, following a successful placing of Ordinary Shares to raise £25m before expenses for the Company.
First dealings in the Ordinary Shares are due to commence at 8am today under the ticker symbol ARB, making Argo the first cryptomining services provider to join the London stock market.
A total of 156,250,000 ordinary shares (representing 53.2% of the Company's issued share capital on Admission) were placed at 16 pence per share, valuing Argo at a market capitalisation of £47 million. The Placing was significantly over-subscribed.
On admission, the Company will have 293,750,000 ordinary shares in issue.
Mirabaud Securities Ltd acted as the sole bookrunner and stock broker to the Company.
The purpose of the flotation is to raise the public profile and provide new funds for the Company's expansion and long-term growth.
Commenting on Argo's flotation, Jonathan Bixby, Executive Chairman, said:
"Argo's admission to the London main market is a major step in the Company's development and will put us in a strong position to execute our long-term growth strategy. We are delighted with the strong response from investors which will enable us to grow our business in multiple jurisdictions.
I gave an indication on Friday that a rise was imminent tthis week and I had taken up another position, that was a good time for punters to buy in... hopefully this has strong legs ..
Atb
May be investors are hoping to buy in at sub .8p but once the MMs release the brakes this will scream past 0.9p and beyond. Only one more hour of trading, it could be game on next week, I’ve taken up my position while the sp is low.
Atb
And a small punt from me 125K at 0.77p
Hi Guys.. In my view one person has bought those 5m 2m 3m shares and he has a wealthy wallet, no guessing who that person can be lol.. On the strength of that I made a small top up as I believe this guy could be on to something :-) Gla..MD
Can any one tell me plz why my top up at 8.56am is shown in black and not as a buy.. Thks
Great to see the bod taking the time to explain the current position. I have a very small holding here and looking for a good entry point approx 2p with a 10% spread. Is that achievable..
Nice one Dan, I bought in at 106p this morning though I was tempted to hold off after looking at the chart indicators. My first trade in clp and I couldn�t take the risk of not being in as I�m being advised that this stock has great potential and a RNS is imminent. Gla
The jewel in Blue Star crown has to be its 31% stake in the privately held SatoshiPay Ltd, a nanopayment software and blockchain company which is adapting Lumens, Stellar Lumens (XLM) native cryptocurrency, as the underlying cryptocurrency for their settlement scheme. When are we expecting this baby to wake up and join in on the action...
A few weeks back a poster made a claim that Blockchain2 had been delayed due to a release timing issue onto the Toronto Stock Market (tsx). I�m sure the listing of BK2 will affect our share price. Timing could be of the essence and I question if BK2 are stalling for that perfect moment to launch. Several factors could be accountable for this to happen as the TSX opens at 9.30am (14.30 UK time ) and they could hit the market any time during trading hours, after the AIM market has closed. Reading between the lines of Presto,s last post, tomorrow will be our last trading day as Friday and Monday are bank holidays. Could this be the moment that we have been waiting for but we may not know how this will affect our sp until Tuesday. More BTL / ARGO news to follow, I�m holding strong... I�ve taken my final top up yesterday at 0.54p ... gla
Just read the last RNS again.. the Company has invested �200,000 to acquire a minority equity stake in Argo Blockchain plc ("Argo Blockchain") (the "Investment"). Vela has subscribed for 2,500,000 shares in Argo Blockchain, at a price of 8 pence per share. The Investment by Vela has been funded from the Company's existing cash resources. Am I correct in thinking that ARGO sp will be circa 30p at launch as there are limited stock options and what are the indications of VELA sp at this time.
Hi Dan Wow I wasn�t expecting the sp to be at these levels but I managed to top up last night before close at 0.2798 and again this morning at 0.26p - hopefully the tide will turn soon - looks like the market maker is playing on investors emotions..