Member Info for MIKODX

Currently trading at record breaking prices. This will be good for ARB SP.

Just checked on the Govt website and contract has been awarded to ODX which is why I've bought back in.

https://bidstats.uk/tenders/

Sold my MCL shares and bought back in here. Don't know why and I may live to regret, but looks like orders will be coming in.

The SP has rose this week and not because of large trade volumes. Actually trade volume this week has been low compared to previous weeks. Hopefully it's rising because we are now selling a lot of Genedrive kits. Should get an update very soon of numbers and progress.

Holding very tightly and hoping to average up next week.

Things are going to start hotting up now. AFC are about to get world media coverage which should be good for the SP, and a good watch too.

It's not a self fulfilling prophecy at all. It's just another example of how manipulative and corrupt the market is. Most MM's will follow this rule and gap the stock back up/down, but not always. They will use opportunities like the ones we've had lately, where there's been a fall in the Green sector, and deliberately drop the SP to fill any gaps that need to be filled. This gives the more knowledgeable investors the chance to buy in low or sell high. But at the end of the day it's still all market manipulation, which has been going on for years especially with AIM stocks..

It's just something that happens with AIM stocks because of the high volatility. Normally they get filled but not all the time.

I don't think you have. For the gap to get filled the Low of the day has to be lower than the previous day's high, not higher. That hasn't happened yet. Hoping to average down at 40, but I've got a funny feeling it might take off from here. But we shall see, that gap @37 still needs to be filled.

A Placing that oversells in the space of hours tells you that the shares were already bought before the Placing even started. Doubt very much we will see the Placing price, this is just the start. Those willing to wait another couple of months will see very big returns for sure.

Mathsman - For someone whose been Trading for over forty years I expected a much broader in depth answer than that. You think something smells funny here because you've seen it with other Shares, is just not a good enough excuse to make such a comment and sow seeds of doubt. ARB is expanding and I can see within the next couple of months £2.50 will seem like an absolute bargain.

The Fundraise is now closed, and has been oversubscribed.
Now where are the fools that were saying the Placing will not be oversubscribed?

So you've been 40 years in the market, so explain why you think something smells funny here?

The Placing is to raise money to expand the business which will bring in further profits. Why is that so difficult to understand? Honestly speaking, Trading is just not for you, don't give up your day job. Nothing fishy going on here at all.

You have just won the most stupid comment of the day award.

newtothisgame2 - Because they wanted to acquire land and a new mining facility in Texas. It was pretty obvious they would raise some/all of the cash via a Placing.

https://argoblockchain.com/wp-content/uploads/2021/02/5-March-2021-General-Meeting-Circular.pdf

Look at my comment on Friday. Jus as predicted.

daltry - The MCAP of a company is not solely based on turnover alone, especially with PLC's. Most PLC's are based on other Fundamentals, like Shares and their value, potential for future Sales, competition in that sector etc. PPS has huge potential especially with the German Govt investing heavily in the Green market.

When you choose a particular stock nothing is guaranteed you have to use your own initiative and decide whether that stock is a good investment or not. That can only happen by thorough research of the Company you choose, don't expect anyone else to do the researching for you. GL.

Placing coming, it's obvious.

The acquisitions of land and the construction of a new mining facility in Texas is going to cost money. More shares are going to be distributed which will set the SP back.

We should be getting an update on Acciona by end of Q1 2021, so between now and end of month.