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Good rise again overnight for dot. SP might well rise a little higher again today. Fingers crossed anyway.
Argo continues to be frustratingly range bound in spite of a buoyant BTC price. I suspect with higher institutional investment we will see much less volatility here - I’m not sure we’ll ever see the big rise days of the past though sadly but hopefully a gradual and sustained rise in the future. Personally, I believe that until there is a really positive RNS (without a But) concerning acquisition of lots of new machines and the build in Texas then Argo SP will do little and if anything it’ll drift lower. Once those catalysts appear then the rise will start. Let’s hope the September RNS is a good one and we hear some substantive information, not the usual PW spun crap that’s been released in recent months. Come on Argo.
Big chops - that’s very relevant indeed. Pluto Digital has gone quiet in recent times. These sorts of investments could prove fruitful in the relatively near future. The more I’ve considered Argo, the more positive I’ve felt. As Just the facts stated, a clear and well organised development of Texas will be extremely influential moving forwards.
Two positive days for the first time since launch. OTC must be just round the corner.
I have to confess to having found the past few months invested in Argo an absolute rollercoaster. The recent drops were flabbergasting but we seem to have settled once again in the 120-140p trading range. To become the target of a concerted shorting attack is perhaps a compliment to Argo but also should serve as an eye opener for most of us. Once again this looks to be an attempt to encourage the lowly retail investor to sell his shares at a loss and allow larger institutions to hoover up on the cheap. It’s deplorable on every level. However, all that said, it’d be nice to see a smooth launch on Nasdaq and regular updates on Texas that remain positive. Surely, if that’s the case and BTC can reach 50k again then Argo cannot fail to be rerated and the SP rise significantly. We just need a few drama free months - clear RNS with updates on machine acquisitions and strong production. My personal target is £2 initially then £3 in the next 2 years. If Texas launches and Argo install their own machines then these targets should be more than achievable. Thoughts appreciated from sensible people only thanks.
This is a very negative RNS spun positively in my view. No signs of increasing mining capacity in the foreseeable future whilst competitors seem to be increasing capacity incredibly. I think PW and crew have messed up their procurement plans quite significantly here. Still waiting to hear about the increased capacity that was supposed to go online in July. Never just positive updates these days. It’s always, this that and the other are not what we said 3 months ago but don’t worry we’ve renegotiated something else that’s better (but it isn’t really). This is why Mara and Riot are rising again - they are moving forwards. By the way, if Argo had acquired loads of Chinese miners do you not think this would have been disclosed straight away. Don’t worry though we’ve got Texas, and it’ll either be empty or full of competitors’ machines.
This is a very negative RNS dressed spun positively. No signs of increasing mining capacity in the foreseeable future whilst competitors seem to be increasing capacity incredibly. I think PW and crew have messed up their procurement plans quite significantly here. Still waiting to hear about the increased capacity that was supposed to go online in July. Never just positive updates these days. It’s always, this that and the other are not what we said 3 months ago but don’t worry we’ve renegotiated something else that’s better (but it isn’t really). This is why Mara and Riot are rising again - they are moving forwards. By the way, if Argo had acquired loads of Chinese miners do you not think this would have been disclosed straight away. Don’t worry though we’ve got Texas, and it’ll either be empty or full of competitors’ machines.
This price action is really starting to **** me off now. I can’t work it out at all, SP sliding down again after a recovery to mid 130s. It’s becoming abundantly clear that the markets have markedly downgraded Argo in recent months and unless BTC goes on an absolute tear to Ath’s again I don’t think any news flow from Argo will have a significant positive impact on SP. it seems to me that any BTC negative news is magnified in the SP but not vice verdas and as such Argo just keeps sliding. It’s very disappointing really.
Mr Slug, I’m not pushing negativity at all. Just not ramping like most on here and Telegram. I really hope Valereum comes good, sincerely I do. After all I want profit myself but I’m just becoming doubtful is all. GLA DYOR.
Hope not. I think it unlikely. The OTC delay is the crippler. If it had happened when flying the SP might have reached close to £1 to be fair. It’s just very disappointing that the balloon has burst. My hope on the horizon is the price of the placing with warrants at 80p. I’ll hold mine for the time being and wait and see.
Some are fanatical in support - just take a look at telegram….
Last month people on here ie Trippy, were predicting wild rises to £1, £2, £3 - Where are they now?
Fundamentals people, and this appears to be fundamentally very little at present. Hope I’m proven wrong otherwise a lot of private investors will have been walloped. Give us some substantive news Valereum!