Member Info for Monkfish6

This share price is ridiculous. Significant discount compared to current holdings alone - so basically an assumption that all holdings will depreciate and there’ll be no staking income. It stinks to high heaven. The directors never say a word, couldn’t give a hoot about the holders who fund them. I’m now concerned and suspicious about this bunch. Unfortunately, we’ll in the red!

Yeah Kev, he bought back with a small fraction of his profits only. It’s pocket money only for him.

Cheers for the replies Argo, Ian, Chuz. ArgoBull, I should be careful and add IMHO. I’m referring to the very opaque behind the scenes rig acquisition farce - ie. we have cancelled a contract with x but don’t worry it’s all still great. The wink, wink, nudge, nudge Nasdaq chat early last year was also pretty disgraceful as well. I am not a PW fan at all I must add. He’s made his money though.

I’m seriously underwater with Argo and KR1. I’m not in any particular rush to access funds so can let them ride but I must admit my viewpoint on crypto is changing. The past 2 years have been incredible but the miners are all looking utter dog crap in terms of share price in the past three months. Are we really ever going up again? That is my honest concern here, not FUD spreading but I think this could just keep dropping. PW has really screwed shareholders from the highs. Lots of smoke and mirrors, outright lies and poor execution. I’m looking for £1.65 long term but I now realise that is just so unlikely. No doubt the SP will hit 80p today after an underwhelming RNS update and dump last night due to inflation concerns.
Bitcoin is in a descending pattern. I really worry this is a repeat of the dotcom bubble and admit to feeling a fool getting drawn in.
Good luck to actual holders and not the muppets on here who just wanna slate each other. Not a great time to be invested at all!

Wow! Great to see this rise. Hopefully it will be sustained into 2022 and we may see a viable product. All power to the cheer squad!

Sadly, Valereum along with all crypto shares continues to drop. The bubble has burst it would seem.

Another crypto related share turned to utter ****e. Merry Christmas all. Back down to 50p at this rate. What nonsense. Valuation is ridiculous at this price.

Limping, clearly calling Peter Wall names achieves nothing…. Nonetheless he’s a royal c**kwomble! Makes me feel better letting that out.

Cheers for that analysis Chopsing. Personally, I was never in this for a ten bagger in six months but this is a capitulation of SP and I doubt I’ll recover a significant portion of my illjudged investment. This is my fault, I own that decision but I feel there is a complete lack of consideration by the board to investors. Poor execution of the Nasdaq listing has severely damaged sentiment here. That, combined with uncertainty about future funding, the general market downturn and sudden fear in crypto has sunk this. It’s not been this low since the start of the year.
Excuse me if I’m not cheering for Peter Wall. He’s a smug p***k.

Not anymore Spaceman. Chopsing, I’m definitely a cu*t for having bought in here. This is a bad joke unfortunately.

Sorry Robert, where is the money coming from to propel Bitcoin to those levels? I call bull***t. If this makes £1.50 again I’ll be surprised. Speculative ****e.

Things looking very dark on here. We’ve gone from £1.70 to £1.10 in 2 months. Plenty of good investments and still an income from Dot yet down we go. Not ideal at all. Is this just poor crypto sentiment or what?

Dead as a dodo on here. I’ll be interested to see the next II update fro Mike. Wondering what 2022 holds for this share. Is it going to drift lower or get back over £1.50 again. Likewise will Bitcoin get back to 60k or is it a bubble ad in turn has it burst. Too exposed for my liking so sitting on hands for time being.

What’s the current NAV for KR1? I know it varies daily but ball park. I find it so bizarre that this has been trading at a heavy discount. Personally I’m a bit sceptical about how the founders are paid but nonetheless given the monthly income alone from staking it all seems weird to me. Very quiet on here.

Tiger, not interested thanks.

So, a jump this morning. Great news for those of us that are underwater but what has prompted this? Fundamentals support a much higher price in my view, but we’ve had this twice now this year. It does look a bit manipulated- and I’m not a conspiracy nut. Hopefully we’ll bounce back into the 130’s at least in the short term. I still hope for £2 next year at some point. No dry powder left for me currently so just holding for now.

Canetoad, I appreciate your frank words on here. You consistently write sense. I hold similar views but have seen a completely altered rhetoric in the public domain with many commentators emphasising the forthcoming crypto winter. It just seems very negative. I’m happy to wait it out, if necessary for a couple of years but obviously don’t want to end up down hopelessly.
It’s notable that the rampers on here are very quiet these days. Clearly they’ve taken their profit and moved on. Hope we aren’t the mug cane toad!

What is going on today? Bitcoin has dropped slightly but that surely doesn’t justify this drop. This is looking very concerning for all holders now. What is going on?

I have to say in spite of the fundamentals here, things aren’t looking great for Argo SP in the short term. SP appears to be barely holding the pound mark. My fear is that it gradually slides further. I could see this at 75p in the new year. It’s gutting tbh. It’s just become very unloved. Even old funky finance doesn’t refer to Argo anymore.
Thoroughly, thoroughly frustrating. I hope PW and crew can execute over the next few months and they take loans to pay for the machines needed to fit out Texas, rather than dilute. The last 8 months in this has been hellish.

Flowerpot, I agree with you. How low will this go is now my question?