Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
https://icrinc.com/insights/making-noise-in-the-quiet-period/
Doesn’t seem to be any issue with companies carrying on with normal course of business communication. Assume that monthly updates and machine news would fall within that.
When PW can talk about it , will be interesting to get his side of it.
Surely if it was so oversubscribed the price would have rocketed as those people who missed out or got a smaller allocation would be piling in to buy more shares ?
Early days but as the share price is currently approx 10% up on the listing price doesn’t that show that PW and the Inst were pretty much spot on about how the market valued the company. Don’t see this as a failure at all and expect the price to increase steadily as Argo start to release more news on growth.
https://www.bbc.co.uk/news/business-58647212
At least a deal has been agreed over Thursdays interest payment.
https://www.moneycontrol.com/news/business/markets/explained-how-is-listing-price-of-an-ipo-decided-7176201.html
As the share price has been rising and if demand is high could the final IPO pricing be higher than the current assumed price ? Article attached suggests if demand is high the final listing price can be higher than the offer price - not sure if this applies in our case.
Just watching Al Jazeera report on impact on the environment of Gold Mining in South Africa
The ore extracted contains so much uranium that the deposits produced could be considered nuclear establishments. Many of the waste heaps are just outside Johannesburg.
https://economictimes.indiatimes.com/markets/cryptocurrency/opportunity-bitcoin-on-verge-of-eighth-golden-cross-portending-run-to-new-high/articleshow/86229643.cms
Apparently last two times this happened BTC increased 5x & 3x.
Happy to settle for 2x !
https://www.cnbc.com/2021/09/14/kevin-oleary-says-he-wants-to-more-than-double-crypto-holdings-to-7percent.html
Once regulation comes in believes trillions of $ waiting to be invested in crypto
https://www.proactiveinvestors.co.uk/companies/news/960223/argo-blockchain-launches-nasdaq-ads-offer-960223.html
No discount according to Proactive article
https://sec.report/Document/0001104659-21-114734/
On Stocktwits
https://ca.finance.yahoo.com/news/dmg-blockchain-set-join-marathon-120500115.html
https://www.sharesmagazine.co.uk/news/market/LSE20210326070004_3924003/Argo-launches-the-first-clean-energy-mining-pool
Weren’t DMG meant to be part of Terra Pool ?
https://uk.finance.yahoo.com/news/coinbase-gets-wells-notice-sec-032303040.html
Worries over SEC actions hitting crypto prices ?
Think PW considers Argo to be a Blockchain Technolgy Company rather than a BTC mining company and will look at the most profitable opportunities. Agree that’s what makes it exciting knowing that you have a company looking to invest in new opportunities as they arise.
https://www.nicehash.com/countdown/btc-forking-2021-11-15-12-00
Estimated to happen 11th November
https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-as-commodity-what-does-it-mean-for-you-and-the-industry/articleshow/85892934.cms
https://www.businessinsider.in/cryptocurrency/news/banks-in-india-are-reportedly-softening-their-stance-on-crypto-trading/articleshow/85830681.cms
New bill will define crypto currencies as an asset/commodity. Gov’t / banks softening their stance on crypto trading.