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Argo's currently over priced and no sign of BTC rising soon so down down we go. The sucky thing is when BTC does have it's next bull run we will need to skyrocket just to get it to £1

Argobull - you have mystical powers?

I fear that BTC hasn't hit rock bottom yet and Argo is unsustainable in this current bear market. More raises, more selling of BTC means a toppling of share price and a worse alignment to BTC. We will need BTC to hit over 100k to just get back to £1.

A terrible company run by fraudsters. Seems like most people are praying to break even and be out.

When do people think this Ponzy Scheme business is going into Administration? PW will get a big payout and split his BTC with his pals we are the suckers in this.

50p seems to be our top end in the run up to a 'iminante court dates/settlement.
If no furrher updates (likely) in the coming weeks we will start to topple down. Sentiment counts for a lot. So much so it probably counts more then any court outcome.

No director buys just **** update videos raving on about our new excellent facility we are now sharing. This company is headed right down the bottom.
Short term 20p (within weeks) and longterm delisting. No way we are gonna survive the big BTC crash and they sure as hell won't sell any more of their BTC. They will divide up the cake and be outta here.

Very much out the loop here so would love someone following this more closely to add more clarity but my queations are.
1) Are the large director sales not a red flag for anyone?
2) Given that the price has already x5 from its 10p low tells me that most of that is factored on the basis of a successful court outcome. (I.e a unsuccessful outcome and back to 10p?
3) what are the chances of this not just being settled privately outside of court and Samsung just being able to offer a silent backhand?

Imagine $50k Btc once merited £3 for our share price. At this present time the same price would barely even get us back to £1.
They are several contributing factors that affect our alignment. 1) increase debt/share dilution. 2) selling of Btc 3) sharing our capacity with third parties. All of which are survival tactics to keep a float during the bear market. This is the problem when solely relying on one asset.
The true test will be if we can survive until Bitcoin has it's next super surge and not inflict that much damage. Offcourse nobody trusts PW and anything can happen. I think most of us probably just want to break even and be out.

You won't even see PW buy any shares when we tank down to 10-20p

Hi Janes, you have done a very good job at actually avoiding my question instead choosing to insult me as per usual. Yes I also offcourse think Bitcoin is going to rise that is a given but that wasn't my question was it?

Nevermind atleast you had your 'comeback' feel better?

What happens if Argo goes into Administration following a continued drop in the price of Bitcoin thus causing us to be net negative? Does the facility just become a private entity for Peter Wall and his buddies to benefit from? (Not that it's been any different to date)

I raised this possibility several months back. Peter Wall is just using us shareholders to fund his facility for him and his friends to benefit from. Ponzy type scheme.

19k just broke and down we go to 10k and below.
Argo better be able to utilize the improved machinery and hashrate asap coz at this rate they will have no BTC left. Tough times ahead.

Hope we don't go into administration:/

Ok then so here's a scenario for you. BTC reaches 30k what do you predict Argo's share price to be?
60p is apparently rubbish to you so what is your prediction £1 £2 £3????
Dont call out a rubbish analysis without a counter

*30k BTC

Hopefully today reinforces that 60k BTC won't merit anything over 60p in the share price.
We very much need to go north of 100k BTC to go anywhere near our ATH and then hope Argo don't further dilute. Most of us are sitting with an average over £1 and are gonna be here a while.

Best of luck everyone

When BTC reaches 30k we will reach 60k it's really not rocket science. Honestly the amount of times I've seen people get carried away here after anh slight 'surge' and talk of 300%-500% surges.

Slow and steady and we will get there but for us to get into previous high's we need BTC well in excess of 100k. Our time will come.

I am just praying there is no more dilution. Anytime we have dilutions our ratio is worsened.

James - erm....'' I suspect that if we had Bitcoin in the low 30's with expansion on course and efficiency in the right ballpark over the next month or two we could be pushing £1''

Argo bull - yes clearly trolling because I dare to voice an opinion. Are you just bitter you put all your eggs in one basket? Amature mistake.

30k doesnt get us back to £1 that's me just calling it as it is. Sorry you don't like it.

Chopsing. Jeez your sad to actually go through the process of digging out my old posts or do you have them written down in your diary? I also haven't changed my tone im still negative haha

Sorry james but absolutely no chance of us reaching £1 with BTC at 30k. You are dreaming.