Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
50% Back in at 300. Will see if it drops further. Market looks dismal :( on most things.
Or.... it'll go back down to 300p before ex div date. Only mystic megs crystal ball knows
Damn going to have to find some more funds for 261 at this rate.
Thanks for your post Gavester. Appreciate the information.
I increased my holding yesterday. As couldn't wait for it to reach 278. Got in just under 280 after fees. I agree with the above as well that the pricing seems wrong. Perhaps signs that if its not high risk/ high reward the money coming into the market isn't interested. Although I'd like the price to go up. I'm just as happy happy collect the dividends of my investments over the next year or so and wait for the SP to sort itself out.
Come next divi Well sll be kicking ourselves for not topping up at these prices. Unfortunately that's quite a while off. Hence sentiment is down. Put it in a box a pick it up again in March or keep topping up on the lows. 269.70. Wish I knew this 2 months ago would have held off the drip buys. Still. Guess I'll need to put another lump in if it gets down to 268 to get my average lower. Dividened day will be like winning thd lottery at this keeps going ??
Agree with you 100% Tomc1. Share prices fluctuate but the buy back has been done brilliantly so far.
Thanks Lolades. I'm not invested in the other company and not intending to slyly cross ramp. Just wanted some information from those with more knowledge to form an opinion based on facts rather than my assumptions. I find the general discussion on this bored trash with nothing but speculation from rampers and derampers alike. Appreciate it may have come across negative to argo, but without open discussion I feel the board becomes harmful to Argo.
Thank you for your reply though. Very helpful to me.
Not as well developed or funded. You could be correct. But by year end they'll have added 45mw (which is Argos current amount). Supposedly they already have rigs destined to arrive in April when they're new facility is supposedly finished.
It's possible more funding will be needed from this company and shares will be diluted as per Argo.
I may have missed some points and maybe the indo will be released tomorrow. But as far as I'm aware we have had orders delayed several times on rigs and may not have any on order for the new facility or the cash to pay for them.
I'm just very shocked as how another company could overtake us as we've been at this longer.
Just doesn't make sense to me. Fingers crossed all will be revealed once the quiet period ends. Tomorrow?
Hi all. Just noticed Rodium Enterprises has an IPO coming up but the time frames and hash rate etc look very good. Especially as they're also building in texas...
The company expects to add 45 MW of additional power and grow its hashrate to approximately 2.7 EH/s by year’s end.
Rhodium is launching a second Texas mining facility by April 2022, and it has already acquired miners with approximately 225 MW of power for delivery the same month.
Thoughts?
Iweb used to work out really good if you don't need all the extras. £5 per trade no monthly or yearly fees but a upfront fee for setting up originally. Think the upfront cost got pricy now though.
Stormer, I assume you're aware there are more ex div dates to come in the future? Odd comment.
Very happy with the finish today. Hopefully we can stay above the 294 price until ex div date. So I can just sit and relax and not monitor the SP. If not another excuse to top up again. Was waiting for it to drop to 274 before final lump sum. But always felt it unrealistic and would have waited me very heavy into this share so much happier its risen to a good price. Looking for a stable 300+ going forward
SP put to the side for the moment as no ex div is coming up soon. I would like to shake the hand of the person in charge of the share buybacks. Really takes some big cahoonas not only to not buy them all in one go when it was announced but to also see that the price was likely to drop and stagger the buys to a possible low point. To then go all in on the purchases. All in us Investors interest. Makes a nice change for a company to think and act on behalf of the share holders best interests.
My theory mostly wrongly Is the following.
Texas facility is paid for by nasdaq
Sell bitcoin hold to buy new rigs. Rent out 25%- 50% of rigs to others
The income from this will pay for the rent etc for the facility and essentially allow us to mine bitcoin/alt for free.
This in turn allows us to be self sufficient without further raises and IF/ when bitcoin becomes too costly to mine we use the power for transactions instead of miming. As we aren't going to out compute the big guns so we have to be more savy. And rely on our low cost of production to be more adaptable than the others.
Again probably not going to happen DYOR
Can't knock them for buying under 290. Seems like great sense to me. Anything under 300 is a good buy in my eyes.
Congrats I'm -0.11% off break even on close. Let's hope miners continue to grow through to the end of October at least! :)