Member Info for seethreeIPO

Just for context....the total outstanding warrants now amount to 1 million shares, which equates to, at the current share price a devaluation of 0.33p

It has to close above $2 for 5 days

EVA, again you are combining a post that mixes fact with total rubbish, a classic ploy by anyone wanting to manipulate opinion or drive conspiracy! The share price is up, the volume today is over 4 million within the first 2 hours of trading, which for a small cap is massive, to say it is not in demand is utterly incorrect. Please go away.

Well if there's ever been a motivation to post non meaningful content this is it!! :-)

Current US Spread converts to 95p - 108p

Interestingly, 100p is a clear resistance this side of the Atlantic as it's a psychological barrier/target. However, this won't be the case in the US as 100p is 137.08 cents and 140 cents is more likely the barrier, the yanks may just carry us over that barrier this afternoon!! :-)

There are many reasons to do it, not least the fact that we have so many outstanding shares relative to our peers that is makes sense.
Another reason is that higher share prices make institutional investors for more comfortable than hovering around the penny stock levels, this is even more the case in the US. Doing a share split now, would give us a buffer zone in the SP should Bitcoin have a wobble. We'd be well over the uplisting criteria with very little risk of falling below it.

To be honest, the question would be why would we not do it, rather than why should we.

NASDAQ listing is expensive, but the recent influx from the placing would be well spent on uplisting costs.

We have a relatively large number of shares outstanding, so I don't think anyone would be adverse to a split. Financials are strong, sentiment is strong, market cap is strong, the only thing stopping us being at $2 is the fact that we have too many shares in issue, we could do a 3:1 split and still have a large number of shares in issue and treble the share price!

I've added it as a question for his next video series on Twatter.

Sorry, do you mean 'also' known as a share consolidation...or are you trying to make some kind of point?

That's a great thought Gladiator, it would be a free for all in here if that happened as we'd then know the intention was to nasdaq uplist, which would take weeks and the shareprice in the meantime would rocket.

Weekends do not always see Bitcoin drop...in fact some of the largest upward movements in the BTC price have been over the weekend!

They won't even pay it, so to speak. Let's say on the day they decide to exercise the share price is at 194p, they exercise the option and the shares are admitted for trading or, as is usually the case, the corporate broker has a buyer lined up and they never even hit the market, they basically buy and sell in the same transaction and they receive 100p per share, less fees. No one in their right mind would exercise until the price has doubled, and then they should only exercise a portion of the shares.

In this case Rafafan I beg to differ, but each to their own. In my opinion that word is a compliment when it comes to her.

Eva - What if one of those employees is the key to increased mining efficiency, if they are the ones that write new code than makes Defi tech more usable, or they are a brilliant M&A strategist and we acquire the next big thing because of them. Keeping a key member of the team v a few hundred thousand options exercised over the course of years is a no brainer and may ultimately vastly increase the SP.

Most staff won't exercise options until they at least double in value, personally I waited until 5x before I exercised ANY of mine.

Damien those sold v bought calculations on this site are always way out. The algorithm that decides whether a trade is a buy or a sell is based purely on whether the price paid was above or below the mid-market price, which on a share with a tight spread is very misleading. Massive pinch of salt required.

Great sign of a company invested in it's employees. I've had the benefit of options and they not only changed my life but they kept me at the company for years before becoming a director, great to see Argo doing this and will have zero negative impact on the SP.

I think this RNS will really put the cat amongst the pigeons! We're not just waiting for operation updates and machine commissioning, there could be an acquisition RNS, technology development RNS etc etc drop any day. To have two brilliant RNS on consecutive days is brilliant, increases FOMO and decreases traders!

Gains in the hundreds of percent are not low targets, it's the classic JP Morgan quote "I made a fortune by getting out too early" If you have a target stick to is, sell and reassess, that's how you make money here otherwise you'd never sell!

Strange as everything to date has talked about anterior nasal swab, not nasopharyngeal!