Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Seems they are being looked at over the pond
https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-argo-blockchain-plc---arbk-301645526.html
Last weeks drop was ludicrous- if investors only read the headline and sell in panic they shouldn’t be investing.
The fund raise was a small percentage of shares in issue and the potential is many multibags from here.
Patience (like with many shares) is all that’s needed and ignore short term fluctuations
Businesses go bust - simple.
The one thing with this one is that they warned shareholders several times that they were in trouble and any rescue package would result in little or no value in the shares.
The reason many investors have lost the lot here is because they chose to read those warnings wrong, ignore those warnings and not do their own research or believe all the crap that was being posted on bulletin boards and twitter about takeovers (completely ignoring the company itself).
Harsh as it sounds they cannot blame anyone but themselves and need to move on and learn (and not do exactly the same on the next share that spikes up for no reason).
Shareholder action group is just throwing away more money on a pointless action - if there is no money in the pot they are hardly going to compensate shareholders and I don’t think that has ever happened with any share ever.
I can’t believe some of the posts on here.
For those who actually believe the shares will relist and rise significantly - stop trading.
They have said numerous times there will be nothing for shareholders they even told us yesterday that administration is very likely - yet some still bought today on the back of a rise and pumping from those they don’t even know - madness
The lemmings choose to buy a share on the hope of a takeover when the board announced one day ago they are virtually in administration and there will be nothing for shareholders.
The only RNS is likely to be big funds sold out or suspension pending administration.
What kind of business would I’d for them when they get what they want for a fraction of the price in a week or two
Why 10p
Businesses don’t just throw money away - why buy now when you can wait a month or two and are likely pick the good from the bad from administration- why buy a poor performing company with big debt and no doubt have to then get rid of a big chunk of the stores as they are too close to their existing stores (competition commission).
It just doesn’t make sense.
Talk of any bid is pure fantasy imo.
Nearer 90% as 100% would be 0p.
Still ****e though and no reason to think it’s even worth it’s current value if the 12m proves uncommercial
If you haven’t got a 1-2 year view to hold this share you’re in the wrong share - put simply we should be at many multiples from today’s price but this will only come once production is flowing which is probably anywhere from 1-2 years away.
Fluctuations in price shouldn’t matter between now and then.