Member Info for spaceman07

$49.4k now.

"I don’t know how anyone else feels about the 10-1 ADR ratio, but honestly I feel as though it’s off putting to many of the potential US investors. (Many don’t take into account the Market Cap, or the possible fact they don’t know 1 ADR=10 shares)."

I don't buy into that as an excuse now, perhaps when we first listed yes maybe. That and we missed the best part of the rise in BTC due to churn of shares another possibility. Once BTC neared its ATH after over 100% rise the buying pressure ran out of steam with ARB, there was more anticipation BTC would fall again than keep going. As it happens that was the right call and its been downhill ever since but if we don't rise hand in hand on the next run something else is afoot, the market isn't liking something with ARB.

I don't know about Off-piste but i think he is piste!

"It’s just a bit nonsensical now to me and I worry that this may just drift lower. The Nasdaq IPO was supposed to be the Holy Grail for Argo and has turned into a poison challis in reality. Texas and Pluto IPO are both positives on the horizon but I think a lot of investors worry that these will be executed poorly as well. There’s clearly manipulation by short sellers in the foreground too. Numbers don’t lie and on that basis Argo should be much higher. Is something going wrong behind these scenes?"

People were crying out for the IPO it's a good move, heavily discounted yes but do you think the Sp would of faired any better? Not sure it being a poisoned challis, we are were we are for reasons other than that. We are trading below the heavily discounted IPO price now.

Rr101 - I share your pain fwiw i need an 80% rise from these levels just to B/E. That said despite all the doom and gloom nonsense spouted on here, it's probably best if you switch off and let events unravel. I'm not a big believer of averaging down as you can get yourself in a bigger rut, just chill and see how it goes. My gut feeling is you'll make decent profits next year, ARB is if you like in a transitional period and the fundamentals havnt changed. I was invested in something else and averaged down continuously but ended up in a right mess. It took 5yrs plus just to make a bit of profit, but the sleepless nights wasn't worth it lol
From personal experience these BB's are all noise and if you let them influence your investment they will. It's all about how the company performs and how BTC does from here, no matter how much the doom and gloomers think they can influence this they carnt at the end of the day.
GL DYOR

"reckon we'll be back over 115p tomorrow on Nov numbers"

Terrific I'll only be 40% down, bring it on!

BTC nearly back level, Mara up, Riot level and ARBK shafted and that's after the heavily discounted IPO. Disappointing to say the least!

BTC stable, mara and riot dropped less than half e have.

I concur absolute idiot!

Quite a few crossed in the auction @1.44 as well.

"Too many newbees on here saying bitcoins crashed, why the drop? Get a grip guys, i regard this as stable at the moment, a 5% swing is nothing, look at the charts from january / february and you guys will be having nightmares!"

Exactly, i don't give two hoots what BTC does short term I'm in it for the long game. If you don't believe BTC will go higher perhaps you shouldn't be here. Same with ARB it has the potential to multi bag from these levels, imo it's that undervalued but it doesn't happen overnight. Quite happy to let a few of the 10/20% ers off the bus on these small dips, it's healthy for the Sp moving forwards. Slowly but surely we are getting there though, i can see us being mid $20 range by Xmas minimum. GLA DYOR

"Can see ARB staying steady (if not pushing up a little) even if BTC drops a little."

I wouldn't be surprised if we took out £1.60 in the states before the weeks out regardless of what BTC does, its that undervalued atm.

After hours hit $20.88

About time hugely undervalued!

Boom it has!

Yes if this trend continues I'd be reasonably happy in a years time. Gained what $3 in 6wks, we'd be $30 plus lol

"Simple. You CANNOT do another large raise after such a terrible hit after the IPO. It will CRATER the sentiment and the share price would follow it. I don't mind occasionally participating in a rights issue, but I don't volunteer to be robbed constantly."

I totally agree but wouldn't everyone be better of emailing PW or the board? Nothing will get done about anything just posting on this BB.

"Last chance, We will get excellent news soon. This will fly. Fireworks is coming GLA"

Yes I've penciled in Nov 5th.

New Argo shuffle? Looks like me after 10 pints at a wedding

Imo we are well undervalued but I'm not here solely for that I'm in for the long haul and the growth aspect. I think sentiment has started to bite in the states, but BTC needs to find support, consolidate and kick on. The wild swings arn't helping the cause. I still think we'll surpass pre Nasdaq levels and comfortably we'll beyond if the winds are in our favour. Onwards and Upwards. DYOR