Member Info for spaceman07

The shares are slowly but surely getting soaked up, wouldn't listen to the FUD spouted on here. Its coming!

I think what we are seeing is typical of any form of dilution. Initially you see a bit of a jump in the Sp then it falls to or a tad below the dilution price. Anyone can buy the dilution price but they know the score and will just take a quick profit. Once there's no profit to be had that's when you'll see a real jump in the Sp. The shares tend to fall into stickier hands ones that realise the value, also the traders that initially bought the IPO will start to come on board again. This all drives the Sp back up again usually resulting in a surge in demand. Imo we are not quite there yet, it's just typical how it all plays out doubt its any kind of manipulation lol

Drlong said he was closing his short tomorrow and would be gone for good? That was a couple of weeks ago ffs. Must be obsessed with ARB lol

More volume usually rule of thumb its 3 x the dilution before lift off, very much doubt we are there yet. But eventually it'll pop. Can't see any reason why it shouldn't from these cheap levels.

Even taking into account the large discounted IPO, sentiment seems much better this side of the pond. Several times the Sp has tried to go north here since but just adjusted to these levels. Clearly Nasdaq is holding us back we'd be nearer/over £2 all things considered. Surely the value at some point must be realised over there soon.

Lol waste of time watching BTC the way Nasdaq moves with any rise. If the Nasdaq listing was delayed we'd be £2 plus now with Nasdaq sentiment kicking in. Oh well.

HGN - who would of thought the company could grow this quickly and already be listed on the Nasdaq? Argo would be the first company i know of that lists on various exchanges not to raise cash, they all do. The fact is growth doesn't happen over night. Would it be better to list and stagnate?

I don't think the dilution is the problem at all, there's more to it than that. How else was we going to expand? PW decides when we list on the Nasdaq, he has not control of the Sp and BTC price at the time. You can't just list on the Nasdaq without plans to grow the company.

I'm as bemused as you are pop, I don't think it's too much expansion too soon but how we are going to fund new machines could be holding us back. Nothing else makes makes much sense regarding the Sp.

For the umpteenth time it's not the amount of shares in issue its the mcap and how well BTC is performing. If the mcap is too low this should be rocketing regardless of Sii.

Based on mcaps of our peers and what discount the IPO was set at this should be getting smashed out of the park by now. Especially with BTC racing North, churn of shares shouldn't come into it they should be flying off the shelf! Nearer £2 if you ask me.

You say huge dilution how else do you expect the company to expand and grow? PW believes that BTC will go up substantially in the future it would be stupid not to Hodl. Had we IPO'ed at $18.4 that would have been only about 14m less shares in issue, what's that between friends? That would of looked good wouldn't it not even holding the price of the IPO because no doubt the Sp would of gone down. Where would be the attraction in that?

I'm afraid you'll have to swallow the dilution if you want to see real growth. It's not as if it's like some AIM listed companies i could mention, diluted to oblivion every couple of months and see FA for your money lol. We are now on the biggest exchange in the world, the cash is being spent wisely and ARB will grow exponentially.

Um! For whatever reason BTC price isn't being reflected in our Sp i can only think its the overhang from the 20% odd dilution. It pretty much was that way before the Nasdaq sentiment fully kicked in. Obviously BTC price is relevant and will drip down/drive the Sp soon enough, it has to revenues and profits will start to soar and the Sp will reflect this. Like any discounted dilution you'll always get some selling for a measly 10% or so until the shares find sticky hands.

Dilution isn't always a bad thing if you can see past your nose. This has the potential now to go much much higher!

If people stopped selling for peanuts here the supply to the US would dry up. Catch 22 they see this not moving much and sell regardless.

Exactly that Fireblade, lse are now the sheep.

Thanks Eddie, i nearly missed your reply it was somewhere amongst the 300 or so posts about John lol

is better than over the pond since the IPO, what will it take to kickstart the recovery? Good RNS, BTC up etc etc. We closed higher than the US its hardly profit taking and they've got heavily discounted shares what's not to like? The US are a drag if anything looks to me like the Sp wants to go much higher here but lse are sheep.

Lol he's taking the p/ss if you ask me, another one for the filtered bin!!