Member Info for the_Chuz

I'm still waiting for the a*** to fall out of bitty and retest 25 ish before the next leg up.. This sideways movement has to end soon

Ref Kr1

The spread and the illiquidity kills the stock for me, I held it for a while but was glad to get rid of it, because of the liquidity issue it actually seemed quite burdomesone to hold.

I'm still stuck with the swenson Park swimming pool repair.. How much did it cost and is there an ongoing liability in any form.. Did they ever finish it, are the locals still all lovey dovey with Argo and PW..

I'm now expecting a pull back to around 25.5k for btc, unless something special happens that dome top on the graph looks like it's running out of steam a bit and needs to have a rest at 25k before the next substantial rise.

Of course, if we can all see that then the ones who can manipulate it will also use it to thier favour and either play into it or fake and trap.. Its gotto go somewhere though, can't keep going side ways

I have to admit that I'm a little suprised to see this red today considering where btc is at.. The market must really dislike it

Ex

"Anyone know if you can buy MARA and/or Riot from HL Stocks & Shares ISA? Thanks"

Yea you can buy them in HL ISA, you can also buy them in HL SIPP

No I don't think you'll get it back at 100p or there abouts... I think the market cap will increase so good fir the company but at the same time issued shares will increase, bad for the current PI.

If argo tries to raise 100 mil again I think it will fail as it proved it couldn't use the money effectively last tine.

I cannot see hiw arho will get enough money for growth without significant dilution, I don't even kniw what argos medium term strategy is anymore.

There are much better miners easily accessible through standard brokerages.

Unfortunatly Argo ruined itself.. So much money spent on Helios, our money. Then given away at a fraction of its costs.. Awful decisions by short sighted management.. If they would of done then share issue when I was banging on about it we would of been OK and actually would of owned Helios debt free and a good bunch of rigs.

But no, we got done and others benifited, there is nothing worth having about argo other than its a listed company so can raise funds relatively easily. There is nothing unique about it, it has no USP, given the capital I could replicate argo buy buying hosted mining contracts.

It just doesn't have any appeal, we needed Helios especially considering the mjney spent for the land and Building. All three is left now is fund raising to pay our way and maybe get some better hosting.

They blew it.

"MARA dropped like a rock from The Flintstones

Lots of speculation about the dip but I suspect the people who know are Fred and Abu Dabbi Do :-)"

I like it, That was actually quite clever.

Smart growth... A ridiculous notion, just a tag line.

How much was spent on Helios land acquisition and then Helios building construction?

Then how much was the fully derisked project sold to galaxy for (with a sitting tennent), how much will argo now pay galaxy for hosting.

Backwards growth not smart growth, quarters and years, being stoked and swimming pools.. The legacy that is argo.

The sensible thing to of done (apart from the share issue at the right time) would of been to mortgage all the assets and keep Helios.. Because now its back to its pre-Helios model.. What a catastrophic waste of our money.

What does argo have that other miners don't have?

Or is it now because it was over 100p once therefore it must go there again?

I wonder if Galaxy will feel so sorry for Argo and its utterly poor timing of selling them the crown jewels of they will give it back. Its like taking the kids ice cream away ha

Hardly the moon shot everyone has been wetting themselves over

Hardly the moon shot everyone has been wetting themselves over

"Share dilution at 2.5p would have been awful."

Of course, I wasnt suggesting it at 2.5p, it should have happened when argo was 100p+

It was costing too much but they had a massive amount of money to spend on a large shed on easy land.

There is nothing stopping me as a private individual buying some machines and getting them hosted.. In fact I could avoid it altogether and just buy some mining contracts whereby I rent the machines and hosting.

Just bad decisions...

"the de rampers are wasting there time . Argo are back and will re rate imo"

Based on what?

Helios is gone, now its have some machines hosted and hope for btc to rise.
If btc goes in a run then yes, the share price will go up, if it doesn't then what is left?

A loss making company with half burnt out 'assests'

They should have done a share issue to finance Helios outright, the shareprice wouldn't of suffered like it has done and we would of still had an asset (after perry's homebrew immersion gwts ripped out)... But no... Now argo will be rememberd for fixing up a swimming pool.. How did that go anyway?

How's it looking now for all those who bought in 18p recently with the nonsense ramping of 30p, 50p etc.

Quickest way to lose your money is to get impaled on a greed spike where you fear you will miss out if you don't just jump in.

"armature lol"

Noooo it's happened again, same friggin word.. Hahaha there were several posts about it when I did the same thing last time about 6 months ago.. Curse this rotten world.

Well done to those who managed to sucker in the armatures with their nonsense ramping at 18p, hope you managed to use thier gulablity to exit.

Prepare for the share issue

I've just installed a 3kw array as fence panels dividing the garden, white fence posts with perlight 415w black panels.. Looks pretty decent, obviously won't be any where near as efficient as a roof mount, correct angle system but it works and should have payback in 3 - 5 years providing the kids don't put a ball through them.

Self install, and needs notification to the dno. Anything above 3kw needs specific dno approval if it's on grid which they will lost likely delving without you paying for a a upgrade to a sub station.

Just wish I could run my miners off it to make a profit but gpu mi ing is so dead now.. The return literally isn't worth using up the silicon in the cards...I miss pow ethereum I was making some decent money, heating the house for free and it was fun... Curse technological advances.

"Even if SP doesn't increase, Argo could force it by buying senior notes.

Nothing stopping them from buying on the.open market."

Im sure most of us have seen it a few times atleast.. Start firing out positive rns' get the share price up and then pull the rug with a share issue.

It's just a matter of time or should I say, timing.