Member Info for TheProphet

40m shares and nobody knows how many have been sold as nothing has been officially declared. He is supposed to declare every 1% drop from his 14% down!

As a few of us have been saying for weeks, this aint going anywhere with a huge background seller!
Its not rocket science peeps!

Patience is required.......

The MMs don't know where to pitch it
230-250 currently

I think that’s my point!
This is a base minimum share price of £3.50 so I believe for fair value that’s where we should be now, then anything factored in for the huge potential takes it higher.

If you do what the big boys will do and remove the emotion these figures will get digested over the next few days,
£6.57m @ 84% is £5.51m
X 12 for the year = £66m profit
X 20 for fair forward looking earnings ratio compared to its peers = £1.3bn
Divided by 381m shares = £3.48 share price

Morning all,
If you are growing a business and looking for more and more investors, the best way is have increasing revenues with fantastic (quite ridiculous) margins, and we have that.
Awesome results! 84% is absolutely nutz
Now hodling a very nice stash and growing fast!

Now get us on Nasdaq so these results can be properly appreciated

Tp

I do fear that tomorrow, this bb will be filled with posts saying
“Fantastic results but why are we still only at £2.40?”, “I thought we’d be £3 by now”, and such classics as “bloody MM’s manipulating the price again”!

The results will undoubtedly be record breaking as new machines have come on line and BTC has seen higher record averages for the month. The figures will take time to digest, so try not to be too disheartened when the rocket doesn’t launch straight away. In fact be prepared for the “ buy the rumour, sell the news syndrome” and we actually drop.

Hyped up news days hardly ever deliver what people expect in terms of market performance, and the traders sell out and move on anyway.
I hope I’m wrong of course!!

That'll be £12.50 x 2, thats Halifax's standard trading fee per transaction. Soon to change I believe.

235-240

GL everyone

Morning
I do think expectations need to be controlled a little, otherwise there will be disappointment, when there should be joy.
The figures will be great, but lets not get carried away.

Revenues of $8m would be fantastic, along with strong margins. Bitcoin was $54k average in March, so that obviously helps

“ The former bucket should be a bit careful and understand the "frustrations" of the later. We are all in this together, hence objectivity matters!”

I think the above is very true. It doesn’t matter when you bought and how many you hold, it’s the future investors that matter now. The price is not going to rise unless people are happy buying at this price and a lot higher.
That’s just the way it works!

a. The price of Bitcoin? $250k
b. The Argo M.Cap? 6 billion
c. The Argo share price? £23
d. How many placings between now and 7th Sept. 2024? 5

Omg, you’re all at it....you need a mc of 8.7bn for £23 share price at 381m shares never mind another 5 placings!

Errr, you must be bored and by the looks of it, Argo did their 5 placings in the negative ie they bought them back according to your figures???
As 4bn market cap with only the shares outstanding now would be only £10.50 any more shares through placings and it would be even lower!

But thx for sharing :)

BTC average from March 1st to March 15th approx $52k, and from 16th March to 31st it was average of $56k,

The figures will be another good piece of news, showing good progress but helped incredibly by the fast increasing price of bitcoin.
Revenue and margins are key, and with the monthly average price of bitcoin being just under $54k for March, I'm going for $8.1m rev, 150 btc, 88% margin. Thats a fantastic monthly profit of $7m

Don't agree. $60k isn't coming just yet. I thought it might, but the whales are selling heavily on anything close to 60k for some reason, mainly I would imagine to thrash out very leveraged long positions, as they get destroyed on the sudden drop, and then they pick up the cheaper prices each time.
It will happen over the weekend I think

As an "open forum" all investor opinions count, it is for discussion, and people will always have differing views.
I too said at the time, I did not like the selling of their shares, like others, it sends the wrong message when you want investors to invest, no matter if people feel they deserve to take rewards etc, it's about appearance, and they underestimated investor sentiment.
I have been invested in many shares where the directors buy and the price rises because of that confidence, so it is not surprising that their selling actions along with dilutions have affected future investor potential, and have possibly helped stagnate the price recently. Although I personally think thats mainly down to some background selling of a huge holder, which is not yet finished...

My view of the above didn't change my belief in bitcoin or this company and as such I have invested 1/4million £ here, but it also doesn't mean I believe all their actions are correct. Its just an opinion

Anyway, heres to a better month!!

Not a bad month this year after all as it turns out!
And now we can turn our attention to one of the biggest and bullish months in history for Bitcoin.

I wouldn’t want to try and predict end of April prices, but I think it’s fair to say both BTC and ARB will be considerably higher than they are now.

Heads down, buy the dips and HODL.

Now of course this is my completely biased opinion, but watching that interview, Peter can't say the word "Nasdaq" without smirking! Its like a nervous twitch :)

Incredible buying demand!
I've been out all day so haven't seen the action, but it just shows the demand for bitcoin to see it bounce straight back up after that whale sell this morning, dropping by $2000 in few seconds.
Makes me even more bullish that BTC and Arb are going much much higher!