All aboard26 Jan 2021 21:21
Good evening all,
It's been an exciting couple of months in Argo!
Unfortunately we had the misfortune of placing news (excellent news even if not all understood just how good a deal it is), some warrants (more money in the coffers to pay for running costs and allow us to HODL more) and BTC having a retrace from ATH. These combined have seen the SP take a kicking which was massively overdone and saw some people get burned sadly due to their very short term view/strategy. We are still at the beginning of the Bullrun and whether you see $50k - $100k -$400k on the horizon, we know this is going up, up and up!
Naturally, I can't give advice and everyone has different circumstances, but I am holding long and strong and getting ready for when this really takes off and gets another re-rate. For transparency I sold 50k a couple of weeks ago to put some money in the bank but have since bought them all back and more in the dip.
Peter Wall and team are doing a simply fantastic job and there's more in the pipeline. We should hear about the GPU deal soon and that will cut our costs so out market leading (by a long way) margin will be even greater. I am hoping to see the SP over $2 so we meet the criteria for Nasdaq. There's no guarantee we will go for that listing but I sure hope so and we can get access to the US investors proper.
I can't wait to read the January results in the next week or so and for the market to realise just how undervalued we really are.
Lots of new names on here but a few of the diehards who were with us when we saw some drops and years/months criminally undervalued. This will all come good, the upside is enormous!
Health, happiness and wealth to you all,
Torham
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