Member Info for Triggerboy

Qwerty...we saved £3m cash when we adjusted the order for kit in late Q3, and I think at that point everything was paid for. So unless I’m wrong £3m plus Q4 and Q1 income should get us very close to £10m but I’m to start sweep stake ?

Splatted...I think the problem is a lot of people don’t understand what ARB does and therefore the potential. I’ve been invested from IPO and added at every opportunity as for me I have only worry with its potential that BTC price one day collapses. However the more I see blockchain becoming main stream the less I worry. I believe we could see cash reserves at the end of Q1 approaching, if not over £10m at that point ii’s will sit up and take notice. But I also do think someone could swoop and buys us for peanuts !

I think March will be the crucial month for the SP if BTC can stay in $9k region and we have all the machines fitted...can we get above £2m for the month ? I think we wait for what happens at the AGM with regards dividends, more orders and the full year profit projection. Plus hopefully as BTC price movement ahead of halving.

Good update to wake up to this morning, I’m just hoping we stick with monthly updates going forward. I’d amazed if the last 500 machines don’t get fitted this month unless there’s delays getting them out of China at the minute.

Splatted totally agree with your last comment.......unless BTC flies not sure SP is going to budge much until mid Q2. Think when we see full year results with cash position, all new machines are fitted and we see affect on Q1’s profit. Then we will see a rerate. At this point it depends whether we’d return some profit to shareholders or go straight into expansion of more kit ? Then we have to see what happens post halving. I try not look daily but it’s hard but I’m more interesTed in top up opportunities.

Now over $9500 !!!

I agree post halving which is May that margins are total guess but I think in the next 5 months this will be producing significant cash....I suspect we had at least £4m on hand at the end of the year and based on current BTC prices we will clear another £4m in Q1. Everything paid for machine wise and cash reserves.

Bit surprised to see the drop this morning, BTC still above $9300, no news ? Just watched interview from proactive earlier in the week and just came on to do another top up based on what I heard. Weirdest share I’ve ever invested in....but even so remain confident

Nearly back to where it started today !!!

Think someone has made 10% this morning but on the volume hardly seems worth the effort....seen it a few times flys up then suddenly retraces over next 24 hours

Interesting just tried a dummy trade and couldn’t buy above £1k ? Wasn’t going to top up but wanted to understand how much of an increase I needed to get to original investment levels....just another 22% needed !!!

Interesting that the spread has narrowed to 6% usually always double figures so difficult to trade...my gut is this is another pump and we’ll see a retrace tomorrow. But hope I’m wrong ...

I think any BTC price around this level is great for us, hopefully some miners stay switched off as not efficient for them to produce and means we see a better margin than Q4. Hopefully our cash figure for Q1 will really wake up the market for a significant re rate.

This share has spiked before and I’m always a little cautious as been tracking for a year and have topped up a few times. Nothings changed from last RNS and only reason I can see for a few buys this morning is maybe someone knows an announcement is imminent. Otherwise if just the relaunch of GSN it’s not enough to merit a big jump.

Hi trek, I recall you mentioning this stock on ARB BB a while back, just been doing a bit of reading as someone I respect told me to buy a few of this one and he’s never been wrong ! What’s your thought on potential SP in next 12 months ? Just debating whether to go for more TXP or ARB or start with this one.

Let’s hope fidelity don’t just decide to buy little old Argo at these ridiculously low market cap

I’ve got a good chunk in BMN as well but beginning to get bit frustrated with lack of movement in SP wouldn’t dare say on that BB as the BMN mafia would be on you in a second for showing dissent ! But at minute don’t want to put all my eggs in one basket but never thought I would get such a big percentage holding in one company !

I think there will be enough cash reserve at the end of Q1 to do both...announce a dividend and buy more machines. Agree nothing else so far moved to SP significantly. I think a dividend will make people realise this is a profit making enterprise and not taking a punt on new tech.

I suspect the big buy last off was why stock was limited...hopefully prices doesn’t fly too high in the morning....

Lets hope so....news flow will only be the thing that drives the SP forward