Member Info for Wmsjames

Completely agree here, in a perfect storm, keep BTC under 9,500 for a few months and difficulty to drop considerably and then BTC rises rapidly for a prolonged period but difficulty only increases slowly, giving the ARB

Lots of buys and sp doesnt move

Should be a good day , especially after our competitors results .

So HUT8 made a EBITDA loss of £445k for the first quarter, and ARB per my figures , EBIDTA was £2.2million PROFIT

What are HUT8 valued at and What are ARB valued at

I think this is the impact of the seller/s and being listed in the UK. If we were listed in Canada, our market valuation would be 10 times higher.

ARGO need to get the PR train fired up and everyone abroad, 2020 is survival of the fittest for miners and we are clearly one of the most efficient miners in the world.

So HUT8 made a EBITDA loss of £445k for the first quarter, and ARB per my figures , EBIDTA was £2.2million PROFIT

What are HUT8 valued at and What are ARB valued at

So HUT8 made a EBITDA loss of £445k for the first quarter, and ARB per my figures , EBIDTA was £2.2million..

What are HUT8 valued at and What are ARB valued at

SD - you are right , seller is finally out 1.8 milion shares gone through ..

top up and rerate time

Hi Tomhuk2000 - i think we will, but who knows with I3E.. Harel what do you think ?

Great Post Harel - i completely agree with your post.

If this bullish run on BTC continues, Argo will be in a fantastic position to maximise profits during unprecedented times. We know the business isnt at present affected by Covid19, we have just received another 1,000 machines to add to the other 17,000 new machines and our power source is one of the cheapest on the market.

When you compare Argo to its competitors, who all have large debt and older machines., this is going to be a great year.

I know the margin of 38% for April, underwhelmed a lot of us but when you compare the average BTC value for the month and the level of difficulty , Argo did very well to achieve 38%, especially at Riot Blockchain reported a 9% margin. Difficulty will remain high into May, but like most investors on this BB, we expect a lot of miners to switch off very shortly., so difficulty will drop.

Increase in BTC value and drop in difficulty is the perfect storm for Argo

Sorry ignore 'and i'

Shandypants2 - i still havent got around to writing a detailed post, i joined the ARB Investors group - at first i thought this was a dump and pump group, but it isnt . I understand groups arent for everyone, but i have to admit its a very good group, very knowledgeable investors and i

Are you interested in joining?

Fuse7- Have Peel sold any yet, I cant see them selling under 4.

Dan - i do find it odd that 99% of your posts are focused on this one company, a company you dont have shares in.

Dan - just an opinion, like when u said oil will be over $40 dollars tomorrow

Shaddypants - just wanted to say thank you for your informative posts, i will write a more detailed post, when i am not home schooling, but thanks again for sharing your balanced views.

you sure spikey, it is spiking

i knew spikey would buy eventually..

SD/Splatted - what’s your predictions for April figures and margin ?

I agree, the business went through a tough time with Timis, its a new year, new team and brand new machines.

The accounts do say, administration costs will be lower this year