Argo Blockchain PLC (ARB)

124.00
-7.50(-5.60%)
  • Volume:
    4,218,183
  • Bid/Ask:
    126.00/127.00
  • Day's Range:
    124.00 - 136.00

ARB Comments

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  • I thought it was interesting that Peter said he decided to exercise options based on his family's finances. Then a week, or so, later he decides to get his salary in Bitcoin. I'm all for the Bitcoin idea, but that leads me to believe your families financial situation is just fine without your salary. So, did you really exercise options because of family finances, or was it actually because you knew you would be diluting the share structure in a few weeks? They still haven't secured that credit line, so any big hiccups in the meantime and they may have to dilute again. Hopefully that won't happen, but its a possibility. Good thing they listed on the OTC and created a bigger ATM. I'll keep an eye on this, but I see no urgency to buy. Especially when there are so many other things that have the potential to make so much more in the short and long term, We shall see.
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    • Totally, I sell the day they announce the dilution and a few day later they did one more. It is too much in very short time. I will keep an eye and open to other miners in mind.
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    •  I sold half my position. I'm on the fence about selling the other half. I'm definitely not adding at this point.
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    • Very sound points. I can;t argue with any of them
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