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Argo Blockchain plc (ARB.L)

LSE - LSE Delayed price. Currency in GBp
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11.75-0.45 (-3.69%)
At close: 4:44PM GMT
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  • g
    gibbo205
    Flying here, huge gains to come! DYOR!
  • Y
    Yahoo Finance Insights
    ARB.L is up 15.00% to 3.45
  • Y
    Yahoo Finance Insights
    ARB.L is up 8.14% to $3.92
  • Y
    Yahoo Finance Insights
    ARB.L is down 13.51% to $4.00
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $2.75
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $3.25
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $3.16
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $3.11
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $3.01
  • Y
    Yahoo Finance Insights
    ARB.L reached an all time low at $2.95
  • A
    Adam
    At the moment market cap is 24M
    According to latest operating update 163 bitcoins has been generated in July.

    163 x 9.400(approx) = 1.532M £ (approx)
    1.532M x 12 = 18.384M and it is 76% of actual market cap.
    8 pence a share looks more like liquidation quote not a fair share price.
    CEO mentioned we should to expect capacity to increase by 296% over next 6 months.
    IMHO fair price now would be 40 to 50 pence and 1.2 to 1.5 pound a share in next 6 months.
    Any thoughts? I don’t mind criticism but please show me your work.
  • A
    Adam
    BTC is going up since beginning of the year and ARB is going nowhere. Pathetic.