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Posts Categorized: Argo Blockchain
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Argo Blockchain – When the facts change I change my mind sir, what do you do?
The immortal words of economics and investment legend John Maynard Keynes spring to mind when it comes to the current situation at Argo Blockchain given the calling of an EGM to remove the 2 incumbent directors Jonathan Bixby and Mike Edwards. Argo was a research client of ours and we were one of the seed […]
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Argo Blockchain – strategy update confirms £10 notes being offered for £5. Buy
The strategy update announced this morning from Argo Blockchain contains no surprises to us. To continue to offer the MaaS (Mining as a Service as coined) in the face of the hurricane force winds that the crypto currency market has been experiencing this last 12 months made no sense. As we have suspected for some […]
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Argo Blockchain – Shares remain cheap despite exceeding expectations
By Richard Gill, CFA Shares in Argo Blockchain (ARB) had a good day yesterday, rising by 21%, after the cryptocurrency mining services provider announced a positive trading update. The headline statement was that since 1st October the total number of Mining as a Service (MaaS) packages sold rose from 4,200 to 10,325 as of yesterday […]
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Argo Blockchain – A potentially game-changing development
By Richard Gill, CFA Shares in Mining as a Service (MaaS) provider Argo Blockchain (ARB) slipped back yesterday despite the company announcing further progress on its ambitious growth plans. Argo listed on the Official List of the LSE on 3rd August, raising £25 million to develop a global datacentre management business facilitating cryptocurrency Mining as […]