Results: ARB

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What’s Argo Blockchain hiding in its latest monthly update?

At the start, the February update from Argo Blockchain (ARB) looks like all the other monthly updates up until December. It gives the number of bitcoin mined, an excuse for why it is a piss poor number and then the number of bitcoin equivalent held at the period end. And then….

By Tom Winnifrith
2023-03-07 12:32:08

NEWSFLOW

Argo Blockchain (#ARB) – “February Operational Update”, emphasises “mining revenue” rather than any bottom-line financials. Wonder why?!

2023-03-07 07:55:27

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Argo Blockchain is uninvestable says broker Fiske

I explained why I expected Argo (ARB) to go bust during 2023 yesterday HERE after scallywag CEO Peter Wall jumped ship. I am not to the only bear in town. Jeremy Smith of broker Fiske does not hold back, opining:

By Tom Winnifrith
2023-02-10 12:47:52

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Argo Blockchain’s Disgraced Peter Wall walks the plank with immediate effect: more red flags vicar?

The man who sold £3.5 million of shares at 243p AFTER sounding out folks about a placing which took place a few days later at 200p is gone. Yes, Peter Wall the CEO and ( for 18 months) “interim” chairman of Argo Blockchain (ARB) has announced his resignation with immediate effect.

By Tom Winnifrith
2023-02-09 08:17:26

NEWSFLOW

Argo Blockchain (#ARB) – boss Peter Wall “stepping down… to pursue other opportunities”!, NED Sarah Gow “resigned… due to health reasons”

2023-02-09 07:59:59

NEWSFLOW

Argo Blockchain (#ARB) – “January operational update”, no bottom-line financials but a class action lawsuit filed against it

2023-02-08 07:59:59

NEWSFLOW

Argo Blockchain (#ARB) – CFO Alex Appleton resigns “to pursue other opportunities” (presumably ones with a better financial trajectory than Argo’s!)

2023-02-01 07:58:59

NEWSFLOW

Argo Blockchain (#ARB) – for now regained compliance with Nasdaq minimum bid price requirement

2023-01-23 07:55:45

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Argo Blockchain woeful December update & things can only get worse!

Oddly, Argo Blockchain (ARB) has only now disclosed that its Helios bitcoin mining facility in Texas (now sold) was shut down by bad weather for most of December. Normal companies might have mentioned it at the time but since when did disgraced CEO Peter Wall give a FF about the rules?