Argo Blockchain – General Meeting resolutions passed
- 2026-01-16 07:45:42
UK 06:22 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Just when you think that Argo Blockchain (ARB) will give up the ghost and die there is another update and its lingering share price death continues. Todays update is a horror show.
The other day I explained, again, why, in a best case scenario, shares in Argo Blockchain (ARB) were at least 90% overvalued. Today more bad news for those who insist that they know better than old TW. Argo says that Jim MacCallum has been terminated from his role as Chief Financial Officer with immediate effect.
“Oh dear, oh dear” as disgraced ex share tipster and Asil Nadir fanboy Mike Walters would say as yet another one of his tips imploded. Walters would have loved Argo Blockchain (ARB): floated by proven wrong’uns, multi million dollar stinking related party deals, cash guzzling, drowning in debt, perennial promises of jam tomorrow: it would have ticked all his boxes. Today there is more bad news.
The diary date is August 29 which is, by my sums, now just over seven working days away. At that point, in the best case scenario for the idiots still holding shares in Argo Blockchain (ARB) at 2.15p there will be massive reality check. It could come sooner.
I told you that this was a free money slam dunk short a few days ago but a few folks thought that they knew better than old TW and what was printed in black and white in a frigging RNS! Now for the Sage of North Yorkshire and others there is some more bad news!
Yes I know the bitcoin price has moved up sharply, Dominic Frisby reminds us of this about seven times a day. And that is why morons are putting 2 and 2 together and making 57 so buying shares in Argo Blockchain (ARB). They are quite literally mad to be doing so. At 3.55p the market cap is c £25 million but Argo has already told you quite explicitly that the shares are almost worthless. If you can short this, it is free money.
I believe that Argo Blockchain (ARB) is, and has been for a while, a technically insolvent POS run by scoundrels and that its shares are worthless, as I noted here the other day. And Liverpool’s greatest numbers man since Ken Dodd (and that other honourable scouser with a line in financial matters Mr Derek Hatton) agrees with me. Evil Banksta has a couple of questions for the FCA and opines:
Oh dear, oh dear as disgraced ex tipster Mike Walters would say as yet another of his duff tips went horribly Pete Tong. Mike would have loved Argo Blockchain (ARB): dodgy management, strange related party deals, burning cash, an insolvent balance sheet, the historic involvement of known associates of convicted fraudsters, it would have been right up Mike’s street. Today Argo warns that its shares will be suspended tomorrow morning. Ooops a daisy.
