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The Flop that is the Argo Blockchain Bond issue – what does that say about the equity other than SELL MOTHERS!

By Tom Winnifrith, the Sheriff of AIM | Thursday 18 November 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

What were the actual net proceeds of the $40 million 8.75% bond issued by Argo Blockchain (ARB)? And why does the shareholder register stink? Let us start with the bond.

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