Post
Topic
Board Securities
Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]
by
stabs
on 07/03/2014, 20:32:03 UTC
IMHO, this means we are undervalued, because COG has value in a lot more than just our assets - once the miners are working, they are going to more than break even, which means the divs paid over the next few months are likely to exceed the current share value - plus the hardware can still be sold then (for a much smaller amount, but for something nonetheless) which can be invested in more hardware as well.

I plan to continue to hold COG and if the share price goes much lower I will probably buy even more, even though COG is already a larger part of my total portfolio than a strategy of diversification would like.

I agree with your assessment except all of the additional value has to be upheld by Garr.  If the transparency doesn't keep moving forward and mining, power, etc. issues continue then we should not be valued anymore than the assets we hold.