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ARG Argos Resources Limited

0.35
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argos Resources Limited LSE:ARG London Ordinary Share FK0114538241 ORD 2P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Argos Resources Share Discussion Threads

Showing 5176 to 5195 of 5200 messages
Chat Pages: 208  207  206  205  204  203  202  201  200  199  198  197  Older
DateSubjectAuthorDiscuss
27/12/2023
19:14
I have heard nothing not even what allocations are!
geavsie
07/12/2023
09:37
Has anyone received their JHI shares?
shareho1der
30/6/2023
17:12
Game over lol
taxibabe
30/5/2023
21:31
Nobody likes to be an unquoted vehicle
taxibabe
30/5/2023
09:55
Could consider the situation as a cheap way into JHI possible!!
bob alan
30/5/2023
09:33
Its obviously gone through, hence the price.
taxibabe
26/5/2023
07:46
So decision day at 5pm in the Falklands (why so late?) 9pm our time, ahead of a Bank Holiday here, so when do we get to hear if this has gone through, and if it hasn't, what happens next?
c2b
04/5/2023
14:14
Not many holding 1,000,000 shares here too volatile
pirates4
04/5/2023
13:19
To work out the likely value, isn't it easier to read the R.N.S. That suggests that JHI values, its own shares at $0.71 per share, and states that the deal is worth about 2.23p per Argos share.What we do not know is the level of other liabilities. If there were none, the shares should be worth about 2.23p each. The RNS only refers to certain creditors who are to be paid in JHI shares, leaving 8M for Argos shareholders.Has anyone done the research to establish the level of other liabilities.
bensdad2
04/5/2023
12:30
But most of that $43m is not in the company now, nothing's earning in the company now, and just because someone paid large sums of money for shares in a company a few years back, that doesn't signify anything if it's now 'Money Sunk and Lost'. Case in point:- Tens of millions have gone into Argos at share prices multiples of today, and it paid for Seismic that showed targets equally as good as next door Rockhopper, all to no avail if you can't get the money to drill it, and if the backers you do get back out.
c2b
04/5/2023
12:30
it's not because jhi is private and shares arent tradeable on a market. but as an investment, better than arg as they have the clout and finance to get the assets moving forward. they will no doubt float in due course to materialise their assets
tuna hunter
04/5/2023
12:26
If JHL shares is £1.50 per share.ARG shareholders will have 8m x £1.5 = 12m.Therefore, ARG should now be trading at 12/220 = 5.45p
shareho1der
04/5/2023
12:12
pirates



8,000,000 in exchange for 213,000,000 shares


JHI sold a stake back 2021 for $2 per share

www.oedigital.com/news/488764-eco-atlantic-joins-exxonmobil-s-canje-block-off-guyana

so if you have 1,000,000 arg shares, you will get 38,000 JHI shares

even if JHI shares are worth say $1.50, then your stake in JHI is worth $57,000


they are churning out $43m+ profit (that was a few years ago... it'd be nearly double that now)

markets.ft.com/data/announce/detail?dockey=1323-14680916-6HSSS4PUSC9682MC7HBUI8DHUA

tuna hunter
04/5/2023
12:01
8,467,820 JHI Common Shares Compared to 213,000,000 outstanding in ARG.Not much to had out, if ARG are cancelling their shares.
pirates4
04/5/2023
11:31
So why aren't the ARG announcements telling us that ?
c2b
04/5/2023
09:40
from another board : if you guys do the calcs, JH Assoc. have paid quite a hefty sum... certainly way more than the current market cap of ARG. ARG shareholders are getting a slice of JH Assoc super cheap. The company makes $40m+ profit / annum. Last time they sold shares in the company to another outfit, the price was c£1.60 per share. This deal values the ARG shares at 4p.
tuna hunter
03/5/2023
08:36
Another lesson is don't be as negative as this guy in life and you'll be fine :D VAST will get your losses back today ;)
g2theary
08/2/2023
20:11
46% spread......crazy
markymar
02/2/2023
08:58
The old Falklands oil game
Never fails to lure in the punters
Never fails to fleece them

volsung
30/1/2023
12:21
Yes it does feel like PI's will get shafted here as the private entity will be untradeable (unless they list and if they had wanted could have reversed into ARG). How do PI's get any money out of a Private Canadian company.

I'm assuming ARL refers to the limited company not the LSE ticker ARG.

Anyone have an upto date list of major shareholders? PI's could vote against it but im sure they set 75% vote knowing they have the numbers.

FH

flyinghorse1
Chat Pages: 208  207  206  205  204  203  202  201  200  199  198  197  Older

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