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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Argentex Group Plc | LSE:AGFX | London | Ordinary Share | GB00BJLPH056 | ORD �0.0001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.045 | 1.83% | 2.50 | 2,550,567 | 16:35:24 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2.43 | 2.50 | 2.48 | 2.47 | 2.47 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security,commodity Exchanges | 50.3M | -1.3M | -0.0108 | -2.30 | 2.96M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:24 | UT | 116 | 2.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 20/6/2025 | 11:13 | UK RNS | IFX (UK) Ltd Form 8 (DD) - Argentex Group PLC |
| 20/6/2025 | 10:09 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 19/6/2025 | 12:02 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 18/6/2025 | 12:02 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 17/6/2025 | 09:52 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 16/6/2025 | 09:19 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 13/6/2025 | 12:06 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 12/6/2025 | 11:57 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 11/6/2025 | 15:35 | UK RNS | Argentex Group PLC Result of AGM |
| 11/6/2025 | 13:37 | UK RNS | Argentex Group PLC Replacement: Result of Court and General Meeting |
Argentex (AGFX) Share Charts1 Year Argentex Chart |
|
1 Month Argentex Chart |
Intraday Argentex Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/6/2025 | 09:01 | Argentex | 1,293 |
| 29/12/2023 | 18:01 | Argentex, the bespoke service-led FX solutions provider | 1,337 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 22/6/2025 09:20 by Argentex Daily Update Argentex Group Plc is listed in the Security,commodity Exchanges sector of the London Stock Exchange with ticker AGFX. The last closing price for Argentex was 2.46p.Argentex currently has 120,429,055 shares in issue. The market capitalisation of Argentex is £2,986,641. Argentex has a price to earnings ratio (PE ratio) of -2.30. This morning AGFX shares opened at 2.47p |
Posted at 10/6/2025 06:10 by m1sterx There will be counter offers, why are the current board so happy to recommend the lousy IFX £3m takeover when AGFX were previously valued at £100m.There is no premium in the current share price to account for new offers, those who have sold out for sub 3p may well regret it. |
Posted at 06/5/2025 12:12 by cambridge130 a white knight?! More like the black knight in the Holy Grail LOL !'Tis only a flesh wound ! (after 95% of the share price has been lopped off !) LOL |
Posted at 06/5/2025 09:59 by eagle eye That's a stupid question IMHO.Done deal 2.49p and share price 5p bid? Sell out as fast as you can!! |
Posted at 25/4/2025 13:57 by masurenguy Recommended Acquisition of Argentex Group plc by IFX (UK) Ltd to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006Summary · Following the announcement from Argentex Group plc ("Argentex") on 24 April 2025 and the commencement of an Offer Period with respect to Argentex on 23 April 2025, the boards of IFX (UK Ltd) (trading as IFX Payments) ("IFX Payments") and Argentex are pleased to announce that they have reached agreement on the terms and conditions of a recommended cash offer by IFX Payments for the entire issued and to be issued ordinary share capital of Argentex (the "Acquisition"). · Under the terms of the Acquisition, Argentex Shareholders will be entitled to receive for each Argentex Share 2.49 pence in cash (the "Consideration"). The Consideration values the entire issued and to be issued ordinary share capital of Argentex at approximately £3m. The Argentex Directors unanimously intend to recommend the Acquisition. · Irrevocable undertakings to vote in favour of the Scheme have been received in respect of an aggregate of 70,161,376 Argentex Shares representing 58.26 per cent. of the existing issued ordinary share capital of Argentex as at 24 April 2025 (being the last Business Day prior to the date of this announcement) ("Latest Practicable Date"). Accordingly, the Argentex Directors intend to recommend unanimously that Argentex's Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions to be proposed at the General Meeting as the Argentex Directors who hold Argentex Shares have irrevocably undertaken to do in respect of their own beneficial holdings (and the beneficial holdings of their close relatives and related trusts), being, in aggregate, 10,113,677 Argentex Shares (representing approximately 8.40 per cent. of the existing issued ordinary share capital of Argentex) as at the Latest Practicable Date. It is intended that the Acquisition will be implemented by way of the Scheme (although IFX Payments reserves the right to effect the Acquisition by way of an Offer, subject to the consent of the Panel and the terms of the Co-operation Agreement). The terms of the Acquisition will be put to Argentex Shareholders at the Court Meeting and the General Meeting (which is expected to take place immediately following the Court Meeting). The Meetings are required to enable Argentex Shareholders to consider and, if thought fit, vote in favour of resolutions to approve the Scheme and its implementation. In order to become Effective, the Scheme must be approved at the Court Meeting by a majority in number of Scheme Shareholders, present and voting (and entitled to vote), whether in person or by proxy, representing 75 per cent. or more in nominal value of the Scheme Shares held by those Scheme Shareholders. The Scheme also requires the passing at the General Meeting of the Resolutions. Following the Court Meeting and the General Meeting, the Scheme must also be sanctioned by the Court. The Scheme is expected to become Effective during the second half of the calendar year 2025. Commenting on the Acquisition, Nigel Railton, Chairman of Argentex, said:"This has been an extremely challenging last few days for Argentex but following swift action by the Board and its advisers, we believe that through the Acquisition we have secured the best outcome in very difficult circumstances for Argentex Shareholders." Fortunately, whilst on my watchlist, I have no position here. Commiserations to shareholders. |
Posted at 17/4/2025 10:24 by eagle eye Offer price of 42p was due to a 100K seller at 8am.This was filled at 8.26am and the share price is now 42.5-44.3p |
Posted at 22/1/2025 21:14 by smithie6 (ali47fishbtw. why would MMs give the quoted price range as 40.6-42.6 if the trades are happening at 41.2-42.3 ? imo a) if the price is moving up & a lot of buy trades have gone thru ....a bigger spread (~5%) puts off some possible buyers from buying, giving the MMs a better chance to receive some sell trades to balance up their books. b) imo, a possible seller might see the quoted sell price of 40.6p, & when he gets quoted 41.2p he might think it is a great deal & confirm the sell trade, & perhaps sell more shares than he would otherwise. ---- but of course reading the intraday chart for price & volume etc, can be very unreliable, MMs are usually experienced experts (who get sacked if they lose money !!) who might move the price up or down etc etc to suit their needs, not the needs of a share buyer/seller. oh, & for some shares the shares might be traded on another mkt, eg. Aquis. A MM could then put all sell trades through the AIM mkt & buy trades through the Aquis mkt. Virtually no one ever looks at trades happening on Aquis mkt. Ppl looking only at trades on the AIM mkt would think that only sell trades were happening, which might worry them & encourage them to also sell. While in fact the MM might be doing buy trades thru Aquis. ...MMs are allowed to play lots of games, including buying shares for themselves ! (& yes, for that they want the price to be low) (To move the price up or down, just do the last trade of the day, moving the price up or down as you want. If repeat every day, the price for illiquid shares can be markedly moved) |
Posted at 22/1/2025 11:47 by smithie6 re-posting part of my post 1079 since I think it is still relevant info"So, I make the NAV, end of June '24, as £52m, or £50m NTAV if you subtract £2m for the intangible assets. (noting that I have removed the lease costs for future years, as explained in this post). NAV of £52m versus a cap. value £46m according to ADVFN. Or £50m NTAV versus a cap. value of £46m. cheap as chips imo despite the rise from 28p/share to 38p/share." ----- & updated for the share price of ~42p for a cap. value of ~£50m 'So, I make the NAV, end of June '24, as £52m, or £50m NTAV if you subtract £2m for the intangible assets. (noting that I have removed the lease costs for future years, as explained in this post). NAV of £52m versus a cap. value of ~£50m @42p/share Or £50m NTAV versus a cap. value of ~£50m. cheap as chips imo despite the rise from 28p/share to 42p/share' ======= And of course the takeover price for AGFX (from WISE, Revolut, buyer of EQLS or other companies) has gone up imo due to obtaining licences in recent months/years in Holland (which surely gives trading access to other EU countries), Australia & Dubai. |
Posted at 13/1/2025 12:28 by smithie6 (looks to me like good solid healthy share trading at the momentafter a ~10p share price rise (~33%) from last week the share price is relatively steady at the moment & 20-40k blocks of shares being sold & also bought. With sell trades going thru at ~37.9p & buy trades at ~38.3p (a small spread at the moment; hopefully infers imo that MMs think the buy & sell volumes are about balanced & they don't expect a sudden drop from here, or they would have a wider % spread to protect themselves vs any losses from that happening )). (fingers crossed that (as someone posted) sell trades will get mopped up as the price rises as some ppl might top slice or sell all their shares.....before then continuing higher. Time will tell. Anyone that bought last week at 29p makes a good quick % profit if sell at 38.3p. But 'if' the price then moves up over coming days/weeks then they miss a good bit of profit). |
Posted at 12/1/2025 17:39 by smithie6 ....its not very important now (as long as the renumeration committee has changed its members & capable of learning from that past mistake & avoid repeating it----- any bonus should, imo, 'perhaps' reward a notable increase in the eps averaged over 3 years, where there is confidence that it is an on-going improvement & also that it is due to the dirs that get the bonus & not just due to external factor (which will often go up, & down.....& dirs shouldn't get a big bonus for that, imo) bonuses should also take in to account not just averaged eps but also changes such as nett debt, since if dirs. improve the eps by taking on excessive debt it infers massive risk, & that should not be rewarded. But I have zero hopes that the bonus schemes of UK listed companies will be wisely created, unless a wise rule book is introduced & that currently looks impossible. Anyway for AGFX I understand that there are no share options in place since they were all deleted in 2024. And any new options (likely to be announced in coming weeks/months imo) will hopefully have 45p as the exercise price (price of last cash raise) & shareholders would imo happily give some reward to exec dirs if the share prices rises up above 45p. (with any options based on an exercise price of 45p, imo). ---- Existing cash bonus scheme for exec dirs. The '23 AR says it is discretionary, decided by the renumeration committee. |
Posted at 11/1/2025 13:21 by smithie6 I'm not an agfx expert.The company has a product or product set called "Alternative Transaction Banking product" in the accounts, (& we know it is multicurrency, I think/assume). And the co. can provide clients with their own Euro Iban account number via their licence in Holland. ..but AGFX is for big clients rather than for Joe Bloggs in the street (which is included in the target market for Wise & Revolut). So, is the AGFX product set essentially competing with companies like Wise, Revolut & Equals ? Or does AGFX provide important products that Wise-Revolut-Equals do not offer ? If AGFX is competing head on with Wise-Revolut-Equals what are the advantages (or disadvantages) of the AGFX service to clients vs the Wise-Revolut-Equals offer ? (Equals used to be called Fair FX I understand & from the little I know it also widened out its products suite, as AGFX is; & Equals' shareholders have recently voted yes to a takeover over for Equals at ~140p/share I think). |
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