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| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.35 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 0.35 | GBX |
Argos Resources (ARG) Share Charts1 Year Argos Resources Chart |
|
1 Month Argos Resources Chart |
Intraday Argos Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 27/12/2024 | 11:39 | ARG Argos Resources (Falkland Islands Oil & Gas Exploration) | 1,548 |
| 08/3/2023 | 12:57 | Argos Resources - Falklands Oil | 192 |
| 27/4/2021 | 10:29 | ARG...arghhhhhhhhhh a falling knife ! | 90 |
| 07/10/2015 | 13:37 | ARGOS NORTH | 59 |
| 16/5/2014 | 14:42 | Argos - undervalued falklands explorer | 29 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 27/12/2024 10:00 by shareho1der I have 1 million ARG shares. Does anyone know what it is worth in JHI shares |
Posted at 23/12/2024 13:29 by 2magpies Got the letter.I would have thought the Shareholders' Register would have been clear and accurate by now. Still, not much can be done at the moment. They cannot ascertain how many JHI shares each holder should receive, until they know how many ARG shares each one has. Quite likely the issue is regarding Nominee Accounts, or instances where Nominee holding(s) has/have been converted into certs, but the Nominee figure has not been amended (thus ? doubling up). In any case, the Registrar's record must be the definitive one, surely? |
Posted at 20/12/2024 11:06 by c2b (cont) It could be that it's a complication over shares that have been lent and shorted, but I would say that 1) the time for making claims had passed by the time of the time of the summary of the Administration dated 15th August 2024 and 2) what it says on the share registers gives title and should rule.Clearly the explanation for the delay is not sufficient and having sent out the form by which the creditors have agreed to the charges on the Administration, I would be furious if they attempt to take more charges at their rates up to £425 per hour.The main problem here is that the delays are preventing legitimate shareholders receiving information from and participating in the affairs of JHI. |
Posted at 19/12/2024 11:44 by c2b I think the letter from Opus is entirely unsatisfactory. If they are saying that the share registries are wrong, that is most serious and potentially a criminal matter. Have the police been notified? The letter gives no clue as to the scale of the problem, are we talking about 100 shares or millions of shares ? In any case the registries are the only legal proof of title and if someone's shares are not listed there then it up to the wronged party to take action against the persons responsible. |
Posted at 19/12/2024 11:28 by c2b Have now received letter to 'all known shareholders' dated 16th Dec 2024 Stating that updates will be given by the online Creditor Portalmyinsolvencyre |
Posted at 13/12/2024 14:50 by c2b I have today replied to the Administrator as follows:-Dear Zoe,Many thanks for your e-mail.Surely if this person cannot produce an authenticated share certificate, his shares are most likely held in the Company Sponsored Nominee (if there is one) or in a Nominee Account such as A J Bell for which you will have an aggregate record. It would then be for the various Nominees to divide up the shares according to their records. If the person cannot demonstrate title to you then he has no title.This Administration has taken a considerable period of time and it seems unreasonablethat shareholders should be denied their distributions, making possible sales and obtaining such things as probate extremely difficult.Kindly explain what evidence this person has provided you with to claim that he personally has title rather than possibly his nominee.Many Thanks |
Posted at 13/12/2024 14:47 by c2b Have received this e-mail today from the Administrator:-Many thanks for your email. We have had an issue raised by a shareholder as to their shareholding, which we are unable to locate on the share registers provided to us prior to our appointment. We are unable to proceed with a distribution without rectifying this matter. I am unable to share a timeframe as to when this will be rectified at this juncture. Should you have any further queries, please do not hesitate to contact me. With kind regardsFor and on behalf of Paul DavisJoint Liquidator Zoe NelseyAssistant Manager D: +44 (0) 1908 087 222M: +44 (0) 7736 972 268E: zoe.nelsey@opusllp.c |
Posted at 04/5/2023 13:19 by bensdad2 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. |
Posted at 04/5/2023 12:30 by c2b 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. |
Posted at 04/5/2023 09:40 by tuna hunter 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. |
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