ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

ARG Argos Resources Limited

0.35
0.00 (0.00%)
13 Dec 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 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) Latest News

Real-Time news about Argos Resources Limited (London Stock Exchange): 0 recent articles

Argos Resources (ARG) Discussions and Chat

Argos Resources Forums and Chat

Date Time Title Posts
14/12/202423:03ARG Argos Resources (Falkland Islands Oil & Gas Exploration)1,524
08/3/202312:57Argos Resources - Falklands Oil192
27/4/202110:29ARG...arghhhhhhhhhh a falling knife !90
07/10/201513:37ARGOS NORTH59
16/5/201414:42Argos - undervalued falklands explorer29

Add a New Thread

Argos Resources (ARG) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Argos Resources (ARG) Top Chat Posts

Top Posts
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.comLI: Zoe Nelsey | LinkedIn
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 12:30 by tuna hunter
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
Posted at 04/5/2023 12:26 by shareho1der
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
Posted at 04/5/2023 12:12 by tuna hunter
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
Posted at 04/5/2023 12:01 by pirates4
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.
Posted at 04/5/2023 11:31 by c2b
So why aren't the ARG announcements telling us that ?
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.
Argos Resources share price data is direct from the London Stock Exchange

Argos Resources Frequently Asked Questions (FAQ)

Your Recent History

Delayed Upgrade Clock