Why this RNS is so good29 Apr 2021 10:56
Most of us had a pretty good idea what these numbers would look like.
Most of us have a pretty good idea what next week's numbers will look like.
The key for me is that there were no hidden surprises. All too often, firms publish results which reveal gremlins none of their shareholders were aware of.
In addition, Argo do listen to shareholders. Last year, many of us criticised the admin expenses, a focus group from this BB raised this with them and so this year they have addressed this. It's no coincidence that they highlight this as they have responded to shareholders' concerns.
(It's worth noting that the same focus group recommended a US listing to boost exposure and, hopefully the SP. That went quite well!)
Most other companies simply do not show this level of transparency and shareholder engagement. This is one of the many reasons I am more than happy to HODL a decent chunk of ARB.
Good luck fellow Argonauts