Correct, there is a good likelihood that the deal falls through in which case it will be instant administration and complete loss of funds for all shareholders.
Correct, there is a good likelihood that the deal falls through in which case it will be instant administration and complete loss of funds for all shareholders.
Argentex got caught on the wrong side of their dollar trade and are in terrible shape, hence the lowball deal that was done at 2.5p.
There is no money to be made here. Worst case, the deal falls through and they go straight into admin.
Dont believe others who are trying to ramp this dead duck, they are only doing it because they are stuck in here at much higher prices and would rather you carry the baby.