RE: Delisting27 Oct 2025 11:42
Wow, seems Argo holders are getting shafted again, this time the bond holders are also getting done over.
It doesn't look like a good deal for anyone except for Growler. ARBKL showing at 1.70 pre market, so already a 90+% drawdown. What a mess.
Forget Argo's rusty miners, they do have the one remaining facility which is worth more than Growler is contributing to the venture. A nice bit of business for them, and if they can turn the deal around fast enough they'll make multiples.