RE: Tec9 Nov 2023 22:13
Argentex (LON:AGFX) -STOCKOPEDIA comments
Paul’s opinion - shareholders need to be told what’s going on. I think the Chairman should now feel obliged to be open and honest about why the company has lost both its CEO and its CFO in rapid succession. Obviously shareholders are going to be worried, and it’s not right to leave the owners of the company in limbo like this.
The last balance sheet looks OK to me, so solvency doesn’t seem to be an issue, unless there’s been some calamitous breakdown of internal controls/IT? That would be my main worry for risk, in a company that has large flows of money in & out.
We need answers, pronto!