RE: Loan notes arbkl paying 161 % now16 Nov 2022 10:38
HC, from the last rns
"Argo is continuing to engage in financing discussions, as announced on 31 October 2022, and will update investors in due course."
The last rns which was eight days later, sounded very different from the 31st October RNS.
I'm not saying arb won't go under, any company can fold, what i'm saying is it ain't happening in the next 12 months at least.
This is the sequence of events I think will proceed. We will get a Q3 rns, then a directors buying rns and then a loan agreement rns.
I am still very confident, as said earlier, a company looking towards bankruptcy doesn't pay off the Galaxy loan.
imho dyor