RE: RNS9 Feb 2021 13:19
Strange - we are really going around this again.
Warrants were issued ages ago and Argo have no say as to when they are exercised. It was needed for funding in early days and is normal. There arent many left and anyone who has bought a share in ARB or any other company who do not look in to this is mad as it should be part of your calculation and assume they will be exercised if the company grows (which is why we are investing). Put's capital in the bank - allows more hodling and expansion, let them wash through, they were always going to be exercised with the SP growth.
As for grant of shares to the team at Argo - good - they should have them, this is what business wealth creation is about, without them we would be in a worse place now.
Small amount, who cares, up 30% this week and 30% over last week and still people are unhappy ........