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Argentex – did the FCA feck it up, allowing the £50m collapse

Tom Winnifrith
Tuesday 29 April 2025
Capitalised at £53 million at a 43p share price before admitting to financial woes and seeing its shares suspended, money broker Argentex (AGFC) has now taken an emergency loan and agreed to a bid at 2.49p valuing it at just £3 million. Shareholders have been buggered but was it FCA negligence that was the problem. Was the regulator yet again asleep at the wheel?

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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