UK's Argentex resumes trading after two weeks; stock plummets

Argentex

06/05/2025 09:26

May 6 (Reuters) -    ** Shares of currency risk management firm Argentex AGFX.L sink more than 91% to an all-time low of 4.73p

** Co resumes trading on the AIM index, following temporary suspension of shares on April 22 due to liquidity crunch

** Revolving credit facility of 20 mln pounds ($26.6 mln) from IFX Payments arranged; CFO Guy Rudolp to resign -  co

** IFX struck a deal to take over AGFX last month

** YTD, stock is up ~33% as of last close on April 17

($1 = 0.7507 pounds)

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))