I think those shares were purchased for a controlling position within the business , those 108M shares represent more than %10 of the company. Maybe gives who ever the opportunity to implement what ever strategy they are planning for the business outside of the mining sector. I certainly hope this is the case. Arganout are probs the only people who know this at this stage.
Argonaut shell - cash $1.9 million, page-35
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Mkt cap ! $16.29M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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