RE:RE:RE:Argonaut’s Missteps: Scapegoating MaginoClose
But they are sitting quite higher
Original shares were purchased around $2-2.50 as there were only two times in history over last 15 years where Argonaut was around $1 and they lasted few weeks without financings.
Weighted average over that timeframe is just over $2
Either way they are still easy 50% out of money and think this offer was the best decision to make given the circumstances.
On a side note I am hearing Young's arm was twisted to accept this deal