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Posted by
Two Blokes Jun 30 -
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Stock
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Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares plummeted 62% on Monday after the company unveiled a sweeping restructuring plan that will see existing shareholders' equity cancelled. The plan, aimed at avoiding insolvency, will hand control to US-based Growler Mining in exchange for emergency financing and asset contributions.
