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12.0¢ argosy minerals limited

AGAIN: What don’t you understand about: “how about you pull out...

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GCar

13,516 Posts.

8195

15/05/24

16:36

Post #: 73840638
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Originally posted by Rob826 ↑

@GCar

Again, so what? You noted that AGY was at 50c "years ago", and I simply noted that LKE hit $2.50 too. The point is, past share prices don't indicate future value, no matter how much you'd like them to. If they did, CXO would head back to $1.80 and SYA would be hitting 39c.

You're looking backwards and viewing the current share price as an injustice just because the company has progressed. But you refuse to acknowledge that the circumstances are now wildly different, much more supply has come on line, sentiment is in the toilet, and the collective opinion of most respected commentators/analysts is that the bullish lithium pricing achieved a year or two ago won't be repeated.

Several years ago you could throw a dart at any lithium company on the ASX and achieve fantastic returns. Things are a lot more difficult now with investors being more selective and expecting to see tangible results.

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AGAIN:
What don’t you understand about:
“how about you pull out your new fandangled excel model, combine that with some reasonable fundamental analysis of the market, and try to convince us that 50c is not achievable in the next 2 years.”

Constant deflection is laughable.

AGY Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 12.0¢		Change -0.005(4.00%)		Mkt cap ! $174.7M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.0¢	$197.2K	1.602M

Buyers (Bids)

No.	Vol.	Price($)
40	1959452	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	169666	4

View Market Depth

No.	Vol.	Price($)
40	1959452	0.120
13	1288003	0.115
15	878980	0.110
11	1038595	0.105
21	1081788	0.100

Price($)	Vol.	No.
0.125	169666	4
0.130	464055	9
0.135	761549	13
0.140	1710864	12
0.145	1311746	9

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 12.3¢			Change -0.005 ( 3.92 %)
Open	High		Low	Volume
12.5¢	12.5¢		12.0¢	990330
Last updated 15.59pm 03/06/2024 ?

AGY (ASX) Chart