AGS 0.00% 17.5¢ alliance resources limited

My cynical expectations

  1. 18 Posts.
    I am a long time lurker on this board, and a holder of shares bought at $0.12-0.13. My expectations are that a sale "might" translate into a modest bump in share price for a short period of time which will allow me to exit with a decent return, but that anything in the >$0.50 range will never happen. Management will bank the sale monies and proceed with projects in Chile and elsewhere that have a 10+ year time horizon and risky chances of success. So the share price will slowly decline again to current levels and have a chance to go much lower in years to come. It is not exactly like this management group has shown itself to be very good at much of anything. Please tell me why I am wrong?
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.