AGS 0.00% 17.5¢ alliance resources limited

its over, page-10

  1. 69 Posts.
    AGS .... sinking ship....

    I did my doh... never thought it would fall to these levels. Unbelievable. There comes a point when you have to sell.. albeit reluctantly, hence the holding to this point.

    No cash flow... no control of project...cash for only about 3 months of expenses left.
    Where are they going to raise the money?? It's got to be crossing their minds...

    A market cap of 600 million dollars was just unsustainable at this point in time.

    I'll be back into AGS.... when it gets to 60 cents. At that price I can afford to wait the 2-3 years before the main project is up and running....and producing a cash flow.

    A bit negative I hear you say???

    Well I lost a lot of money in the last 3 months.... in fact, I never saw the share price go higher than the price i paid!!
 
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Currently unlisted public company.

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