AGY 3.53% 8.2¢ argosy minerals limited

Benign Banter & Price Predictions, page-3276

  1. 864 Posts.
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    At a guess, i'd say:

    China money is all out that wanted out

    Long termers who wanted to take some profit have done so.

    Market maker can't go too hard as they are basically selling to themselves (and appear to have been for the last week) and are happy to accumulate between 20-25c. If it goes lower, then most likely to see more competition buying in.

    Everyone that is set that knows what is set to come for the next 4 months has got their fill. We are now waiting for some catalyst announcements to launch. The group of low risk investors are wanting to see drill results and JORC plus some updates on stage 2 and the plant equipment. Until then we may be seeing sideways trending on lower volume.

    Bring on a stage 2 announcement.
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