Rebound time, page-568

What do you mean by "balance sheet tells us certainly not enough to warrant this high a MC"? This isn't a shell company. Cash isn't a factor when determining MC

For big companies its easy, work on a P/E ratio or dividend yield etc.

How do you value speculative/growth companies? Everyone has their opinion there. Thats what creates a market. Potential, management team, expansion, growth rate in any specific metric, I could go on.

My most successful investment in recent years was in a similarly speculative company (different industry) TTT where the company had virtually 0 revenue but the MC took off. Spent many a day arguing similar discussions with others about it, yet some never realised this.

Nothing has changed fundamentally for AGH over the past couple months. If anything, we know things have been progressing very positively. I have my own views as to why the SP has suffered greatly recently and I've seen it before. Just by watching the trading behaviour more closely the past 2 days its incredibly obvious to me this is all panic selling - the domino effect. When the share price dropped 70%+ earlier this year I expressed the exact same sentiment and was met with different people telling me I was wrong, that the company was even having going concern worries. Goes without saying that you didn't hear from them later.

I'm even more confident this time around.