AGS 0.00% 17.5¢ alliance resources limited

this is crazy trading, page-27

  1. 412 Posts.
    Hi Lama,

    Not quite sure, can't just compare companies as you have as there are so many other factors involved, look at CMR/Compass for example. BMN has about half the shares on issue as AGS, 150M vs 272M, so its up/down movements can be more significant, less liquid when you want to buy/sell a large volume. Nevertheless, AGS certainly appears to be being capped for accumalation. I follow a golden rule - if management/top 20 are pretty much holding their shares, which they are and have been for a long time, and reiterated at the last 3 AGM's I've attended, then not too much to worry about. I think its just we're in the mud at or towards the bottom of the market at the moment
 
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.