AGY 5.56% 3.8¢ argosy minerals limited

General Discussion AGY, page-1009

  1. 161 Posts.
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    Great summary@GCar


    I would add AGY(unfortunately) seems to behave as a traders stock. If you place asmall order here and there, out of the money, the botsauto place orders in behind you – and if you place an order and buyall of the shares on offer at the current sell price, thebots will instantly place a buy order at the sameprice. A fair bit of pass the parcel back and forward going on itappears. I guess its legal?


    Unfortunately these“games” might be depressing the share price. Furthermore as AGYhasn’t signed a formal offtake, I suspect no customers have taken aposition in the stock and therefore no new larger holders have comeonto the register.


    Longer term holderswill remember the stock hit 40c on news that battery grade productcould be produced. Many more significant events have occurred sincethen, however, the price has drifted much lower since then.


    The latest monthlyupdates are providing detailed information on the business progressallowing for good research. You can form your own conclusions as towhat the future might hold.

    IMO it’s easy to back your research andbias your decisions on a stock with a rising price, but much moredifficult to back yourself when the market price moves are small and othermarket plays are going on in the background. I also find it useful to envisage the company reporting I will be reading in say 12 months time.

 
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Last
3.8¢
Change
0.002(5.56%)
Mkt cap ! $56.78M
Open High Low Value Volume
3.7¢ 4.0¢ 3.7¢ $271.6K 7.042M

Buyers (Bids)

No. Vol. Price($)
11 1174965 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 1272049 10
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
AGY (ASX) Chart
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