AGY 13.6% 9.2¢ argosy minerals limited

General Discussion AGY, page-3905

  1. 62 Posts.
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    Comparing SP's is very misleading. For example, if we did a 1 for 10 share consolidation we would be at $3 and still nothing would have changed except shares on issue. It's like comparing apples and oranges. VUL is not 33.3 times as expensive as AGY as implied. If you want to do a fair value comparison, you have to look at their Market Caps. Currently Vul's MC is around 1.36B, whereas AGY's MC is around 348M. So VUL is presently valued approx. 4 times higher than AGY by the market.

    I agree that AGY's SP should be higher, but we have to remind ourselves that there are NO other companies that are planning on PRODUCING BG Lithium in about 6 months time (afaik). Comparing a soon to be Lithium Producer to a Lithium Resource company can drive you crazy.

    Just think of it this way;
    There is a large basket of oranges in different shapes and sizes of various qualities.
    On top of that basket is a beautiful Golden Delicious apple named Argosy Minerals.

    Cheers
    gd
 
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9.2¢
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Mkt cap ! $133.9M
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8.4¢ 9.6¢ 8.3¢ $761.7K 8.626M

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No. Vol. Price($)
1 14047 9.2¢
 

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Price($) Vol. No.
9.4¢ 10000 1
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