AGY 8.14% 9.3¢ argosy minerals limited

General Discussion AGY, page-16390

  1. 6,274 Posts.
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    Meanwhile, is AGY has dropped approx. 47.5 cents from this years peak ie. approx. 65% drop on announcements perhaps not meeting the markets expectations OR what impact are the predator shorts having on driving the trend?

    Shorts
    Aug.3rdAGYARGOSY MINERALS LIMITEDFPO230,403
    Aug. 4thAGYARGOSY MINERALS LIMITEDFPO2,011,361
    Aug. 7thAGYARGOSY MINERALS LIMITEDFPO913,368
    Aug. 8thAGYARGOSY MINERALS LIMITEDFPO1,691,561

    Looking at Shortman, they've ramped up fron last Jan. @ approx. 1% & ramped up from the end of May - sitting above 3.5% of MC!

    It takes time to build a business from scratch, when businesses start communicating with their shareholder base, they need to be measured, clear & realistic with their progress advice & timeframes - if timeframes aren't being met, the market needs to know - without such, particularly retail SHLDRS are vulnerable to more sophisticated players playing games.

    Those shorts from Y'day are well in the money should the choose to close off at current levels.

 
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