With the weakness in the SP, maybe the market is saying it does not believe the AGY technology will work, in the short term at least.
Certainly the last couple of ASX announcements put the timing of continuous production back 3 + months, with everything really quiet since.
Even the actual spasmodic production kilos seem to have slowed considerably.
Difficulty with the production technology means higher costs, and increased risk all round.
Lets hope the next 'announcement' reveals the achievement of 'continuous' production, but somehow I have my doubts.
General Discussion AGY, page-16800
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $62.60M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.3¢ | 4.1¢ | $12.76K | 305.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1399722 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 232947 | 4 |
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| Last trade - 14.10pm 17/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |