AGY 8.60% 8.5¢ argosy minerals limited

Li-related News/Articles/Reports, page-5882

  1. 3,908 Posts.
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    I’m certainly not “on the money” mate. I recognised the lack of progress coupled with poor macro conditions and believed we were heading down, that’s all. I sold a few in the high 30’s and then again in the mid-20’s, but then repurchased similar sized parcels at 20.5 cents, 18.5 cents and 17 cents.

    Credit goes to @pierre23 who did call 14.5 cents quite some time ago, and provided detailed reasons for why. I didn’t think we’d get quite that low and obviously I was a bit too eager to get back in, but such is life. I’m still down ~50% here, but at least by making a few moves I was able to average down by about 10 cents per share here.

    I’m still holding onto hope that plant commissioning will get sorted before a cap raise is required. Hopefully for all our sakes that can be avoided.
    Last edited by Rob826: 15/11/23
 
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