The first rule of holes: when you’re in one, stop digging.
Their ride on LPI is over. Simple. Read their forum. Many are pissed off; very pissed off.
My “disdain” as you put it, extends to the likes of gekko and Frankie, who have been utter grubs. Simple.
Your grossly-oversimplistic summary of that outcome and of simply pumping the money into another one is fundamentally flawed as it essentially ignores risk.
You seemingly expect effectively “all” (or at least many) lithium stocks to move in unison, and therefore make this ridiculous assertion that being forced out of AGY today for say 50c would be great, as that money could simply be put into something else that is on the same trajectory.
That’s so naive it’s not even funny.
It essentially ignores company-specific milestones and growth that result in massive divergence from basket averages.
It essentially ignores the countless hours of research, analysis and assessment that have informed and derisked this investment.
That’s the classic mentality of the flip-flop day trader, the vast majority of them LOSE money longer term afaik; as they forever chase the next shiny thing. ponder that.
Marcus Padley spoke very clearly about “fiddling his way out of a fortune”; those who aren’t familiar should look it up, imo.
Btw, which part about owning circa 20 stocks don’t you comprehend? Selective reading again?
I’m invested here based on a specific risk-return-timing assessment, after extensive research and DD. Simple. Being forced out via a t/o , far earlier and at lower pricing than I want is NOT favourable to me. TO ME. Still not clear enough for you?
By all means, go and “snowball your returns” wherever you think you can, but stop misrepresenting what I say simply so you can trumpet catch phrases like “you’re so in love with this company” etc etc. in your increasingly desperate and baseless bashing.
Still not clear enough for you?
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- Ann: Rincon Lithium Project - Progress Update
AGY
argosy minerals limited
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Ann: Rincon Lithium Project - Progress Update, page-144
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $20.38M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $4.027K | 274.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 8087078 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 1694371 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 8087078 | 0.014 |
13 | 3638076 | 0.013 |
9 | 3421411 | 0.012 |
6 | 3190000 | 0.011 |
9 | 3849700 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 1694371 | 17 |
0.016 | 1714289 | 12 |
0.017 | 1728874 | 8 |
0.018 | 1806328 | 18 |
0.019 | 2733039 | 9 |
Last trade - 15.51pm 17/06/2025 (20 minute delay) ? |
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Ronald Miller, Non-Executive Director
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