AGY 9.09% 4.0¢ argosy minerals limited

General Discussion AGY, page-21454

  1. 3,958 Posts.
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    It sure was, it was screenshot by multiple people, including me, see:

    https://hotcopper.com.au/data/attachments/6009/6009339-7071cb482a53fd4196bd282b1847debe.jpg
    It seems someone reacted hastily and removed the information, adding another layer of absurdity to this situation. There are only two plausible scenarios here:

    1. Either JZ neglected to thoroughly review the website update due to laziness or lack of attention to detail. Perhaps whoever updated it made an honest mistake, but JZ should have caught it before it went live. If that's the case, it reflects poorly on the company and likely contributed to the plummeting share price yesterday.

    2. Following the website update, they realised they hadn't disclosed an expected further EIA delay and panicked, removing it after realising the consequences, whether from the share price drop, monitoring platforms like HotCopper, external notifications, or self-awareness. Regardless, this amounts to inadvertently revealing price-sensitive information through incorrect channels, prompting swift removal.

    Both of these potential explanations are unacceptable. This situation is becoming more than a mere joke, and if JZ fails to provide clarification today, it would be highly unprofessional. My suspicion leans toward the second scenario because if they truly anticipated EIA approval in the coming weeks, they would have simply adjusted the website to reflect a Q1 timeline. Instead, they completely removed the timeline guidance, strongly indicating an accidental release of price-sensitive news via the company website.

    We'll have to wait three weeks to confirm, but this is incredibly frustrating and difficult to believe.
 
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