AGY 2.63% 3.7¢ argosy minerals limited

Charting, page-4443

  1. 1,167 Posts.
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    Ramping post aside, I've been trying to work out my personal trading strategy. I'm sitting on a huge profit, but I've run my numbers on stage 3 and 2. My conservative maths sees a market capitalisation of $500m or about 40c in 2018. This takes into account a 50% discount for general risk. The QQ JV agreement is worth significant value on its own - if a new ASX company were to list such an entity without AGY's financing capacity it's market cap would probably test $100m.

    Point is, even without the QQ JV, we're very undervalued in regards to stage 3. So my strategy then? I'm waiting and seeing - because this China JV really could be a monster.
 
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Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.8¢ 3.8¢ 3.5¢ $359.1K 9.763M

Buyers (Bids)

No. Vol. Price($)
6 2015083 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 157403 2
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Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
AGY (ASX) Chart
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