AGS 0.00% 17.5¢ alliance resources limited

positive placement in a negative cash market

  1. 7,890 Posts.
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    One has to have respect for a Board who can sell a $1.30 placement in this money market. All appetite for risk seems to have evaporated...so the risk managers of those investing @ 1.30 must be very confident. It should be no surprise I guess to those who know that this is a very good prospect.......and the market is now getting behind it again...Also look at ARE a nasty.. retreat at open and now up 15%...The hot prospects are somewhat cushioned against the US economy. Those with the product have markets ...and the US is not so important in that equation..(but very significant in others of course). CTS is another holding up ..as is ALK...all with strong interest from hungry economies and investors......(I hold those I mention)...Ah well ...down the dusty road to Melbourne now with a friendly wave as I pass Union Hill and Porcupine Flat.. Hold steady folks ...
 
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Currently unlisted public company.

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