AGM 0.00% $1.60 australian governance & ethical index fund

is allegiance a buy?

  1. 24,765 Posts.
    AGM has dropped to 17 cents today. However, you would think the company's chairman would have a pretty good idea of the company's value. So it's worth considering the following ASX announcement:

    In an announcement published by the ASX at 6.15 pm. on the 16th. January, Allegiance Mining's Chairman, Anthony Howland-Rose had acquired 1,130,000 Allegiance Mining at 20 cents a share for the HowlandRose Holdings Pty. Ltd. ATF The HowlandRose Family Trust.

    That's a $226,000 vote of confidence in Allegiance mining's nickel mine development and nickel exploration prospects in Tasmania.
 
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