AGY 1.43% 3.6¢ argosy minerals limited

Ann: Appendix 3B, page-104

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  1. 13,633 Posts.
    lightbulb Created with Sketch. 4687

    "IMO a good management should not only managing day to day operations but also managing the SP"


    Good luck with that, the market decides what the share price will do not Management , they are paid to run the Company and based on how well they do that over the long term, will eventually determine what the shareprice does...the market is a considerably more powerful force than Management and can move the price between undervalued and overvalued when the general mood in any given sector swings that way, regardless of fundamentals ...

    The Market for the Lithium sector is tough and has been for all players for some time , its often the case when markets go from a parabolic move in an over hyped market during 2017, to facing reality ..

    That reality is it takes time and money to build a Company when you have no income...Lithium has a very bright future IMO but it's very early days and will require a lot of patience...

    Cheers Whisky



    Last edited by Whisky49: 05/04/19
 
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