AGS alliance resources limited

this is crazy trading, page-27

  1. 412 Posts.
    Hi Lama,

    Not quite sure, can't just compare companies as you have as there are so many other factors involved, look at CMR/Compass for example. BMN has about half the shares on issue as AGS, 150M vs 272M, so its up/down movements can be more significant, less liquid when you want to buy/sell a large volume. Nevertheless, AGS certainly appears to be being capped for accumalation. I follow a golden rule - if management/top 20 are pretty much holding their shares, which they are and have been for a long time, and reiterated at the last 3 AGM's I've attended, then not too much to worry about. I think its just we're in the mud at or towards the bottom of the market at the moment
 
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