AGS 0.00% 17.5¢ alliance resources limited

proportional takeover bid, page-19

  1. 1,669 Posts.
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    I wish I was. Easy money has been made shorting it. I think it is a dangerous proposition to short now.

    But then again if management continue on with their silence, plus the rise in the AUD and fall in the U spot price; then there is more money to be made shorting.

    A peace pipe between the two waring parties and he shorters will be burnt to a crisp. (then again no one can tell me how many shorts are still open)

    Oil above $80 is a positive for all energy shares.

    IMHO the market believes that management have made the wrong gamble. At present I feel as the though the market has got it right.

    Management have not kept the market informed and that's a big mistake in my book.

    You alway gotta keep your backers informed. The small ones are capable of a revolution.

 
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