Yes, I've held as much as 2.4m shares. I started exiting mid-last year at 38.5 cents (400k shares), followed by 24.5 cents (1m shares), followed by 14.5 cents (1m shares). I bought another 100k for LOLs at 13.5 cents, then sold them recently at 14.5 cents.
I haven't given up on AGY, but today's announcement doesn't equate to de-risking in my view. I think it's good news and is a natural progression, but I'm more concerned that a strategic partner may no longer exist based on recent comments in the last investor presentation. Coupled with the inability to ramp up, it's remains too high risk for me at the moment.
If production picks up or they find a way to attract funding, I'll probably re-enter. Just watching with interest for the time being though.
AGY Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)