AGY 8.14% 9.3¢ argosy minerals limited

The thing that's good is the strategic investors now own about...

  1. 6,892 Posts.
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    The thing that's good is the strategic investors now own about 13% of AGY...
    management are probably down to 12%. So that's 25% of the shares removed from the float. There's another 5-10% of the WA gang.

    The float is everything.
    As I've been saying, if no one sells and then people want to buy the shares...that's when you get the baggers and 30+% daily pops up.

    I've spoken to many HC investors and have come up with a 8-10+% guesstimate of HC investors...this could be much higher.

    So that could be a open float of only 55% if everyone stays tight. Or 9M worth of shares new investors will need to fight over.
    Very nice.
    Once the news starts comes in....don't sell...make new investors pay for AGY.
 
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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