When Global X bailed out of Argosy I assumed that their research and DD had found some issue/s but with hindsight I now think it was more to do with how the funds algorithms choose which companies to include.
Whatever their criteria was/is has proven to be correct thus far as far as Argosy is concerned.
Even before drilling starts at Tonopah there will be plenty of speculators keen to get in on the action and perhaps Argosy will appear on the funds radar once again. We wait and watch.
Plot is the weekly close price of Global X /AGY pair comparison.
Highly speculative so IMO and DYOR
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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24 | 1228439 | 0.120 |
14 | 802369 | 0.115 |
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8 | 580723 | 0.105 |
Price($) | Vol. | No. |
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