AGY 0.00% 3.7¢ argosy minerals limited

2023 Charts, page-1174

  1. 1,110 Posts.
    lightbulb Created with Sketch. 270
    https://hotcopper.com.au/data/attachments/5467/5467944-53643d8ea6a95c219460477f8f647db6.jpg
    This is NOT A BUY OR SELL RECOMMENDATION but nothing suggests this stock is turning around - all it is now is a falling knife....... Everyone is well within their right to average down but it's not always the smartest investment decision just buying the dip for the sake of averaging down.......

    Sure they could end up being bargain prices and you're kicking yourself down the track and a massive missed opportunity but it's not a given - averaging down on a stock like agy is nothing like averaging down on your typical blue chip stock....... You're averaging down on a stock that has an operation the size of a pilot plant and most importantly nothing to fall back on....... They're fully dependent on Rincon playing out as Tonopah has for some reason been seemingly (and unfortunately) shelved for now - a project I'd wish they would explore........ This is not comparable to averaging down on a fmg for example

    If you do decide to buy "on that comment alone" then good luck - for everyone holding I hope this is the bottom....... Sadly I just don't see it being.......
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $45.77K 1.200M

Buyers (Bids)

No. Vol. Price($)
8 1412593 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 100000 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.