Ann: $15m Placement and Acceleration of Rincon Earn-In, page-325

Well no surprises there with a return to cap raise price (happens 9 out 10 times), although I did say give or take a tick, it dropped a bit further to 0.205 a bit lower that I expected frankly. I expect the floor price going forward will remain around 0.22c before rallying back upwards unless the Company release something deemed as good or bad news or the overall market ASX or Lithium market moves sharply in either direction (currently its moving upwards) . So expect solid support around this region and for dips below floor to be bought up strongly.

Again AGY is not on my radar as I like to find companies before the initial big run up... But I'd say worst of selling is already behind holders... Perhaps its a good entry around floor if you can get it. I have not looked at the latest FA events just purely the chart and cap raise ann. ​