AGS alliance resources limited

Well Farmer if you are $350,000 down on AGS shares and common...

  1. 5,167 Posts.
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    Well Farmer if you are $350,000 down on AGS shares and common knoweledge on this forum seems to be you have over 4million shares that means you have spent around $750,000 on AGS shares, maybe you should have considered doing more with that 3/4 mill. Hopefully you have investments elsewhere if not you are painting a pretty dire picture of your situation. If that is the case I would be selling a couple million now to generate possibly $220,000 or so ( your ave share buy must be between 19c and 21.5c) pay off the $140,000 and get some living money, you would still have at least 2million shares if you end up with 25cents you get $500,000 back so almost break even, get 50cents and you are 1/2 million in front. That's good advice if the situation is as you paint it, if it all goes wrong and AGS ends up at 3 or 4cents with no buyers then my friend you will have missed the opportunity to get out of the poo.imo All above meant as helpful only.
 
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