AGI

0.81%

92.3¢ ainsworth game technology limited

I think the market was more concerned with how well Aristocrat...

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ValueSnatcher

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25/11/15

17:58

Post #: 16477231
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Originally posted by jiantan86 ↑

Thanks for the chart L33thal.

News of the fall has hit SMH:

http://m.smh.com.au/business/ainsworth-shares-plunge-as-pokies-guru-departs-20151125-gl7tqb.html

'Chief executive Danny Gladstone said the market had over-reacted, noting Mr Clarebrough would stay with the Sydney-based company for a further 12 months and may also be used in an advisory role following his official departure.

"To use a football analogy, he's been coaching for the last five or six years and he's got some very good people who he has acted as a mentor to," Mr Gladstone told Fairfax Media. "But there is a solid plan for the rollout of games and we have a 45-strong design team who are working on that."

The company's shares recovered some ground in late trading and closed down 11 per cent to $2.35 giving it a market capitalisation of $773 million.

Mr Clarebrough helped to develop the company's Showgirls and The Sound of Music games in recent years.'

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I think the market was more concerned with how well Aristocrat has managed to do locally while Ainsworth flounders...

A few years ago I would have bought AGI on a day like today. However, experience tells me that there is plenty of time to invest, no rush on this. AGI has to prove itself - even if the price is getting attractive.

AGI Price at posting: $2.35 Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

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Add AGI (ASX) to my watchlist

(20min delay)
Last 92.3¢		Change -0.008(0.81%)		Mkt cap ! $310.6M

Open	High	Low	Value	Volume
93.0¢	93.0¢	89.0¢	$931	1.005K

Buyers (Bids)

No.	Vol.	Price($)
3	2008	89.0¢

Sellers (Offers)

Price($)	Vol.	No.
93.0¢	321	1

View Market Depth

No.	Vol.	Price($)
1	1968	0.890
1	46969	0.870
1	8888	0.855
1	625	0.800
0	0	0.000

Price($)	Vol.	No.
0.930	321	1
0.950	2000	1
0.960	400	1
0.980	10000	1
0.990	6429	1

Last trade - 15.59pm 09/08/2024 (20 minute delay)

AGI (ASX) Chart

I think the market was more concerned with how well Aristocrat...

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I think the market was more concerned with how well Aristocrat...

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Sellers (Offers)

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