This would have to be one of the most stupid releases to come out of AGI!
"Investments in Argentina of...A$13 million"...what the hell does that mean?
They state the "investments" have been made as an FX hedge regarding the Pesos v USD. Is this really a newsworthy announcement...I mean companies hedge against unfavorable FX movements all the time and don't feel the need to make announcements about it. I'm really curious to know what type of shitty "investment" the AGI brains trust has made this time? Given the CFO has stated "the company is pursing the necessary actions to protect its investments" it seems like the good folks at AGI made a crap "investment". Smells like the AGI brains trust is positioning themselves for yet another LTAM write down. It just never ends with AGI...never ends
- Forums
- ASX - By Stock
- AGI
- Ann: AGI Release re Argentina Market & Financial Results
Ann: AGI Release re Argentina Market & Financial Results, page-4
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGI (ASX) to my watchlist
|
|||||
Last
84.5¢ |
Change
0.045(5.63%) |
Mkt cap ! $284.5M |
Open | High | Low | Value | Volume |
74.0¢ | 85.0¢ | 74.0¢ | $5.834K | 7.778K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 368 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 2881 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 368 | 0.740 |
3 | 730 | 0.700 |
3 | 2957 | 0.690 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 2881 | 1 |
0.880 | 8800 | 1 |
0.900 | 258000 | 1 |
0.910 | 4600 | 1 |
0.930 | 2011 | 2 |
Last trade - 11.34am 03/09/2024 (20 minute delay) ? |
Featured News
AGI (ASX) Chart |