I could be wrong so this is IMO...
I believe the "cornerstone strategic investors" to either be coming out of China or have some relationship with the Lithium-ion Battery sector in China.
Buying shares at such a premium as 3c (which is well above market value) means they have a reason to setup AGY for success and I believe it is in their own interest (the soph investors) to setup a Lithium supply source (given the current and future Lithium market in China). 3 million is peanuts for these boys if we have latched onto one (or more) of these soph investors in China.
Just me guessing at this stage but I wouldn't be surprised if this was the case.
I could be wrong so this is IMO... I believe the "cornerstone...
-
- 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)
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 |