No, I wouldn't buy more shares right now if "I knew the AGY was going to run aground", as you put it. That being said, one of the directors (Andrea Betti) invested $25k in October, and within a few months she had more than halved that investment, so I'm not sure that director purchases are a decent indicator of anything much at all.
Try to look at the other side of the coin mate. If company insiders were genuinely expecting an imminent re-rate on transformational news, wouldn't you expect more than just one director to chuck in $23k?
As I mentioned earlier, I see this as a neutral announcement, neither good nor bad.
No, I wouldn't buy more shares right now if "I knew the AGY was...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $179.0M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $65.58K | 517.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 903037 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 382141 | 21 |
View Market Depth
| Last trade - 13.45pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.5¢ | 609802 | ||
| Last updated 13.53pm 03/05/2024 ? | |||||
| AGY (ASX) Chart |