AGY 10.0% 4.5¢ argosy minerals limited

Ann: Extension of Due Diligence Period, page-30

  1. 270 Posts.
    lightbulb Created with Sketch. 9
    this DD is out of the management control, it is the chinese government that has the final say. I personally sold 1/2 of my holdings yesterday to minimize risk and will only re-purchase after the DD is confirmed, even though it could mean at higher price but it is a lot safer. This deal is extremely important for AGY to become big, so for whatever reason the chinese government said no, we are doomed.
    when dealing with China, the risk is always there as it is a highly corrupted government. KAN could easily bribe the government officials to reject the deal so they could acquire QQ. just my conspiracy.
    Hold tight and hope for the best i guess.
 
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