Ann: Half Year Accounts, page-95

First 95 Last

Share
Profile

Follow
gsc300

393 Posts.

76

19/09/24

15:01

Post #: 75747409
Share

Originally posted by Sdaji: ↑

The emotional reaction you're displaying says a lot.

Whatever due diligence they did, it didn't prevent them from making a terrible move. Of course their intention was not to simply chip in to fund JZ, Pablo and family, but the reality is, that's what they've done. Whether they failed to do their due diligence or AGY lead them up the garden path, they took a terrible deal. No one is saying they are pip traders, but no one who is calm and sane fails to understand that wiping out most of your investment in a short time means you stuffed up. Even if hypothetically there was a crazy miracle and they ended up eventually making a profit, the timing of their investment was hideous. There's an absolute guarantee it will be several years at best until AGY will be producing an economically relevant quantity of product, and their investment is worth a fraction of what they recently paid.

Insulting me because I called it all correctly is as silly as it is irrelevant.

The bottom line is that ATL made a very, very bad move, so the 'ATL knows more than we do and it makes sense to blindly follow them' narrative makes absolutely no sense.

Even at the time this deal was made I said it was a brilliant deal for AGY and it was puzzling that ATL would make this move. But a short while later we all saw how disastrous it was. The point you seem unwilling to recognise is that ATL clearly made a bad move so it is a bad idea to use their judgement as any form of guidance, insight or reason for faith. It's a trivial amount for them, but they were blatantly fleeced.

Expand

I mean, Rotane isn't displaying any emotional reaction purely from what I'm reading. Best is to stop baiting others simply to make you feel better.

AGY Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

LRV

Larvotto hits "go" on Hillgrove Project

SS1

Sun Silver unveils Maverick Springs assay results

WC8

Investors shrug as Wildcat's latest lithium drill hits fail to excite

SGQ

Traders watch with interest as St George Mining reveals REE hit

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

First 95 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 2.9¢		Change -0.001(1.72%)		Mkt cap ! $43.77M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.8¢	$27.23K	965.2K

Buyers (Bids)

No.	Vol.	Price($)
14	1095373	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	447365	6

View Market Depth

No.	Vol.	Price($)
14	1095373	0.028
5	865000	0.027
11	2694549	0.026
30	5159386	0.025
10	2574428	0.024

Price($)	Vol.	No.
0.029	447365	6
0.030	1135924	10
0.031	1146908	5
0.032	917355	7
0.033	1739053	9

Last trade - 14.49pm 31/07/2025 (20 minute delay)

AGY (ASX) Chart

Ann: Half Year Accounts, page-95

Larvotto hits "go" on Hillgrove Project

Sun Silver unveils Maverick Springs assay results

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Traders watch with interest as St George Mining reveals REE hit

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Half Year Accounts, page-95

Top Stories

Larvotto hits "go" on Hillgrove Project

Sun Silver unveils Maverick Springs assay results

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Traders watch with interest as St George Mining reveals REE hit

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News