RE risk-reward, AGY is a very good buy around 6-7c IMO.
Should the key milestones not be achieved during Q1, we'll feel another ~30-40% drop and to those prices I believe.
Still too many unknowns on the table at this point in time. Punters can have a dig at current levels, but need to be prepared to experience that additional ~30-40% drawdown. Experience and history tells us they'll struggle with the deliverables currently on the table, as they've gotten the market expecting a lot, in a short period of time.
I told myself I'll never invest anymore into AGY, there are plenty of better-run companies by more experienced people (in other budding sectors too), however there does come a point where it becomes a no-brainer. That for me is in the 6's, risk/reward will then be palatable, even at their current state/progress.
IMO only, GL.
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Last
8.7¢ |
Change
-0.005(5.43%) |
Mkt cap ! $126.6M |
Open | High | Low | Value | Volume |
9.1¢ | 9.1¢ | 8.7¢ | $278.7K | 3.125M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 688234 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.0¢ | 603000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 688234 | 0.087 |
10 | 179519 | 0.086 |
12 | 164717 | 0.085 |
2 | 96190 | 0.084 |
2 | 185883 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 603000 | 4 |
0.091 | 47255 | 2 |
0.092 | 126520 | 4 |
0.093 | 20000 | 1 |
0.094 | 57675 | 3 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
8.8¢ |
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Change
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Open | High | Low | Volume | ||
9.1¢ | 9.1¢ | 8.6¢ | 1569215 | ||
Last updated 15.46pm 17/06/2024 ? |
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