AGS 0.00% 17.5¢ alliance resources limited

I was concerned too moimoi until I read the Offer Doc in full...

  1. 3,295 Posts.
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    I was concerned too moimoi until I read the Offer Doc in full and saw that the directors have openly and unaninously declared that they are taking up their entitlement in full (c1.12). That’s quite a commitment - for the MD especially, as well as for the Chairman of course. And a firm show of confidence in Wilcherry. Their input amounts to >$1.6m alone and so no problem in paying for Mining One’s scoping study due out end month. The doc seemed very transparent to me though I’m lingering and vacillating still over the speculative risk, the vagaries of the market in general and the apparent low market interest in AGS in particular. Not to mention the .095 per share. Was hoping for .08 ... Hmm « To dilute or not dilute, that is the question » (apologies to Hamlet) ..
 
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Currently unlisted public company.

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