So where's the buying?
This is what I was talking about before. Great Fing news. Nothing on the...10% ??
Just even the title of the accouterments...could have been "AGY receives approvals, begins exploration bla,bla.
The SP was sacrificed and this is the result. AGY has gone down too low. If this was at 4 cent...this news is good for 4.5.
If AGY is to go up it needs NEW buyers. Roadshows with the RIGHT investors. Alex needs to go on TV and get some interviews in the press. Broker coverage.
1M in inflows gets this back up to 4+ cents.
This isn't news...just confirmation of what we expect. it's still great but, Mr.Market still looks at AGY and a company that management isn't focus on the SP...which is as important as these announcement.
I'm sorry for bringing the tone down. If we were at 4.5 cents I'd probably still be making the same post. AGY has no business trading under 3 cents with this news. the next 5-6 announcement may be the same...a 10+% move and that get's wiped 2 days later as there's no buying.
What is scarying me is we get a JORC (or a off-take) and we only get a 50+% move at 3 cents or 100+% and we are trading at 2.5 cents.
Don't bother liking this post.
I didn't like writing it.
AGY Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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