AGY 0.00% 8.8¢ argosy minerals limited

Ann: Renounceable Rights Issue to raise up to $6.2M, page-13

  1. 411 Posts.
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    not disagreeing with the sentiment the price may drop closer to the CR price - but based on my scenario above, a CR is a better outcome (potential short term drop in SP) as opposed to a binding long-term deal at a lower price.

    It's a paper-value vs cash in the bank trade-off and I know what I would prefer in the long run

    Of course I would prefer the OT and funding deal to be sorted at good rates now but it's not meant to be, yet
 
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