This announcement disgusted me. Absolute shit fight after all the opportunities the previous years had offered us.
Im simply astounded that we are back at 5c after all these years.
I can’t believe I was lucky enough to offload 100,000 shares at 74.5c early last year which nearly doubled my initial investment. I still hold 200,000 which I’m now kicking myself for not unloading at the time. Would have been a very handsome profit.
Spec stocks are exactly what they are, it’s a game of cat and mouse, most of the management teams are green horn at best. If you happen to latch onto a good team you may do very well.
Feeling a bit down today as AGY was the first stock I invested in, and I had the faith that they would deliver on their fast track strategy, alas not to be.
No point selling out at 5c as it really isn’t worth it so my remaining shares will be held until better days, no matter how many years away that will be.
An extremely disappointed investor.
Best wishes to all.
AGY Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
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