AGY 2.50% 3.9¢ argosy minerals limited

Ann: Strategic Acquisition for Rincon Project, page-72

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  1. 871 Posts.
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    It's not a matter of management leaking it's coming down to the SP being bought and sold .5c-1c (23,23.5,24) and it repeats the same pattern all day over the past week or 2.

    Unless we have some incredibly strategic retail investors who have a lot of time to buy and sell at such high volumes to shift the SP by these amounts (don't think this is the case) one can only think and conclude it is the pros/sophs capping and accumulating until they believe they've reached their quoter or until the Ann is seriously worthy of a solid bounce.

    I'm thinking they haven't rechead their quoter.

    Beginning of March I'm sticking to when we'll see solid movement. Until then it'll be in accumulation mode hovering around low fingers.
 
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