AGR 4.76% 2.2¢ aguia resources limited

Ann: Successful A$9.5 million Private Placement, page-4

  1. 9,822 Posts.
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    Very small CR but at a high SP of 17c, very surprising it wasn't at 15c but this will tie them over for coming months.

    BRL in freefall, brazil unemployment cracked higher, inflation higher, rates higher yet BRL collapsing, socgen predict 20% BRL drop in weeks imminent.

    AGR relys on local recessionary economy, BRL will drop costs but famers are joining street protests not buying fertiliser as much as they used to, LT may be an interesting play if brasil economy recovers,

    Im watching this
    any thoughts Dr Suess? 16c buy, you are up right now. Sell at 20c again for youyr annual pension money like other stockpicks of yours, get your 30% and out?
    Last edited by tomboy: 28/08/15
 
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