Another waffle AGH announcement, again no actual figures given on what the deal means for AGHs bottom line, no info at all.
Seems like another attempt from the board to stop the dumping, as I was saying last week, it was crazy anyone was buying above 2cents , there are now over 100 million shares that will be in profit anywhere 2 and above, and I do say 2 and above as even selling at 2 cents, they get to keep their free options!
One of the biggest dumps on AGH in the year happening on this announcement, they tried to stifle the dumping but couldnt: not a surprise whos dumping this
"Settlement of the Placement is expected to occur on or about Monday, 22nd July 2024. Participants in the Placement will also receive one (1) free attaching option."
Whats even worse is that most of the 2 million raised from this capital raise at ALL time lows (well actually today new all time low) is that most of the 2 million just goes to paying Josh, management and directors they will need to raise again shortly and probably at new lows around the 1 cent mark. Horrible.
AGH Price at posting:
1.9¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)