AGS 0.00% 17.5¢ alliance resources limited

Capital Return, page-21

  1. 178 Posts.
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    I agree. PEN looks like a better place to put your money. Fortunately I did not put all my money into AGS and started topping up in PEN earlier in the year as I was trusting the management of AGS less and less.

    AGS is a bottom draw stock for me now. Its pretty sad after more than 5 years to see your 30c average price go down to 3c. What a result. What mismanagement. Can't blame AGS for the Japan situation but you sure can blame them for agreeing to a catastrophic joint venture with a bunch of crims.

    The lesson I will take away from AGS is be very careful buying shares in a company that is a minor JV partner. The risk factor is multiplied.

    All the best to all. I won't be buying one more AGS share.
 
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