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.
AGS Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held