AGS 0.00% 17.5¢ alliance resources limited

pretty poor really ... and the market has punished them...

  1. 2,899 Posts.
    pretty poor really ... and the market has punished them accordingly. No suprise that being a minority 25% shareholder in B4M is not the ideal situation to be in, we have very little control over our own destiny, but this isn't exactly new news so shareholders can't really complain too loudly ... just very frustrating.

    The day before the Shanghai meltdown we closed at 190 ... most mining stocks are now back to where they were that day ( some are higher ... BHP for eg ) ... AGS now at 171 so we still are under water by 10% ... in the meantime the U price is up another ... $16 ?? ( losing count but I think its gone up from $75 to $85 to $91 ). So our chosen commodity is up 20% ... the market at large is basically unchanged and we are down 10% .... not good !!
 
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Currently unlisted public company.

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