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1.35%

7.5¢ argosy minerals limited

Dont get fooled by Hype, page-39

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Kaeho

7,043 Posts.

1643

29/03/19

12:31

Post #: 37927627
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Originally posted by stockski ↑

I totally get the SP movement today and 100T doesnt sound like a lot, but its actually not that much less than 500T (which was the maximum we hoped to get). Whether the deal is $5 million or $1 million, its not about the money. Neither of those amounts make much of a difference to AGY as we need ~150 million to get stage 3 up and running. The actual agreement to me is the key here. We have a serious company seriously interested and that could well lead to stage 3 funding and will likely lead to an increased offtake agreement. All speculation but to me it seems like traders were expecting the offtake agreement to cover the 150M which was never going to be the case. Great result but just my opinion so please DYOR.

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I doubt we will hit 52 week lows with most of the fear subsided. Now stage 3 is very real and fomo will set in after the profit taking is done....which looks about now so i topped up some more at 0.115. Still eyeing that 22c gap.

AGY Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.5¢		Change 0.001(1.35%)		Mkt cap ! $104.8M

Open	High	Low	Value	Volume
7.2¢	7.5¢	7.0¢	$763.1K	10.55M

Buyers (Bids)

No.	Vol.	Price($)
3	155405	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	647109	7

View Market Depth

No.	Vol.	Price($)
3	155405	0.074
1	100000	0.073
45	222470	0.072
5	706483	0.071
5	394285	0.070

Price($)	Vol.	No.
0.075	647109	7
0.076	85497	1
0.077	52800	2
0.079	221017	1
0.080	117000	4

Last trade - 16.10pm 26/06/2024 (20 minute delay)

AGY (ASX) Chart