AGS 0.00% 17.5¢ alliance resources limited

end of an era ...1 less source of u308, page-68

  1. 3gb
    963 Posts.
    It seems to me presuming no news good or bad (probable, hehehe) that a few months out from the court case next July sellers will have been thinned out and a few gamblers, analysts (who can dredge up some positives)and maybe even some technical people might be tempted to pay 12 cents or better for AGS with a view to profiting from resolution of the court case. I dont think the market has completely denounced risk. With this in mind and the possibility of some positive news in the next year I am going to try and scrape together some more funds to buy more and become really over weight in this unpopular stock. Bad as the management maybe if it does go moderately in the companies favour in the next 12 months 12 cents will be a bargain buy. Taking risks is my role, hopefully I get them right more than wrong.
 
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Currently unlisted public company.

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