AGY 1.12% 8.8¢ argosy minerals limited

Fact: the PEA which was released is stated to be accurate to +...

  1. 271 Posts.
    lightbulb Created with Sketch. 88
    Fact: the PEA which was released is stated to be accurate to + or - 50%! So quoting/posting these figures with out this this disclaimer is pretty misleading imo.

    Fact: management left out the quantity of the off take announcment (intentionally or not) which raised the share price the day before credit raising deadline. This is of note because once the following announcement was digested the share price dropped by 60% in the coming days. Tbh the off take could have been for 1kg and you wouldn't have been wiser without the clarification announcement so it should have been in there to begin with.

    Fact: agy is in a down trend.

    Fact: cash flow negative. Listed cash flow negative companies use the share market to raise capital (this is from you the shareholder).


    Fact: this post isn't going to bring Agy's share down.

    Glta imo
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
8.8¢
Change
-0.001(1.12%)
Mkt cap ! $128.1M
Open High Low Value Volume
9.0¢ 9.1¢ 8.7¢ $126.6K 1.417M

Buyers (Bids)

No. Vol. Price($)
5 424454 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 34831 2
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.