We are going to have a good week or 2.
The next 2 weeks will contain:
-DD getting completed.
-AGY will THEN have a large cash balance to fund "new" S1 and S2.
-Possible QL Chinese JV details announced.
-S1/S2 ponds getting completed and Brine getting pumped.
-More Chinese fund buying IMO.
-Large Chinese and Australia media coverage as AGY is in marketing mode.
-Possible NEW broker support via research report.
-Any other NEWS that AGY would need to announce after receiving funds. e.g.. possible NEW land acquisitions?
ALL in the next 1-2 weeks!
Onspeed put a rather conservative SP target out there and some were surprised. Not if you've done you're research. (DYOR) on AGY
One just needs to do the simple math breakdown like BTHs did in these posts...
https://hotcopper.com.au/threads/fundamentals.3508506/page-187?post_id=27006717#.Wcf599R9548
https://hotcopper.com.au/threads/fundamentals.3508506/page-181?post_id=27003720#.Wcf5f9R9548
Plus, it's worth RE-reading the first post in this thread that covers all points of the AGY story.
Look at the numbers! Do the MATH.
I had price targets of 10-12 (while we were at 3 cents)
Price targets of 18-22 (while we were at 12 cents)
and NOW price targets of 28-32.
Which is going to get a serious bump once DD is done and we get more info on the QL JV.
We aren't pulling these numbers out of our a$$.
You just need to do the math of what AGY is currently doing and what they'll be doing in the next 12-24 months.
What the market will figure out soon is the FUNDS HAVE did the math on AGY and a lot more probably.
I think they see good value under 35 cents and are looking to bag on that. That's why your seeing VERY strong buying and line-wipes at these levels.
It's going to be a great couple of weeks. Hold on.
IMO
DYOR!!
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $182.5M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.0¢ | $517.5K | 3.872M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 473852 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.0¢ | 915530 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 473852 | 0.125 |
22 | 836913 | 0.120 |
13 | 568571 | 0.115 |
9 | 879046 | 0.110 |
6 | 577000 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 915530 | 15 |
0.145 | 365459 | 8 |
0.150 | 691694 | 17 |
0.155 | 1508933 | 7 |
0.160 | 189601 | 6 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
13.5¢ |
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Change
-0.005 ( 0.15 %) |
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Open | High | Low | Volume | ||
13.5¢ | 14.0¢ | 13.5¢ | 1108935 | ||
Last updated 15.15pm 29/04/2024 ? |
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