My two bobs worth: A lesson for management, make sure your goals are aligned with market expectations. If they are not the market will react as it has today. The constant spruiking on twitter with little hints etc has driven up the market's expectations and clearly they were not met today. So management a little bit less twitter, a little bit more of "under-promise and over-deliver" Thanks very much.
The second lesson is for those invested in the long term. The announcement is not bad, it is not bad at all! Hold tight, the market over reacts to news (or lack there of). The modern investors remind me of veruca salt: "I want it NOW daddy." If there is anything we need to take from verruca is that patience will be rewarded.
My two bobs worth: A lesson for management, make sure your goals...
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Last
4.2¢ |
Change
0.003(7.69%) |
Mkt cap ! $61.14M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.6¢ | 3.9¢ | $556.4K | 13.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2026489 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 193027 | 2 |
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| AGY (ASX) Chart |