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2.44%

4.0¢ argosy minerals limited

"I worry that when we get the trifecta announcements, upward...

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12/11/18

09:50

Post #: 36467047
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Originally posted by MarketingMan: ↑

That observation has been made all year.
Not invalidating your comment, simply saying "you're right" but, happens time and again.
I think the answer is, majority of holders agree however, only takes a small number of people (as reflected by the low trading volumes) who either have jumped to the wrong conclusion or have to get their money out and - and that sets the price.

I worry that when we get the trifecta announcements, upward price momentum is going to be crippled by people saying "yay, I can finally get my money out!" and will sell out before we reach true value.

Hopefully (once PEA is dropped) some instos are ready to scoop them up.
However, we are going to need a larger resource size (more than just the +10% provided by the recent land acquisition).

If I had to guess, the resource will be upgraded by 150% (i.e. half again).

IMO
DYOR

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"I worry that when we get the trifecta announcements, upward price momentum is going to be crippled by people saying "yay, I can finally get my money out!" and will sell out before we reach true value."

I hope so.

Might return to the forums of 2 years ago.

AGY Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.0¢		Change -0.001(2.44%)		Mkt cap ! $58.23M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$86.92K	2.135M

Buyers (Bids)

No.	Vol.	Price($)
1	199999	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	100	1

View Market Depth

No.	Vol.	Price($)
1	199999	0.040
10	716409	0.039
8	1110821	0.038
18	2502917	0.037
26	2792087	0.036

Price($)	Vol.	No.
0.041	100	1
0.042	1564864	7
0.043	2054255	5
0.044	525000	4
0.045	572150	9

Last trade - 16.10pm 15/10/2024 (20 minute delay)

AGY (ASX) Chart

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