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3.8¢ argosy minerals limited

Is this about to bounce?:Well, they did better than they were...

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MarkHGO

6,520 Posts.

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09/08/23

16:12

Post #: 69250605
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Originally posted by wogitalia: ↑

The absentee directorship is definitely the most worrying sign. Now he's shelved the only thing he actually seemed to be doing for the company with the monthly updates it looks even worse.

FWIW, I don't mind that the monthly updates were shelved as they were pretty worthless the last few months but the way he did it was really worrying. A simple "we won't be updating monthly moving forward" in the last one would have clearly shown it as a change. The ghosting of shareholders is a very worrying sign.

Definitely a lot of red flags coming from management right now, as much as I want to be positive we've established a trend of missing deadlines and the radio silence is deafening right now in a period that was supposed to be the company making period.

There was a glass half full approach to cutting the progress reports that big news was on the horizon and didn't want to water it down but we're now over a week from when the last update should have dropped and radio silence with nothing to show. A couple more weeks and I think it becomes impossible to go the glass half full and have to accept the glass half empty that they're failing to progress anything and thus have nothing to say and were aware that constantly saying nothing was actually screaming out that they weren't making progress.

Jerko really does need to pull the proverbial finger from all his other pies and get focused on this one or perhaps it's time for someone who can focus on it to take over and right the ship.

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Is this about to bounce?:

Well, they did better than they were prepared to pay!

After 4:00pm to 4:10pm - good volumes @ 28 cents.

AGY Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.8¢	$131.9K	3.384M

Buyers (Bids)

No.	Vol.	Price($)
4	872154	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	990329	8

View Market Depth

No.	Vol.	Price($)
4	872154	0.038
5	730581	0.037
25	2570708	0.036
25	2584608	0.035
6	1226910	0.034

Price($)	Vol.	No.
0.040	990329	8
0.041	670500	6
0.042	998817	10
0.043	1577500	3
0.044	1316726	8

Last trade - 16.10pm 04/10/2024 (20 minute delay)

AGY (ASX) Chart

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