I assume the price is tanking because they aren't producing and aren't selling and have a cash runway until Q1 2024.
AGY are going to need to capital raise and in this market, that's going to be at a discount.
Hence the selling.
P.S. - You might think the share price is undervalued but if directors aren't buying, it doesn't look like they agree with you.
Im looking for a re-entry but it will likely be on announcement of a capital raise or seeing directors buying.
I assume the price is tanking because they aren't producing and...
-
- There are more pages in this discussion • 6,181 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.86M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $45.77K | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1412593 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AGY (ASX) Chart |