Announcement today says the alternate theory within coohee, but for the wrong reasons.
I guessed they were keeping quiet, either making progress slow because the price was low, or keeping a lid on the production values to aggressively ramp up the time.
They decided to pull the plug today to preserve capital, and focus on the 10ktpa.
This time around, I entertained devil's advocate, however, didn't put together a robust explanation. The answer was simpler... just didn't make financial sense to chase the 2ktpa nameplate. The unknown is how long ago they made that decision?
Now I'm left holding the bag with two options: Keep holding... or sell and eat the loss and try to make the money back elsewhere.
Time to re-assess the investment for AGY, from scratch, and see if it still makes sense.
- Forums
- ASX - By Stock
- General Discussion AGY
Announcement today says the alternate theory within coohee, but...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
-0.031(38.3%) |
Mkt cap ! $72.79M |
Open | High | Low | Value | Volume |
6.6¢ | 6.6¢ | 4.8¢ | $2.637M | 48.92M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 819844 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 529545 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 819844 | 0.049 |
16 | 1351117 | 0.048 |
13 | 1112524 | 0.047 |
13 | 797103 | 0.046 |
10 | 737928 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 529545 | 9 |
0.051 | 934000 | 7 |
0.052 | 638472 | 8 |
0.053 | 396802 | 4 |
0.054 | 810983 | 8 |
Last trade - 14.58pm 24/07/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online