AGY
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8.14% 9.3¢ argosy minerals limited

People assume funding will automatically trigger a spike in the...

  1. chark
    207 Posts.
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    02/09/20
    20:22
    Post #: 47035786
    People assume funding will automatically trigger a spike in the SP. Only if it is on good terms. Just look at G1A.. for almost a year the rave was that the financing deal would be the catalyst for a significant re-rate. They finally got some sucky 8% interest deal (a lot higher than first spruiked) and the price has gone down.
    AGY Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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