Sorry, I have to admit I haven't been following aex much since selling earlier in the year but can't see that anyone has posted warwick grigor's recent, relevant comments in the AFR. The full article by Michael Vaughan can be read from the news link on the first page of AGS's website but basically he said, inter alia,.." Acclaim Exploration, that's a riskier one and there seems to be a shortage of news on that, but on the basis it has 10,000 tonnes of uranium and 2.5 million ounces of gold in the ore body, then a market cap of $18m seems absolutely ridiculous." He is only specifically quoted on the two A stocks (ags and aex), and there are after all lots of u hopefuls out there , so it does seem to have some significance.
I've experienced the same frustrations as others with with the SP (and only made a tiny profit after holding for well over 12 months) - but Friday's price did seem very attractive for another small punt (0.027). Best wishes all loyal long termers - hope the news, when it eventually comes, will be good.
- Forums
- ASX - By Stock
- AEX
- grigor comments in afr on august 16
grigor comments in afr on august 16
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)