AGS 0.00% 17.5¢ alliance resources limited

Eshmun Thank you for your informative posts. I enjoy reading...

  1. 621 Posts.
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    Eshmun

    Thank you for your informative posts. I enjoy reading them as they are eminently sensible and have helped to clarify my thinking.

    I agree with your thesis --- If AGS loses the court case, the company is doomed and the share price will dive. However, if AGS wins then the share price will rocket. There are no guarantees for AGS in this high risk gamble. The market recognises this and the fear factor has resulted in the share price at 8 cents.

    As I have mentioned in previous posts, I believe AGS is in a strong position and for this reason the matter will be settled before 7 April. However, we are all speculating and none of us knows what the outcome will be.

    I am confident that we will get an out of the blue announcement in the next few weeks indicating the warring parties have reached an agreement. The terms of this settlement will determine the share price and in my opinion, it will be a considerable upwards re-rating.
 
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Currently unlisted public company.

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