AGY 8.00% 13.5¢ argosy minerals limited

Benign Banter & Price Predictions, page-18

  1. 1,360 Posts.
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    Its only been 3 days since AGY announced a company making deal with Chinese partners for both funding and off-take for phs2 at Rincon but also for future opportunities into China between the parties for development of projects in China the big bonus. We have seen profit taking as you will always see with any company forging forward from where this stock has come from with consolidation periods along the way. Compared to its peers in the Li space AGY should see a move towards the 20c range as the wider market becomes aware of the potential here. As with AVZ big money is pushing the stock which is what is needed here as brokers and instos and funds take a slice of the action. I would expect at worst case once the 30 day DD is up to see AGY forge towards that 20c (200 mill cap after share issue) with the deal locked away once Chinese regulatory approvals are given for the placement and off-take. As seen with AVZ the stock made its major gains after the finalisation of the placement to Chinese partners so the AGY re-rate although consolidating here after news should see a kick along as we move through the 30 day period.
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Last
13.5¢
Change
0.010(8.00%)
Mkt cap ! $189.5M
Open High Low Value Volume
13.0¢ 14.0¢ 13.0¢ $582.3K 4.327M

Buyers (Bids)

No. Vol. Price($)
1 59222 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 355115 15
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.010 ( 2.20 %)
Open High Low Volume
13.3¢ 14.0¢ 13.0¢ 3859993
Last updated 15.59pm 28/03/2024 ?
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