AGS 0.00% 17.0¢ alliance resources limited

Ann: Return of Capital-AGS.AX, page-10

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  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    i previously posted (last year) given Gandell's holding another capital return was inevitable

    AGS currently has 5.8 cents in cash and no tax to pay

    after the return of capital they will have 3.8 cents in cash and the share price, based on today's share price, will be 2.4 cents

    share price will be 63% of the cash backing

    4.4 cents today looks like a good buy. i'm in for some

    .........
    Last edited by ddzx: 16/09/16
 
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