Coincidental you mention selling everything you have and piling in. That's exactly what some of us did last time AGI was down and out. Those that held from those lows did very well.
I still think there's more downside from here and I think you'll make money being short. It's all negative ATM. Analysts all bearish.
That being said with their increased production capacity here and in the US they'll be ready to quickly capitalise and a rerate will occur swiftly should they eventually bring something to market that's appealing. It happened with the A560, no reason it can't happen again IMHO
It's a waiting game from here on in.
Ann: AGI Release re Results of 2018 Annual General Meeting, page-23
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74.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 6981 | 1 |
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