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17.0¢ alliance resources limited

i previously posted (last year) given Gandell's holding another...

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ddzx

28,706 Posts.

237

16/09/16

10:48

Post #: 19199894
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Originally posted by OMICRON ↑

So they remove half of their registry which included a lot of the loyal long term holders before offering the capital return . Could see this coming a mile away . Well done AGS, true to form yet again. I guess a fair few in the know would have loaded up at 3.2 a while back.

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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

AGS Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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