Australia's largest stock trading and investment forum Australia's #1 stock forum

AGS

Click for more information

0.00%

17.0¢ alliance resources limited

IMO, the only reason this stock is rising is because they are...

First 31 Last

Share
Profile

Follow
chrisCarter

914 Posts.

37

19/07/16

10:46

Post #: 18304911
Share

Originally posted by GoNuke ↑

Actually, the shares being cancelled are all unmarketable so the amount of shares removed from the market will probably be small.
It will create a much tighter register though with 3/4 of shareholders being forced off the register. I guess the biggest shareholders will be the directors who have probably done well rewarding themselves with rights, option,shares over the years.

IMO, the only reason this stock is rising is because they are jumping back on the gold bandwagon. Late comers but gold is where it's at....today anyway.

Expand

IMO, the only reason this stock is rising is because they are jumping back on the gold bandwagon

What gold? Are you referring to the small shareholding in AYC?

AGS Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Freedom Care Group reveals NDIS wants to ban it providing program services

BDM

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 13 more messages in this thread...

First 31 Last

Add AGS (ASX) to my watchlist