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17.0¢ alliance resources limited

No doubt, those shareholders are long gone, hence the low...

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unsinkable

10,489 Posts.

111

18/01/18

11:16

Post #: 30392609
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Originally posted by robbo24 ↑

Sometimes you have to question whether a tiger can change its stripes, that's fair enough.

Fact is, I invest in a lot of small cap gold and base metal explorers.

If we look at this company and say it's a small cap gold and base metal explorer, sans history and angry shareholders, then it's a crazy-good deal.

No doubt there will be some obvious resistance points on the chart as people with paper losses decide to exit, albeit with only 100m shares on issue I think if you add up all the daily volume since the last capital return most of the angry shareholders could have exited by now

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No doubt, those shareholders are long gone, hence the low marketcap

Last edited by unsinkable: 18/01/18

AGS Price at posting: 15.5¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

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