AGS 0.00% 17.0¢ alliance resources limited

Is AGS at the start of a 5 bag bonanza run?, page-42

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    And take it for what it's worth, but here is my idiosyncratic narrative on the 3 year chart what happened to this company.

    All things being equal, the company had the equivalent of 104m shares on issue, so it follows that each $10m reduction of cash returned during a capital return would result in $10.4m being wiped from the MCAP, or thereabouts.



    So, again, all things being equal, it's time for the market to consider the value of AGS' current projects and whether, in light of everything discussed on this thread so far, whether the company is worth more than the market is giving it credit for.

    Some people skimming over the chart might think something more catastrophic happened than a big capital return to shareholders.
 
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Currently unlisted public company.

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