i don't have any inside scoop on a capital return or a possible wealth creating acquisition but we know it's a real possibility.
i have a simple strategy. ags is trading at a massive percentage discount to cash backing so buy.
sadly i am motivated by trying to recover what i have lost and i think my discount to cash backing strategy has some kind of merit.
there was plenty of negativity when the 8 cent raise was announced and it looks like many ags shareholders bailed at less than 8 cents and missed out on the 12 cent capital return.
lucky for me i didn't act on that negative sentiment back then.
AGS Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
