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Agilyx Ord Shs AGXXF

Industrials
Agilyx ASA is a Norway-based company that provides recycling services. The Company’s chemical recycling technology and intelligent feedstock management system, mixed plastic waste can be converted to new virgin-equivalent plastics, as well as chemical products and fuels creating the opportunity for true circularity.


OTCQX:AGXXF - Post by User

Agilyx Ord Shs
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Comment by danno15058on May 10, 2012 12:17pm
206 Views
Post# 19894766

RE: RE: RE: RE: watch and wait

RE: RE: RE: RE: watch and wait

That premise would not surprise me either ($ towards food vs miners, etc), but the real issue here for me is sustainability of such a high debt on the balance sheet. Given that it will take a long time to repair bank balance sheets, they will continue to be reluctant to lend, especially to anyone (individual or corporation) who is already stretched. Meaning that finding someone to lend to these levered entities will require a higher interest payment. We've seen that already play out in the USA, and it is starting to come home to roost in Europe/Asia. Hence why I am cautious to add to this name. In fact, seeing as I am not that far off from my entry, I might even get out on a strong rally. But that's not for awhile I suspect.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities