OTCQX:AGXXF - Post by User
Comment by
Matlockon Dec 11, 2018 10:06am
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Post# 29096385
RE:RE:My opinion, this is a strategy to keep stock price up
RE:RE:My opinion, this is a strategy to keep stock price upFormer AGT investor here, rode it down from $42 to $14, sold in July when the management buyout first became news.
I think one factor to consider on today's valuation also is in the current pulse market, China has stepped in as a major buyer in the absense of India. Given recent USA/China trade tensions which Canada has got sucked into, that may be reflected in the current price below $18.
With that said, if one believes the $18 offer will definitely happen, the market is selling loonies for 95 cents right now.