Jul. 8 at 5:00 PM
$AGPU - Following Russell microcap news yesterday, company seems to be making very good progress. As for daily share price movements, I’m not very concerned or focused on these. Of course I’m interested in the share price over the medium & longer term, but daily fluctuations are not often tied to company execution or fundamentals, so pretty meaningless.
If they can continue to make good progress on the announced contracts, convert further pipeline demand to contracted value, avoid corporate mishaps, and allocate capital effectively then I’ll remain a very happy shareholder.
The thing that brings me here currently is a stark price disconnect. If that closes, arguably hitting
$25-35 region on the current story, I’ll further analyse the business fundamentals which are unknown at present - profit margins, revenue growth, balance sheet, capital allocation metrics etc, because then it competes for a place in my PF against other very profitable, proven companies.
