AGO's been range bound in an accumulation zone IMO since August 2012 between ~$1.30 and $1.90, which has included a couple of supply tests and shakeouts. Relatively high volume during this period and while there have been known sellers (eg, Schroders) I've got no doubt someone is soaking it up.
For me $1.30 to low $1.40s is a relatively low risk entry.
sellers exhausted?, page-3
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