Market may be factoring in lower IO prices 2H 13 which is quite ridiculous as Feb will also be a bumper month production wise. Is a takeover on the cards? Very possible, but i think the market is overreacting over the latest profit results.
That noncash impairment did not impact AGO bottomline, all it did was adjust in line with the current MV of the asset worth
sellers exhausted?, page-15
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