I am also looking at getting back into AGO but the down trend and sentiment towards iron ore is still worrying.
I'm waiting for some confirmation of a bottom before buying but I don't think we are very far off...0.90 could be it..but if IO drops enough we could see that push much further.
As for a long term buy..still a bargain. Could be worth buying in now then averaging down if it falls much further.
is ago a buy at these levels, page-8
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