As per usual, these IO stocks provide great value toward the end of FY (ie May and June). I have a significant holding at much higher levels but a level headed approach this time last year allowed me to double my holdings at 72c which I subsequently sold for 1.10.
It is amazing, that the share market provides the same opportunities every year. I look forward to taking the same approach this year!
Unlike some, I have a lot of faith in this company over a 10 year horizon. H2 still has not been valued into the SP and 1 simple announcment of rail or t/o will send this stock rising 100%+.
Bring on the selling - I really want to double my holding again at 72c!!!
AGO Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held
