RCMAN,
I do not think that a higher AUD is good for AGO.Check your maths.
The one thing to be aware of in trading AGO short term is that they will do a capital raise soon I believe and in the current market that could be at 20c.
If so this would blow a lot of ST traders out of the water.
I have stopped my trading in AGO because of this possibility but will resume when it is vlear that a CR is not necessary for AGO
AGO Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held