threads on ago - possible sp of $1.96??, page-2

The AXOGs will start to perform like shares very soon.

They convert 1:1 to AXO shares and at 95c each they start to have upside once the AGO share price reaches $2.85 (3x95cAXOGs=1 AGO share).

AGO hit $2.80 today (closing at $2.76) so this could even start to happen from tomorrow (fingers crossed!)

I think AGO will be over $3 before the AXOGs are due to be converted (or paid out at face value), so potentially some good upside.

At this rate, AGO will not have to pay out on the notes - who would take face value when they can get a higher price by converting to AXO shares? A win for everybody.