Ann: Landmark Deal On Costs - Mining Back On, page-50

market valuation . 110mil cap / shares in issue 920 mil =12 cents

market value stays the same 110mi / 4-5bil shares @= low price.
until the market sees ago has value sp will move . but since debt aint paid off well there jst wasting shareholder money . contractors are just using 25% profit share to buy shares . i wonder why people would buy at 5-10 cents .but myr sold its shares at a high sp people bought and made loses.companies can screw shareholders and justify crap ..ago was 2 b4 now 12 cents and what do they tell you. we are making profits. sorry jdsyd but it happens mine was a small parcel tho i hate companies that dont add value. fmg is risky but better .2companies teach me lesson maverick drillin and ago . got emotional with maverick they lied about reserves and got away with it. ago was suppose to be a 2day trade but sadly the next.day they went into halt . i knew the risk but thought IOP will recover with sp . not a halt i see fmg is on the low 2.2 wil go there for sme risky trading at 2 will be fine for me .some posters saw the update and left . im leaving this thread. cheers all the best hope you make money from other trades and be happy.