My average can be brought down to .47 by participating in this cap raising...........Would love to average down but a few points are stopping me.
A cap raising that is not used for eliminating debt really concerns me
Management are on too high a salary for what is happening. With K.B removed from Managing Director, his wage is absurd!
If Iron ore prices tank again, I just can`t see this surviving.
And last but definitely not least, Im so peeved off that we were promised a rail solution that has not been delivered.
So, whilst tempting to average down and grab the free options, it`s a big fat NO THANKS to AGO management, as I have lost faith in them..........................
AGO Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held