"
WOW!
sellers at 1.0c-2.0c look like dunces
Even i trimmed down at that range but was wrong.
Looks headed to 3.3c easy.
At this IOP, AGO is profit margin expanding from 59-56 = +$3UST to
63 - 52 = +$11UST or AUS$165Mpa or +AUS$41Mper Q"
I do apologies you called it currently or imminently A$165Mpa profits without using a superlative... why would you support a debt/equity swap against that sort of profit background?
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IO at $60 is coming ..AGO can pop, page-124
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