AGM 0.00% $1.60 australian governance & ethical index fund

abn amro upgrade, page-43

  1. 2,364 Posts.
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    Good pickup Moneyman- I guess you are right.

    But an explanation is pretty much irrelevent now. The momentum started by tracker funds buying AGM as it entered the ASX300 has been lost.

    Cant see another peak in the sp now untill the ball mill arrives. Recent history has shown that exploration results wont do much for the SP, nor positive progress on startup.

    However when the SP is rerated in June-July, I believe it will go well over $1. There is a fair bit for the SP to price in.

    Untill then be patient. Buy if you can raise more money, particularly when the SP dips below 65c.

    Good luck all.
 
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