AGM 0.00% $1.60 australian governance & ethical index fund

lion selection group own 6.8 percent , page-10

  1. 2,366 Posts.
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    "There may be others not as informed as you ,who may find the information relevent, and profitable "

    When they are given a biased view of a poor share (ramping) they certainly are not going to make a profit.
    No one who has done a little bit of investigation would touch this share.

    It was set up as a "pooled development fund" where special tax concessions apply. Any Capital Gains or Dividends are completely tax free. A sister company (AUS) was set up which bought shares from this company, so highly inflated dividends could be paid, which were tax free.

    With the amalgamation of the two companies (the tax office were interested in the arrangements) this scam no longer is available.

    " Not too many dogs in there either ,looking at the share prices "

    Have a look at each individual SP graphs. Many at record lows. AGM and HAV are propping up this share portfolio.

    In my opinion only a fool would buy this share. But I could be wrong, do your own research.

    I hope you make heaps of money Brendan.

 
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Currently unlisted public company.

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