AGM australian governance & ethical index fund

value of agm, page-9

  1. 5,233 Posts.
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    JBM must have averaged $46,000 per tonne of nickel in 2007 then. and in 2009 they are going to earn 40% more than in 2007. their resources are 3 times that of AGM.
    i suppose size of resource is not relevant to a valuation???
    Everything you have said sounds brilliant Priest except one thing....you cant get anyone independent to back up the story.
    Just one professional who is independent to back up its current value.

    was the share price 70c prior to TO because you were the only person who knew these wonderful things about AGM? and if anyone else had known then the share price would have been $2?
    no !
    The reason it was 70c and not 20c or 10c was because its a public company and everyone knew what you knew.
    Bluesky is already factored in.

    PE's of 10 are very rare indeed and if you want to say $5-$10 then you are labelling AGM a $4 - $8 billion company.
    then i suggest you dont sell.

    cheers and good luck
 
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