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23/10/18
10:09
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Originally posted by Samboy69
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Wheres the acquisition application?
Wheres the delisting application, why is there a delay.
You obviously havent followed the AGO story for very long from 10c to $4 to 50c to 1c to 4.6c now.
A lot of local WA investors did invest at a lot higher price than this only to see Gina rake it in cheap.
I am not angry at Gina, she was smart and bold,
I am angry at the BOD, the yank bondholders & FMG for giving up a strategic asset for peanuts.
FMG could have pumped in $100M in 2016 and taken a 50% holding, they could have held their 19.9% blocking stake and kept it listed, but no, they missed out.
Maybe Gina will change her mind like she has several times already and relist AGO at $1 per share.
If not I still get a paltry 4.6c. So I have nothing more to lose.
So I will hold till the end.
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You could always write off your loss against another capital gain Obviously do your own research but most investors get the odd loss but hopefully other gains compensate for this in a broader portfolio.