AGM 0.00% $1.60 australian governance & ethical index fund

agm down 20% +, page-7

  1. 366 Posts.
    chinkiat
    I still hold as well but are a little concerned with the rise in the $ and how this will effect the resource sector as a whole.
    Analysts are already talking the dollar up to 77c and could break 80c mid 2004.
    Apart from the Gold stocks most of the resource sector may have been a little inflated (when you take into account the exchange rate) prior to this correction of late.
    On the upside AGM has the goods so lets wait and see.
 
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