AGM australian governance & ethical index fund

agm prospects in 2008, page-51

  1. 14,880 Posts.
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    There's no-one enthusiatically buying the stock. As I said (and got hounded for it), there is a cap on the stock at 70-72c. I speak to brokers and I get the same story. "BUY in 50s and low 60's and sell in early to mid 70's". Until AGM release further promising drill results, the stock price is not going anywhere. It's a HOLD at best, but probably a sell.
 
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