AGM australian governance & ethical index fund
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Market is booming. Nickel price is above $50,000 but AGM is...

  1. melua
    14,880 Posts.
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    04/06/07
    11:17
    Post #: 2507382
    Market is booming. Nickel price is above $50,000 but AGM is struggling to get above $1.00. Why? Because the market savvy toughs know it is fully priced for a non-producing company. When they are in production and if the nickel price is still at current prices, they will be re-rated towards a $1 Billion market cap ($1.50) but not before. In the meantime, the chart is still very bearish.
    AGM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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