Debt holders obviously haven't gone on holidays yet
IO down overnight but still above US$70 so no need for people to panic
Obviously a few got in at below 2 cents so may be taking some profits
Apart from that absolutely no idea - I just see it as another opportunity to top up
From my point of view the stock WILL be 5 cents after dec qtr figures are released as I believe they will announce a AU$75million profit for the qtr which means 100 million YTD profit and with profits in 3rd and 4th qtr back to first qtr levels AGO should report at the very least AU$150 million profit for FY17 (x3 = 450 million MC) or 5 cents per share
Be patient people sometimes the market doesn't reflect fundamentals and this is one of those times.....
AGO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
