AGOO will probably not show much movement until the share price exceeds 0.04c or 0.05c as they do not become accessible until the share price exceeds either 0.075 or 0.08c (Sorry I think it is the latter, but don't quote me?)
Therefore, people (again I use the word) 'probably' don't see them as viable investment until the share price really starts to move .... Give it time - either Dec 2016 quarter results or March 2017 quarter results will really see things start moving along if the IO price stays above $70US or much higher as it is at present > $80US.....
Like all share investments, they come with a 'risk' factor, and this one is simply if the share price does not clock over 0.08c prior to 30 June 2017, then the investment is worthless after 30 June 2017 and is only a tax deduction as a CGT loss (write off against CG's)
Sorry, I'm no share expert or Financial Adviser, but hopefully this gives you some basic info on their current 'stagnant' status ???
Cheers
DYOR - There is info in the AGO Annual Report on AGOO
AGO Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
