AGM 0.00% $1.60 australian governance & ethical index fund

buddy;Through shear ar$ed good luck i sold on late last years...

  1. 2,656 Posts.
    buddy;

    Through shear ar$ed good luck i sold on late last years rally above $1 on the back of the takeover rumours. I had a sell price filled whilst overseas.

    This year the same happened for real and the SP has gone nowhere of consequence.

    Yes retail buyers are selling, but who here is not retail ?

    Once AGM goes to the majors, and becomes another project, imo it will be a declining proposition.Or go sideways indefinatley. These guys have the $$'s to do just that too. Create a beaucocracy and stall until a recovery of the market or Ni inventories suit their needs.

    AGM is so attractive though, a pity the Beards/ market etc could not have timed this with early to mid 07. AGM would be sitting at a far more significant premuim.

    All the best.

    Bacchus
 
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