yes, thats what happened, and it appears to have happened with FMG as well.
They took advantage of the higher IO price to get rid of the lower quality.
Im expecting next months report to be similar to this one, ie not too bad.
Looking to get back in, risky though as IO could drop to 50.
Will see.
AGO Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held