AGM 0.00% $1.60 australian governance & ethical index fund

beware of deadcat bounces, page-2

  1. 1,367 Posts.
    Hi Melua, I've been keeping an eye on this stock for the last few months, considering production was to commence end of this year but has been delayed to start in Jan/Feb, IMO the market is over reacting to this news. However, the price of Nickel has taken a belting and IMO looks to be pushing down to $12.00 to $13.00 per lbs, still the economics for AGM look strong.

    The share price has fallen from a high of $1.18 to $0.69, about 42%.

    I don't hold, but if AGM’s share price continues to fall, I will be in very shortly.

    Regards
 
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