AGO was once a market darling but then last year happened!
AGO lost money last year, and did not achieve it's targets.
A number of the bigger funds had money in AGO and got burnt pretty badly as a result.
That's why we won't get a rerating until we start meeting targets and making good profit.
This is why I think the next few months could be game changer for AGO. We look like we are meeting our growth targets, all we need now is the IO price to jump up a little and you will see AGO start to recover.
AGO Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
