If AGO can announce in the coming weeks
(this is why its price was smashed on the H2 result):-
- debt paydown of another $22M, from $118M to 98M
- buyback of shares of $10M using cash,
- one off dividend of $10M or 0.1c per share
- cash stable at $80M
using its $24M per month free cashflow since 1 December then we will see a serious stable rerate SBM style muylti bagger,
cmon Board, let it fly while it can!
AGO Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held