AGM 0.00% $1.60 australian governance & ethical index fund

how to make money, page-28

  1. 14,880 Posts.
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    Good evening folks. As I said last Friday, I bought the remaining 300K on Monday at average 78c to bring my overall average to 79c.
    KKelv,
    It's nearly impossible to predict the "bottom" when a share is in a downtrend. A 33% retracement from the peak is good enough for me and I am a long term bull on nickel (I was a short term bear at $50,000+)....not at $53,000 but above the $25,000 that will value AGM at well over a dollar per share. I've said all along if AGM is hammered down to the 65c area, I will confidently buy as many as I can afford without hesitation. I said on Friday we probably saw the bottom at 74.5c in this sell down and trading since then confirms it.
    If drill results are imminent and the company also confirms all is on track for Nov/Dec, then AGM will track upwards again.
 
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