AGO is so leveraged to the IO price that any valuation would have to be updated daily even if a huge amount of hedging is in place. With IO closing on the 200 day you can only hope there is a bounce but with all the new supply coming on line looks like it will go lower before settling where it is currently. As for AGO you can't see it retesting the low of 1 cent as they are currently profitable and a lot of debt has and will be repaid but 1.5 is a real possibility and looking at the buy depth others think so to
AGO Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
