Jack12, I just looked at the chart for the last 12 months. I think with the issue of I/O price rising will give the stability for the AGO price to hover at its present position. I ditched my AGO holdings yesterday - aiming at topping up another stock I follow closely which is about to possibly rise this month. Once I have taken my kill on this stock, this will allow me to come back in on AGO with a larger sum of units in time for the next quarterly report - which will likely drive value even further.
I think for AGO holders, our major concern is I/O price and outstanding debt.
The other stock I have talked of, I have held since 2007, just building it up and lowering my cost price average per unit. For me AGO is the same, sit and wait - patience is virtue!
- Forums
- ASX - By Stock
- AGO
- Iron ore bullish as Chinese futures surge
Iron ore bullish as Chinese futures surge, page-204
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online