When u do the maths on the options the valuation metrics are about the same, except now they have 480mill cash from memory,
so thats incentive enough to have a go for it. So then the metrics say its well and truly worth it. Its just another head fake to get a bull flag on the charts- as u probably know, there was no pennant, only a down trending triangle in the formation, as u have stated. But have a look at LYC and the same formation turned into gaps up. Assuming the chart will follow the same pattern as the last 3 pennants, is an extreme probably.
Apart from the credit news giving support again your assessment is in the high probabilities.
Personally a spring or bull flag is the best formation on the charts and the big boys will be creating some great patterns to launch into the top of the gap at 12cents in the future.
Well your art of sentiment induction could be better used to increase your own equity curve, instead of fear mongering, so we all cringing with fear over your words, as we hold or sell into capitulation while AGO is pulling in 30mill a month in free cash incoming.
AGO Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
