I bought in a lot of AGO now, so I am emotional now
Will sell near 5c if it stops rising.
Re ASX reshuffle, I think March 20 doesn't matter. Funds are often wrong, and entering ASX All Ordinaries also means they can short it easier too. CLQ is down, but it entered ASX All Ardinaries too.
Goldman Sachs is overweight Chinese stocks now (while scaremongering that resources will go down), because China is increasing stimulus. Maybe trying to spend USD before it's collapse? Next recession (which should happen soon, 1-3 years from now) and USD might be worthless. So maybe they try to spend more of their 3T USD?
I believe IO supply will increase over time. I guess market wants to see next quarter to see if costs will go up again.
