The comparison is valid with one major exception IMO.The U...

The comparison is valid with one major exception IMO.

The U sector has been bashed from pillar to post this year and sentiment in the sector is horrible at the moment. As a result almost all stocks are trading well below fair value. I don't follow AGS closely but I assume its in the same boat as many others in the sector?

On the other hand MAK is in a boom sector (see IPL). You could argue that as a result MAK should be trading even further above current levels given the AGS comparison.

I know its hard to stay on stocks like MAK that seem to be over-hyped rocket ships but I learnt my lesson the hard way with HDR. Took a whole bunch of profits off the table at 38c and didn't buy back in until the 70s as it shot away. Ended up costing me a few hundred K ultimately.

Certainly not time to take profits. Sure there will be a retrace or two along the way but there is no reason this thing will fall before Wonarah is drilled.