Although in principle the market should be a 100% indication how holders value a companies worth, we all know that the market can in the short term be manipulated by certain big holders (attempting to increase their wealth). But even they know they can't manipulate once the buying strength becomes overwhelming.
The facts are that AGO might never be a BHP/RIO but its going to hold its own very well and more important to we the shareholders prove to be very profitable. Great management holds the key to maximising the companies assets and I believe AGO has that very well covered.
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- morningstar valuation $4.80- buy
Although in principle the market should be a 100% indication how...
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