appreciate discussion and opinions.
seems to me that hedge funds, shorters, hf's etc are doing the damage.
ago fundamentals aren't as bad as sp and imo neither is their careful strategy re rail deal.
questionable half year profit but if "operating costs" include exploration/drilling and other growth strategies than understandable.
i'm no accountant but imo different accounting practices are misleading and asx ought to have simplified uniform standards.
it's been said that the market factors in the future.
the sp is so bad that must mean no rail deal and no unlocking of ago's strong reserves - i reckon that is b/s.
the rail deal looks a certainty, if not, ago will be more than a laughing stock!
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