Simple, Jimmy because the last time IO was $140 a tonne, it was on it's way to $180, not coming back from $86 and at that time AGO as well as other IO shares had not been smashed so recently as they had been last year,(not that long ago as I'm sure you recall) people simply do not believe the longer-term sustainability of this rally and they are taking profits wherever they can to 'average out' previous paper (or real) losses in IO's. Are they right? If we knew the answer to that, we would probably not be posting here. We would be relaxing somewhere, free to do whatever we desired. JIMO. BTW, this is a very good company that has punched well above it's weight.
AGO Price at posting:
$1.67 Sentiment: Hold Disclosure: Not Held
