So where's the substantial holder notices for all this big...

First 6 Last

Share
Profile

Follow
Hingdog

25,267 Posts.

1588

24/03/17

20:24

Post #: 23614035
Share

Originally posted by asx_dude ↑

The big accumulation
Ok in opinion, cyclically the bear market ended in 2016 and so did the big short on IO. Good riddance as in my eyes there's far more risk shorting commodities than going long. For any analyst who continues to call an IO bear market is either:
1. a ST focused individual who has no concept of LT cyclic commodity markets
2. has forgotten the last few painful years for IO investors and has not yet grasped the strong fundamentals and emerging IO demand as the globe comes out of a historical GFC being pro growth and IO supply clearly balanced.
3. ST focused which frankly I don't give a #£## about daily IO fluctuations as it's a distraction from LT investor fundamentals.
4. Stuck in a pessimistic time warp of 2014-2015 and been burnt by the 'surprise' rise

My view is what IO investors are patiently witnessing is a mass accumulation of IO companies such as AGO who are now money making machines. Why? As debt holders dump for a profit, shares are transferred to accumulators and it's going to be interesting in the next few months who will be the largest shareholders and how shares changed hands. Capital growth opportunities with mining is in its early stages after a vicious 4 year bust cycle which finished, costs bottomed, IO balanced and is now recovering as debt is eliminated quickly and significant cash is generated. Show me another sector right now with the potential of our IO miners.

AGO will deserve to have a MC of a billion dollars by next financial year meaning it's SP will rise above 10c.

Get ready holders. The quarterly is near.

Expand

So where's the substantial holder notices for all this big accumulation? Keep ramping, it won't get you anywhere.

AGO Price at posting: 3.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

AII

Inside the depths of Panasqueira: A legacy carved in rock

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

So where's the substantial holder notices for all this big...

Top Stories

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Inside the depths of Panasqueira: A legacy carved in rock

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

Featured News