I can not stand it any longer. I feel obliged to grasp the falling knife.
Down again, closed today 24.76% below the NTA of $3.23 calculated back in Dec 16.
Even though the lender's approval to proceed with a buy back is confirmed it can't commence
until August the 18th. It would have been nice if the price was supported during this difficult
period. Buyers are having a field day taking advantage of sellers who have succumbed to
the bad press of late. But down deep we should know the company is soundly managed
proceeding steadily, and not taking advantage of anyone to produce opportunistic profits.
I reckon also the NTA will receive another hike and the 18th of August report will come
supported by valuable information which will floor dissenters and appease residents who claim
foul. This together with the buyback will boost the share price.
There's an open window!
The bots are out for blood but analysts consensus =strong buy. There is no substantial short selling.
Appreciate the opinions of anyone who has a long term holder's interest.
AOG Price at posting:
$2.43 Sentiment: Buy Disclosure: Held