threads on ago - possible sp of $1.96??, page-4

Maybe I'm cutting my own throat here, in terms of buying more AXOG, but...
AXOG is a 'good as guaranteed' 95c capital return. Locked in. Plus interest, 3.325c or so. Or, in other words, 91.675c after subtraction of interest. So, if AXO gets above 92c, AXOG is 'leveraged' to AXO (well, 1:1 anyway), with the benefit of a GUARANTEED return if the sharemarket goes south over the next couple of months. (Incidentally, AGO @ $2.76 = 92 cps AXO equivalent currently = "AXOG in the money"). Now if someone wants to risk their capital for the 4.7 cps (5.4%) upside over 87c, good luck to them. My approach would be to buy AXOG today and be essentially GUARANTEED of a profit, be exposed to near 100% of upside over the next 2.5 months, and face NO RISK of a capital loss. Crikey, with odds like that and you could bet the house on AXOG, and not just take a punt with some loose change on the heads.
I hold AXOG only and sentiment reflects AXOG.