AGM 0.00% $1.60 australian governance & ethical index fund

Hermoso...How many have you got and how high does the price need...

  1. 1,050 Posts.
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    Hermoso...

    How many have you got and how high does the price need to go for you to retire?

    This current resource won't see too much retirement. To me the thing looks capped at about 40c per share depending on Ni price movements.

    You would have to have a huge resource upgrade to think about retiring in anything other then a caravan.

    I reckon that is entirely possible but it is a few years down the track.

    We are already at more then 400million plus shares. Most comparable companies like Mincorp or Independence have much less then that.

    I like you think these guys have done a reasonable job but there are some yawning gaps in a few places. Late BFS and mistimed placements to name a few.

    Chinkiat
 
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