AGM 0.00% $1.60 australian governance & ethical index fund

d_crome$1.18 was a trading spike on speculation of possible...

  1. 9,303 Posts.
    lightbulb Created with Sketch. 1119
    d_crome

    $1.18 was a trading spike on speculation of possible value. Since then more facts have become known and with those facts AGM traded considerably lower than $1.18.

    CDU traded briefly at $10 - a lot more facts are known now and it's no way near that of course.

    Explorers price charts go through a number of waves as money involved moves along the spectrum from speculators to long term investors.

    There is no reason to automatically assume that a price high from an earlier wave will be the long term price goal nevertheless $1.20 would probably seal the deal for ZFX.
 
watchlist Created with Sketch. Add AGM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.