re: longer term outlook is brilliant Moneyman and Jojo your...

re: longer term outlook is brilliant Moneyman and Jojo your calcs roughly agree with mine except at a a higher price the profits increase exponientally rather than linearly. I think I explained this in a previous post.

However I have to say that AGM can be a short term buy too. Where there are a number of short term buyer it tends to make the price fluctuate a lot, but has no effect on the long term price. In fact it can be beneficial if there are short term buyers when you decide is time/need to sell.

But I dont believe short term speculators should winge if they dont make huge profits- after all its their own fault for not picking the right buy in/ sell time. AGM has been a classic example where short term buyers could make good profit in the last few months, and will continue to provide opportunities.

Please short term buyers- dont winge on this forum if you stuff up!