Buyer: China
When a share is in this situation, watch the Directors movements, if they are buying, you buy. If they sell, dump and run. They are buying.
This is open to a takeover at well below valuation.
Note, it is a high risk investment at this stage. There are announcements to be made. Only invest what you can afford to lose.
But more fun than an evening at the Crown casino.
I have a buy order in as I did with Qantas. I smell there is a penny to be made.
AGO Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
