AGM 0.00% $1.60 australian governance & ethical index fund

moving and announcement

  1. 1,045 Posts.
    Boys and Girls.

    AGM has moved from 4.2c to 5.9c in the last month. Volumes have not been that big. Maybe some trading potential here. Personally I only trade a small amount of my total holding. The rest I am looking for longer term large gains.

    This is one of my favourites to make it from explorer to producer. Everything is progressing well at this point. Of course the only negative currently is the A$. Guessing where it will be in 15 months time makes it difficult to do a DCF but whatever value you choose there should be plenty of $ coming through the door.

    Note the announcement today regarding Societe Generale Australia Ltd. Payment for their services is 2 million options exercisable at 8c.

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