Thanks for that explanation Pixel.
It seems that AGO are going through a difficult period - their price reflects this and has fallen. I suppose the question to be asked is whether there still a sound reason to buy at the current price.
The price is now at $0.97 after falling 6.5 cents on Friday. That is a big fall. I suppose it is a one trick pony relying on the iron ore into China, hence the price. (?)
It appears to have long term prospects. The business still looks sound with low debt and cash in hand plus proven...
I was thinking that it wasn't too bad. The offer provides a bit of a discount and the promise of growth is there.
I am looking at it as a stock that will continue to grow in the short to medium term, and the dividend is at about 4.5%.
I wasn't real rapped in the way they opened the offer up to...
Retail Food Group RFG Share purchase plan
RFG are offering shareholders the opportunity to purchase parcels of shares at $4.30 per share to finance continued expansion. The company has grown steadily over the past few years returning a dividend fy of about 19c in 2013.
I wonder if they have...
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