We're not too proud to admit failure here at Urban Capital. AGI's AGM commentary contained a profit warning that clearly others in the market knew was coming. the market had been sending a strong message but the fact that AGI waits for an AGM to communicate a major profit warning says a lot about their disclosure and the ASX should have issued a ticket for their deterioration in the proceeding months. To have lost 50% in the space of 6 months without any commentary from the company is unforgivable. We never forget or forgive poor governance or poor shareholder comm's. We dumped AGI at $2.70 taking a 10% loss on average entry price which was just before it fell off the cliff - all the to under $2.40. They look fairly cheap at $2.40 but we wont forget, forgive or reinvest. Sayonara.