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4.5¢ atlas iron limited

AGO to close back above 5c tomorrow, page-3

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Meledath

2,657 Posts.

177

21/02/17

22:44

Post #: 22793990
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Originally posted by fumoy ↑

Very disappointing for AGO that contractors get 25% of IO price above 66.
margin is 43 at these price so contractors get 11 and AGO get 31 margin.

It finishes in April so 5 months at av margin of 36 is 9 loss at 5.3 tonne is $48 mill loss to AGO and happy contractors at the totally amaz deal they got for their faith. Cant find the reference for this deal- just from memory so dont trust this as usual.

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Thats not true..can be classified as down ramping

AGO Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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