AGO 0.00% 4.5¢ atlas iron limited

Ann: Change in substantial holding, page-17

  1. 558 Posts.
    lightbulb Created with Sketch. 65
    Every day without an offer makes it less likely as they would not want Redstone increasing their holdings.

    If your plans are to accept it would be prudent to not send in acceptance until just before close as you are then tied in and may miss something better. I would imagine most who plan to accept (however many that is) would hold for another couple of weeks. Therefore low acceptance thus far is misleading as to final result.

    Be interesting to see where price goes after offer closes if they get say 60%. I could see offer being marginally increased in about 10 days to get to this level and beyond. I imagine FMG will be after some deal whereby they share some asset use (port after development is opened up) rather than just block for the sake of it.
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.