AGO 0.00% 4.5¢ atlas iron limited

charts & thoughts (october), page-25

  1. 7 Posts.
    Domster9, it will be sometime late in November I think, due to the need to change the company constitution to be no longer restricted to paying dividends out of
    profits. (Resolution 8 in the AGM)

    As AGO booked a loss with MRRT (despite writing that off against capital expenditure) they officially did not make a profit (despite the bank account increasing), so need to change the constitution to pay dividents from the money AGO didn't make a profit with....
 
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Currently unlisted public company.

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