AGO 0.00% 4.5¢ atlas iron limited

please explain, page-17

  1. 1,084 Posts.
    lightbulb Created with Sketch. 490
    It for one was disgraced by the $70+ mil from a revenue of $500. I for one can't make sense of how the company has such ridiculous operating costs. In the previous year revenue was down, but operating costs were nowhere near as ludicrous as for this hy. I understand a profit has been made, but it's a slight one in ideal conditions. I was keen to purchase a larger quantity based on a better number, but with such a low profit I find myself questioning the company should io prices and global conditions continue to deteriorate.
 
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.