AGO 0.00% 4.5¢ atlas iron limited

Spot IO closes at $57.50, page-6

  1. 10,137 Posts.
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    AGO SP last year same time 14.5c v 2.6c now

    AGO MC last year same time $140M v 37M now

    yet IOP same & AUS$ the same and yet
    AGO COP slashed lower from AUS85 to now 55 or so yet many more shares on issue

    How is it that the MC can collapse a 4 bonger like it has when the COP is much lower and no change in the IOP and AUS$ rate since the same time last year?

    Priced very cheap.
    Market doesnt believe Hartleys or the WA Govt/investors.

    A refinance of all debt on better terms like FMG did in 2013 will wipe the doubters for good.
 
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