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.
- Forums
- ASX - By Stock
- AGO
- AGO to close back above 5c tomorrow
AGO to close back above 5c tomorrow, page-2
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online