AGO 0.00% 4.5¢ atlas iron limited

Will FMG make a bid tomorrow?, page-135

  1. 136 Posts.
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    I believe Gina and Twiggy want a greater % of AGO shares and hence will keep raising the offer. At somepoint I believe they will both agree to keep AGO listed as unlikely either will get a majority share. The remaining shareholders FMG and Hancock will benefit from AGO's assets being run properly with especially FMG's help. A full takeover is very unlikely now especially if another party is taking another slice which I suspect. 3 major shareholders holding 20% and 40% owned by remaining shareholders. This way everyone profits otherwise one of the bidders will have to make a far higher offer to buy twiggy or Gina out and believe neither will want to be bought out as they both will want to be part of AGO's turnaround both for money but also for reputation.
 
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Currently unlisted public company.

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