AGO 0.00% 4.5¢ atlas iron limited

Ann: June 2018 Quarterly Activities Report, page-63

  1. 2,103 Posts.
    lightbulb Created with Sketch. 184
    OK, so now you are confusing me (yes, I'm a dumb blonde senior, long in the tooth). What do you mean by "They need a. Lot more to compulsory acquire 90% I believe". Either they can compulsorily acquire the lot or not? Or can they only compulsorily acquire the lot after achieving purchase of a certain percentage? 90% 75% ???

    What I was debating was the statement that "With Gina guaranteed to give you 4.2 cents the only way is up" (i.e. the assumption that there was no possibility of the SP ever going below that amount so it was guaranteed to rise). Is there any possibility that Gina's offer will collapse? That's the question. If there is a possibility, and it happens without a compensatory better offer, then SP will collapse.
    Last edited by graywolf: 13/07/18
 
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.