Ann: Variation of Takeover Bid, page-83

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Y4ukikmycow

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16/09/18

18:41

Post #: 35632727
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Originally posted by bridog ↑

At the risk of having some holders waiting for me with baseball bats, I want to put forward my thoughts for holders' consideration.

Neither Gina Rinehart nor Andrew Forrest should be considered friends of AGO shareholders for the following reasons:

1. Atlas will not remain a listed entity. Why? I believe Gina prefers to operate in a private environment, away from the spotlight and more onerous responsibility that comes with being a company listed on the ASX.

2. I previously wrote that I believe that FMG has a blocking stake because they want to negotiate an in-specie share transfer for some asset of AGO that they wanted. This was confirmed today by FMG that they want port access as a price for their holdings. How this was to be arranged was not specified, possibly by some joint venture of the rail and port facilities. I can't remember where I read this but think from an email or article sent to my phone. It should be reported more widely tomorrow I should think.

No need for baseball bats, holders can accept what's on offer and pocket the cash.

All imh and unqualified opinion, and is opinion, not fact, except that I did read the part about FMG, that is fact.

Good luck to all.

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@birddog,

Can you please find those unsubstantiated emails or whatever you claim you had read on your phone re statement this was confirmed today by FMG and post for all to see or at least a link to those statements would be great if you could.

AGO Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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Ann: Variation of Takeover Bid, page-83

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Shekel Brainweigh and Calmer Co lead innovations in the retail space

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

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