AGO 0.00% 4.5¢ atlas iron limited

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  1. 2,239 Posts.
    Management haven't missed a beat?

    Well the chairman was sacked last week. The managing director "very disappointed" by the outcome of the AGM.

    Relations between Atlas and its 19.5% backer suffered a blow on Friday when IMC teamed up with Linq Resources Fund to use thei 25.3% stake to sack Mr Nixon and veto the company's non-binding renumeration report.

    IMC are possibly considering calling an EGM to appoint their own board members.

    These are comments from The West Australian newspaper today.
 
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