AGO 0.00% 4.5¢ atlas iron limited

ferraus takeover completed, page-7

  1. 19,662 Posts.
    lightbulb Created with Sketch. 277


    1.Announced Merger with Aurox Mar 2010

    2.Merger with Aurox completed Aug 2010

    3.Announced takeover of GIR Dec 2010

    4.Takeover of GIR 90%+ 25 Feb 2011

    5.Announced takeover of FRS Jun 2011

    Takeover of FRS 90%+ Sep 2011

    Approx drop from highs to lows post Aurox = 23%
    Approx drop from highs to lows post GIR = 22%
    Approx drop from highs to lows post FRS = ??

    If the same percentages apply then $3.35 is a possible bottom.
 
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.