AGO 0.00% 4.5¢ atlas iron limited

may pivots, page-62

  1. 1,021 Posts.
    Ok, so the diesel rebate wasn't cut, the aussie dollar is falling, Chinese steel output hit a record high last week, and STILL the AGO share price falls. Today down 4%.

    I don't pretend to have the solutions but management cannot ignore this 45% slide over 12 months.

    Who knows if AGO is a TO target or not. One thing is clear, at $2.40 you would think anyone considering such a move would be very tempted to act now. And if they arent acting, then you would think they aren't planning to.

    Aren't I a little ray of sunshine today...
 
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