AGO 0.00% 4.5¢ atlas iron limited

shorts - some facts, page-31

  1. 1,021 Posts.
    I would be strongly tempted to take it.

    When I bought into Atlas 6 years it was a 10 year investment. However what faith can I have that the next 4 years will see growth when the past 2 years have seen a decline and the past 18 months a consistent decline?

    I have always traded the fundamentals of a company however that has really proved the right choice the past 3 years.

    AGO management cant even sell Ridley, they arent exactly giving me much confidence.

    I thought at the least they could have issued a media release (as opposed to an announcement) highlighting the diesel fuel rebate had been retained in the budget. There was so much speculation it was going to be axed that I know people who assumed it had happened. That speculation no doubt helped this recent sell-off in AGO, and the company should have at least been trying to correct the misinformation.
 
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